Columbia Financial (CLBK) Financials

$14.90 +0.04 (+0.27%)

Closing price 10/8/2025 04:00 PM Eastern

Extended Trading

$14.89 -0.01 (-0.07%)

As of 10/8/2025 04:01 PM Eastern

Annual Income Statements for Columbia Financial

This table shows Columbia Financial's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	9/30/2016	9/30/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	33	31	23	55	58	92	86	36	-12
Consolidated Net Income / (Loss)	33	31	23	55	58	92	86	36	-12
Net Income / (Loss) Continuing Operations	33	31	23	55	58	92	86	36	-12
Total Pre-Tax Income	50	47	34	71	76	126	117	46	-16
Total Revenue	144	157	186	204	253	272	297	233	180
Net Interest Income / (Expense)	125	140	164	172	222	233	267	206	178
Total Interest Income	169	184	226	261	296	270	310	395	451
Loans and Leases Interest Income	152	165	190	218	255	229	264	344	382
Investment Securities Interest Income	17	19	35	43	40	41	46	43	54
Federal Funds Sold and Securities Borrowed Interest Income	0.21	0.31	1.18	0.59	0.41	0.43	0.47	8.19	15
Total Interest Expense	44	44	62	89	74	37	43	189	273
Deposits Interest Expense	24	26	40	62	55	29	28	125	202
Long-Term Debt Interest Expense	20	19	23	27	19	7.91	15	64	71
Total Non-Interest Income	19	17	22	32	31	39	30	27	1.89
Other Service Charges	8.75	8.43	4.94	5.92	6.98	12	14	19	18
Net Realized & Unrealized Capital Gains on Investments	0.57	-1.84	0.73	3.40	5.81	13	0.39	-9.63	-35
Other Non-Interest Income	9.61	11	16	22	18	14	16	18	19
Provision for Credit Losses	0.42	6.43	6.68	4.22	18	-9.95	5.49	4.79	14
Total Non-Interest Expense	94	103	145	129	158	156	175	182	181
Salaries and Employee Benefits	58	63	77	84	101	100	117	121	109
Net Occupancy & Equipment Expense	15	16	2.60	25	29	32	36	38	39
Marketing Expense	2.94	4.08	4.14	3.93	2.64	2.36	2.87	2.81	2.51
Property & Liability Insurance Claims	2.38	1.65	1.89	0.90	1.90	2.37	2.59	8.64	7.58
Other Operating Expenses	15	19	60	12	20	16	14	11	18
Restructuring Charge	-	-	0.00	2.76	1.93	0.82	2.81	0.61	1.67
Other Special Charges	-	-	0.00	0.00	1.16	2.85	0.00	0.30	3.45
Income Tax Expense	17	16	11	16	19	34	31	9.97	-4.26
Basic Earnings per Share	$0.00	$0.00	$0.20	$0.49	$0.52	$0.88	$0.82	$0.35	($0.11)
Weighted Average Basic Shares Outstanding	0.00	0.00	111.40M	111.10M	109.76M	104.16M	105.58M	102.66M	101.68M
Diluted Earnings per Share	$0.00	$0.00	$0.20	$0.49	$0.52	$0.88	$0.81	$0.35	($0.11)
Weighted Average Diluted Shares Outstanding	0.00	0.00	111.40M	111.10M	109.76M	104.16M	106.19M	102.89M	101.84M
Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	111.40M	111.10M	109.76M	106.70M	107.97M	104.92M	104.73M

