Columbia Financial (NASDAQ:CLBK) Releases Earnings Results, Meets Estimates

Columbia Financial (NASDAQ:CLBK) released 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 company had revenue of $124.87 million during 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 Trading Down 1.6 %

CLBK stock opened at $16.69 on Friday. The company has a market capitalization of $1.75 billion, a PE ratio of 104.31 and a beta of 0.18. The company has a debt-to-equity ratio of 1.61, a quick ratio of 1.02 and a current ratio of 1.02. Columbia Financial has a one year low of $13.79 and a one year high of $20.46. The company’s 50 day moving average price is $17.08 and its two-hundred day moving average price is $16.22.

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.