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Columbia Financial and Northfield Bancorp send merger election materials with July 10 deadline for stockholders.

Company Fundamentals
11 Jun 2026
GlobeNewsWire
View Source
Neutral
pluang ai news

Columbia Financial, Inc. and Northfield Bancorp, Inc. have mailed election materials to Northfield stockholders allowing them to choose their preferred merger consideration: shares of Columbia Financial, cash, or a combination. The deadline to submit election forms is July 10, 2026. This follows their January 2026 merger agreement, which depends on approvals and Columbia's second-step conversion. The merger terms include variable stock or cash amounts based on Columbia's appraised value, with a cap of 30% cash consideration. The merger aims to combine the two banks under Columbia's holding company, pending regulatory and shareholder approvals.

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