This table shows Columbia Financial's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	21	22	19	1.66	9.13	6.57	-1.16	4.54	6.19	-21
Consolidated Net Income / (Loss)	21	22	19	1.66	9.13	6.57	-1.16	4.54	6.19	-21
Net Income / (Loss) Continuing Operations	21	22	19	1.66	9.13	6.57	-1.16	4.54	6.19	-21
Total Pre-Tax Income	28	30	25	1.92	12	7.43	-1.28	4.82	7.32	-27
Total Revenue	77	76	69	51	57	57	50	53	54	23
Net Interest Income / (Expense)	69	68	61	51	49	45	42	44	45	46
Total Interest Income	80	88	93	96	98	108	109	113	116	114
Loans and Leases Interest Income	69	76	80	84	88	92	93	95	98	96
Investment Securities Interest Income	11	12	12	10	10	11	12	14	14	14
Federal Funds Sold and Securities Borrowed Interest Income	0.15	0.23	0.81	1.80	0.75	4.83	3.56	4.46	3.85	3.31
Total Interest Expense	11	20	32	45	50	62	66	69	71	67
Deposits Interest Expense	6.97	12	17	29	36	43	48	50	52	52
Long-Term Debt Interest Expense	3.81	7.99	15	16	14	19	18	19	18	15
Total Non-Interest Income	8.16	7.53	8.07	-0.55	8.60	11	7.45	9.18	8.98	-24
Other Service Charges	4.49	3.84	4.67	5.38	4.30	4.30	4.48	4.76	4.49	4.18
Net Realized & Unrealized Capital Gains on Investments	-0.00	-0.01	-0.50	-9.68	0.40	0.15	-0.72	0.18	0.43	-35
Other Non-Interest Income	3.68	3.70	3.91	3.75	3.91	6.79	3.70	4.24	4.05	6.94
Provision for Credit Losses	1.52	0.97	0.18	1.08	2.38	1.16	5.28	2.19	4.10	2.88
Total Non-Interest Expense	48	45	44	48	43	48	46	46	43	47
Salaries and Employee Benefits	32	31	31	32	29	28	28	28	28	27
Net Occupancy & Equipment Expense	9.64	9.08	9.58	9.34	9.30	9.74	9.94	9.97	9.72	9.43
Marketing Expense	0.77	0.65	0.69	0.79	0.83	0.50	0.63	0.66	0.77	0.46
Property & Liability Insurance Claims	0.65	0.67	0.69	1.73	1.20	5.02	2.36	1.88	1.52	1.83
Other Operating Expenses	4.06	3.45	1.88	3.02	2.79	3.57	5.20	5.39	3.07	3.92
Restructuring Charge	1.20	0.13	0.00	0.27	0.01	0.33	0.02	0.69	0.02	0.93
Income Tax Expense	7.04	8.55	6.14	0.26	2.71	0.87	-0.13	0.28	1.13	-5.54
Basic Earnings per Share	$0.20	$0.20	$0.18	$0.02	$0.09	$0.06	($0.01)	$0.04	$0.06	($0.20)
Weighted Average Basic Shares Outstanding	106.93M	105.58M	104.63M	102.41M	101.97M	102.66M	101.75M	101.65M	101.62M	101.68M
Diluted Earnings per Share	$0.19	$0.20	$0.18	$0.02	$0.09	$0.06	($0.01)	$0.04	$0.06	($0.20)
Weighted Average Diluted Shares Outstanding	107.53M	106.19M	105.15M	102.52M	102.10M	102.89M	101.99M	101.65M	101.83M	101.84M
Weighted Average Basic & Diluted Shares Outstanding	109.58M	107.97M	105.81M	105.37M	104.91M	104.92M	104.81M	104.73M	104.72M	104.73M

This table details how cash moves in and out of Columbia Financial's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	9/30/2016	9/30/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	2.52	55	-23	33	347	-352	108	244	-134
Net Cash From Operating Activities	59	36	57	22	49	99	142	41	33
Net Cash From Continuing Operating Activities	59	36	57	22	49	99	142	41	33
Net Income / (Loss) Continuing Operations	33	31	23	55	58	92	86	36	-12
Consolidated Net Income / (Loss)	33	31	23	55	58	92	86	36	-12
Provision For Loan Losses	0.42	6.43	6.68	4.22	18	-9.95	5.49	4.79	14
Depreciation Expense	3.18	3.36	3.84	4.88	6.54	6.72	7.32	7.77	8.22
Amortization Expense	2.81	2.52	3.98	2.48	4.86	12	15	14	9.95
Non-Cash Adjustments to Reconcile Net Income	17	-4.07	26	5.24	11	17	18	15	33
Changes in Operating Assets and Liabilities, net	2.90	-3.37	-6.67	-50	-49	-18	10	-36	-21
Net Cash From Investing Activities	-291	-330	-943	-521	258	-444	-615	40	39
Net Cash From Continuing Investing Activities	-291	-330	-943	-522	258	-444	-615	40	39
Purchase of Property, Leasehold Improvements and Equipment	-3.67	-6.53	-13	-19	-4.62	-5.49	-7.20	-7.64	-7.45
Purchase of Investment Securities	-597	-679	-1,125	-951	-409	-1,287	-290	-253	-562
Sale of Property, Leasehold Improvements and Equipment	0.00	0.02	0.01	0.00	0.00	1.88	1.77	0.00	1.22
Divestitures	-	-	-	-	155	20	141	0.00	0.00
Sale and/or Maturity of Investments	310	355	195	449	516	827	528	612	605
Other Investing Activities, net	0.00	0.00	-	-	-	-	-988	-311	2.25
Net Cash From Financing Activities	234	350	863	533	41	-7.09	581	164	-207
Net Cash From Continuing Financing Activities	234	350	863	533	41	-7.09	581	164	-207
Net Change in Deposits	250	301	151	449	800	581	-72	-155	250
Issuance of Debt	34	168	521	140	90	-177	783	536	271
Issuance of Common Equity	0.00	0.00	492	1.11	-	0.00	0.00	0.01	0.00
Repayment of Debt	-55	-117	-210	-4.92	-737	-307	-39	-135	-723
Repurchase of Common Equity	-	-	0.00	-55	-108	-108	-94	-80	-5.89
Other Financing Activities, Net	4.51	-2.06	-39	3.12	-4.12	3.02	2.64	-2.60	1.03
Cash Interest Paid	45	44	62	87	76	38	41	184	274
Cash Income Taxes Paid	8.04	28	21	-2.89	11	16	16	9.25	0.94

