Latest Ratios: P/E Ratio 42.1x · EV/EBITDA 44.7x · ROE 4.6%. (2016–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $2.2B | $1.6B | $1.6B | $2.0B | $2.3B | $2.2B | $1.7B | $1.9B | $1.7B | — | — |
| Enterprise Value | $3.1B | $2.4B | $2.4B | $3.1B | $3.2B | $2.5B | $2.1B | $3.2B | $2.9B | — | — |
| P/E Ratio → | 42.09 | 30.47 | — | 55.09 | 26.69 | 23.70 | 29.92 | 34.57 | 76.45 | — | — |
| P/S Ratio | 4.40 | 3.11 | 3.55 | 4.70 | 6.75 | 7.03 | 5.24 | 6.44 | 6.90 | — | — |
| P/B Ratio | 1.88 | 1.36 | 1.49 | 1.91 | 2.18 | 2.01 | 1.69 | 1.92 | 1.75 | — | — |
| P/FCF | 38.14 | 26.91 | 62.23 | 59.97 | 17.01 | 23.31 | 38.45 | 758.89 | 39.32 | — | — |
| P/OCF | 32.66 | 23.04 | 48.32 | 48.72 | 16.15 | 22.01 | 34.82 | 86.24 | 30.10 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.77 | 5.30 | 7.31 | 9.54 | 8.02 | 6.39 | 11.00 | 11.55 | — | — |
| EV / EBITDA | 44.67 | 35.13 | — | 51.21 | 24.91 | 17.99 | 24.06 | 42.24 | 76.19 | — | — |
| EV / EBIT | 51.14 | 40.21 | — | 67.08 | 27.75 | 19.65 | 27.33 | 45.21 | 84.68 | — | — |
| EV / FCF | — | 41.31 | 92.81 | 93.38 | 24.04 | 26.60 | 46.92 | 1295.78 | 65.79 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.3% | 50.3% | 36.5% | 54.1% | 85.8% | 91.2% | 71.9% | 68.4% | 72.5% | 74.9% | 76.5% |
| Operating Margin | 11.9% | 11.9% | -3.5% | 10.9% | 34.4% | 40.8% | 23.4% | 24.3% | 13.6% | 23.4% | 26.5% |
| Net Profit Margin | 10.2% | 10.2% | -2.6% | 8.5% | 25.3% | 29.8% | 17.7% | 18.7% | 9.2% | 15.5% | 17.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.6% | 4.6% | -1.1% | 3.4% | 8.1% | 8.8% | 5.8% | 5.6% | 3.1% | 6.8% | 7.5% |
| ROA | 0.5% | 0.5% | -0.1% | 0.3% | 0.9% | 1.0% | 0.7% | 0.7% | 0.4% | 0.6% | 0.7% |
| ROIC | 2.0% | 2.0% | -0.5% | 1.5% | 4.8% | 5.8% | 2.7% | 2.3% | 1.4% | 2.8% | 3.3% |
| ROCE | 1.4% | 1.4% | -0.6% | 1.8% | 6.3% | 7.6% | 3.7% | 3.3% | 2.0% | 4.0% | 5.1% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.02 | 1.02 | 1.00 | 1.47 | 1.07 | 0.35 | 0.79 | 1.43 | 1.22 | 1.97 | 1.55 |
| Debt / EBITDA | 17.19 | 17.19 | — | 25.34 | 8.65 | 2.74 | 9.23 | 18.50 | 31.79 | 18.38 | 12.86 |
| Net Debt / Equity | — | 0.73 | 0.73 | 1.06 | 0.90 | 0.28 | 0.37 | 1.36 | 1.18 | 1.83 | 1.45 |
| Net Debt / EBITDA | 12.24 | 12.24 | — | 18.33 | 7.28 | 2.22 | 4.35 | 17.50 | 30.66 | 17.08 | 12.00 |
| Debt / FCF | — | 14.39 | 30.58 | 33.42 | 7.02 | 3.29 | 8.47 | 536.89 | 26.48 | 29.26 | 11.50 |
| Interest Coverage | 0.26 | 0.26 | -0.06 | 0.24 | 2.72 | 3.41 | 1.03 | 0.81 | 0.55 | 1.07 | 1.14 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.08 | 0.08 | 0.14 | 0.20 | 0.19 | 0.23 | 0.25 | 0.20 | 0.23 | 0.18 | 0.20 |
| Quick Ratio | 0.08 | 0.08 | 0.14 | 0.20 | 0.19 | 0.23 | 0.25 | 0.20 | 0.23 | 0.18 | 0.20 |
| Cash Ratio | 0.07 | 0.07 | 0.04 | 0.05 | 0.02 | 0.01 | 0.06 | 0.01 | 0.01 | 0.01 | 0.01 |
| Asset Turnover | — | 0.05 | 0.04 | 0.04 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.03 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.4% | 3.3% | — | 1.8% | 3.7% | 4.2% | 3.3% | 2.9% | 1.3% | — | — |
| FCF Yield | 2.6% | 3.7% | 1.6% | 1.7% | 5.9% | 4.3% | 2.6% | 0.1% | 2.5% | — | — |
| Buyback Yield | 0.6% | 0.9% | 0.4% | 4.1% | 4.3% | 5.0% | 6.3% | 3.0% | 0.0% | — | — |
| Total Shareholder Yield | 0.6% | 0.9% | 0.4% | 4.1% | 4.3% | 5.0% | 6.3% | 3.0% | 0.0% | — | — |
| Shares Outstanding | — | $101M | $102M | $103M | $106M | $104M | $110M | $111M | $111M | $116M | $116M |
CRE concentration and liquidity
According to current market data, CLBK trades at a P/B of 1.82, which significantly exceeds the multiples of regional peers like OCFC and KRNY, suggesting that the market may be pricing in a potential second-step conversion premium rather than current fundamental earnings power.
