CLBK - Columbia Financial Inc Stock Price, Fair Value and News

16.94USD+0.17 (+1.01%)Market Closed

Market Summary

USD16.94+0.17

Market Closed

1.01%

CLBK Stock Price

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CLBK RSI Chart

CLBK Valuation

Market Cap

1.8B

Price/Earnings (Trailing)

48.76

Price/Sales (Trailing)

4.45

EV/EBITDA

11.37

Price/Free Cashflow

53.19

CLBK Price/Sales (Trailing)

CLBK Profitability

EBT Margin

11.66%

Return on Equity

3.47%

Return on Assets

0.34%

Free Cashflow Yield

1.88%

CLBK Fundamentals

CLBK Revenue

Revenue (TTM)

395.0M

Rev. Growth (Yr)

22.31%

Rev. Growth (Qtr)

9.29%

CLBK Earnings

Earnings (TTM)

36.1M

Earnings Growth (Yr)

-69.99%

Earnings Growth (Qtr)

-28.05%

Breaking Down CLBK Revenue

Last 7 days

5.3%

Last 30 days

2.4%

Last 90 days

-12.0%

Trailing 12 Months

-12.5%

How does CLBK drawdown profile look like?

CLBK Financial Health

Debt/Equity

1.47

Debt/Cashflow

0.03

CLBK Investor Care

Buy Backs (1Y)

2.82%

Diluted EPS (TTM)

0.35

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	333.8M	356.9M	375.4M	395.0M
2022	271.2M	276.4M	290.3M	309.7M
2021	288.7M	281.0M	274.1M	270.1M
2020	272.9M	285.7M	294.2M	295.7M
2019	237.4M	245.1M	251.8M	261.1M
2018	195.6M	203.8M	213.7M	226.3M
2017	175.0M	179.4M	184.2M	189.3M
2016	0	0	169.0M	171.5M
2015	0	0	0	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Columbia Financial Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 19, 2024	lewis oliver edward jr	acquired	740	16.71	44.3082	evp & head commercial banking
Apr 19, 2024	klimowich john	acquired	615	16.71	36.8271	evp & chief risk officer
Apr 19, 2024	kemly thomas j.	acquired	2,076	16.71	124	president & ceo
Apr 19, 2024	walden jenifer white	acquired	532	16.71	31.8785	evp & chro
Apr 19, 2024	schlesinger allyson katz	acquired	323	16.71	19.3345	evp & head of consumer banking
Apr 05, 2024	randall elizabeth e.	acquired	2,466	16.63	148	-
Apr 05, 2024	lewis oliver edward jr	acquired	740	16.63	44.5213	evp & head commercial banking
Apr 05, 2024	walden jenifer white	acquired	532	16.63	32.0319	evp & chro
Apr 05, 2024	klimowich john	acquired	615	16.63	37.0042	evp & chief risk officer
Apr 05, 2024	holland noel r.	acquired	166	16.63	10.0168	-

Which funds bought or sold CLBK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-66.22	-46,000	20,000	-%
Apr 23, 2024	WETZEL INVESTMENT ADVISORS, INC.	unchanged	-	-329	2,671	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	-20.00	293	-%
Apr 22, 2024	MetLife Investment Management, LLC	reduced	-12.58	19,587	288,448	-%
Apr 22, 2024	Raymond James Financial Services Advisors, Inc.	added	5.96	-13,131	229,392	-%
Apr 19, 2024	Hudson Capital Management LLC	reduced	-4.33	-50,745	296,873	0.10%
Apr 18, 2024	SJS Investment Consulting Inc.	reduced	-23.33	-183	396	-%
Apr 18, 2024	SeaCrest Wealth Management, LLC	unchanged	-	-37,103	360,756	0.04%
Apr 12, 2024	Westend Capital Management, LLC	sold off	-	-	-	-%
Apr 09, 2024	MASSMUTUAL TRUST CO FSB/ADV	new	-	3,683	3,683	-%

Are Funds Buying or Selling CLBK?

Are funds buying CLBK calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own CLBK

No. of Funds

Recent SEC filings of Columbia Financial Inc

View All Filings

Date Filed	Form Type	Document
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading
Apr 23, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading
Apr 09, 2024	4	Insider Trading

Peers (Alternatives to Columbia Financial Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	553.3B	171.1B	-2.31%	36.49%	11.17	3.23	60.72%	31.52%
BAC	302.1B	130.3B	3.56%	28.93%	11.39	2.32	79.51%	-3.68%
WFC	218.1B	85.7B	6.72%	47.09%	11.39	2.55	41.49%	39.96%
C	119.7B	133.3B	3.01%	27.78%	12.98	0.9	79.09%	-
CFG	16.0B	10.2B	-0.51%	22.27%	9.98	1.57	44.53%	-22.43%
KEY	13.8B	7.9B	-2.00%	32.35%	14.22	1.74	46.47%	-49.56%
MID-CAP
CMA	7.0B	4.2B	1.92%	23.45%	7.92	1.67	56.25%	-23.46%
ZION	6.2B	3.9B	2.71%	47.68%	9.1	1.57	45.91%	-25.03%
ABCB	3.3B	1.3B	1.85%	41.72%	12.28	2.58	43.24%	-22.35%
ASB	3.2B	2.0B	3.40%	20.85%	17.57	1.64	70.97%	-50.03%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	414.1M	164.9M	-1.69%	36.50%	35.41	2.51	42.66%	-70.76%
AROW	383.2M	162.6M	-4.81%	4.19%	12.74	2.36	25.39%	-38.37%
ACNB	291.3M	96.6M	-3.52%	8.70%	9.19	3.01	11.02%	-11.37%
ASRV	45.1M	60.9M	-2.56%	-9.83%	-13.48	0.74	24.06%	-144.92%

