Soho House Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Soho House & Co Inc. - SHCOFeb 4, 2026 3:51 PM Eastern Standard Time# Soho House Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Soho House & Co Inc. - SHCOShare---NEW YORK & NEW ORLEANS--([BUSINESS WIRE])--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of [Kahn Swick & Foti], LLC ("KSF†) are investigating t ...

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn If you would like to discuss your legal rights regarding the proposed transaction, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-nfbk/ to learn more. NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick ...

Investors were cheered not only by solid quarterly results but also by the company's upcoming asset buy.Monday was quite the eventful day for bank holding company Columbia Financial (CLBK +8.91%). It published its latest set of fundamentals and announced the acquisition of a peer. Investors clearly considered both developments to be positive, as they traded Columbia's stock up by nearly 9% that trading session.A memorable MondayThe first of those two was the acquisition announcement. Columbia divulged that ...

Core Viewpoint - Columbia Financial, Inc. reported strong financial results for Q4 and the year ended December 31, 2025, with earnings per share (EPS) of $0.152 and revenue of approximately $68.8 million, both exceeding estimates [1][6]. Financial Performance - The EPS of $0.152 represents an improvement from the previous year's $0.11 per share, achieving an earnings surprise of 3.45% for the quarter [2]. - Revenue for the quarter was $68.78 million, a significant increase from $57.31 million in the same quarter the previous year, exceeding the Zacks Consensus Estimate by 1.37% [3]. - The company's net income for the quarter was $15.7 million, a turnaround from a net loss of $21.2 million in the same quarter of the previous year, driven by higher net interest income and reduced credit loss provisions [4]. Valuation Metrics - Columbia Financial's financial metrics indicate a high valuation, with a price-to-earnings (P/E) ratio of approximately 270.60 and a price-to-sales ratio of about 3.97 [5]. - The enterprise value to sales ratio is around 6.13, and the enterprise value to operating cash flow ratio is approximately 39.25, indicating a high valuation relative to sales and cash flow [5]. - The company's debt-to-equity ratio is approximately 1.11, suggesting a moderate level of debt compared to its equity, while the current ratio is around 0.13, indicating potential liquidity challenges [5].

SHAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Columbia Financial, Inc. (NASDAQ: CLBK) [Accessibility Statement] Skip NavigationNEW YORK, Feb. 2, 2026 /PRNewswire/ -- Class Action Attorney [Juan Monteverde] with [Monteverde & Associates PC](the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York Cit ...

Kemly said the combined organization would become the third-largest regional bank headquartered in New Jersey, with pro forma total assets of about $18 billion and more than 100 branches across 14 New Jersey counties, plus Brooklyn and Staten Island. He also said the company expects to hold the No. 1 deposit share for community banks in the Brooklyn and Staten Island market.Kemly said the deal is valued at about $597 million, or 0.86x Northfield’s tangible book value. Consideration will be paid in stock or ...

