NASDAQ : CLBK
Columbia Financial, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 10.73 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 2.89B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 462.75M | 403.17M | 382.27M | 343.77M | 263.56M | 228.84M |
| Interest Income on Investments | 92.91M | 67.78M | 69.16M | 51.21M | 46.11M | 41.31M |
| Total Interest Income | 555.66M | 470.95M | 451.43M | 394.98M | 309.67M | 270.15M |
| Interest Paid on Deposits | 203.60M | 197.37M | 202.38M | 125.16M | 27.88M | 29.11M |
| Interest Paid on Borrowings | 54.15M | 51.94M | 71.06M | 63.94M | 15.02M | 7.91M |
| Total Interest Expense | 257.75M | 249.32M | 273.44M | 189.10M | 42.89M | 37.02M |
| Net Interest Income | 297.91M | 221.63M | 177.98M | 205.88M | 266.78M | 233.13M |
| Gain (Loss) on Sale of Investments | -42.74M | 1.16M | -33.26M | -10.15M | -191.00K | 233.00K |
| Other Non-Interest Income | 28.54M | 26.64M | 27.74M | 31.17M | 25.12M | 24.00M |
| Total Non-Interest Income | -13.46M | 37.07M | 1.89M | 27.38M | 30.40M | 38.83M |
| Revenues Before Loan Losses | 284.45M | 258.70M | 179.88M | 233.25M | 297.18M | 271.96M |
| Provision for Loan Losses | 9.18M | 9.82M | 14.45M | 4.79M | 5.49M | -9.95M |
| Revenue | 275.27M | 248.88M | 165.43M | 228.47M | 291.69M | 281.92M |
| Salaries and Employee Benefits | 130.76M | 111.00M | 99.18M | 108.77M | 104.64M | 86.60M |
| Federal Deposit Insurance | 7.14M | 6.80M | 7.58M | 8.64M | 2.59M | 2.37M |
| Selling, General & Administrative | 67.70M | 62.92M | 66.04M | 62.67M | 59.26M | 54.22M |
| Other Non-Interest Expense | 2.33M | -48.00K | 3.42M | 1.43M | 5.51M | 8.87M |
| Total Non-Interest Expense | 207.93M | 180.68M | 176.22M | 181.51M | 172.01M | 152.06M |
| EBT Excluding Unusual Items | 67.35M | 68.20M | -10.80M | 46.96M | 119.69M | 129.85M |
| Other Unusual Items | 25.32M | -3.45M | -300.00K | -2.85M | ||
| Pretax Income | 59.50M | 67.99M | -15.91M | 46.05M | 116.88M | 126.18M |
| Income Tax Expense | 10.99M | 16.22M | -4.26M | 9.96M | 30.70M | 34.13M |
| Net Income | 48.51M | 51.77M | -11.65M | 36.09M | 86.17M | 92.05M |
| Net Income to Common | 48.51M | 51.77M | -11.65M | 36.09M | 86.17M | 92.05M |
| Basic Shares Outstanding | 230.03M | 223.98M | 223.69M | 225.84M | 232.28M | 229.14M |
| Diluted Shares Outstanding | 230.21M | 223.98M | 224.05M | 226.37M | 233.62M | 229.14M |
| EPS (Basic) | 0.21 | 0.23 | -0.05 | 0.16 | 0.37 | 0.40 |
| EPS (Diluted) | 0.21 | 0.23 | -0.05 | 0.16 | 0.37 | 0.40 |
| Effective Tax Rate | 18.47% | 23.86% | 21.64% | 26.27% | 27.05% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 458.80M | 340.81M | 289.22M | 423.25M | 179.23M | 70.96M |
| Investment Securities | 2.82B | 518.72M | 454.53M | 279.92M | 200.16M | 197.07M |
| Trading Asset Securities | 10.53M | 18.89M | 18.90M | 19.76M | 9.49M | |
| Mortgage-Backed Securities | 912.18M | 1.01B | 970.93M | 1.22B | 1.55B | 1.94B |
| Total Investments | 3.73B | 1.54B | 1.44B | 1.52B | 1.77B | 2.15B |
| Gross Loans | 11.82B | 8.29B | 7.92B | 7.87B | 7.68B | 6.36B |
| Allowance for Loan Losses | -118.59M | -67.20M | -59.96M | -55.10M | -52.80M | -62.69M |
| Other Adjustments to Gross Loans | -37.33M | -13.00K | -1.20M | |||
| Net Loans | 11.67B | 8.22B | 7.86B | 7.82B | 7.62B | 6.30B |
| Property, Plant & Equipment | 113.12M | 82.98M | 81.77M | 83.58M | 83.88M | 78.71M |
