Tuesday, July 21, 2026

Banking & Financial Services

1 article

Columbia Financial Raises $1.67 Billion in IPO, One Day After Closing Northfield Bancorp Deal

Columbia Financial Raises $1.67 Billion in IPO, One Day After Closing Northfield Bancorp Deal

Columbia Financial priced a $1.67 billion second-step conversion IPO at $10.00 a share, converting Columbia Bank MHC into a public company ahead of its July 21, 2026 Nasdaq debut. The offering closed one day after Columbia Financial completed its acquisition of Northfield Bancorp, a sequencing rarely seen among mutual-to-stock conversions internationally.

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