Columbia Financial and Northfield Merger Conference Call Summary Company and Industry Overview - **Company**: Columbia Financial (NasdaqGS:CLBK) and Northfield Bank - **Industry**: Regional Banking in New Jersey and New York Key Points and Arguments Merger Announcement - Columbia and Northfield have entered into a merger agreement valued at approximately **$597 million** [2] - The merger will create the **third-largest regional bank** headquartered in New Jersey with pro forma total assets of approximately **$18 billion** and over **100 branches** [2][3] Financial Metrics - The merger is valued at **0.86 times Northfield's tangible book value** [3] - Anticipated **50% earnings accretion** in 2027, with a tangible book value dilution of **4.4%** and an earnback on tangible book value of **1.8 years** [3] - Pro forma earnings projected at approximately **1.06% return on average assets** and **$200 million** in earnings, which is **51% accretive** to 2027 earnings per share [7] Strategic Benefits - The merger will enhance Columbia's position in the New Jersey/New York metro area, adding **$1.8 billion** in deposits and expanding its footprint [6] - The transaction is expected to improve operating performance, balance sheet, and strategic position, accelerating the bank's business strategy [5] - The combined organization will have a **loan-to-deposit ratio of approximately 96%** and **core deposits of 71%** [7] Market Expansion - The merger allows Columbia to enter new markets, particularly in **Staten Island and Brooklyn**, with a combined deposit base of approximately **$89.5 billion** [8] - Northfield's established market presence will facilitate expansion in commercial and small business lending, enhancing cash management and tenant security capabilities [9] Risk Management - The transaction is considered low-risk due to Northfield's conservative credit culture and experienced management team [6] - The combined entity will maintain a **CRE concentration ratio well under 300%** and be highly capitalized compared to regulatory requirements [11] Management and Governance - Thomas Kemly will continue as President and CEO of the combined organization, with Dennis Gibney as Chief Banking Officer and Steven Klein as Chief Operating Officer [4] - The resulting board will consist of **13 directors**, with **9 from Columbia** and **4 from Northfield** [4] Future Growth and Strategy - The focus will be on integrating Northfield and optimizing performance, with bank M&A de-emphasized for the next **18 months** [17] - Plans to grow the **C&I portfolio** at an accelerated pace while maintaining growth in other asset categories [27] Due Diligence and Portfolio Quality - Comprehensive due diligence was conducted, reviewing **624 commercial loan files**, with a focus on maintaining a high-quality loan portfolio [18] - Northfield's rent-regulated multifamily loans are conservatively underwritten, with an average loan size of **$1.7 million** and a debt service coverage ratio of **1.6 times** [18] Additional Important Information - The merger consideration per Northfield share will range from **$14.25 to $14.65**, representing a **15% premium** over Northfield's recent closing price [4][10] - The transaction is expected to leverage capital from Columbia's second step offering to drive improved financial performance and better position the company for future growth [21] This summary encapsulates the key points from the conference call regarding the merger between Columbia Financial and Northfield Bank, highlighting the strategic, financial, and operational implications of the transaction.

Core Insights - Columbia Financial (CLBK) reported quarterly earnings of $0.15 per share, matching the Zacks Consensus Estimate and showing an increase from $0.11 per share a year ago, resulting in an earnings surprise of +3.45% [1] - The company achieved revenues of $68.78 million for the quarter ended December 2025, exceeding the Zacks Consensus Estimate by 1.37% and up from $57.31 million year-over-year [2] Earnings Performance - Over the last four quarters, Columbia Financial has surpassed consensus EPS estimates three times [2] - The company delivered an earnings surprise of +15.38% in the previous quarter, where it was expected to post earnings of $0.13 per share but achieved $0.15 [1] Stock Performance - Columbia Financial shares have increased approximately 4.7% since the beginning of the year, outperforming the S&P 500's gain of 1.4% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.15 on revenues of $68.65 million, and for the current fiscal year, it is $0.64 on revenues of $285.85 million [7] - The estimate revisions trend for Columbia Financial was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Financial - Miscellaneous Services industry, to which Columbia Financial belongs, is currently ranked in the top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8]

Columbia Financial, Inc. to Convert to Fully Public Company and Partner with Northfield Bancorp, Inc. Unlocking Shareholder Value in Conjunction With Our Second Step Conversion & Stock Offering February 2, 2026 R: 220 G: 220 B: 220 R: 244 G: 230 B: 200 R: 222 G: 222 B: 222 R: 185 G: 208 B: 255 R: 209 G: 159 B: 42 R: 116 G: 116 B: 116 R: 0 G: 0 B: 0 R: 166 G: 202 B: 236 R: 0 G: 17 B: 50 Font: Arial Font Color: 0, 0, 0 1 Disclaimer and Caution About Forward-Looking Statements Certain statements in this commun ...

NOTABLE ITEMS FOR THE QUARTER: NORTHFIELD BANCORP, INC. HAS AGREED TO MERGE WITH COLUMBIA FINANCIAL, INC. (NASDAQ: CLBK) SEE JOINT PRESS RELEASE FOR FURTHER DETAILS.CASH DIVIDEND OF $0.13 PER SHARE, PAYABLE FEBRUARY 25, 2026, TO STOCKHOLDERS OF RECORD AS OF FEBRUARY 12, 2026.$41.0 GOODWILL IMPAIRMENT CHARGE RECORDED RESULTING IN A NET LOSS FOR THE FOURTH QUARTER OF 2025 OF $27.4 MILLION, OR  $0.69 PER SHARE, COMPARED TO NET INCOME OF $10.8 MILLION, OR $0.27 PER DILUTED SHARE, FOR THE TRAILING QUARTER, AND N ...