Columbia Financial Inc News

Latest updates

Columbia Financial Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	9.3%	108	98.00	96.00	93.00	88.00	80.00	73.00	69.00	69.00	66.00	68.00	68.00	73.00	73.00	76.00	75.00	71.00	64.00	63.00	63.00	62.00
EBITDA Margin	-19.7%	0.64*	0.79*	0.94*	1.14*	1.24*	1.30*	1.33*	1.34*	1.33*	1.29*	1.22*	1.12*	-	-	-	-	-	-	-	-	-
Interest Expenses	-6.6%	45.00	49.00	51.00	61.00	68.00	69.00	67.00	63.00	61.00	57.00	58.00	57.00	59.00	56.00	56.00	51.00	47.00	42.00	41.00	42.00	43.00
Income Taxes	-68.0%	1.00	3.00	0.00	6.00	9.00	7.00	8.00	7.00	9.00	8.00	10.00	8.00	7.00	5.00	5.00	2.00	4.00	5.00	4.00	4.00	3.00
Earnings Before Taxes	-37.2%	7.00	12.00	2.00	25.00	30.00	28.00	31.00	28.00	32.00	29.00	37.00	29.00	27.00	20.00	20.00	9.00	17.00	20.00	16.00	18.00	18.00
EBT Margin	-36.6%	0.12*	0.18*	0.24*	0.34*	0.38*	0.41*	0.43*	0.46*	0.47*	0.44*	0.40*	0.33*	-	-	-	-	-	-	-	-	-
Net Income	-28.1%	7.00	9.00	2.00	19.00	22.00	21.00	23.00	20.00	23.00	21.00	27.00	21.00	21.00	15.00	15.00	7.00	14.00	14.00	12.00	15.00	15.00
Net Income Margin	-33.3%	0.09*	0.14*	0.18*	0.25*	0.28*	0.30*	0.32*	0.34*	0.34*	0.33*	0.30*	0.25*	-	-	-	-	-	-	-	-	-
Free Cashflow	-185.4%	-34.80	41.00	32.00	-5.33	28.00	35.00	40.00	32.00	30.00	-5.43	-101	170	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q4	2019Q4	2019Q3	2019Q2
Assets	3.1%	10,646	10,324	10,085	10,635	10,408	10,012	9,751	9,237	9,224	9,200	9,067	9,040	8,799	8,865	8,963	8,325	8,189	4,572	956	7,070	6,981
Cash Equivalents	107.0%	423	204	93.00	319	179	102	109	96.00	71.00	298	387	360	423	266	226	88.00	76.00	-	-	58.00	54.00
Net PPE	0.3%	84.00	83.00	83.00	84.00	84.00	84.00	84.00	78.00	79.00	74.00	75.00	77.00	76.00	77.00	78.00	72.00	73.00	-	-	64.00	61.00
Liabilities	3.1%	9,605	9,316	9,062	9,596	9,355	8,983	8,677	8,205	8,145	8,169	8,034	8,040	7,787	7,848	7,922	7,364	7,206	-	878	6,078	5,973
Long Term Debt	12.7%	1,529	1,356	1,120	1,707	1,127	674	420	433	377	750	750	723	799	1,015	1,130	1,377	1,407	-	82.00	1,129	1,163
Shareholder's Equity	3.3%	1,040	1,007	1,023	1,039	1,054	1,030	1,074	1,032	1,079	1,031	1,033	1,000	1,011	1,017	1,041	961	983	-	-	992	1,008
Retained Earnings	0.7%	894	887	878	876	858	836	815	792	765	742	721	694	673	652	637	622	615	-	-	602	588
Additional Paid-In Capital	0.3%	791	789	786	784	781	779	777	671	668	618	614	612	610	608	605	534	532	-	-	530	528
Shares Outstanding	-0.1%	105	105	106	107	109	107	106	103	104	103	105	106	-	-	-	-	-	-	-	-	-
Float	-	-	-	429	-	-	-	657	-	-	-	590	-	-	-	583	-	-	-	-	-	721

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-175.1%	-32.47	43.00	34.00	-3.61	30.00	37.00	42.00	33.00	31.00	-4.79	-100	172	41.00	5.00	12.00	-8.45	-7.96	31.00	-26.61	26.00	10.00
Share Based Compensation	-20.1%	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	-	-	-
Cashflow From Investing	55.6%	-63.07	-142	308	-63.57	-320	-305	79.00	-67.46	66.00	-206	40.00	-343	234	111	-50.79	-36.15	-237	-69.42	-108	-105	-116
Cashflow From Financing	49.8%	314	210	-567	207	368	261	-108	60.00	-324	122	87.00	108	-117	-75.61	177	57.00	263	42.00	124	103	94.00
Buy Backs	540.1%	2.00	0.00	22.00	47.00	22.00	4.00	31.00	22.00	29.00	0.00	26.00	33.00	48.00	-	13.00	40.00	13.00	38.00	4.00	-	-

