Track market-moving stories before they get noisy

Across social media, influencers are hawking Chinese car brands like BYD, Xiaomi and Zeekr with luxury features, state-of-the-art tech and affordable prices. But they're forbidden fruit for inflation-weary Americans who can't have them just yet.

Xiaomi had a rough start to the year, posting another profit drop as the memory crunch, stiff competition and soft demand hurt its businesses, from smartphones to electric cars.

Xiaomi (XIACF, XIACY) is rated a buy, with a ~20x P/E offering improved margin of safety after a 30% stock decline. Despite an 11% top-line drop and margin pressure in Q1, XIACF's ecosystem and premium positioning strategies remain intact, supporting long-term growth. Smart EV and AI initiatives saw revenue growth, with the EV division poised for significant scale as Xiaomi targets 550k vehicle deliveries by 2026.

Xiaomi's MiMo AI team has open-sourced MiMo Code V0.1.0, a terminal-native AI coding assistant that the Chinese electronics giant says outperforms Anthropic's Claude Code on key agentic coding benchmarks, especially on long-horizon, multi-step tasks (200+ steps) — at least, according to its own internal beta release and survey of 576 developers. It's also bundling limited-time free access to MiMo-V2.5, its multimodal flagship model with a million-token context window, requiring no registration to get started.

Columbia Financial (CLBK - Free Report) came out with quarterly earnings of $0.15 per share, missing the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of -3.23%. A quarter ago, it was expected that this company would post earnings of $0.15 per share when it actually produced earnings of $0.15, delivering no surprise.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.

Columbia Financial, which belongs to the Zacks Financial - Miscellaneous Services industry, posted revenues of $67.14 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 4.23%. This compares to year-ago revenues of $58.8 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Columbia Financial shares have added about 19.4% since the beginning of the year versus the S&P 500's gain of 4.1%.

What's Next for Columbia Financial?While Columbia Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Columbia Financial was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.17 on $71.9 million in revenues for the coming quarter and $0.76 on $411.1 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial - Miscellaneous Services is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Brookfield Asset Management (BAM - Free Report) , another stock in the same industry, has yet to report results for the quarter ended March 2026. The results are expected to be released on May 8.

This investment manager is expected to post quarterly earnings of $0.43 per share in its upcoming report, which represents a year-over-year change of +7.5%. The consensus EPS estimate for the quarter has been revised 2.8% lower over the last 30 days to the current level.

Brookfield Asset Management's revenues are expected to be $1.48 billion, up 14% from the year-ago quarter.

On April 28, 2026, Columbia Financial Inc CLBK shares rose 3.1% to a current price of $19.09. This increase comes amid a strong price performance, with CLBK showing a 52-week range of $13.32 to $19.33.

GF Value™ verdict: Current price of $19.09 is 0.3% above GF Value™ of $19.04.GF Score™: 62/100, indicating an above-average assessment.Most notable signal: No insider transactions in the last 3 months. Is CLBK Overvalued or Undervalued? According to the GF Value™ analysis, Columbia Financial Inc is currently trading at a price of $19.09, which is marginally overvalued by 0.3% compared to its GF Value™ estimate of $19.04. This suggests that while the stock is close to its intrinsic value, there is little margin of safety for investors. The GF Valuation label indicates that the stock is fairly valued, but with a slight risk of overvaluation at the current price level. GF Value™ is GuruFocus' proprietary measure of intrinsic value, calculated from historical trading multiples, past business growth, and future performance estimates.

Being slightly overvalued may pose a risk to potential investors, as any market corrections could result in a sharper decline in share price. However, the company has demonstrated strong price momentum over the past year, which could support the current valuation despite the overvaluation warning.

How Does CLBK's Valuation Compare to Its History? Metric Current Historical P/E (TTM) 34.7x 28.3x Forward P/E 25.3x N/A Columbia Financial Inc's current P/E (TTM) of 34.7x is significantly higher than its 5-year median P/E of 28.3x, indicating that the stock is trading above its historical valuation levels. Additionally, the forward P/E of 25.3x provides an outlook that is more favorable than the current P/E but still suggests a premium valuation relative to historical averages. This P/E analysis aligns with the GF Value™ verdict, confirming that CLBK is overvalued at its current price.

What Does CLBK's GF Score™ Tell Us? The GF Score™ ranks stocks based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. The overall GF Score™ for Columbia Financial Inc is 62/100, indicating an above-average stock. Below is a detailed breakdown of the individual metrics:

Metric Rating GF Score™ 62/100 Financial Strength 2/10 Profitability 4/10 Growth 1/10 Valuation 9/10 Momentum 9/10 The scores indicate that while CLBK has a strong valuation and momentum rank, it struggles in financial strength and growth. This mix of strengths and weaknesses suggests that while there may be opportunities for short-term gains driven by momentum, long-term investors should be cautious due to the company's financial health and growth potential.

What Are Insiders Doing with CLBK Stock? In the last three months, there have been no insider transactions reported for Columbia Financial Inc. This lack of activity may suggest that insiders do not see a compelling reason to buy or sell shares at this time, which could imply a degree of uncertainty about the company's future performance or valuation.

What This Means for Investors Based on the analysis, Columbia Financial Inc is currently overvalued, with a modest margin above its GF Value™. While the stock has exhibited strong momentum recently, investors should exercise caution given the slight overvaluation and the company's financial strength and growth metrics. It would be prudent to consider these factors when making investment decisions.

For the complete analysis, visit the Columbia Financial Inc CLBK stock page. You can also explore the GF Value™ page for detailed valuation methodology, or use the GuruFocus Stock Screener to find similar opportunities.

Frequently Asked Questions What is CLBK's GF Score™?

The GF Score™ for Columbia Financial Inc is 62/100, indicating an above-average stock with potential for generating returns based on its current metrics.

Is CLBK overvalued or undervalued?

Columbia Financial Inc is currently overvalued, with a price of $19.09 compared to a GF Value™ estimate of $19.04.

What is CLBK's P/E ratio?

The current P/E (TTM) ratio for Columbia Financial Inc is 34.7x, which is significantly higher than its 5-year median P/E of 28.3x, indicating a premium valuation compared to its historical levels.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].

FAIR LAWN, N.J., May 11, 2026 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (“Columbia Financial”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank (the “Bank”), announced today that on or about May 21, 2026 Columbia Financial, Inc., a newly formed Maryland corporation and the proposed successor holding company of the Bank (“Columbia Financial, Inc.”), expects to commence its offering of common stock in connection with the proposed conversion of Columbia Bank MHC (the “MHC”) from the mutual holding company to the stock holding company form of organization.

Columbia Financial, Inc., Columbia Financial and the MHC have received all requisite regulatory approvals and authorizations to commence the offering. In addition, Columbia Financial, Inc. and Columbia Bank have received conditional approval of the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency to acquire Northfield Bancorp, Inc., Woodbridge, New Jersey (“Northfield”) and Northfield Bank immediately upon completion of the second-step conversion.