This table details how cash moves in and out of Columbia Financial's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	-7.10	77	140	-226	111	219	-50	18	-108	5.72
Net Cash From Operating Activities	37	30	-3.61	34	43	-32	14	19	-28	29
Net Cash From Continuing Operating Activities	37	30	-3.61	34	43	-32	14	19	-28	29
Net Income / (Loss) Continuing Operations	21	22	19	1.66	9.13	6.57	-1.16	4.54	6.19	-21
Consolidated Net Income / (Loss)	21	22	19	1.66	9.13	6.57	-1.16	4.54	6.19	-21
Provision For Loan Losses	1.52	0.97	0.18	1.08	2.38	1.16	5.28	2.19	4.10	2.88
Depreciation Expense	1.85	1.86	1.87	1.95	1.99	1.96	2.01	2.06	2.05	2.10
Amortization Expense	3.87	3.49	3.51	3.61	3.53	2.90	2.73	2.36	2.50	2.36
Non-Cash Adjustments to Reconcile Net Income	-4.04	17	1.35	8.11	1.19	4.08	1.96	2.72	-0.13	29
Changes in Operating Assets and Liabilities, net	13	-16	-29	17	25	-49	3.32	4.70	-43	14
Net Cash From Investing Activities	-306	-321	-64	308	-142	-63	-49	-104	13	180
Net Cash From Continuing Investing Activities	-306	-321	-64	308	-142	-63	-49	-104	13	180
Purchase of Property, Leasehold Improvements and Equipment	-2.48	-2.34	-1.73	-1.09	-2.50	-2.32	-1.67	-1.38	-2.78	-1.62
Purchase of Investment Securities	-388	589	-62	-23	-90	-78	-149	-138	-30	-245
Sale of Property, Leasehold Improvements and Equipment	-	0.76	-	-	-	-	-	-	-	-0.05
Sale and/or Maturity of Investments	84	79	130	367	50	64	52	45	95	413
Other Investing Activities, net	-	-	-131	-35	-99	-47	49	-9.81	-50	13
Net Cash From Financing Activities	261	368	207	-568	210	314	-15	103	-92	-203
Net Cash From Continuing Financing Activities	261	368	207	-568	210	314	-15	103	-92	-203
Net Change in Deposits	32	-64	-327	40	-11	143	-17	-48	177	138
Issuance of Debt	291	492	590	-328	50	225	17	208	-158	204
Repayment of Debt	-37	-39	-10	-258	186	-53	-15	-55	-105	-547
Other Financing Activities, Net	-6.06	0.95	2.11	0.45	-6.11	0.95	2.21	1.88	-5.55	2.49
Cash Interest Paid	10	18	28	46	50	60	66	69	71	69
Cash Income Taxes Paid	1.31	2.50	0.58	5.47	0.23	2.97	0.66	0.01	-0.05	0.32

This table presents Columbia Financial's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2017	2019	2020	2021	2022	2023	2024
Period end date	9/30/2017	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	5,429	8,189	8,799	9,224	10,408	10,646	10,475
Cash and Due from Banks	101	75	423	71	179	846	578
Interest Bearing Deposits at Other Banks	-	0.13	0.17	0.26	0.13	0.11	0.11
Trading Account Securities	690	1,387	1,585	2,136	1,754	1,098	1,033
Loans and Leases, Net of Allowance	0.00	-62	6,107	6,298	7,625	7,819	7,857
Loans and Leases	-	-	6,182	6,361	7,678	7,875	7,917
Allowance for Loan and Lease Losses	-	62	75	63	53	55	60
Premises and Equipment, Net	41	73	76	79	84	84	82
Intangible Assets	6.02	69	87	92	125	123	121
Other Assets	284	6,646	516	6,846	642	697	701
Total Liabilities & Shareholders' Equity	5,429	8,189	8,799	9,224	10,408	10,646	10,475
Total Liabilities	4,953	7,206	7,787	8,145	9,355	9,605	9,395
Non-Interest Bearing Deposits	4,123	5,646	6,779	7,570	8,001	7,847	8,096
Interest Bearing Deposits	27	36	33	36	45	44	45
Long-Term Debt	733	1,407	799	377	1,127	1,529	1,081
Other Long-Term Liabilities	70	118	177	161	181	186	173
Total Equity & Noncontrolling Interests	476	983	1,011	1,079	1,054	1,040	1,080
Total Preferred & Common Equity	476	983	1,011	1,079	1,054	1,040	1,080
Preferred Stock	-	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	476	983	1,011	1,079	1,054	1,038	1,078
Common Stock	-	531	609	667	779	790	798
Retained Earnings	522	615	673	765	858	894	882
Treasury Stock	-	-55	-163	-272	-372	-454	-461
Accumulated Other Comprehensive Income / (Loss)	-46	-69	-70	-46	-179	-159	-110
Other Equity Adjustments	-	-41	-38	-35	-32	-32	-30