CLBK Income Statement

2023-12-31

Consolidated Statements of Income - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2021

Interest income:

Loans receivable

$ 343,770

$ 263,559

$ 228,841

Debt securities available for sale and equity securities

28,120

34,221

30,211

Debt securities held to maturity

9,708

9,694

8,632

Federal funds and interest-earning deposits

8,188

474

430

Federal Home Loan Bank stock dividends

5,192

1,722

2,036

Total interest income

394,978

309,670

270,150

Interest expense:

Deposits

125,162

27,878

29,109

Borrowings

63,940

15,015

7,907

Total interest expense

189,102

42,893

37,016

Net interest income

205,876

266,777

233,134

Provision for (reversal of) credit losses

^[1]

4,787

5,485

(9,953)

Net interest income after provision for (reversal of) credit losses

201,089

261,292

243,087

Non-interest income:

Bank-owned life insurance

10,126

7,393

5,994

Loan fees and service charges

4,510

3,924

2,983

(Loss) gain on securities transactions

(10,847)

210

2,025

Change in fair value of equity securities

695

(401)

(1,792)

Gain on sale of loans

1,214

178

10,790

Other non-interest income

14,136

10,380

8,940

Total non-interest income

27,379

30,400

38,831

Non-interest expense:

Compensation and employee benefits

120,846

116,926

99,534

Occupancy

22,927

22,589

20,071

Federal deposit insurance premiums

8,639

2,591

2,374

Advertising

2,805

2,865

2,358

Professional fees

9,824

8,158

7,363

Data processing and software expenses

15,039

13,362

11,497

Merger-related expenses

606

2,810

822

Loss on extinguishment of debt

300

2,851

Other non-interest expense

1,431

5,515

8,867

Total non-interest expense

182,417

174,816

155,737

Income before income tax expense

46,051

116,876

126,181

Income tax expense

9,965

30,703

34,132

Net income

$ 36,086

$ 86,173

$ 92,049

Earnings per share - basic (in dollars per share)

$ 0.35

$ 0.82

$ 0.88

Earnings per share - diluted (in dollars per share)

$ 0.35

$ 0.81

$ 0.88

Weighted average shares outstanding - basic (in shares)

102,656,388

105,580,823

104,156,112

Weighted average shares outstanding - diluted (in shares)

102,894,969

106,193,161

104,156,112

Demand deposit account fees

Non-interest income:

Revenue

$ 5,145

$ 5,293

$ 3,803

Title insurance fees

Non-interest income:

Revenue

$ 2,400

$ 3,423

$ 6,088

[1]	(1) The Company adopted ASU 2016-13 as of January 1, 2022. Prior year period has not been restated.

About Columbia Financial Inc

Columbia Financial, Inc., a bank holding company, provides financial services to businesses and consumers in the United States. The company offers non-interest-bearing demand deposits, interest bearing demand accounts, savings and club accounts, money market accounts, and certificates of deposit. It also provides loans, including multifamily and commercial real estate loans, commercial business loans, one-to-four family residential loans, construction loans, home equity loans and advances, and other consumer loans that include automobiles and personal loans, as well as unsecured and overdraft lines of credit. In addition, the company offers title insurance products; wealth management services; and cash management services, including remote deposit, lockbox service, and sweep accounts. It operates full-service banking offices in New Jersey; and branch offices in Freehold, New Jersey. The company was founded in 1927 and is headquartered in Fair Lawn, New Jersey. Columbia Financial, Inc. is a subsidiary of Columbia Bank MHC.

CEO	Mr. Thomas J. Kemly
WEBSITE	columbiabankonline.com
INDUSTRY	Banks Diversified
EMPLOYEES	748

Columbia Financial Inc Frequently Asked Questions

What is the ticker symbol for Columbia Financial Inc? What does CLBK stand for in stocks?

CLBK is the stock ticker symbol of Columbia Financial Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Columbia Financial Inc (CLBK)?

As of Tue Apr 23 2024, market cap of Columbia Financial Inc is 1.76 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of CLBK stock?

You can check CLBK's fair value in chart for subscribers.

What is the fair value of CLBK stock?

You can check CLBK's fair value in chart for subscribers. The fair value of Columbia Financial Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Columbia Financial Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for CLBK so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Columbia Financial Inc a good stock to buy?

The fair value guage provides a quick view whether CLBK is over valued or under valued. Whether Columbia Financial Inc is cheap or expensive depends on the assumptions which impact Columbia Financial Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for CLBK.

What is Columbia Financial Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Apr 23 2024, CLBK's PE ratio (Price to Earnings) is 48.76 and Price to Sales (PS) ratio is 4.45. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. CLBK PE ratio will change depending on the future growth rate expectations of investors.