Columbia Financial, Inc. is offering for sale, on a best efforts basis, up to 192,625,000 shares of its common stock at a purchase price of $10.00 per share. The shares will be offered for sale in a subscription offering to eligible depositors and certain borrowers of the Bank and to the Bank’s employee stock ownership plan. Any shares of common stock not purchased in the subscription offering may be offered for sale to the general public in a community offering, with a preference first given to natural persons residing in Bergen, Burlington, Camden, Essex, Gloucester, Middlesex, Monmouth, Morris, Passaic, Somerset and Union Counties in New Jersey and then to existing stockholders of Columbia Financial (other than Columbia Bank MHC) and to the general public. Columbia Financial, Inc. will also offer shares of common stock not purchased in the subscription offering and community offering, if any, in a firm commitment underwritten offering.

All questions concerning the conversion and stock offering or requests for stock offering materials should be directed to the Stock Information Center at (844) 265-9680 (toll-free). The Stock Information Center will be open Monday through Friday between 10:00 a.m. and 4:00 p.m., Eastern time, beginning on May 22, 2026. The Stock Information Center will be closed on bank holidays.

        Columbia Financial, Inc. must sell at least 142,375,000 shares of its common stock in the offering in order to complete the conversion and offering. If Columbia Financial, Inc. does not receive orders for at least 142,375,000 shares of common stock in the offering, shares that Columbia Financial, Inc. issues to stockholders of Northfield in connection with the acquisition of Northfield can be counted to reach the minimum number of shares sold in the offering. Completion of the conversion and offering is also subject to the approvals of the stockholders of Columbia Financial and the members of the MHC, and the satisfaction of other customary closing conditions.

        Keefe Bruyette & Woods, Inc., A Stifel Company, is acting as marketing agent for the subscription and community offerings and the lead left book-running manager for any firm commitment underwritten offering conducted by Columbia Financial, Inc. in connection with the second-step conversion.

Kilpatrick Townsend & Stockton LLP is serving as legal counsel to Columbia Financial, Inc., Columbia Financial, the MHC and the Bank. Nutter McClennen & Fish LLP is serving as legal counsel to Keefe Bruyette & Woods, Inc.

About Columbia Financial, Inc.

Columbia Financial, Inc. is a Delaware corporation organized as Columbia Bank’s mid-tier stock holding company. Columbia Financial, Inc. is a majority-owned subsidiary of Columbia Bank MHC. Columbia Bank is a federally chartered savings bank headquartered in Fair Lawn, New Jersey that operates 70 full-service banking offices and offers traditional financial services to consumers and businesses in its market area. For more information about Columbia Bank, please visit www.columbiabankonline.com.

Disclaimer and Caution About Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, which statements involve inherent risks and uncertainties. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgment of Columbia Financial, Inc. and Columbia Financial and their respective management about future events. These statements are based upon the current beliefs and expectations of management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause such differences to exist include, but are not limited to, adverse conditions in the capital and debt markets and the impact of such conditions on Columbia Financial’s business activities; changes in interest rates, higher inflation and their impact on national and local economic conditions; changes in monetary and fiscal policies of the U.S. Treasury, the Board of Governors of the Federal Reserve System and other governmental entities; the impact of tariffs, sanctions and other trade policies of the United States and its global trading counterparts; the impact of changing political conditions or federal government shutdowns; the impact of legal, judicial and regulatory proceedings or investigations, competitive pressures from other financial institutions; the effects of general economic conditions on a national basis or in the local markets in which Columbia Financial operates, including changes that adversely affect a borrowers’ ability to service and repay loans; the effect of acts of terrorism, war or pandemics, including on our credit quality and business operations, as well as its impact on general economic and financial market conditions; changes in the value of securities in Columbia Financial’s portfolio; changes in loan default and charge-off rates; fluctuations in real estate values; the adequacy of credit loss reserves; decreases in deposit levels necessitating increased borrowing to fund loans and securities; legislative changes and changes in government regulation; changes in accounting standards and practices; the risk that goodwill and intangibles recorded in Columbia Financial’s consolidated financial statements will become impaired; cyber-attacks, computer viruses and other technological risks that may breach the security of our systems and allow unauthorized access to confidential information; the inability of third party service providers to perform; demand for loans in Columbia Financial’s market area; Columbia Financial’s ability to attract and maintain deposits and effectively manage liquidity; risks related to the implementation of acquisitions, dispositions, and restructurings; and the risk that Columbia Financial may not be successful in the implementation of its business strategy, or its integration of acquired financial institutions and businesses.

In addition, with respect to the previously announced second-step conversion and proposed merger with Northfield, such risks, uncertainties and assumptions, include, among others, the following: (i) the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement; (ii) the possibility that the proposed transaction does not close when expected or at all because the approval by Columbia Financial’s and/or Northfield’s stockholders, or other approvals and the other conditions to closing, are not received or satisfied on a timely basis or at all; (iii) the outcome of any legal proceedings that may be instituted against the parties; (iv) the possibility that the anticipated benefits of the proposed transaction, including anticipated cost savings and strategic gains, are not realized when expected or at all, including as a result of changes in, or problems arising from, general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Columbia Financial and Northfield operate; (v) the possibility that the integration of the two companies may be more difficult, time-consuming or costly than expected; (vi) our ability to successfully complete the second-step conversion; (vi) the possibility that the final independent appraisal of Columbia Financial, Inc. will differ from the preliminary independent appraisal of Columbia Financial, Inc.; (viii) the impact of purchase accounting with respect to the proposed transaction, or any change in the assumptions used regarding the assets acquired and liabilities assumed to determine their fair value and credit marks; (ix) the possibility that the proposed transaction may be more expensive or take longer to complete than anticipated, including as a result of unexpected factors or events; (x) the diversion of management’s attention from ongoing business operations and opportunities; (xi) potential adverse reactions of the customers of the Bank or Northfield Bank or changes to business or employee relationships, including those resulting from the announcement or completion of the proposed transaction; (xii) a material adverse change in the financial condition of Columbia Financial or Northfield; (xiii) changes in Columbia Financial’s or Northfield’s share price before closing; (xiv) risks relating to the potential dilutive effect of shares of Columbia Financial, Inc.’s common stock to be issued in the proposed transaction.

Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Columbia Financial, Inc. and Columbia Financial disclaim any obligation to publicly update or revise any forward-looking statements to reflect changes in underlying assumptions or factors, new information, future events or other changes, except as required by law.

