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Columbia Financial , Inc. (NASDAQ:CLBK) stock has reached a 52-week low, touching down at $13.78 USD, significantly below its 52-week high of $19.28. This latest price point marks a significant drop for the company, which has seen its shares decline by 10.82% over the past year, with a notably low beta of 0.16 indicating reduced volatility compared to the broader market. According to InvestingPro analysis, the stock appears fairly valued at current levels. Investors are closely monitoring the regional bank’s performance, as the current valuation reflects a challenging period for the financial sector, influenced by economic headwinds and competitive pressures. While the company faced profitability challenges in recent quarters, InvestingPro data reveals analysts expect a return to profitability this year, with an EPS forecast of $0.41. The 52-week low serves as a critical indicator for market watchers and shareholders who are assessing the company’s resilience and potential for recovery in a fluctuating economic landscape. InvestingPro subscribers have access to 5 additional key insights about CLBK’s financial outlook.
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