Columbia Financial, Inc. - Common Stock (CLBK)

Competitors to Columbia Financial, Inc. - Common Stock (CLBK)

First Bank 

First Bank competes with Columbia Financial mainly in New Jersey, focusing on providing a personalized banking experience with an emphasis on community engagement. Both banks target similar demographics of small businesses and individual customers. While First Bank may have a stronger emphasis on local engagement, Columbia Financial's strategic growth initiatives and diversified revenue streams present a robust challenge to First Bank's market position, thereby maintaining a level playing field.

Investar Holding Corporation 

Investar Holding competes with Columbia Financial through its operations as a community bank servicing Louisiana and neighboring states, providing similar products including loans, deposits, and wealth management. Investar has focused heavily on community relationships and small business lending, which could appeal to similar target markets. However, Columbia Financial's established footprint in the Mid-Atlantic region, combined with strong asset management capabilities, positions it favorably against Investar.

OceanFirst Financial Corp 

OceanFirst Financial Corp competes with Columbia Financial primarily in the New Jersey and Pennsylvania markets by providing a range of banking services, including personal and commercial lending. Both companies emphasize customer service and community involvement, but OceanFirst has a larger branch network and a more diversified portfolio of financial products. In recent years, OceanFirst has also leveraged technology to improve its online banking offerings, which may provide them with a competitive edge in attracting tech-savvy customers.

Provident Financial Services, Inc.

Provident Financial Services operates within a similar geographic range as Columbia Financial, competing for the same customer base with its range of retail banking services. Providence has invested in technology to improve its digital banking capabilities, which aligns with current customer preferences for online accessibility. However, Columbia Financial has demonstrated growth in its asset base and has a strong position in the market, giving it a competitive edge in terms of financial stability and product offerings.

S&T Bancorp, Inc. 

S&T Bancorp competes with Columbia Financial by offering banking and financial services primarily in Pennsylvania and parts of Ohio and West Virginia. Both institutions focus on providing loans, deposit accounts, and wealth management services. However, S&T Bancorp's long-standing reputation and established customer base in its regional markets give it a slight edge in brand recognition and trust among customers, particularly in its core markets, making it a strong competitor.