Important Additional Information About the Transaction and Where to Find It

Columbia Financial, Inc. has filed with the Securities and Exchange Commission (the “SEC”) a prospectus of Columbia Financial, Inc., and other relevant documents concerning the proposed second-step conversion. In addition, Columbia Financial, Inc. has filed with the SEC a Registration Statement on Form S-4 that includes a joint proxy statement/prospectus concerning the proposed second-step conversion and the merger.

BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF COLUMBIA FINANCIAL ARE URGED TO READ THE FORM S-1 REGISTRATION STATEMENT AND THE FORM S-4 REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY L CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS.

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote or approval with respect to the proposed second-step conversion or the proposed merger between Columbia Financial, Inc. and Northfield Bancorp, Inc. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, and no offer to sell or solicitation of an offer to buy shall be made in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

A copy of the Form S-1 Registration Statement and the Form S-4 Registration Statement, Joint Proxy Statement/Prospectus, as well as other filings containing information about Columbia Financial and Northfield Bancorp, Inc. may be obtained, free of charge, at the SEC’s website (http://www.sec.gov). You may also obtain these documents, free of charge, from Columbia Financial by accessing Columbia Financial’s website at https://ir.columbiabankonline.com/financials/sec-filings/default.aspx. Copies of the Form S-1 Registrations Statement and the Form S-4 Registration Statement, the Joint Proxy Statement/Prospectus and the filings with the SEC that will be incorporated by reference therein can also be obtained, without charge, by directing a request to Columbia Investor Relations, 19-01 Route 208 North, Fair Lawn, New Jersey 07410, or by calling (833) 550-0717. The information on Columbia Financial’s website is not, and shall not be deemed to be, a part of this communication or incorporated into other filings either company makes with the SEC.

Participants in the Solicitation

Columbia Financial, Inc. and Columbia Financial and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from the stockholders of Columbia Financial in connection with the proposed transaction. Information about the interests of the directors and executive officers of Columbia Financial, Inc. and Columbia Financial and other persons who may be deemed to be participants in the solicitation of stockholders of Columbia Financial in connection with the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, is included in the Joint Proxy Statement/Prospectus related to the proposed transaction.

FAIR LAWN, N.J. and WOODBRIDGE, N.J., June 11, 2026 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (“Columbia”) (NASDAQ: CLBK), a Delaware corporation and the mid-tier holding company for Columbia Bank (the “Bank”), and Northfield Bancorp, Inc. (“Northfield”) (NASDAQ: NFBK), the holding company for Northfield Bank, jointly announced today that Columbia has provided an election form and letter of transmittal (together with the related instructions, the “Election Materials”) to the holders of Northfield common stock so that Northfield stockholders may elect to receive, upon the completion of the previously announced merger of the Holding Company and Northfield, either (i) shares of common stock of Columbia Financial, Inc., a newly formed Maryland corporation (the “Holding Company”) that will become the holding company for the Bank following the completion of Columbia’s pending second-step conversion transaction, (ii) cash, or (iii) a combination of both. The deadline for holders of Northfield common stock to elect their preferred form of merger consideration and to return their completed Election Materials is 5:00 p.m., Eastern time, on July 10, 2026.

On January 31, 2026, Columbia, the Holding Company, Columbia Bank MHC and Northfield entered into an Agreement and Plan of Merger (the “Merger Agreement”) pursuant to which the Holding Company will acquire Northfield, subject to the satisfaction of various closing conditions, including the completion of the second-step conversion and the approval of the merger by the stockholders of both Columbia and Northfield. The completion of the second-step conversion is also subject to the satisfaction of various closing conditions, including the approval of the conversion by the depositors and certain borrowers of the Bank and the approval of the conversion by the stockholders of Columbia.

Under the terms of the Merger Agreement, at the effective time of the merger, each share of Northfield common stock, par value $0.01 per share, issued and outstanding immediately prior to the effective time will be converted, at the election of the holder, into the right to receive either shares of Holding Company common stock or cash, as follows: (i) if the appraised full conversion value of the Holding Company immediately prior to the completion of the pending second-step conversion (the “Appraised Full Conversion Value”) is less than $2.3 billion, 1.425 shares of Holding Company common stock (the “Merger Exchange Ratio”) or $14.25 in cash (the “Per Share Cash Consideration”); (ii) if the Appraised Full Conversion Value is equal to or greater than $2.3 billion and less than $2.6 billion, the Merger Exchange Ratio will be increased to 1.450 shares of Holding Company common stock and the Per Share Cash Consideration will be increased to $14.50; or (iii) if the Appraised Full Conversion Value is equal to or greater than $2.6 billion, the Merger Exchange Ratio will be increased to 1.465 shares of Holding Company common stock and the Per Share Cash Consideration will be increased to $14.65. As of the date hereof, the current Appraised Full Conversion Value of the Holding Company is $2.291 billion at the midpoint of the offering range for the second-step conversion offering.

Under the Merger Agreement, no more than 30% of the shares of Northfield common stock issued and outstanding as of the effective time of the merger will be converted into the aggregate cash consideration. The Election Materials set forth the proration and allocation procedures that will be undertaken by the Holding Company if the holders of more than 30% of the shares of Northfield common stock elect to receive cash consideration in the merger.

The calculation of the merger consideration and the procedures for electing stock or cash consideration are further described in the joint proxy statement/prospectus of Northfield and Columbia previously mailed to Northfield stockholders in connection with the special meeting of Northfield’s stockholders to approve the merger. The Holding Company will not issue fractional shares in connection with the merger. Any fractional share into which shares of Northfield common stock would otherwise be converted will entitle the holder to receive a cash payment determined by multiplying the Per Share Cash Consideration by the fraction of the share of Northfield common stock that such holder would otherwise be entitled to receive under the Merger Agreement.

The Election Materials are separate from, and do not replace, the proxy materials mailed to Northfield stockholders on or about May 21, 2026 in connection with the special meeting of Northfield stockholders to be held on June 26, 2026.

About Columbia Financial, Inc.

Columbia Financial, Inc. is a Delaware corporation organized as Columbia Bank’s mid-tier stock holding company. Columbia Financial, Inc. is a majority-owned subsidiary of Columbia Bank MHC. Columbia Bank is a federally chartered savings bank headquartered in Fair Lawn, New Jersey that operates 70 full-service banking offices and offers traditional financial services to consumers and businesses in its market area. For more information about Columbia Bank, please visit www.columbiabankonline.com.

About Northfield Bancorp, Inc.

Northfield Bancorp, Inc. is the parent holding company for Northfield Bank. Northfield Bank, founded in 1887, operates 37 full-service banking offices in Staten Island and Brooklyn, New York, and Hunterdon, Middlesex, Mercer, and Union counties, New Jersey. For more information about Northfield Bank, please visit www.eNorthfield.com.