This table presents Columbia Financial's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	10,012	10,635	10,085	10,324	10,638	10,764	10,687
Cash and Due from Banks	102	319	93	204	747	782	283
Interest Bearing Deposits at Other Banks	0.13	0.11	0.11	0.11	0.11	0.11	0.11
Trading Account Securities	1,800	1,693	1,417	1,434	1,192	1,268	1,678
Loans and Leases, Net of Allowance	7,274	7,734	7,707	7,786	7,760	7,762	7,799
Loans and Leases	7,326	7,787	7,760	7,841	7,816	7,819	7,857
Allowance for Loan and Lease Losses	52	53	53	54	55	57	58
Premises and Equipment, Net	84	84	83	83	83	83	82
Intangible Assets	126	125	125	124	123	122	122
Other Assets	625	8,414	661	691	708	727	722
Total Liabilities & Shareholders' Equity	10,012	10,635	10,085	10,324	10,638	10,764	10,687
Total Liabilities	8,983	9,596	9,062	9,316	9,599	9,717	9,607
Non-Interest Bearing Deposits	8,065	7,674	7,714	7,703	7,829	7,782	7,958
Interest Bearing Deposits	44	48	48	42	46	48	43
Long-Term Debt	674	1,707	1,120	1,356	1,530	1,684	1,421
Other Long-Term Liabilities	199	167	180	214	194	204	186
Total Equity & Noncontrolling Interests	1,030	1,039	1,023	1,007	1,038	1,047	1,079
Total Preferred & Common Equity	1,030	1,039	1,023	1,007	1,038	1,047	1,079
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	1,030	1,039	1,023	1,007	1,036	1,045	1,079
Common Stock	778	782	785	788	792	795	796
Retained Earnings	836	876	878	887	892	897	903
Treasury Stock	-349	-420	-442	-452	-456	-460	-461
Accumulated Other Comprehensive Income / (Loss)	-201	-168	-166	-185	-161	-155	-131
Other Equity Adjustments	-33	-32	-32	-31	-32	-31	-28

This table displays calculated financial ratios and metrics derived from Columbia Financial's official financial filings.

