Added to YB: 2026-07-21
Pitch date: 2026-07-17
CLBK [bullish]
Columbia Financial, Inc.
+9.15%
current return
Author Info
No bio for this author
Company Info
Columbia Financial, Inc. operates as a bank holding company for Columbia Bank that provides banking and other financial services to businesses and consumers in the United States.
Market Cap
$3.1B
Pitch Price
$10.72
Price Target
44.50 (+282%)
Dividend
1.72%
EV/EBITDA
N/A
P/E
44.41
EV/Sales
N/A
Sector
Banks
Category
special_situation
$CLBK look like highly asymmetric bet
CLBK: NJ community bank closing NFBK acquisition via second-step IPO. Pro forma ~$20bn assets, 1.1% ROA/10.5% ROE, pristine 0.1% NCOs, trades 0.9x TBV (GFC-level) vs peers 1.4-1.8x (+90% upside). Mispriced on complexity, stale pre-deal metrics, merger-arb anchoring, MHC minority discount gone post-IPO. Mgmt projects +50% EPS accretion, ~10x 2027 EPS; buybacks below TBV accretive if stock stalls.
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