Northfield Bancorp Acquisition | Financial Services Deal in NJ

Columbia Financial, Inc. has announced the merger acquisition of Northfield Bancorp, a banking business in New Jersey. Northfield Bancorp operates as a community bank focused on deposit gathering, lending, and related financial services for customers in NJ. Columbia Financial is pursuing the Northfield Bancorp acquisition to expand its banking footprint and strengthen its financial services M&A platform in the state. The merger acquisition is structured as a strategic acquisition, with an agreement and plan of merger dated January 31, 2026, and includes provisions for capital stock exchange, proration, and treatment of Northfield equity awards. Deal size was not disclosed, and closing timing is subject to customary regulatory approvals and merger closing conditions for NJ acquisitions.