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	9/30/2016	9/30/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	9.04%	18.33%	9.85%	23.94%	7.56%	9.27%	-21.51%	-22.88%
EBITDA Growth	0.00%	-4.99%	-21.69%	89.12%	11.76%	64.75%	-3.71%	-51.55%	-96.64%
EBIT Growth	0.00%	-5.38%	-28.51%	111.18%	7.28%	65.47%	-7.37%	-60.60%	-134.55%
NOPAT Growth	0.00%	-5.71%	-26.83%	140.66%	5.27%	59.80%	-6.38%	-58.12%	-130.86%
Net Income Growth	0.00%	-5.71%	-26.83%	140.66%	5.27%	59.80%	-6.38%	-58.12%	-132.29%
EPS Growth	0.00%	0.00%	0.00%	145.00%	6.12%	69.23%	-7.95%	-56.79%	-131.43%
Operating Cash Flow Growth	0.00%	-38.91%	57.03%	-61.44%	124.73%	101.26%	44.02%	-71.36%	-18.16%
Free Cash Flow Firm Growth	0.00%	0.00%	204.57%	-289.56%	127.26%	-29.88%	-242.97%	44.79%	212.66%
Invested Capital Growth	0.00%	0.00%	-100.00%	0.00%	-24.23%	-19.57%	49.73%	17.81%	-15.88%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	-0.26%	2.76%	-7.65%	-15.85%
EBITDA Q/Q Growth	0.00%	0.00%	4,826.01%	505.81%	570.46%	7.61%	-1.55%	-25.86%	-93.85%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	3.91%	-1.28%	-33.31%	-187.01%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	3.00%	-1.65%	-29.80%	-169.01%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	3.00%	-1.65%	-29.80%	-172.20%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	4.76%	-2.41%	-28.57%	-173.33%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	485.92%	-74.73%	28,086.21%	-8.94%	-0.89%	-60.52%	218.78%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	-6,015.94%	619.91%	30.73%	-487.98%	42.11%	430.76%
Invested Capital Q/Q Growth	0.00%	0.00%	-100.00%	12.66%	-10.92%	-18.20%	28.00%	8.69%	-13.55%
Profitability Metrics	-	-	-	-	-	-	-	-	-
EBITDA Margin	38.73%	33.74%	22.33%	38.45%	34.67%	53.10%	46.79%	28.88%	1.26%
EBIT Margin	34.57%	30.00%	18.12%	34.84%	30.16%	46.40%	39.33%	19.74%	-8.85%
Profit (Net Income) Margin	22.89%	19.80%	12.24%	26.82%	22.78%	33.85%	29.00%	15.47%	-6.48%
Tax Burden Percent	66.23%	66.00%	67.55%	76.98%	75.54%	72.95%	73.73%	78.36%	73.24%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	33.77%	34.00%	32.45%	23.02%	24.46%	27.05%	26.27%	21.64%	0.00%
Return on Invested Capital (ROIC)	0.00%	5.14%	3.76%	4.58%	2.74%	5.64%	4.74%	1.52%	-0.47%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	5.14%	3.76%	4.58%	2.74%	5.64%	4.74%	1.52%	-0.51%
Return on Net Nonoperating Assets (RNNOA)	0.00%	7.92%	5.79%	6.56%	3.04%	3.17%	3.34%	1.93%	-0.63%
Return on Equity (ROE)	0.00%	13.06%	9.55%	11.14%	5.78%	8.81%	8.08%	3.45%	-1.10%
Cash Return on Invested Capital (CROIC)	0.00%	-194.86%	203.76%	-195.42%	30.31%	27.32%	-35.09%	-14.83%	16.78%
Operating Return on Assets (OROA)	0.00%	0.87%	1.24%	1.74%	0.90%	1.40%	1.19%	0.44%	-0.15%
Return on Assets (ROA)	0.00%	0.57%	0.84%	1.34%	0.68%	1.02%	0.88%	0.34%	-0.11%
Return on Common Equity (ROCE)	0.00%	13.06%	9.55%	11.14%	5.78%	8.81%	8.08%	3.44%	-1.10%
Return on Equity Simple (ROE_SIMPLE)	0.00%	6.53%	0.00%	5.57%	5.70%	8.53%	8.18%	3.47%	-1.08%
Net Operating Profit after Tax (NOPAT)	33	31	23	55	58	92	86	36	-11
NOPAT Margin	22.89%	19.80%	12.24%	26.82%	22.78%	33.85%	29.00%	15.47%	-6.19%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.04%
SG&A Expenses to Revenue	52.79%	52.65%	45.21%	55.41%	52.52%	49.07%	52.41%	69.29%	83.98%
Operating Expenses to Revenue	65.14%	65.91%	78.28%	63.09%	62.54%	57.26%	58.83%	78.21%	100.81%
Earnings before Interest and Taxes (EBIT)	50	47	34	71	76	126	117	46	-16
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	56	53	41	78	88	144	139	67	2.27
Valuation Ratios	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	0.00	0.00	1.97	1.73	2.05	2.25	1.95	1.54
Price to Tangible Book Value (P/TBV)	0.00	0.00	0.00	2.12	1.90	2.25	2.55	2.21	1.73
Price to Revenue (P/Rev)	0.00	0.00	9.54	9.48	6.93	8.15	7.97	8.67	9.20
Price to Earnings (P/E)	0.00	0.00	77.94	35.34	30.43	24.09	27.49	56.05	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	0.00%	0.00%	1.28%	2.83%	3.29%	4.15%	3.64%	1.78%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.00	0.00	1.37	1.18	1.73	1.52	1.05	1.00
Enterprise Value to Revenue (EV/Rev)	0.00	0.00	9.54	16.01	8.42	9.28	11.16	11.60	12.00
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	42.72	41.63	24.29	17.47	23.85	40.15	952.69
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	52.64	45.94	27.92	20.00	28.38	58.74	0.00
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	77.94	59.68	36.97	27.41	38.49	74.96	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	31.31	149.63	43.42	25.57	23.33	66.43	64.76