| Goodwill | 110.72M | 110.72M | 110.72M | 110.72M | 110.72M | 85.32M |
| Other Intangible Assets | 80.99M | 8.19M | 8.96M | 11.15M | 13.51M | 5.21M |
| Loans Held for Sale | 211.41M | |||||
| Accrued Interest Receivable | 67.73M | 41.49M | 40.38M | 39.34M | 33.90M | 28.30M |
| Long-Term Deferred Tax Assets | 12.43M | 25.49M | 36.90M | |||
| Other Real Estate Owned & Foreclosed | 1.33M | |||||
| Other Long-Term Assets | 968.16M | 609.61M | 568.96M | 533.88M | 493.88M | 488.75M |
| Total Assets | 17.56B | 11.02B | 10.48B | 10.65B | 10.41B | 9.22B |
| Accrued Expenses | 272.11M | 115.05M | 96.14M | 107.71M | 108.82M | 72.32M |
| Interest Bearing Deposits | 10.23B | 6.20B | 5.98B | 5.87B | 5.10B | 4.93B |
| Institutional Deposits | 723.30M | 677.30M | 544.00M | 1.10B | 932.40M | |
| Non-Interest Bearing Deposits | 2.33B | 1.52B | 1.44B | 1.44B | 1.81B | 1.71B |
| Total Deposits | 12.56B | 8.44B | 8.10B | 7.85B | 8.00B | 7.57B |
| Short-Term Borrowings | 13.50M | 20.02M | 25.02M | 48.97M | 47.21M | |
| Current Portion of Long-Term Debt | 525.73M | |||||
| Current Portion of Leases | 4.66M | 4.67M | 4.20M | 4.29M | 4.20M | |
| Long-Term Debt | 1.50B | |||||
| Federal Home Loan Bank Debt, Long-Term | 650.69M | 1.07B | 1.52B | 1.09B | 340.50M | |
| Long-Term Leases | 11.87M | 13.16M | 12.33M | 14.32M | 15.39M | |
| Trust Preferred Securities | 7.06M | 7.04M | 6.96M | 6.99M | 6.97M | |
| Pension & Post-Retirement Benefits | 35.70M | 35.10M | 37.20M | 34.40M | 42.00M | |
| Long-Term Deferred Tax Liabilities | 9.75M | |||||
| Other Long-Term Liabilities | 67.30M | 49.74M | 49.27M | 43.51M | 45.46M | 36.47M |
| Total Liabilities | 14.40B | 9.86B | 9.40B | 9.61B | 9.35B | 8.15B |
| Common Stock | 3.17B | 1.32M | 1.31M | 1.31M | 1.31M | 1.25M |
| Additional Paid-In Capital | 806.58M | 799.48M | 791.45M | 781.16M | 667.91M | |
| Retained Earnings | 933.72M | 881.95M | 893.60M | 857.52M | 765.13M | |
| Treasury Stock | -476.13M | -460.98M | -454.13M | -371.71M | -271.65M | |
| Comprehensive Income & Other | -104.75M | -141.39M | -191.90M | -214.69M | -83.56M | |
| Shareholders' Equity | 3.17B | 1.16B | 1.08B | 1.04B | 1.05B | 1.08B |
| Total Liabilities & Equity | 17.56B | 11.02B | 10.48B | 10.65B | 10.41B | 9.22B |
| Total Debt | 1.50B | 1.21B | 1.12B | 1.57B | 1.16B | 414.26M |
| Net Cash (Debt) | -1.04B | -862.17M | -810.33M | -1.13B | -965.75M | -333.81M |
| Net Cash Per Share | -4.51 | -3.85 | -3.62 | -4.98 | -4.13 | -1.46 |
| Filing Date Shares Outstanding | 269.55M | 222.92M | 223.76M | 223.68M | 229.88M | 226.60M |
| Total Common Shares Outstanding | 269.55M | 222.62M | 223.82M | 223.68M | 232.09M | 228.23M |
| Book Value Per Share | 11.74 | 5.21 | 4.83 | 4.65 | 4.54 | 4.73 |
| Tangible Book Value | 2.97B | 1.04B | 960.70M | 918.47M | 929.38M | 988.54M |
| Tangible Book Value Per Share | 11.03 | 4.68 | 4.29 | 4.11 | 4.00 | 4.33 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 51.77M | -11.65M | 36.09M | 86.17M | 92.05M | |
| Depreciation & Amortization | 15.03M | 14.56M | 14.27M | 13.35M | 11.64M | |
| Other Amortization | 6.35M | 4.44M | 5.61M | 6.06M | 2.12M | |
| Gain (Loss) on Sale of Assets | -260.00K | 452.00K | 168.00K | 242.00K | 95.00K | |
| Gain (Loss) on Sale of Investments | -5.04M | 32.44M | 11.59M | 2.96M | 1.99M | |
