Columbia Financial (NASDAQ:CLBK) Plans $0.05 Quarterly Dividend

Columbia Financial (NASDAQ:CLBK) announced a quarterly dividend on Thursday, July 30th. Investors of record on Wednesday, August 12th will be given a dividend of 0.05 per share on Wednesday, August 26th. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date is Wednesday, August 12th.

Columbia Financial Stock Up 0.4%

Shares of CLBK opened at $10.95 on Friday. The company has a market cap of $2.51 billion, a PE ratio of 43.80 and a beta of 0.25. The business has a fifty day moving average of $19.23 and a 200 day moving average of $18.36. Columbia Financial has a 52-week low of $6.21 and a 52-week high of $11.74. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 1.06.

Columbia Financial (NASDAQ:CLBK) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.15 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.08. Columbia Financial had a net margin of 10.91% and a return on equity of 5.12%. The business had revenue of $73.75 million for the quarter, compared to analysts’ expectations of $71.15 million. On average, sell-side analysts expect that Columbia Financial will post 0.33 EPS for the current year.

Columbia Financial Company Profile

Columbia Financial, Inc is the bank holding company for Columbia Bank, a commercial bank headquartered in Fair Lawn, New Jersey. Through its principal subsidiary, Columbia Bank, the company offers a comprehensive suite of retail and commercial banking products and services. These offerings include deposit accounts, consumer and mortgage lending, commercial real estate financing, and business banking solutions tailored to small- and medium-sized enterprises.

On the consumer side, Columbia Bank provides checking and savings accounts, certificates of deposit, home equity lines of credit, and residential mortgage loans.