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	1.44	0.00	3.35	5.65	0.00	0.00	5.44
Leverage & Solvency	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	1.54	0.00	1.43	0.79	0.35	1.07	1.47	1.00
Long-Term Debt to Equity	0.00	1.54	0.00	1.43	0.79	0.35	1.07	1.47	1.00
Financial Leverage	0.00	1.54	1.54	1.43	1.11	0.56	0.71	1.27	1.23
Leverage Ratio	0.00	11.41	11.41	8.33	8.52	8.62	9.21	10.05	9.96
Compound Leverage Factor	0.00	11.41	11.41	8.33	8.52	8.62	9.21	10.05	9.96
Debt to Total Capital	0.00%	60.63%	0.00%	58.88%	44.15%	25.91%	51.68%	59.50%	50.01%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	60.63%	0.00%	58.88%	44.15%	25.91%	51.68%	59.50%	50.01%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	0.00%	39.37%	0.00%	41.12%	55.85%	74.09%	48.32%	40.41%	49.88%
Debt to EBITDA	0.00	13.84	0.00	17.94	9.12	2.61	8.10	22.69	477.09
Net Debt to EBITDA	0.00	11.94	0.00	16.97	4.29	2.12	6.82	10.13	221.70
Long-Term Debt to EBITDA	0.00	13.84	0.00	17.94	9.12	2.61	8.10	22.69	477.09
Debt to NOPAT	0.00	23.59	0.00	25.71	13.88	4.10	13.08	42.36	-97.03
Net Debt to NOPAT	0.00	20.34	0.00	24.33	6.53	3.33	11.00	18.90	-45.09
Long-Term Debt to NOPAT	0.00	23.59	0.00	25.71	13.88	4.10	13.08	42.36	-97.03
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.11%	0.22%
Liquidity Ratios	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-1,178	1,232	-2,335	636	446	-638	-352	397
Operating Cash Flow to CapEx	1,609.60%	553.63%	426.67%	112.82%	1,060.64%	2,731.91%	2,617.05%	533.28%	535.02%
Free Cash Flow to Firm to Interest Expense	0.00	-26.50	19.78	-26.32	8.59	12.06	-14.88	-1.86	1.45
Operating Cash Flow to Interest Expense	1.34	0.81	0.91	0.25	0.66	2.67	3.31	0.22	0.12
Operating Cash Flow Less CapEx to Interest Expense	1.26	0.66	0.70	0.03	0.60	2.57	3.19	0.17	0.10
Efficiency Ratios	-	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.03	0.07	0.05	0.03	0.03	0.03	0.02	0.02
Fixed Asset Turnover	0.00	3.84	0.00	0.00	3.40	3.52	3.66	2.79	2.18
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-
Invested Capital	0.00	1,209	0.00	2,390	1,811	1,456	2,181	2,569	2,161
Invested Capital Turnover	0.00	0.26	0.31	0.17	0.12	0.17	0.16	0.10	0.08
Increase / (Decrease) in Invested Capital	0.00	1,209	-1,209	2,390	-579	-354	724	388	-408
Enterprise Value (EV)	0.00	0.00	1,772	3,265	2,129	2,523	3,317	2,705	2,158
Market Capitalization	0.00	0.00	1,772	1,934	1,753	2,217	2,369	2,023	1,656
Book Value per Share	$0.00	$0.00	$0.00	$8.61	$8.98	$10.15	$9.62	$9.89	$10.29
Tangible Book Value per Share	$0.00	$0.00	$0.00	$8.01	$8.20	$9.29	$8.47	$8.72	$9.14
Total Capital	0.00	1,209	0.00	2,390	1,811	1,456	2,181	2,569	2,161
Total Debt	0.00	733	0.00	1,407	799	377	1,127	1,529	1,081
Total Long-Term Debt	0.00	733	0.00	1,407	799	377	1,127	1,529	1,081
Net Debt	0.00	632	0.00	1,331	376	306	948	682	502
Capital Expenditures (CapEx)	3.67	6.51	13	19	4.62	3.61	5.43	7.64	6.23
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.52
Net Nonoperating Obligations (NNO)	0.00	733	0.00	1,407	799	377	1,127	1,529	1,081
Total Depreciation and Amortization (D&A)	5.99	5.88	7.82	7.36	11	18	22	21	18
Earnings Adjustments	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	$0.20	$0.00	$0.52	$0.88	$0.82	$0.35	($0.11)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	115.89M	0.00	109.67M	104.16M	105.58M	102.66M	101.68M
Adjusted Diluted Earnings per Share	$0.00	$0.00	$0.20	$0.00	$0.52	$0.88	$0.81	$0.35	($0.11)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	115.89M	0.00	109.67M	104.16M	106.19M	102.89M	101.84M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.20	$0.00	$0.52	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	111.40M	0.00	109.76M	106.70M	107.97M	104.92M	104.73M
Normalized Net Operating Profit after Tax (NOPAT)	33	31	23	57	60	95	88	37	-7.56
Normalized NOPAT Margin	22.89%	19.80%	12.24%	27.86%	23.71%	34.83%	29.69%	15.78%	-4.20%
Pre Tax Income Margin	34.57%	30.00%	18.12%	34.84%	30.16%	46.40%	39.33%	19.74%	-8.85%
Debt Service Ratios	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.13	1.06	0.54	0.80	1.03	3.41	2.72	0.24	-0.06
NOPAT to Interest Expense	0.75	0.70	0.37	0.62	0.78	2.49	2.01	0.19	-0.04
EBIT Less CapEx to Interest Expense	1.05	0.91	0.33	0.58	0.97	3.31	2.60	0.20	-0.08
NOPAT Less CapEx to Interest Expense	0.67	0.55	0.15	0.40	0.71	2.39	1.88	0.15	-0.06
Payout Ratios	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	101.08%	187.78%	117.08%	109.08%	223.07%	-50.58%

