Welcome to our dedicated page for Columbia Financ news (Ticker: CLBK), a resource for investors and traders seeking the latest updates and insights on Columbia Financ stock.
Columbia Financial, Inc. reports developments for a mid-tier bank holding company whose main subsidiary, Columbia Bank, provides deposit, lending, title insurance and insurance services to businesses and consumers. News commonly centers on quarterly and annual operating results, including net interest income, funding costs, net interest margin, provision for credit losses, non-interest income and expense, loan growth and deposit trends.
Company updates also cover balance-sheet actions, stock repurchase authorization, capital-structure matters and governance changes at the holding company and bank subsidiary. These announcements frame Columbia Financial’s recurring disclosures around community banking operations, credit performance, expense control, regulatory capital considerations and board or executive-level changes.
Columbia Financial (NASDAQ: CLBK) reported Q2 2026 net income of $14.5 million, or $0.14 per share, up from $12.3 million, or $0.12, in Q2 2025. Core net income was $15.1 million, or $0.15 per share. Net interest income rose $9.2 million to $62.9 million as higher loan balances and yields and lower funding costs expanded net interest margin to 2.44%, up 25 basis points year over year. Commercial loan segments increased $260.6 million versus March 31, 2026.
For the first half of 2026, net income grew to $27.6 million, or $0.27 per share, from $21.2 million, or $0.21. The board declared a new quarterly cash dividend of $0.05 per share, payable August 26, 2026. In July 2026, the company completed a second-step conversion offering raising $1.7 billion in gross proceeds and closed the acquisition of Northfield Bancorp, adding approximately $5.8 billion in assets and bringing pro forma assets to $18.0 billion, deposits to $12.5 billion, and loans to $11.9 billion.
Columbia Financial (Nasdaq: CLBK) completed the second-step conversion of its mutual holding company and a related public stock offering of 167,236,353 shares at $10.00 per share, a capital raise of approximately $1.7 billion. Columbia Bank is now 100% owned by Columbia, which is fully owned by public stockholders.
Simultaneously, Columbia closed its previously announced acquisition of Northfield Bancorp in a transaction valued at $580 million. Each Northfield share was converted into either $14.25 in cash or 1.425 Columbia shares, subject to elections and proration, with final consideration targeted at 70% stock and 30% cash. Pro forma as of March 31, 2026, Columbia reported $18.0 billion in total assets, $12.5 billion in deposits, $11.9 billion in loans held for investment and more than 100 branches across New Jersey and New York.
Following issuance and adjustments, Columbia expects approximately 269,542,256 shares outstanding. CLBK shares will begin trading on the Nasdaq Global Select Market on July 21, 2026 under CUSIP 197914104. Former Northfield directors joined Columbia’s boards, and Steven M. Klein became Senior Executive Vice President and COO.
Columbia Financial (Nasdaq: CLBK) completed the firm commitment underwritten portion of its second-step conversion offering. Together with the subscription offering, the company expects to sell 167,236,353 common shares at $10.00 per share, for anticipated gross proceeds of about $1.67 billion.
The firm commitment offering accepted orders for 52,291,781 shares, while the subscription offering covered 114,944,572 shares, including 5,017,091 ESOP shares. Minority shareholders of the existing holding company will have their shares exchanged at a 2.2000x ratio, with cash for fractional shares at $10.00.
Immediately after conversion, Columbia Financial expects to close its $580 million acquisition of Northfield Bancorp, with Northfield stockholders receiving either $14.25 in cash or 1.425 company shares per Northfield share, subject to elections and proration, resulting in final merger consideration of roughly 70% stock and 30% cash. According to Columbia Financial, the conversion, MHC wind-up, and Northfield merger are scheduled to close on July 20, 2026, with the new shares expected to begin trading on July 21, 2026 under the symbol CLBK.
Columbia Financial (NASDAQ: CLBK) has commenced a firm commitment underwritten public offering at $10.00 per share for common stock not subscribed for in its second-step conversion subscription offering.
The Company received approximately $1.1 billion in the subscription offering and now expects to sell between $281 million and $769 million of additional common stock. Completion of the second-step conversion remains subject to final regulatory approvals, a final independent appraisal, and the sale of at least 142,375,000 shares, including shares that may be issued as merger consideration to Northfield Bancorp stockholders.
Columbia Financial (NASDAQ: CLBK) reported key milestones for its pending second step conversion and Northfield Bancorp acquisition. Stockholders and Columbia Bank MHC depositors approved the conversion and related merger.
The successor company received about $1.1 billion in its subscription offering and plans an underwritten offering at $10.00 per share, subject to final regulatory approvals and sale of at least 142,375,000 shares.
Columbia Financial (NASDAQ: CLBK) reported preliminary subscription offering demand of over 5,000 orders totaling approximately $925 million for its second-step conversion.
The company raised the individual purchase limit to 800,000 shares ($8.0 million) and the group limit to 5,000,000 shares ($50.0 million), with remaining shares to be sold at $10.00 per share in a firm commitment underwritten offering, subject to approvals and a minimum sale of 142,375,000 shares.
Columbia Financial (NASDAQ: CLBK) and Northfield Bancorp (NASDAQ: NFBK) mailed merger consideration election materials to Northfield stockholders for the planned holding-company merger.
Holders may elect Columbia’s new Maryland holding-company stock, cash, or a mix, with tiered exchange ratios and cash amounts based on appraised full conversion value and a 30% cap on aggregate cash elections.
Columbia Financial (NASDAQ: CLBK) plans to begin its second-step conversion stock offering on or about May 21, 2026, following receipt of all necessary regulatory approvals.
The new Maryland holding company will offer up to 192,625,000 shares at $10.00 per share, support the acquisition of Northfield Bancorp, and must sell at least 142,375,000 shares to complete the conversion.
Columbia Financial (NASDAQ: CLBK) reported net income of $13.1 million (EPS $0.13) for Q1 2026, up 47.2% year-over-year. Net interest income rose to $60.4 million and net interest margin expanded to 2.42%. The company announced a second-step conversion and a proposed merger with Northfield Bancorp.
Results reflected lower provision for credit losses, higher non-interest expense (including merger costs), reduced non-interest income, a higher effective tax rate of 29.9%, and modest balance sheet shifts including a $72.1 million deposit decline.
Columbia Financial (NASDAQ: CLBK) agreed to acquire Northfield Bancorp (NASDAQ: NFBK) in a transaction valued at approximately $597 million, creating a pro forma regional bank with $18 billion in assets (as of 12/31/2025).
Columbia will pursue a second-step conversion: an offering at $10.00 per share, cancellation of ~73.1% of current shares held by the mutual holding company, and depositors with qualifying 12/31/2024 balances receiving priority subscription rights. Northfield shareholders may elect stock (tiered exchange ratios tied to an Independent Valuation) or cash ($14.25–$14.65), with a maximum of 30% cash. Transaction expected to close early Q3 2026, subject to regulatory and holder approvals; Columbia forecasts ~50% EPS accretion in 2027 at the midpoint of valuation assumptions.