Disclaimer and Caution About Forward-Looking Statements

Certain statements in this press release constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, statements regarding the outlook and expectations of Columbia and Northfield, respectively, with respect to the proposed transaction, the strategic benefits and financial benefits of the proposed transaction, including the expected impact of the proposed transaction on the combined company’s future financial performance (including anticipated accretion to earnings per share, the tangible book value earn-back period and other operating and return metrics), the timing of the closing of the proposed transaction, and the ability to successfully integrate the combined businesses. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgment of Columbia or Northfield or their respective management about future events.

Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements. Such risks, uncertainties and assumptions, include, among others, the following: (i) the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement; (ii) the possibility that the proposed transaction does not close when expected or at all because the required approval by Columbia’s and/or Northfield’s stockholders, or other approvals and the other conditions to closing, are not received or satisfied on a timely basis or at all; (iii) the outcome of any legal proceedings that may be instituted against Columbia or Northfield; (iv) the possibility that the anticipated benefits of the proposed transaction, including anticipated cost savings and strategic gains, are not realized when expected or at all, including as a result of changes in, or problems arising from, general economic and market conditions, interest and exchange rates, monetary policy, laws and regulations and their enforcement, and the degree of competition in the geographic and business areas in which Columbia and Northfield operate; (v) the possibility that the integration of the two companies may be more difficult, time-consuming or costly than expected; (vi) Columbia’s ability to successfully complete its second-step conversion; (vi) the possibility that the final independent appraisal of Columbia will differ from the preliminary independent appraisal of Columbia; (viii) the impact of purchase accounting with respect to the proposed transaction, or any change in the assumptions used regarding the assets acquired and liabilities assumed to determine their fair value and credit marks; (ix) the possibility that the proposed transaction may be more expensive or take longer to complete than anticipated, including as a result of unexpected factors or events; (x) the diversion of management’s attention from ongoing business operations and opportunities; (xi) potential adverse reactions of Columbia’s or Northfield’s customers or changes to business or employee relationships, including those resulting from the announcement or completion of the proposed transaction; (xii) a material adverse change in the financial condition of Columbia or Northfield; (xiii) changes in Columbia’s or Northfield’s share price before closing; (xiv) risks relating to the potential dilutive effect of shares of Columbia’s common stock to be issued in the proposed transaction; (xv) general competitive, economic, political and market conditions, including the impact of any potential government shutdown; (xvi) major catastrophes such as earthquakes, floods or other natural or human disasters, including infectious disease outbreaks; and (xvii) other factors that may affect future results of Columbia or Northfield, including, among others, changes in asset quality and credit risk; the imposition of tariffs and any retaliatory responses; the inability to sustain revenue and earnings growth; changes in interest rates; deposit flows; inflation; customer borrowing, repayment, investment and deposit practices; the impact, extent and timing of technological changes; capital management activities; and other actions of the Federal Reserve Board and legislative and regulatory actions and reforms.

These factors are not necessarily all of the factors that could cause Columbia’s, Northfield’s or the combined company’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm Columbia’s, Northfield’s or the combined company’s results.

Although each of Columbia and Northfield believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions based on its existing knowledge of its business and operations, there can be no assurance that actual results of Columbia or Northfield will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in Columbia’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2025, quarterly reports on Form 10-Q, and other documents subsequently filed by Columbia with the Securities Exchange Commission (the “SEC”), and in Northfield’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2025, and its other filings with the SEC and quarterly reports on Form 10-Q, and other documents subsequently filed by Northfield with the SEC. The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Columbia, Northfield or each of their respective businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Columbia and Northfield urge you to consider all of these risks, uncertainties and other factors carefully in evaluating all such forward-looking statements made by Columbia and Northfield. Forward-looking statements speak only as of the date they are made and Columbia and/or Northfield undertake no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.

Important Additional Information About the Transaction and Where to Find It

The Holding Company has filed with the Securities and Exchange Commission (the “SEC”) a prospectus of the Holding Company, and other relevant documents concerning the proposed second-step conversion. In addition, the Holding Company has filed with the SEC a Registration Statement on Form S-4 that includes a joint proxy statement/prospectus concerning the proposed second-step conversion and the merger.

BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF COLUMBIA AND NORTHFIELD ARE URGED TO READ THE FORM S-1 REGISTRATION STATEMENT AND THE FORM S-4 REGISTRATION STATEMENT AND THE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED TRANSACTION AND RELATED MATTERS.

This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or the solicitation of any vote or approval with respect to the proposed second-step conversion or the proposed merger between the Holding Company and Northfield. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended, and no offer to sell or solicitation of an offer to buy shall be made in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

A copy of the Form S-1 Registration Statement and the Form S-4 Registration Statement, Joint Proxy Statement/Prospectus, as well as other filings containing information about Columbia and Northfield may be obtained, free of charge, at the SEC’s website (http://www.sec.gov). You may also obtain these documents, free of charge, from Columbia by accessing Columbia’s website at https://ir.columbiabankonline.com/financials/sec-filings/default.aspx or from Northfield by accessing Northfield’s website at https://ir.enorthfield.com/financials/sec-filings/default.aspx. Copies of the Form S-4 Registration Statement, the Joint Proxy Statement/Prospectus and the filings with the SEC that will be incorporated by reference therein can also be obtained, without charge, by directing a request to Columbia Investor Relations, 19-01 Route 208 North, Fair Lawn, New Jersey 07410, or by calling (833) 550-0717, or to Northfield by directing a request to Northfield Investor Relations, 581 Main Street, Suite 810, Woodbridge, New Jersey 07095 or by calling (732) 499-7200 x2519. The information on Columbia’s or Northfield’s respective websites is not, and shall not be deemed to be, a part of this communication or incorporated into other filings either company makes with the SEC.

Participants in the Solicitation

Columbia, Northfield and certain of their respective directors, executive officers and employees may be deemed to be participants in the solicitation of proxies from the stockholders of Columbia and Northfield in connection with the proposed transaction. Information about the interests of the directors and executive officers of Columbia and Northfield and other persons who may be deemed to be participants in the solicitation of stockholders of Columbia and Northfield in connection with the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, is included in the Joint Proxy Statement/Prospectus related to the proposed transaction.

Advance Auto Parts (AAP - Free Report) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to a loss of $0.22 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of +95.23%. A quarter ago, it was expected that this auto parts retailer would post earnings of $0.41 per share when it actually produced earnings of $0.86, delivering a surprise of +109.76%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Advance Auto Parts, which belongs to the Zacks Automotive - Retail and Wholesale - Parts industry, posted revenues of $2.61 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.08%. This compares to year-ago revenues of $2.58 billion. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.

Advance Auto Parts shares have added about 30.4% since the beginning of the year versus the S&P 500's gain of 8.6%.

What's Next for Advance Auto Parts?While Advance Auto Parts has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Advance Auto Parts was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.85 on $2.04 billion in revenues for the coming quarter and $2.77 on $8.55 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Automotive - Retail and Wholesale - Parts is currently in the bottom 34% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, CarMax (KMX - Free Report) , has yet to report results for the quarter ended May 2026.

