Columbia Financial (CLBK) to Release Quarterly Earnings on Thursday

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

Columbia Financial (NASDAQ:CLBK) last released its quarterly earnings data on Thursday, October 24th. The company reported $0.06 EPS 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 Price Performance

Shares of CLBK opened at $16.09 on Wednesday. The firm has a market capitalization of $1.68 billion, a PE ratio of 107.27 and a beta of 0.22. The company has a debt-to-equity ratio of 1.32, a current ratio of 0.99 and a quick ratio of 0.99. The company’s 50-day moving average is $16.86 and its 200-day moving average is $16.96. Columbia Financial has a fifty-two week low of $13.79 and a fifty-two week high of $20.46.

Insiders Place Their Bets

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 stock was sold at an average price of $17.06, for a total value of $170,600.00. Following the transaction, the director now directly owns 30,501 shares of the company’s stock, valued at $520,347.06. This represents a 24.69 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 3.38% of the company’s stock.

Columbia Financial Company Profile

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.