| Provision for Credit Losses | 9.82M | 14.45M | 4.79M | 5.49M | -9.95M | |
| Accrued Interest Receivable | -1.11M | -1.04M | -5.45M | -4.69M | 2.02M | |
| Change in Other Net Operating Assets | -21.48M | -19.86M | -30.76M | 15.08M | -20.23M | |
| Other Operating Activities | 5.96M | -9.86M | -6.45M | 5.38M | 14.57M | |
| Operating Cash Flow | 68.40M | 33.32M | 40.72M | 142.16M | 98.70M | |
| Capital Expenditures | -9.84M | -7.45M | -7.63M | -7.20M | -5.49M | |
| Sale of Property, Plant and Equipment | 1.22M | 1.77M | 1.88M | |||
| Cash Acquisitions | 140.77M | 20.42M | ||||
| Investment in Securities | -43.62M | 82.63M | 273.48M | 269.40M | -374.80M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -396.70M | -57.58M | -204.66M | -986.43M | -109.26M | |
| Other Investing Activities | -4.00M | 20.64M | -21.54M | -33.04M | 23.66M | |
| Investing Cash Flow | -454.16M | 39.47M | 39.65M | -614.73M | -443.61M | |
| Short-Term Debt Issued | 31.96M | 446.81M | ||||
| Long-Term Debt Issued | 175.33M | 271.20M | 536.11M | 335.89M | 66.96M | |
| Total Debt Issued | 207.29M | 271.20M | 536.11M | 782.70M | 66.96M | |
| Short-Term Debt Repaid | -237.82M | -93.17M | -244.03M | |||
| Long-Term Debt Repaid | -104.42M | -484.92M | -41.60M | -38.73M | -306.75M | |
| Total Debt Repaid | -104.42M | -722.75M | -134.76M | -38.73M | -550.78M | |
| Net Debt Issued (Repaid) | 102.87M | -451.54M | 401.35M | 743.98M | -483.82M | |
| Issuance of Common Stock | 10.00K | |||||
| Repurchase of Common Stock | -13.79M | -6.71M | -81.12M | -98.61M | -108.13M | |
| Net Increase (Decrease) in Deposit Accounts | 347.93M | 249.59M | -154.60M | -71.79M | 581.48M | |
| Other Financing Activities | 338.00K | 1.84M | -1.98M | 7.25M | 3.38M | |
| Financing Cash Flow | 437.35M | -206.81M | 163.66M | 580.83M | -7.09M | |
| Net Cash Flow | 51.58M | -134.03M | 244.02M | 108.27M | -351.99M | |
| Free Cash Flow | 58.56M | 25.88M | 33.08M | 134.95M | 93.21M | |
| Free Cash Flow Margin | 23.53% | 15.64% | 14.48% | 46.27% | 33.06% | |
| Free Cash Flow Per Share | 0.26 | 0.12 | 0.15 | 0.58 | 0.41 | |
| Cash Interest Paid | 249.92M | 274.38M | 183.57M | 41.08M | 37.91M | |
| Cash Income Tax Paid | 2.00K | 940.00K | 9.25M | 15.73M | 16.26M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.01B | 1.58B | 1.60B | 1.96B | 2.29B | 2.19B |
| Last Close Price | 11.04 | 7.03 | 7.15 | 8.72 | 9.78 | 9.44 |
| PE Ratio | 53.04 | 30.54 | 54.27 | 26.56 | 23.79 | |
| PS Ratio | 11.00 | 6.35 | 9.68 | 8.57 | 7.85 | 7.77 |
| PB Ratio | 0.94 | 1.36 | 1.48 | 1.88 | 2.17 | 2.03 |
| P/FCF Ratio | 44.03 | 26.99 | 61.88 | 59.20 | 16.96 | 23.49 |
| P/OCF Ratio | 38.60 | 23.11 | 48.06 | 48.10 | 16.10 | 22.18 |
| Debt / Equity Ratio | 0.47 | 1.04 | 1.03 | 1.51 | 1.10 | 0.38 |
| Debt / FCF Ratio | 20.72 | 43.23 | 47.47 | 8.63 | 4.44 | |
| Net Debt / Equity Ratio | 0.33 | 0.74 | 0.75 | 1.08 | 0.92 | 0.31 |
| Net Debt / FCF Ratio | 14.72 | 31.32 | 34.10 | 7.16 | 3.58 | |
| Return on Equity (ROE) | 2.25% | 4.62% | -1.10% | 3.45% | 8.08% | 8.81% |
| Return on Assets (ROA) | 0.34% | 0.48% | -0.11% | 0.34% | 0.88% | 1.02% |
| Earnings Yield | 1.89% | 3.28% | -0.73% | 1.84% | 3.77% | 4.20% |
| FCF Yield | 2.27% | 3.71% | 1.62% | 1.69% | 5.90% | 4.26% |
| Buyback Yield / Dilution | -2.65% | 0.03% | 1.03% | 3.11% | -1.96% | 5.10% |