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0 0 0 0 0.000592768227623092 0.000592768227623092 0.00444576170717245 0.00533491404860699
Stock impact report

Why Columbia Financial (CLBK) Stock Is Up Today [Yahoo! Finance]

Columbia Financial, Inc. (CLBK) 
Last columbia financial, inc. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Shares of community banking company Columbia Financial (NASDAQ:CLBK) jumped 3.8% in the afternoon session after the broader savings and loan industry gained from an improved lending environment supported by a recent rate cut from the Federal Reserve. The central bank's move, along with signals of further easing, was expected to help stabilize funding costs for financial institutions. For banks like Columbia, lower rates can help boost the income they earn from making loans. The positive outlook for the sector came as the company had also previously reported strong financial results. In the third quarter, Columbia Financial's revenues had increased by 29.4% compared to the previous year, surpassing analysts' expectations. Show less Read more
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