Columbia Financial (NASDAQ:CLBK) Issues Earnings Results

Columbia Financial (NASDAQ:CLBK) posted its quarterly earnings data on Tuesday. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.04, Zacks reports. Columbia Financial had a return on equity of 2.09% and a net margin of 3.35%.

Columbia Financial Stock Down 3.6 %

Shares of CLBK opened at $15.18 on Thursday. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.32. The business has a fifty day moving average of $16.54 and a 200 day moving average of $16.99. The company has a market cap of $1.59 billion, a PE ratio of 101.21 and a beta of 0.22. Columbia Financial has a 52-week low of $13.79 and a 52-week high of $19.28.

Insider Buying and Selling at Columbia Financial

In other Columbia Financial news, Director Noel R. Holland sold 10,000 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was 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 $520,347.06. The trade was a 24.69 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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.