CLBK
Columbia Financial, Inc.Financial Services·Banks - Regional
$20.13
$2.1B market cap
Revenue
$252.4M
Free Cash Flow
$23.3M
Rev Growth
+0.0%
FCF Margin
9.2%
P/FCF
90.0x
EV/FCF
131.7x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--
Columbia Financial, Inc., a bank holding company, provides financial services to businesses and consumers in the United States. The company offers non-interest-bearing demand deposits, such as individual and commercial checking accounts; interest bearing demand accounts comprising interest earning checking accounts and municipal accounts; and savings and club accounts, money market accounts, and certificates of deposit. It also provides loans, including multifamily and commercial real estate loa
2-Year Price History
$20.36+42.0%
Quarterly Financials & Projections
Quarterly Waterfall ($ M)
| Period | Rev | EBITDA | OpIn | NI | OCF | FCF | CapEx | Cash | Debt | Shares | ROIC | IntCov | EV/EBITDA | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Act | 2026-Q1 | 122.0 | 18.7 | 18.7 | 13.1 | 3.1 | 1.3 | -1.9 | 277.0 | 1,247 | 101.5 | 3.2% | 0.3x | -- |
| Act | 2025-Q4 | 130.4 | 20.0 | 20.0 | 15.7 | 24.4 | 22.0 | -2.4 | 340.7 | 1,183 | 101.4 | 4.0% | 0.3x | -- |
Valuation & Metrics
Market Stats
Price$20.13
Market Cap$2.1B
Enterprise Value$3.1B
P/S Ratio8.3x
P/FCF90.0x
EV/FCF131.7x
FCF Margin (TTM)9.2%
FCF Yield1.1%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD
TTM Financial Snapshot
Revenue$252.4M
Net Income$28.8M
Free Cash Flow$23.3M
Revenue Growth (YoY)+0.0%
EBITDA Margin15.3%
Net Margin11.4%
FCF Margin9.2%
CapEx % of Revenue1.7%
SBC % of Revenue1.2%
ROIC3.6%
WC Change % Rev-0.1%
Interest Coverage0.3x
Forward Outlook & Risk
Short Interest
Short % of Float--
Short Shares2.2M
Days to Cover8.6
Change (vs Prior)-0.3%
Need at least 2 settlement dates for chart
Employees
Headcount708
Revenue / Employee$356,511
Gross Profit / Employee$183,052
Institutional Ownership
Headline & net flow
NEUTRAL
Net flow · —still filing
No float data — flow unavailable.
Ownership composition
Active
3.7%(+0.5% YoY)
109 filers
hedge / family / endowment
Retail funds
—
Fidelity, Schwab, 401(k)
Passive
7.3%(+1.0% YoY)
11 filers
Vanguard, iShares, SPDR
Market makers
0.1%(-0.0% YoY)
4 filers
Citadel, Susquehanna
Insiders
—
Form 4 — latest per insider
ActiveRetail fundsPassiveMarket makersRetail direct
Top holders
| Fund | $ value | Cost basis | Δ QoQ | Δ YoY | α life | Fund AUM |
|---|---|---|---|---|---|---|
| BlackRock, Inc.Passive | $40.4M | $16.98 | −$1.1M | −$626K | -0.2% | $5.69T |
| DIMENSIONAL FUND ADVISORS LPPassive | $35.7M | $17.57 | +$905K | +$1.4M | -0.4% | $480.92B |
| VANGUARD CAPITAL MANAGEMENT LLCPassive | $21.0M | $17.51 | +$21.0M | +$21.0M | — | $4.04T |
| VANGUARD PORTFOLIO MANAGEMENT LLCPassive | $19.1M | $17.51 | +$19.1M | +$19.1M | — | $1.91T |
| STATE STREET CORPPassive | $16.1M | $17.24 | −$141K | +$910K | -0.2% | $2.89T |
| GEODE CAPITAL MANAGEMENT, LLCPassive | $13.3M | $17.21 | −$330K | +$294K | +2.3% | $1.61T |
| RENAISSANCE TECHNOLOGIES LLC | $11.8M | $18.08 | +$1.3M | +$796K | +1.2% | $63.91B |
| Ursa Fund Management, LLC | $8.8M | $17.51 | +$8.8M | +$8.8M | -4.2% | $32.7M |
| MORGAN STANLEY | $6.2M | $18.60 | +$1.3M | +$1.8M | -0.3% | $1.65T |
| NORTHERN TRUST CORPPassive | $4.2M | $17.32 | +$101K | −$238K | -0.2% | $755.34B |
