Columbia Financial (Columbia Financial) Price-to-Tangible-Book : 1.93 (As of Apr. 24, 2024)

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Columbia Financial Price-to-Tangible-Book Definition

As of today (2024-04-24), Columbia Financial's share price is $16.91. Columbia Financial's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.74. Hence, Columbia Financial's Price to Tangible Book Ratio of today is 1.93.

The historical rank and industry rank for Columbia Financial's Price-to-Tangible-Book or its related term are showing as below:

CLBK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.83 Med: 2.16 Max: 2.54
Current: 1.93

During the past 8 years, Columbia Financial's highest Price to Tangible Book Ratio was 2.54. The lowest was 1.83. And the median was 2.16.

CLBK's Price-to-Tangible-Book is ranked worse than
87.49% of 1439 companies
in the Banks industry
Industry Median: 0.93 vs CLBK: 1.93

A closely related ratio is called PB Ratio. As of today, Columbia Financial's share price is $16.91. Columbia Financial's Book Value per Sharefor the quarter that ended in Dec. 2023 was $9.92. Hence, Columbia Financial's P/B Ratio of today is 1.71.

Columbia Financial Price-to-Tangible-Book Historical Data

The historical data trend for Columbia Financial's Price-to-Tangible-Book can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Columbia Financial Price-to-Tangible-Book Chart

Columbia Financial Annual Data

Trend

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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2.11

1.87

2.27

2.54

2.21

Columbia Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															2.54	2.13	2.03	1.87	2.21

Competitive Comparison of Columbia Financial's Price-to-Tangible-Book

For the Banks - Regional subindustry, Columbia Financial's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Columbia Financial Price-to-Tangible-Book Distribution

For the Banks industry and Financial Services sector, Columbia Financial's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Columbia Financial's Price-to-Tangible-Book falls into.

Columbia Financial Price-to-Tangible-Book Calculation

Columbia Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	16.91	/	8.74
	=	1.93

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Columbia Financial Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Columbia Financial's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Columbia Financial (Columbia Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Columbia Financial Inc (NAS:CLBK) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

19-01 Route 208 North, Fair Lawn, NJ, USA, 07410

Website

https://www.columbiabankonline.com

Columbia Financial Inc is a federally chartered saving bank that serves the financial needs of depositors and the local community as a community-minded, customer service-focused institution. It offers traditional financial services to businesses and consumers. It attracts deposits from the general public and uses those funds to originate a variety of loans, including multifamily and commercial real estate loans, commercial business loans, one-to-four family real estate loans, construction loans, home equity loans and advances, and other consumer loans, and also offers a broad range of insurance products, investment solutions, and wealth management services.

Executives

John Klimowich	officer: EVP & Chief Risk Officer	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Dennis E. Gibney	officer: EVP & Chief Financial Officer	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Thomas J. Kemly	director, officer: President & CEO	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Mayra Liseth Rinaldi	officer: EVP, Corp Governance & Culture	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Elizabeth E. Randall	director	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Michael Jr. Massood	director	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Manesh Balachandran Prabhu	officer: EVP & CIO	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Matthew William Rickert	officer: EVP & Chief Credit Officer	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Jenifer White Walden	officer: EVP & CHRO	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Dyk Robert Van	director	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Allyson Katz Schlesinger	officer: EVP & Head of Consumer Banking	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Ostenbridge Paul Van	director	313 LONGBOW DRIVE, FRANKLIN LAKES NJ 07417
William Justin Jennings	officer: EVP, Operations Officer	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Daria Stacy-walls Torres	director	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410
Lewis Oliver Edward Jr	officer: EVP & Head Commercial Banking	C/O COLUMBIA FINANCIAL, INC., 19-01 ROUTE 208 NORTH, FAIR LAWN NJ 07410