This used car dealership chain is expected to post quarterly earnings of $0.94 per share in its upcoming report, which represents a year-over-year change of -31.9%. The consensus EPS estimate for the quarter has been revised 9.3% lower over the last 30 days to the current level.

CarMax's revenues are expected to be $7.58 billion, up 0.5% from the year-ago quarter.

3 Under-the-Radar Earnings Surprises Could Signal a New TrendAdvance Auto Parts NYSE: AAP reported what executives described as a solid start to fiscal 2026, with first-quarter comparable sales rising 3.5%, the company’s strongest quarterly growth in five years.

President and Chief Executive Officer Shane O’Kelly said the results were driven primarily by the company’s Pro channel, particularly its focus on Main Street professional customers, along with improved parts availability and customer service. The DIY channel also returned to positive growth after softness in the prior quarter.

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From Rust to Riches: 2 Auto Parts Names Built for 2026“Our Q1 performance reflects continued improvement in parts availability and customer service, which is helping us respond to favorable industry dynamics,” O’Kelly said on the company’s earnings call.

Sales Improve as Pro Business Leads Executive Vice President and Chief Financial Officer Ryan Grimsland said net sales for the quarter were $2.6 billion, up 1% from the prior year. Comparable sales increased 3.5%, offset in part by a two-point headwind from cycling $51 million in liquidation sales tied to store optimization activity completed in the first quarter of last year.

Advance Auto Parts is A Great Risk/Reward Play If EPS DeliversGrimsland said the quarter included early benefits from winter storms, which drove sales of failure-related items, though temporary store closures and delayed maintenance spending also caused some disruption. Sales trends improved beginning in mid-February as consumers used tax refunds and resumed maintenance spending amid better weather in March. Overall, he said weather was not a material driver of first-quarter results.

By channel, Pro comparable sales grew in the mid-single-digit range, with monthly growth consistently in that range. Grimsland said the company’s Main Street Pro business outperformed the overall Pro comp by more than 200 basis points, even as Advance continues to optimize its large national account Pro business.

The DIY channel posted low double-digit comparable sales growth, though Grimsland said performance remains tempered by inflation and stretched household budgets. Ticket was positive, with same-SKU inflation of about 3%, in line with expectations. Transaction volumes improved in both channels, and units per transaction continued to rise.

Margins Expand on Merchandising Initiatives Adjusted gross profit was approximately $1.2 billion, or 45.1% of net sales, representing more than 210 basis points of gross margin expansion from the prior year. Grimsland attributed the improvement mainly to product margin expansion and merchandising initiatives.

Adjusted SG&A was approximately $1.1 billion, or 41.3% of net sales, providing roughly 200 basis points of leverage. SG&A declined 3% year over year as the company cycled about $37 million in expenses tied to last year’s store optimization project. Adjusted operating income was $99 million, or 3.8% of net sales, up 410 basis points year over year. Adjusted diluted earnings per share were $0.77, compared with a loss of $0.22 in the prior-year period.

Free cash outflow improved to $75 million from an outflow of $198 million a year earlier, which Grimsland attributed to stronger operating performance, improved working capital management and lower cash restructuring costs. Inventory rose about 5% from year-end 2025 as the company invested in product depth and breadth across its network.

Company Reaffirms 2026 Outlook Advance Auto Parts reaffirmed its full-year guidance. The company expects net sales of approximately $8.5 billion and comparable sales growth of 1% to 2%, with each quarter expected to deliver positive same-store sales growth. Management said the first half should be stronger due to easier comparisons and first-quarter performance.

Same-SKU inflation is expected to be in the 2% to 3% range for the year, and Grimsland said recent tariff regulations have not changed the company’s inflation expectations. The company expects Pro to outperform DIY, with both channels contributing positively to comparable sales growth.

For 2026, Advance expects adjusted operating income margin of 3.8% to 4.5%, representing 130 to 200 basis points of year-over-year expansion. Gross margin is expected to expand 110 to 150 basis points to approximately 45%, driven mainly by merchandising initiatives, including strategic vendor sourcing and pricing and promotions optimization.

The company also projected adjusted diluted EPS of $2.40 to $3.10, capital expenditures of approximately $300 million, and free cash flow of about $100 million. Advance plans to open 40 to 45 new stores and 10 to 15 market hubs during the year.

Strategic Priorities Focus on Merchandising, Supply Chain and Stores O’Kelly said Advance’s strategy remains built on three pillars: merchandising, supply chain and store operations. He said the company continues to work toward a medium-term target of 7% adjusted operating margin.

In merchandising, O’Kelly cited improved vendor relationships, better internal processes and a new assortment framework intended to improve product placement. He said expanded assortment in brakes and undercar categories is helping the company capture more Main Street Pro business.

The company also launched its owned oil brand, ARGOS, which O’Kelly said has met expectations and is now one of Advance’s top brands in the category. The brand has expanded beyond motor oil into hydraulic oils, antifreeze, performance chemicals and washer fluid.

Advance also replaced its Speed Perks loyalty program with Advance Rewards during the quarter. O’Kelly said new member sign-ups, program penetration and total transactions from loyalty members have increased since launch.

On supply chain, O’Kelly said the consolidation of distribution centers is nearing completion, allowing the company to focus on standardizing operations and improving productivity. He said the company expects supply chain process improvements to support gross margin expansion in 2027 and beyond.

Advance has opened two additional market hubs so far this year, bringing its total to 35. The company is targeting 60 market hubs in 2027. Grimsland said markets with a hub ecosystem are performing about 100 basis points better than those without one.

Executives Caution on Consumer Spending During the question-and-answer portion of the call, executives said second-quarter comparable sales are expected to moderate from the first quarter and remain in line with the company’s guidance range. Grimsland said Advance does not expect major tax refund tailwinds to continue and is monitoring potential volatility in consumer spending, particularly as households face pressure from elevated gas prices.

Grimsland said the period between tax refunds and peak driving season can be difficult to gauge, and the company will watch consumer behavior after Memorial Day. Still, he noted that less than 10% of the company’s business is discretionary.

“This is a needs-based business,” Grimsland said. “The cars need to start, they have to stop.”

O’Kelly said the company’s first-quarter growth was “roughly in line with the market” and reflected progress in parts availability, service and execution. He said Advance remains focused on continuing its strategic plan and improving operational productivity.

About Advance Auto Parts NYSE: AAPAdvance Auto Parts, Inc NYSE: AAP is a leading distributor of automotive aftermarket parts, accessories, and maintenance items. The company operates a network of stores and distribution centers across North America, serving both do-it-yourself (DIY) customers and professional service providers. Advance Auto Parts focuses on offering a comprehensive selection of replacement parts, batteries, engine components, and performance products for cars and light trucks.

