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 for the quarter, topping 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 Performance

NASDAQ:CLBK traded up $0.35 during mid-day trading on Tuesday, reaching $15.74. 113,255 shares of the company’s stock were exchanged, compared to its average volume of 84,874. Columbia Financial has a one year low of $13.79 and a one year high of $19.28. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 0.99. The business’s fifty day simple moving average is $16.59 and its two-hundred day simple moving average is $16.98. The firm has a market capitalization of $1.65 billion, a PE ratio of 104.94 and a beta of 0.22.

Insider Buying and Selling at Columbia Financial

In other Columbia Financial news, Director Noel R. Holland sold 10,000 shares of the firm’s stock in a transaction 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 transaction, the director now owns 30,501 shares in the company, valued at $520,347.06. This trade represents a 24.69 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.38% of the company’s stock.

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.