This table displays calculated financial ratios and metrics derived from Columbia Financial's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	16.74%	11.76%	-1.19%	-31.78%	-26.12%	-25.46%	-27.97%	5.25%	-5.03%	-59.87%
EBITDA Growth	-0.94%	-5.75%	-8.48%	-79.52%	-48.48%	-65.66%	-88.57%	23.49%	-31.61%	-281.48%
EBIT Growth	-2.56%	-4.74%	-9.79%	-93.79%	-57.67%	-75.58%	-105.16%	150.86%	-38.18%	-459.98%
NOPAT Growth	-0.30%	-6.18%	-8.24%	-92.75%	-56.36%	-69.99%	-104.80%	172.84%	-32.26%	-385.17%
Net Income Growth	-0.30%	-6.18%	-8.24%	-92.75%	-56.36%	-69.99%	-106.17%	172.84%	-32.26%	-423.08%
EPS Growth	-5.00%	-9.09%	-10.00%	-90.91%	-52.63%	-70.00%	-105.56%	100.00%	-33.33%	-433.33%
Operating Cash Flow Growth	881.19%	-4.09%	-110.98%	-19.96%	15.50%	-208.43%	491.80%	-44.61%	-165.39%	189.00%
Free Cash Flow Firm Growth	-64.19%	-286.01%	-554.73%	-307.79%	-765.75%	45.64%	113.96%	9.90%	80.03%	201.96%
Invested Capital Growth	-4.32%	49.73%	87.38%	43.42%	38.74%	17.81%	-6.45%	27.42%	5.76%	-15.88%
Revenue Q/Q Growth	4.23%	-1.81%	-9.20%	-26.59%	12.88%	-0.94%	-12.26%	7.27%	1.86%	-58.14%
EBITDA Q/Q Growth	-7.86%	6.27%	-15.48%	-75.26%	131.81%	-29.17%	-71.86%	167.26%	28.38%	-287.95%
EBIT Q/Q Growth	-9.56%	8.87%	-18.33%	-92.27%	516.09%	-37.19%	-117.27%	475.31%	51.82%	-465.79%
NOPAT Q/Q Growth	-8.89%	4.65%	-14.47%	-91.11%	448.68%	-28.05%	-113.68%	605.12%	36.23%	-402.87%
Net Income Q/Q Growth	-8.89%	4.65%	-14.47%	-91.11%	448.68%	-28.05%	-117.58%	493.07%	36.23%	-443.14%
EPS Q/Q Growth	-13.64%	5.26%	-10.00%	-88.89%	350.00%	-33.33%	-116.67%	500.00%	50.00%	-433.33%
Operating Cash Flow Q/Q Growth	-10.60%	-20.05%	-112.05%	1,029.43%	29.01%	-175.06%	143.53%	31.40%	-252.30%	202.16%
Free Cash Flow Firm Q/Q Growth	-68.61%	-818.43%	-79.61%	48.70%	-0.58%	41.34%	146.14%	-430.98%	77.71%	399.58%
Invested Capital Q/Q Growth	14.01%	28.00%	25.90%	-21.94%	10.29%	8.69%	-0.02%	6.31%	-8.45%	-13.55%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	43.56%	47.14%	43.88%	14.79%	30.37%	21.71%	6.96%	17.35%	21.87%	-98.19%
EBIT Margin	36.16%	40.10%	36.06%	3.80%	20.72%	13.14%	-2.59%	9.05%	13.49%	-117.83%
Profit (Net Income) Margin	27.06%	28.83%	27.16%	3.29%	15.98%	11.61%	-2.33%	8.52%	11.40%	-93.45%
Tax Burden Percent	74.82%	71.92%	75.31%	86.62%	77.14%	88.36%	89.95%	94.21%	84.54%	79.31%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	25.18%	28.08%	24.69%	13.38%	22.86%	11.64%	0.00%	5.79%	15.46%	0.00%
Return on Invested Capital (ROIC)	4.49%	4.71%	3.82%	0.49%	1.99%	1.14%	-0.15%	0.76%	1.00%	-6.27%
ROIC Less NNEP Spread (ROIC-NNEP)	4.49%	4.71%	3.82%	0.49%	1.99%	1.14%	-0.16%	0.76%	1.00%	-6.46%
Return on Net Nonoperating Assets (RNNOA)	3.10%	3.32%	3.95%	0.36%	1.98%	1.45%	-0.25%	1.03%	1.33%	-7.95%
Return on Equity (ROE)	7.59%	8.04%	7.77%	0.86%	3.96%	2.59%	-0.40%	1.78%	2.34%	-14.23%
Cash Return on Invested Capital (CROIC)	9.44%	-35.09%	-56.80%	-32.20%	-29.93%	-14.83%	7.27%	-23.33%	-4.93%	16.78%
Operating Return on Assets (OROA)	1.09%	1.21%	1.08%	0.10%	0.51%	0.29%	-0.05%	0.19%	0.27%	-2.01%
