Northfield Bancorp Acquired by Columbia Financial | Financial Services M&A Deal

Columbia Financial has agreed to acquire Northfield Bancorp, a banking business in New Jersey, in a merger acquisition. Northfield Bancorp operates as a financial services provider with a focus on banking operations and deposit relationships that complement Columbia Financial acquisitions. The Northfield Bancorp acquisition supports Columbia Financial acquisitions in NJ by expanding its banking footprint and strengthening its financial services M&A platform. The strategic acquisition is an announced merger acquisition with undisclosed deal size, structured as a strategic acquisition by a strategic buyer, and expected to close subject to customary regulatory approvals and merger agreement terms.