The elevated P/B ratio relative to peers indicates that investors are likely valuing the bank based on the optionality of a future full public conversion. This valuation appears disconnected from the bank's current low ROE, implying that the market is willing to pay a premium for the structural control inherent in the Mutual Holding Company model.
Based on the provided quarterly data, the bank's ROE has remained consistently low, hovering near 1.1% in 2026Q1, which reflects a combination of compressed net interest margins and a conservative leverage profile that limits the bank's ability to generate meaningful returns on equity.
The decomposition of profitability suggests that the bank's reliance on interest income, coupled with a low asset utilization rate, is currently constraining bottom-line performance. Investors should monitor whether the integration of recent acquisitions can improve operating leverage, as the current ROE levels appear insufficient to justify the bank's valuation premium.
As reported in recent financial statements, the net interest margin has stagnated at 0.5% as of 2026Q1, indicating that the bank's funding costs are effectively neutralizing the yield benefits from its loan portfolio, a trend that warrants further investigation by institutional observers.
The efficiency ratio of 35.9% suggests that management has maintained disciplined control over overhead costs despite the recent expansion. However, the persistent margin pressure implies that the bank's core spread is highly sensitive to deposit competition in the New Jersey market, which may limit future earnings growth.
Based on the bank's reported figures, the equity-to-assets ratio of 0.11 as of 2026Q1 underscores a fortress-like capital position that is characteristic of the bank's Mutual Holding Company structure, which prioritizes long-term balance sheet preservation over immediate capital returns to public shareholders.
This capital adequacy level provides a significant buffer against potential credit volatility in the bank's CRE-heavy loan book. While this conservative stance limits short-term ROE, it appears to provide the necessary stability to navigate regional economic downturns without requiring external capital raises.
The P/E ratio of 40.90 is frequently misapplied to CLBK, as it fails to account for the volatility in loan loss provisions and the unique capital structure of a Mutual Holding Company, which can significantly distort earnings-based valuation metrics for regional banks.
Investors should prioritize P/TBV over P/E when evaluating this bank, as the latter is highly sensitive to accounting adjustments and non-recurring items that do not reflect the bank's underlying franchise value. Relying on P/E may lead to an inaccurate assessment of the bank's true earnings power and its relative value compared to peers.
Includes 30+ ratios · 10 years · Updated daily
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Quick answers to the most common questions about buying CLBK stock.
Columbia Financial, Inc.'s current P/E ratio is 42.1x. The historical average is 39.6x. This places it at the 71th percentile of its historical range.
Columbia Financial, Inc.'s current EV/EBITDA is 44.7x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 38.8x.
Columbia Financial, Inc.'s return on equity (ROE) is 4.6%. The historical average is 5.3%.
Based on historical data, Columbia Financial, Inc. is trading at a P/E of 42.1x. This is at the 71th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Columbia Financial, Inc. has 50.3% gross margin and 11.9% operating margin. Operating margin between 10-20% is typical for established companies.
Columbia Financial, Inc.'s Debt/EBITDA ratio is 17.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.