The company's product portfolio includes engine oils and lubricants, cooling system components, brake and suspension parts, filters, belts, hoses, and diagnostic tools.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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Advance Auto Parts (AAP - Free Report) reported $2.61 billion in revenue for the quarter ended March 2026, representing a year-over-year increase of 1.2%. EPS of $0.77 for the same period compares to -$0.22 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $2.56 billion, representing a surprise of +2.08%. The company delivered an EPS surprise of +95.23%, with the consensus EPS estimate being $0.39.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Advance Auto Parts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Comparable store sales - YoY change: 3.5% versus the six-analyst average estimate of 1.6%.Number of stores (Retail) - Total: 4,308 versus the three-analyst average estimate of 4,317.Number of stores - AAP: 4,070 versus the three-analyst average estimate of 4,077.Number of stores opened: 4 versus the two-analyst average estimate of 13.Number of stores (BOP): 4,305 versus 4,305 estimated by two analysts on average.Number of stores - CARQUEST: 238 versus the two-analyst average estimate of 241.View all Key Company Metrics for Advance Auto Parts here>>>

Shares of Advance Auto Parts have returned -14% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Advance Auto Parts delivered strong Q1 results, with EPS of $0.77 and 3.5% same-store sales growth, signaling tangible turnaround progress. Gross margin improved 130bps to 45.1%, and operating margin expanded 410bps to 3.8%, reflecting successful merchandising and cost control initiatives. AAP maintained conservative full-year guidance despite Q1 outperformance, with EPS expected at $2.40-$3.10 and same-store sales growth of 1%-2%.

Advance Auto Parts, Inc. (AAP) Q1 2026 Earnings Call Transcript

Key Takeaways AAP earned 77 cents per share in Q1, topping estimates as comparable sales rose 3.5%.Advance Auto Parts expanded gross margin to 45.1% on merchandising gains and lower restructuring costs.AAP reaffirmed 2026 sales and earnings guidance while planning up to 45 new stores in 2026. Advance Auto Parts, Inc. (AAP - Free Report) delivered adjusted earnings of 77 cents per share in the first quarter of 2026, beating the Zacks Consensus Estimate of 39 cents by 95.2%. The company had incurred an adjusted loss of 22 cents in the year-ago quarter.

Net sales were $2.61 billion, which increased 1.2% year over year and came ahead of the Zacks Consensus Estimate of $2.56 billion by 2.1%. Comparable store sales increased 3.5% in the quarter, marking the strongest quarterly comp in five years.

AAP Builds Momentum in Pro and DIY DemandAAP’s top line reflected improving trends as the quarter progressed, supported by better parts availability and customer service. The Pro channel was the primary sales driver, with mid-single-digit comparable growth tied to its focus on “Main Street Pro,” while DIY posted low-single-digit growth. The company’s category strength was in brakes, undercar and engine management.

Advance Auto Parts Widens Gross Margin on MerchandisingProfitability improved sharply in the quarter. Gross profit was $1.18 billion, translating to a gross margin of 45.1% compared with 42.9% in the prior-year period. AAP attributed the margin expansion primarily to product margin gains supported by merchandising initiatives, alongside the benefit of cycling margin headwinds tied to its store optimization program that concluded in the first quarter of 2025.

The company reported LIFO-related cost pressure during the quarter. Even with that headwind, the gross margin improvement was meaningful, setting up a stronger earnings flow-through versus last year.

AAP Shows Expense Discipline as Restructuring Costs FadeOperating performance swung notably year over year. Operating income was $69 million versus an operating loss of $131 million a year ago. Restructuring and related expenses fell to $32 million from $118 million in the year-ago quarter, reflecting the reduced burden from prior optimization actions.

On an adjusted basis, operating income was $99 million, producing an adjusted operating margin of 3.8% versus an adjusted loss margin of 0.3% a year earlier. Adjusted SG&A expenses were 41.3% of sales, down from 43.2% in the prior-year quarter, aided by lapping expenses from closed stores and stronger sales performance.

Advance Auto Parts Liquidity Remains AmpleAs of April 25, 2026, AAP had $2.96 billion in cash and cash equivalents, down from $3.12 billion as of Jan. 3, 2026. Inventories rose to $3.82 billion from $3.65 billion as of Jan, 3, 2026, reflecting higher investment in availability. Long-term debt stood at $3.41 billion.

Cash flow trends improved from last year. Net cash used in operating activities was $19 million versus $156 million in the prior-year quarter, while capital spending totaled $56 million. AAP also paid $30 million in dividends during the period.

AAP Reaffirms 2026 Guideposts and Growth PlansAAP reaffirmed its full-year 2026 outlook. The company continues to expect net sales of $8.49-$8.58 billion, with comparable store sales growth of 1-2% (52 weeks). It projects an adjusted operating income margin of 3.8-4.5% and adjusted earnings of $2.40-$3.10 per share.

Capital deployment remains geared toward network and infrastructure initiatives. AAP expects capital expenditures of approximately $300 million and free cash flow of about $100 million, alongside plans to open 40-45 stores and 10-15 market hubs in 2026. As of April 25, 2026, Advance Auto has 4,308 stores mainly across the United States, along with locations in Canada, Puerto Rico and the U.S. Virgin Islands. The company also supported 797 independently owned Carquest stores in these markets, as well as in Mexico and several Caribbean islands.

The company also declared a regular quarterly dividend of 25 cents per share, payable July 24, 2026, to shareholders of record as of July 10, 2026.

AAP currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Peer ReleasesO'Reilly Automotive, Inc. (ORLY - Free Report) reported first-quarter 2026 results on April 29. It reported adjusted EPS of 72 cents, which beat the Zacks Consensus Estimate of 69 cents by 4.18%. The bottom line increased from 62 cents in the prior-year quarter. The automotive parts retailer registered quarterly revenues of $4.56 billion, which surpassed the Zacks Consensus Estimate of $4.47 billion by 2.1%. The top line also rose 10.2% year over year.

The quarter was driven by strong demand, with comparable store sales rising 8.1%. Growth in both the professional and DIY segments, along with careful cost control, supported the overall performance. The company opened 59 stores in the United States, Mexico and Canada in the first quarter. The total store count was 6,644 as of March 31, 2026.

Genuine Parts Company (GPC - Free Report) reported first-quarter 2026 results on April 21. It posted adjusted earnings of $1.77 per share, which missed the Zacks Consensus Estimate of $1.81 by 1.94%. The bottom line improved 1.1% from the year-ago quarter’s adjusted earnings of $1.75 per share.

The company posted revenues of $6.27 billion, which beat the Zacks Consensus Estimate of $6.17 billion by 1.5% and increased 6.8% year over year. The performance was driven by solid sales growth across business segments and a 20-basis-point improvement in gross margin to 37.3%.

