Columbia Financial Inc (NASDAQ:CLBK) EVP Joseph Francis Dempsey, Jr. bought 1,000 shares of the stock in a transaction dated Thursday, February 7th. The stock was bought at an average price of $15.83 per share, with a total value of $15,830.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.
Shares of NASDAQ:CLBK opened at $15.77 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.07 and a debt-to-equity ratio of 0.99. Columbia Financial Inc has a 1-year low of $14.01 and a 1-year high of $17.73.
Columbia Financial (NASDAQ:CLBK) last issued its quarterly earnings results on Thursday, January 31st. The company reported $0.13 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.11 by $0.02. The firm had revenue of $49.78 million during the quarter. Columbia Financial had a net margin of 9.17% and a return on equity of 7.08%.
Several brokerages have recently issued reports on CLBK. Compass Point set a $16.00 target price on shares of Columbia Financial and gave the company a “hold” rating in a report on Saturday, February 2nd. Sandler O’Neill upgraded shares of Columbia Financial from a “hold” rating to a “buy” rating in a research note on Tuesday, October 16th.
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About Columbia Financial
Columbia Financial, Inc operates as a bank holding company for Columbia Bank that provides banking products and services in the United States. The company offers non-interest bearing demand deposits, such as individual checking and commercial checking accounts; interest-bearing demand accounts comprising interest checking accounts and municipal accounts; and savings accounts, money market accounts, and certificates of deposit.
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