CLBK Stock Price Columbia Financial Inc Stock Quote U.S.: Nasdaq

It offers traditional financial services to businesses and consumers. Columbia Financial, Inc. is a holding company, which engages in the provision of traditional banking and other financial services. It offers personal and business banking, wealth management, and other banking services such as online banking, bills payment, and mobile check deposit. The company was founded in March 1997 and is headquartered in Fair Lawn, NJ. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors.

A roundup of the latest corporate earnings reports and what companies are saying about future quarters.

Columbia Financial, Inc. Announces Fourth Stock Repurchase Program

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This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.32% per year. These returns cover a period from January 1, 1988 through July 31, 2023.

• It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
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• The company offers non-interest-bearing demand deposits, interest bearing demand accounts, savings and club accounts, money market accounts, and certificates of deposit.

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. As interest rates have risen, many banks have become more profitable because the spreads between what they earn on loans and investments and what they pay for funding has widened. Silicon Valley Bank has failed following a run on deposits, after its parent company’s share price crashed a record 60% on Thursday.

Columbia Financial (CLBK) Q1 Earnings Match Estimates

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.

Columbia Financial’s stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (2.32%), Dimensional Fund Advisors LP (1.39%), State Street Corp (1.01%), Renaissance Technologies LLC (0.71%), Geode Capital Management LLC (0.67%) and Northern Trust Corp (0.26%). Insiders that own company stock include Allyson Katz Schlesinger, Dennis E Gibney, Dyk Robert Van, John Klimowich, Michael Jr Massood, Ostenbridge Paul Van and Thomas J Kemly. Columbia Financial’s stock was trading at $21.62 on January 1st, 2023.

Columbia Financial, Inc. Announces Fifth Stock Repurchase Program

FAIR LAWN, N.J., June 15, 2022 (GLOBE NEWSWIRE) — Columbia Bank is pleased to welcome, Jenifer Walden, the new Executive Vice President, Chief Human Resources Officer, effective immediately. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Click the link below and we’ll send you MarketBeat’s list of seven best retirement stocks and why they should be in your portfolio. The industry adopter categories with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions.

Columbia Bank Hires Executive Vice President, Chief Credit Officer, Matthew Rickert

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. 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 federally chartered saving bank that serves the financial needs of depositors and the local community as a community-minded, customer service-focused institution.

Since then, CLBK shares have decreased by 22.6% and is now trading at $16.73. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest.

Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage https://1investing.in/ in earnings season. We’d like to share more about how we work and what drives our day-to-day business. CLBK’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank. Compare
CLBK’s historical performance
against its industry peers and the overall market. Our Quantitative Research team models direct competitors or comparable companies
from a bottom-up perspective to find companies describing their business in a
similar fashion.

CLBK

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