Columbia Financial (CLBK) to Release Quarterly Earnings on Thursday

Columbia Financial (NASDAQ:CLBK) is expected to be releasing its earnings data 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 data on Thursday, October 24th. The company reported $0.06 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.06. Columbia Financial had a return on equity of 2.09% and a net margin of 3.35%. The firm had revenue of $124.87 million during the quarter, compared to the consensus estimate of $54.95 million. 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 1.0 %

Shares of CLBK opened at $15.87 on Thursday. The stock has a fifty day moving average price of $17.08 and a two-hundred day moving average price of $16.92. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 0.99. Columbia Financial has a 52-week low of $13.79 and a 52-week high of $20.46. The company has a market cap of $1.66 billion, a price-to-earnings ratio of 105.81 and a beta of 0.22.

Insider Buying and Selling at Columbia Financial

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

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.