Columbia Financial, Inc

NASDAQ:CLBK  
18.04
+0.06 (+0.33%)
Other Pre-Announcement, Mergers / Acquisitions

Columbia Financial, Inc. To Acquire Freehold Bank

Published: 06/17/2021 20:59 GMT
Columbia Financial, Inc (CLBK) - Columbia Financial, Inc. to Acquire Freehold Bank.
Columbia Financial Inc - on a Pro Forma Basis, Transaction Expected to Be Accretive to Columbia's 2022 Net Income.
Columbia Financial Inc - on a Pro Forma Basis, Transaction Expected to Be Slightly Dilutive to 2022 Earnings per Share by Approximately 2%.
Columbia Financial Inc - Transaction is Projected to Be Approximately 3% Accretive to Fully Converted Tangible Book Value.
Columbia Financial - at Merger, Freehold Bank Will Convert to Federal Savings Bank & Operate As a Wholly-owned Subsidiary of Co.
Columbia Financial Inc - Columbia Has Offered Full Employment to All Freehold Employees With Freehold Bank.