m_and_aconfidence high
Columbia Financial starts conversion offering (up to 192.6M shares at $10); gets approvals for Northfield Bank buy
Columbia Financial, Inc.
- Offering of up to 192,625,000 shares of common stock at $10.00 per share.
- Minimum requirement of 142,375,000 shares to complete the conversion and offering.
- Conditional approvals from Federal Reserve and OCC for acquisition of Northfield Bancorp.
- Stock offering expected to commence on or about May 21, 2026.
- Offering prioritizes eligible depositors, borrowers, ESOP, then community and public.
item 8.01item 9.01
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