BRIEF-Columbia Financial And Northfield Bancorp Announce Plans To Merge

Northfield Bancorp, Inc.
Columbia Financial, Inc.

Northfield Bancorp, Inc.

NFBK

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Columbia Financial, Inc.

CLBK

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Feb 2 (Reuters) - Columbia Financial Inc CLBK.O:

  • COLUMBIA FINANCIAL, INC. AND NORTHFIELD BANCORP, INC. ANNOUNCE PLANS TO MERGE

  • COLUMBIA FINANCIAL: TRANSACTION VALUED AT APPROXIMATELY $597 MILLION

  • COLUMBIA FINANCIAL: TRANSACTION VALUED AT APPROXIMATELY $597 MILLION

  • COLUMBIA FINANCIAL: MERGER WITH NORTHFIELD WOULD BE 50% ACCRETIVE TO COLUMBIA'S 2027 EARNINGS PER SHARE

  • COLUMBIA FINANCIAL: THOMAS J. KEMLY WILL CONTINUE TO SERVE AS PRESIDENT AND CHIEF EXECUTIVE OFFICER OF HOLDING COMPANY AND BANK

  • COLUMBIA FINANCIAL: THOMAS F. SPLAINE JR. WILL CONTINUE TO SERVE AS EXECUTIVE VICE PRESIDENT & CFO OF HOLDING COMPANY & COLUMBIA BANK

Source text: ID:nGNX48lt68

Further company coverage: CLBK.O


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