FeesSafety
Pluang+

Columbia Financial keeps Buy rating after strong Q3 and Northfield Bancorp deal.

Company Fundamentals
31 Oct 2026, 05:54 WIB
Seeking Alpha
View Source
Bullish
Columbia Financial keeps Buy rating after strong Q3 and Northfield Bancorp deal.

Columbia Financial maintains a Buy rating following its acquisition of Northfield Bancorp and a second-step conversion. The company's core Q3 2026 results showed significant improvement with a core ROA of 0.97%, NIM at 2.96%, and quarterly EPS rising 128.6% year-over-year. Columbia also initiated a $0.05 quarterly dividend and remains well-capitalized, trading at a price-to-TBV ratio of 1.0. Key risks include high exposure to commercial real estate and multifamily loans, along with a high adjusted price-to-earnings ratio. Future gains depend on meeting aggressive earnings targets and maintaining asset quality.

Columbia Financial's earnings expansion is highlighted by a 128.6% rise in quarterly EPS year-over-year. For readers following the Financials sector, here is Pluang's market snapshot as of Oct 31, 2026 08:21 WIB: out of 142 priced US Financial stocks, 32 rose and 110 fell. Notable movers include NWG at USD 15.46 with a -9.06% change and 100% buy order activity, FIGR at USD 21.58 with a -8.52% change and 100% buy order activity, and WULF at USD 11.73 with an -8.00% change and 95% sell order activity.

More News

Fundación Reintegra wins €100,000 F1® Allwyn Global Community Award to aid youth reintegration in Mexico

Fundación Reintegra wins €100,000 F1® Allwyn Global Community Award to aid youth reintegration in Mexico

Fundación Reintegra in Mexico received the F1® Allwyn Global Community Award and a €100,000 donation to support 80 justice-impacted youths in reintegrating into society and preventing recidivism. The organization has spent over 40 years helping at-ri...

Others
Neutral
3 hours ago
Fundación Reintegra wins €100,000 F1® Allwyn Global Community Award to support youth reintegration in Mexico

Fundación Reintegra wins €100,000 F1® Allwyn Global Community Award to support youth reintegration in Mexico

Fundación Reintegra received the F1® Allwyn Global Community Award during the 2026 Mexico City Grand Prix, earning €100,000 to aid 80 justice-impacted youth in Mexico. The organization, with over 40 years of experience, focuses on violence prevention...

Others
Neutral
3 hours ago
Bonterra Energy raises 2026 production guidance by 400 BOEPD after strong Charlie Lake results

Bonterra Energy raises 2026 production guidance by 400 BOEPD after strong Charlie Lake results

Bonterra Energy has increased its 2026 production guidance by 400 barrels of oil equivalent per day (BOEPD) due to strong results from its Bonanza Charlie Lake development and an increase in its working interest from 90% to 100%. The company also add...

Market News
Bullish
4 hours ago
Manitowoc shares rise 48.5% since June; strong Q2 boosts 2026 outlook with 18-32% upside potential

Manitowoc shares rise 48.5% since June; strong Q2 boosts 2026 outlook with 18-32% upside potential

The Manitowoc Company shares have rallied 48.5% since late June, driven by strong Q2 results including a 10.3% revenue increase, nearly doubled EBITDA, and a 44% backlog growth to $1.05 billion. Management raised its 2026 guidance, expecting $2.3–$2....

Company Fundamentals
Bullish
4 hours ago
Bitcoin's white paper turns 18, highlighting its shift from peer-to-peer payments to major institutional asset.

Bitcoin's white paper turns 18, highlighting its shift from peer-to-peer payments to major institutional asset.

Bitcoin's white paper, published on October 31, 2008, marks its 18th anniversary, showcasing the evolution from a peer-to-peer electronic payment system designed to bypass banks to a widely adopted financial asset. Today, Bitcoin is integrated into m...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App