Columbia Financial (NASDAQ:CLBK) Announces Quarterly Earnings Results

Columbia Financial (NASDAQ:CLBK) posted its earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.06, Zacks reports. The firm had revenue of $124.87 million for the quarter, compared to the consensus estimate of $54.95 million. Columbia Financial had a return on equity of 2.42% and a net margin of 4.11%.

Columbia Financial Stock Down 1.6 %

Columbia Financial stock traded down $0.28 on Friday, hitting $16.69. 69,478 shares of the stock traded hands, compared to its average volume of 81,992. The business’s fifty day simple moving average is $17.08 and its 200 day simple moving average is $16.22. The firm has a market cap of $1.75 billion, a P/E ratio of 104.31 and a beta of 0.18. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.61. Columbia Financial has a 1 year low of $13.79 and a 1 year high of $20.46.

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.