Columbia Financial to Buy Northfield Bancorp for $597 Million

Dow Jones

Feb 02

By Colin Kellaher

Columbia Financial has struck a deal to buy fellow New Jersey bank holding company Northfield Bancorp for about $597 million in cash and stock.

Columbia, based in Fair Lawn, on Monday said the acquisition of Woodbridge-based Northfield will create the third-largest regional bank headquartered in New Jersey, with total assets of roughly $18 billion.

Columbia said it will issue between 1.425 shares and 1.465 shares, or between $14.25 and $14.65 in cash, for each share of Northfield, with the final consideration to be based on an independent appraisal of the combined company following a planned conversion and reorganization of Columbia and its majority owner, Columbia Bank MHC into a fully public stock holding company.

The deal is slated to close early in the third quarter.

Trading in shares of Northfield, which closed Friday at $12.32, was halted premarket on Monday.

Write to Colin Kellaher at colin.kellaher@wsj.com

(END) Dow Jones Newswires

February 02, 2026 08:09 ET (13:09 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

LOGIN / SIGN UP

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2608786194"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2608786194\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2608786194?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-02-02 21:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2608786194","market":"us","top_or_hot":-1,"title":"Columbia Financial to Buy Northfield Bancorp for $597 Million","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Colin Kellaher \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Columbia Financial has struck a deal to buy fellow <a href=\"https://laohu8.com/S/NJR\">New Jersey</a> bank holding company <a href=\"https://laohu8.com/S/NFBK\">Northfield Bancorp</a> for about $597 million in cash and stock. \n</p>\n<p>\n  Columbia, based in Fair Lawn, on Monday said the acquisition of Woodbridge-based Northfield will create the third-largest regional bank headquartered in New Jersey, with total assets of roughly $18 billion. \n</p>\n<p>\n  Columbia said it will issue between 1.425 shares and 1.465 shares, or between $14.25 and $14.65 in cash, for each share of Northfield, with the final consideration to be based on an independent appraisal of the combined company following a planned conversion and reorganization of Columbia and its majority owner, Columbia Bank MHC into a fully public stock holding company. \n</p>\n<p>\n  The deal is slated to close early in the third quarter. \n</p>\n<p>\n  Trading in shares of Northfield, which closed Friday at $12.32, was halted premarket on Monday. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 02, 2026 08:09 ET (13:09 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Columbia Financial to Buy Northfield Bancorp for $597 Million</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nColumbia Financial to Buy Northfield Bancorp for $597 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-02-02 21:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Colin Kellaher \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Columbia Financial has struck a deal to buy fellow <a href=\"https://laohu8.com/S/NJR\">New Jersey</a> bank holding company <a href=\"https://laohu8.com/S/NFBK\">Northfield Bancorp</a> for about $597 million in cash and stock. \n</p>\n<p>\n  Columbia, based in Fair Lawn, on Monday said the acquisition of Woodbridge-based Northfield will create the third-largest regional bank headquartered in New Jersey, with total assets of roughly $18 billion. \n</p>\n<p>\n  Columbia said it will issue between 1.425 shares and 1.465 shares, or between $14.25 and $14.65 in cash, for each share of Northfield, with the final consideration to be based on an independent appraisal of the combined company following a planned conversion and reorganization of Columbia and its majority owner, Columbia Bank MHC into a fully public stock holding company. \n</p>\n<p>\n  The deal is slated to close early in the third quarter. \n</p>\n<p>\n  Trading in shares of Northfield, which closed Friday at $12.32, was halted premarket on Monday. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 02, 2026 08:09 ET (13:09 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4211","symbol_name":"区域性银行","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2608786194","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2608786194","pubTimestamp":1770037740,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Columbia Financial has struck a deal to buy fellow New Jersey bank holding company Northfield Bancorp for about $597 million in cash and stock.Columbia, based in Fair Lawn, on Monday said the acquisition of Woodbridge-based Northfield will create the third-largest regional bank headquartered in New Jersey, with total assets of roughly $18 billion.Columbia said it will issue between 1.425 shares and 1.465 shares, or between $14.25 and $14.65 in cash, for each share of Northfield, with the final consideration to be based on an independent appraisal of the combined company following a planned conversion and reorganization of Columbia and its majority owner, Columbia Bank MHC into a fully public stock holding company.The deal is slated to close early in the third quarter.Trading in shares of Northfield, which closed Friday at $12.32, was halted premarket on Monday.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4211":"区域性银行","BK4195":"互助储蓄与抵押信贷金融服务","CLBK":"Columbia Financial, Inc.","NFBK":"Northfield Bancorp"},"translate_title":"哥伦比亚金融公司将以5.97亿美元收购Northfield Bancorp","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLBK":0.9,"NFBK":1.5},"content_text":"By Colin Kellaher \n\n\n \n\n\n  Columbia Financial has struck a deal to buy fellow New Jersey bank holding company Northfield Bancorp for about $597 million in cash and stock. \n\n\n  Columbia, based in Fair Lawn, on Monday said the acquisition of Woodbridge-based Northfield will create the third-largest regional bank headquartered in New Jersey, with total assets of roughly $18 billion. \n\n\n  Columbia said it will issue between 1.425 shares and 1.465 shares, or between $14.25 and $14.65 in cash, for each share of Northfield, with the final consideration to be based on an independent appraisal of the combined company following a planned conversion and reorganization of Columbia and its majority owner, Columbia Bank MHC into a fully public stock holding company. \n\n\n  The deal is slated to close early in the third quarter. \n\n\n  Trading in shares of Northfield, which closed Friday at $12.32, was halted premarket on Monday. \n\n\n \n\n\n  Write to Colin Kellaher at colin.kellaher@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 02, 2026 08:09 ET (13:09 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}