Advance Auto Parts Inc. (NYSE:AAP) on Thursday posted stronger-than-expected quarterly results.

The company reported first-quarter adjusted earnings per share of 77 cents, beating the analyst consensus estimate of 45 cents. Quarterly sales of $2.614 billion outpaced the Street view of $2.579 billion.

Advance Auto Parts affirmed fiscal 2026 adjusted EPS guidance of $2.40 to $3.10, compared with the analyst estimate of $2.76. The company also maintained its fiscal 2026 sales outlook of $8.485 billion to $8.575 billion versus the Street estimate of $8.556 billion.

Advance Auto Parts shares fell 1% to trade at $58.04 on Friday.

These analysts made changes to their price targets on Advance Auto Parts following earnings announcement.

Considering buying AAP stock? Here’s what analysts think:

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Multi-channel campaign uses nostalgia, features real motorists to emotionally connect with Americans

RALEIGH, N.C.--(BUSINESS WIRE)--Advance Auto Parts, Inc. (NYSE: AAP), a leading automotive aftermarket parts provider in North America that serves both professional installers and do-it-yourself customers, today introduced “Good Parts,” a new brand campaign that heroes and humanizes the qualities of American motorists and Advance’s commitment to get them where they want to be – the good parts of their lives.

The new campaign aligns with the celebration of America’s 250th birthday. Advance’s “Good Parts” campaign is anchored by a 60-second video that emotionally connects the company’s 94-year history to motorists through a nostalgic lens, drawing from familiar life moments and timeless cues highlighting the trips, memories and milestones experienced in America’s modern history.

“Good Parts is a return to our roots and focuses on what matters most in our business: helping people get back on the road quickly and back to their lives,” said Bruce Starnes, Chief Merchandising Officer at Advance Auto Parts. “America is a country built on movement and Advance has been around almost as long as Americans have been driving. We’re proud of our legacy of helping millions of people advance to what matters most to them.”

The campaign launches as Americans prepare for summer travel – a natural inflection point for automobile maintenance needs. Authenticity is the engine of the “Good Parts” campaign, which was shot at eight locations in four cities and includes real motorists.

Advance will air general market and Spanish-language versions of the “Good Parts” video across multiple social media platforms, including Meta, TikTok and Reddit, as well as on YouTube and connected TV, display and search advertising, and audio platforms, including Spotify and Pandora.

“Good Parts” will also greet customers who visit Advance’s more than 4,000 stores across America with nostalgia-inspired exterior signage, in-store signage and point-of-sale materials.

And on May 31, Advance will display “Good Parts” creative in a full paint scheme on the Team Penske No. 12 Ford Mustang Dark Horse piloted by NASCAR Cup Series Champion Ryan Blaney in the Cracker Barrel 400 at Nashville Superspeedway.

As part of the new brand campaign, Advance is introducing a new jingle that translates the company’s commitment to getting customers to the good parts into an auditory signature reflecting three core brand pillars: ease, confidence and forward momentum. The jingle is part of the 60-second video and will air across all media channels and digital touchpoints.

About Advance Auto Parts

Advance Auto Parts, Inc. is a leading automotive aftermarket parts provider that serves both professional installer and do-it-yourself customers. As of April 25, 2026, Advance operated 4,308 stores primarily within the United States, with additional locations in Canada, Puerto Rico and the U.S. Virgin Islands. The Company also served 797 independently owned Carquest branded stores across these locations in addition to Mexico and various Caribbean islands. Additional information about Advance, including employment opportunities, customer services, and online shopping for parts, accessories and other offerings can be found at www.AdvanceAutoParts.com.

More News From Advance Auto Parts, Inc.

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Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

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Stock to Watch: Advance Auto Parts (AAP - Free Report) Advance Auto Parts, Inc. operates in the U.S. automotive aftermarket industry and is primarily engaged in selling replacement parts (excluding tires), accessories, batteries and maintenance items for domestic and imported cars, vans, sport utility vehicles, light and heavy-duty trucks. It is a leading automotive parts provider in North America, serving both the do-it-yourself or DIY and professional installers (professional) as well as independently owned operators.

AAP is a #3 (Hold) on the Zacks Rank, with a VGM Score of A.

It also boasts a Value Style Score of B thanks to attractive valuation metrics like a forward P/E ratio of 18.94; value investors should take notice.

Nine analysts revised their earnings estimate upwards in the last 60 days for fiscal 2026. The Zacks Consensus Estimate has increased $0.21 to $2.95 per share. AAP boasts an average earnings surprise of +62.1%.

With a solid Zacks Rank and top-tier Value and VGM Style Scores, AAP should be on investors' short list.

COLB eyes steadier 2026 earnings as margin expansion, fee growth, and loan mix shifts offset integration noise after Pacific Premier deal.

Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Columbia Banking (COLB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2026.

TACOMA, Wash., April 23, 2026 /PRNewswire/ -- $192 million $209 million $0.66 $0.72 Net income Operating net income1 Earnings per common share - diluted Operating earnings per common share - diluted1 CEO Commentary "Our first quarter results reflect continued execution against the priorities we have previously outlined: delivering sustainable performance, strengthening our balance sheet, and returning excess capital to shareholders," said Clint Stein, Chair, CEO & President.

Columbia Banking (COLB - Free Report) reported $677 million in revenue for the quarter ended March 2026, representing a year-over-year increase of 37.8%. EPS of $0.72 for the same period compares to $0.67 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $674.06 million, representing a surprise of +0.44%. The company delivered an EPS surprise of +5.88%, with the consensus EPS estimate being $0.68.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Columbia Banking performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Net charge-offs to average loans and leases (annualized): 0.3% compared to the 0.3% average estimate based on five analysts.Average Balance - Total interest-earning assets: $60.83 billion compared to the $60.97 billion average estimate based on five analysts.Efficiency Ratio: 58% versus the five-analyst average estimate of 56.1%.Net Interest Margin: 4% compared to the 3.9% average estimate based on five analysts.Total non-performing assets: $264 million compared to the $208.57 million average estimate based on four analysts.Total non-performing loans and leases: $261 million compared to the $199.41 million average estimate based on three analysts.Total noninterest income: $83 million compared to the $83.93 million average estimate based on five analysts.Net Interest Income: $594 million compared to the $591.17 million average estimate based on four analysts.Service charges on deposits: $20 million versus the four-analyst average estimate of $23.51 million.Net interest income (FTE): $596 million versus the four-analyst average estimate of $592.29 million.Financial services and trust revenue: $15 million compared to the $15.05 million average estimate based on three analysts.Other non-interest (loss) income: $13 million versus $10.37 million estimated by two analysts on average.View all Key Company Metrics for Columbia Banking here>>>

Shares of Columbia Banking have returned +5.1% over the past month versus the Zacks S&P 500 composite's +9.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Posted by Defense World Staff on Apr 24th, 2026