| D. E. Shaw & Co., Inc. | $4.0M | $15.59 | +$375K | +$1.9M | -0.3% | $118.02B |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $3.9M | $16.74 | −$142K | −$52K | +0.7% | $645.81B |
| Creative Planning | $3.1M | $14.95 | −$131K | +$2.2M | -0.7% | $144.46B |
| VANGUARD FIDUCIARY TRUST COPassive | $3.1M | $17.51 | +$3.1M | +$3.1M | — | $395.83B |
| GOLDMAN SACHS GROUP INC | $3.0M | $16.85 | −$149K | +$712K | -0.2% | $760.93B |
| TWO SIGMA INVESTMENTS, LP | $2.5M | $15.06 | +$67K | +$1.8M | -0.9% | $117.03B |
| TUDOR INVESTMENT CORP ET AL | $1.9M | $16.96 | +$1.5M | +$1.9M | -0.3% | $17.85B |
| Bank of New York Mellon Corp | $1.9M | $18.21 | −$50K | −$91K | -0.2% | $543.21B |
| UBS Group AG | $1.8M | $16.30 | +$592K | +$560K | -0.3% | $562.11B |
| CITIGROUP INC | $1.8M | $16.09 | +$296K | +$1.3M | -0.3% | $156.55B |
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.
Trading behavior
Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
-0.36%
avg per quarter
Holders (ex-self)
-0.36%
excl. this stock
Buyers (this Q)
-1.48%
48 buyers · $0.07B in
Sellers (this Q)
-0.24%
45 sellers · $-0.00B out
alpha coverage: 81% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-9.7%
how holders react when this stock falls
On quiet Qs
-7.3%
−10% to +10% baseline
On rallies (+10%+)
-0.4%
how they react when this stock rises
Holders' portfolio flow this Q
-1.5%
outflows — trims may be forced
Sellers' portfolio flow this Q
+0.1%
Sellers' overall flow ~ flat.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-5.0%
Holder mid (any stock)
-7.4%
Holder rally (any stock)
-9.1%
Biggest decreases this quarter
MARSHALL WACE, LLPexited−$1.4MBlackRock, Inc.−$1.1Mα-0.2ARROWSTREET CAPITAL, LIMITED PARTNERSHIPexited−$1.0MLOS ANGELES CAPITAL MANAGEMENT & EQUITY RESEARCH INCexited−$910KPoint72 Asset Management, L.P.exited−$352KDynamic Technology Lab Private Ltdexited−$342KGEODE CAPITAL MANAGEMENT, LLC−$330Kα+2.3MILLENNIUM MANAGEMENT LLCexited−$322KBALYASNY ASSET MANAGEMENT LLCexited−$235KTWO SIGMA SECURITIES, LLCexited−$209K
New buyers this quarter
Top-5 holders · 56.8%
BlackRock, Inc.--
DIMENSIONAL FUND ADVISORS LP--
VANGUARD CAPITAL MANAGEMENT LLC--
VANGUARD PORTFOLIO MANAGEMENT LLC--
STATE STREET CORP--
Top Holders Over Time
5-year share-count history (top 10 holders by peak, incl. exited) + price
hover the chart for per-quarter detailprice (right axis)
T. Rowe Price Investment Management, Inc.—PRICE T ROWE ASSOCIATES INC /MD/19KRENAISSANCE TECHNOLOGIES LLC676KAncora Advisors LLC—Ursa Fund Management, LLC500KNORGES BANK—ARROWSTREET CAPITAL, LIMITED PARTNERSHIP—MILLENNIUM MANAGEMENT LLC—MORGAN STANLEY354KCHARLES SCHWAB INVESTMENT MANAGEMENT INC222K
Analyst Coverage
Analyst Coverage
Price Targets
Last Year (1 analysts)$17.00-1550.0%
Current Price$20.13
Analyst Ratings
2
Hold: 2Consensus: Hold
Corporate
Order Flow (FINRA, ~3w lag)
17.3%retail-2.3pp
15.6%dark+4.3pp
week of 2026-04-13
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.
Filing Risk Analysis
Filing Risk Scores
Columbia Financial, Inc.: Low-risk administrative compliance profile with standard institutional reporting structures.
Overall Risk
2/10
Fraud
1/10
Dilution
2/10
Insolvency
2/10
Earnings Overstated
2/10
Hidden Liabilities
1/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
2/10
Contextually Acceptable
10/10