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

Columbia Financial has acquired Northfield Bancorp, a banking business in DE, for $2.3 billion. Northfield Bancorp operates as a Delaware-based financial institution serving retail and commercial customers, strengthening Columbia Financial’s footprint in the banking market. Columbia Financial acquisitions in financial services M&A are aimed at expanding deposit bases, lending capacity, and customer relationships through this merger acquisition. The strategic acquisition is structured as a merger acquisition and is part of broader financial services deals DE, with Columbia Financial converting its holding company structure to support the Northfield Bancorp acquisition. Deal size is reported around $2.3 billion, with proxy materials covering the exchange terms and expected completion following shareholder approvals.