Columbia Financial (CLBK) to Release Quarterly Earnings on Thursday

Columbia Financial (NASDAQ:CLBK) is expected to post its quarterly earnings results before the market opens on Thursday, January 23rd. Analysts expect Columbia Financial to post earnings of $0.07 per share and revenue of $45,900.00 billion for the quarter.

Columbia Financial (NASDAQ:CLBK) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06. The firm had revenue of $124.87 million during the quarter, compared to analysts’ expectations of $54.95 million. Columbia Financial had a net margin of 3.35% and a return on equity of 2.09%. On average, analysts expect Columbia Financial to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Columbia Financial Trading Up 1.1 %

NASDAQ CLBK opened at $16.00 on Tuesday. Columbia Financial has a one year low of $13.79 and a one year high of $20.46. The firm has a market cap of $1.68 billion, a PE ratio of 106.67 and a beta of 0.22. The firm’s fifty day moving average is $16.93 and its two-hundred day moving average is $16.95. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 0.99.

Insider Activity at Columbia Financial

In other Columbia Financial news, Director Noel R. Holland sold 10,000 shares of the company’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $17.06, for a total transaction of $170,600.00. Following the completion of the transaction, the director now owns 30,501 shares in the company, valued at approximately $520,347.06. This represents a 24.69 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.38% of the stock is currently owned by insiders.

About Columbia Financial

Columbia Financial, Inc, a bank holding company, provides various financial services to businesses and consumers in the United States. Its deposit products include checking, interest-earning checking products and municipal, savings and club deposits, and money market accounts, as well as certificates of deposit.