Evergreen Capital Management LLC raised its holdings in shares of Columbia Banking System, Inc. (NASDAQ:COLB – Free Report) by 340.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 50,050 shares of the financial services provider’s stock after purchasing an additional 38,674 shares during the period. Evergreen Capital Management LLC’s holdings in Columbia Banking System were worth $1,399,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in COLB. True Wealth Design LLC increased its stake in Columbia Banking System by 612.8% during the third quarter. True Wealth Design LLC now owns 1,005 shares of the financial services provider’s stock valued at $26,000 after purchasing an additional 864 shares during the last quarter. Quent Capital LLC bought a new stake in Columbia Banking System during the third quarter valued at $29,000. Geneos Wealth Management Inc. increased its stake in Columbia Banking System by 194.6% during the first quarter. Geneos Wealth Management Inc. now owns 1,202 shares of the financial services provider’s stock valued at $30,000 after purchasing an additional 794 shares during the last quarter. First Horizon Corp bought a new stake in Columbia Banking System during the third quarter valued at $31,000. Finally, Ameriflex Group Inc. bought a new stake in Columbia Banking System during the third quarter valued at $63,000. Institutional investors own 92.53% of the company’s stock.

Analyst Upgrades and Downgrades Several analysts have weighed in on COLB shares. JPMorgan Chase & Co. lowered their target price on shares of Columbia Banking System from $34.00 to $31.00 and set a “neutral” rating for the company in a research note on Wednesday, April 1st. Weiss Ratings upgraded shares of Columbia Banking System from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, April 1st. Citigroup boosted their target price on shares of Columbia Banking System from $30.00 to $32.00 and gave the company a “neutral” rating in a research note on Tuesday, February 24th. DA Davidson boosted their target price on shares of Columbia Banking System from $30.00 to $32.50 and gave the company a “neutral” rating in a research note on Friday, January 23rd. Finally, Barclays lowered their target price on shares of Columbia Banking System from $30.00 to $29.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $31.58.

Check Out Our Latest Stock Report on COLB

More Columbia Banking System News Here are the key news stories impacting Columbia Banking System this week:

Positive Sentiment: Q1 operating / non‑GAAP EPS topped expectations — Columbia reported non‑GAAP operating EPS of $0.72, beating consensus estimates (~$0.69). That beat is driving the immediate positive investor reaction. Columbia Banking System beats Q1 earnings estimates Positive Sentiment: Strong top‑line growth — revenue rose sharply year‑over‑year (reported ~37.9% growth), reflecting significant business momentum that supports the EPS beat. MarketBeat Q1 coverage and slides Positive Sentiment: Management reiterates capital return and balance‑sheet priorities — CEO commentary emphasized sustainable performance, balance‑sheet strength and returning excess capital to shareholders, which supports buybacks/dividend expectations. Q1 press release Positive Sentiment: Operational recognition — subsidiary Columbia Bank received regional “Best Bank” honors for middle‑market banking, a small positive for brand/competitive positioning. Best Bank honors Neutral Sentiment: Analyst posture unchanged — RBC Capital reaffirmed its Hold rating, indicating some analysts see limited near‑term upside despite the beat. RBC reaffirmation Neutral Sentiment: Company materials available — the firm posted the press release, slide deck and call transcript for investors who want detail on drivers and segment performance. Slide deck / press materials Negative Sentiment: Revenue roughly in line / slight short of some estimates and GAAP vs non‑GAAP spread — reported revenue (~$675M) was effectively in line (or marginally below some consensus figures) and GAAP EPS ($0.66) trails the non‑GAAP $0.72, which could temper upside if investors focus on adjusted results. MSN revenue/EPS coverage Insider Activity In other news, VP Torran B. Nixon sold 2,241 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $28.25, for a total transaction of $63,308.25. Following the completion of the transaction, the vice president owned 100,469 shares in the company, valued at approximately $2,838,249.25. This represents a 2.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven R. Gardner sold 13,725 shares of the company’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $29.43, for a total transaction of $403,926.75. The disclosure for this sale is available in the SEC filing. Insiders have sold 19,354 shares of company stock valued at $561,971 in the last 90 days. Insiders own 0.57% of the company’s stock.

Columbia Banking System Stock Performance Columbia Banking System stock opened at $29.65 on Friday. The company has a 50-day simple moving average of $28.49 and a 200-day simple moving average of $28.15. The firm has a market capitalization of $8.60 billion, a P/E ratio of 13.12 and a beta of 0.61. Columbia Banking System, Inc. has a one year low of $21.91 and a one year high of $32.70.

Columbia Banking System (NASDAQ:COLB – Get Free Report) last released its quarterly earnings results on Thursday, April 23rd. The financial services provider reported $0.72 EPS for the quarter, topping the consensus estimate of $0.68 by $0.04. The business had revenue of $675.00 million during the quarter, compared to analyst estimates of $677.34 million. Columbia Banking System had a net margin of 17.11% and a return on equity of 11.40%. The company’s quarterly revenue was up 37.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.67 earnings per share. As a group, sell-side analysts forecast that Columbia Banking System, Inc. will post 3.06 earnings per share for the current year.

Columbia Banking System Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Monday, March 16th. Stockholders of record on Friday, February 27th were given a dividend of $0.37 per share. The ex-dividend date was Friday, February 27th. This represents a $1.48 annualized dividend and a dividend yield of 5.0%. Columbia Banking System’s dividend payout ratio is currently 65.49%.

Columbia Banking System Profile (Free Report)

Columbia Banking System, Inc is a bank holding company that operates through its principal subsidiary, Columbia State Bank. Headquartered in Tacoma, Washington, the company provides a full range of banking and financial services to commercial, small business and consumer customers. Its branch network is concentrated in the Pacific Northwest, with locations across Washington, Oregon and Idaho, where it aims to combine local decision-making with the resources of a larger institution.

The company’s offerings include commercial real estate lending, construction and development financing, equipment and small business loans, and deposit products such as checking, savings and money market accounts.

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Columbia Banking System remains a buy, supported by consistent earnings beats and robust loan growth, and the Pacific Premier Bancorp acquisition. COLB offers a compelling dividend yield near 5%, with proven growth and a manageable payout ratio, appealing to both income and growth investors. The balance sheet maintains investment-grade ratings and diversified loan exposure, with minimal credit deterioration.

Bank hires industry leaders James Short and Rich Watson to expand franchise banking capabilities and build a premier platform with an initial focus on restaurants TACOMA, Wash., April 30, 2026 /PRNewswire/ -- Columbia Bank (Columbia), a subsidiary of Columbia Banking System, Inc. (Nasdaq: COLB), today announced the launch of its Franchise Banking Team, strengthening the bank's expertise and capabilities to support franchisors and operators with full-service banking relationships.