Return on Assets (ROA)	0.81%	0.87%	0.81%	0.09%	0.40%	0.26%	-0.05%	0.18%	0.23%	-1.59%
Return on Common Equity (ROCE)	7.59%	8.04%	7.77%	0.86%	3.96%	2.58%	-0.40%	1.78%	2.34%	-14.20%
Return on Equity Simple (ROE_SIMPLE)	8.51%	0.00%	8.13%	6.18%	5.10%	0.00%	1.56%	1.82%	1.50%	0.00%
Net Operating Profit after Tax (NOPAT)	21	22	19	1.66	9.13	6.57	-0.90	4.54	6.19	-19
NOPAT Margin	27.06%	28.83%	27.16%	3.29%	15.98%	11.61%	-1.81%	8.52%	11.40%	-82.48%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.02%	0.00%	0.00%	0.19%
SG&A Expenses to Revenue	54.24%	53.03%	60.09%	84.15%	68.10%	68.40%	76.69%	71.89%	70.45%	160.58%
Operating Expenses to Revenue	61.88%	58.63%	63.68%	94.07%	75.12%	84.82%	91.96%	86.83%	78.95%	205.17%
Earnings before Interest and Taxes (EBIT)	28	30	25	1.92	12	7.43	-1.28	4.82	7.32	-27
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	34	36	30	7.48	17	12	3.46	9.24	12	-22
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	2.27	2.25	1.90	1.79	1.64	1.95	1.74	1.50	1.66	1.54
Price to Tangible Book Value (P/TBV)	2.58	2.55	2.16	2.04	1.87	2.21	1.98	1.70	1.87	1.73
Price to Revenue (P/Rev)	8.07	7.97	6.66	6.71	6.55	8.67	8.44	7.24	8.36	9.20
Price to Earnings (P/E)	26.65	27.49	23.36	28.95	32.20	56.05	111.41	82.22	110.77	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Earnings Yield	3.75%	3.64%	4.28%	3.45%	3.11%	1.78%	0.90%	1.22%	0.90%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.71	1.52	1.22	1.33	1.19	1.05	1.01	0.90	1.17	1.00
Enterprise Value to Revenue (EV/Rev)	10.05	11.16	11.34	10.47	11.11	11.60	12.10	11.41	13.68	12.00
Enterprise Value to EBITDA (EV/EBITDA)	20.58	23.85	24.66	26.65	30.89	40.15	63.81	58.36	79.36	952.69
Enterprise Value to EBIT (EV/EBIT)	24.55	28.38	29.43	33.53	40.65	58.74	130.07	108.35	159.96	0.00
Enterprise Value to NOPAT (EV/NOPAT)	33.18	38.49	39.78	45.20	54.61	74.96	159.75	129.47	181.23	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	20.27	23.33	31.80	29.35	27.22	66.43	44.29	56.80	0.00	64.76
Enterprise Value to Free Cash Flow (EV/FCFF)	17.68	0.00	0.00	0.00	0.00	0.00	13.40	0.00	0.00	5.44
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.65	1.07	1.64	1.10	1.35	1.47	1.47	1.61	1.32	1.00
Long-Term Debt to Equity	0.65	1.07	1.64	1.10	1.35	1.47	1.47	1.61	1.32	1.00
Financial Leverage	0.69	0.71	1.03	0.73	1.00	1.27	1.56	1.36	1.33	1.23
Leverage Ratio	9.32	9.21	9.59	9.46	9.98	10.05	10.24	10.07	10.07	9.96
Compound Leverage Factor	9.32	9.21	9.59	9.46	9.98	10.05	10.24	10.07	10.07	9.96
Debt to Total Capital	39.56%	51.68%	62.16%	52.27%	57.38%	59.50%	59.59%	61.67%	56.83%	50.01%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	39.56%	51.68%	62.16%	52.27%	57.38%	59.50%	59.59%	61.67%	56.83%	50.01%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	60.44%	48.32%	37.84%	47.73%	42.62%	40.41%	40.33%	38.25%	43.17%	49.88%
Debt to EBITDA	4.77	8.10	12.52	10.45	14.93	22.69	37.71	39.77	38.55	477.09
Net Debt to EBITDA	4.05	6.82	10.18	9.58	12.67	10.13	19.31	21.30	30.86	221.70
Long-Term Debt to EBITDA	4.77	8.10	12.52	10.45	14.93	22.69	37.71	39.77	38.55	477.09
Debt to NOPAT	7.69	13.08	20.20	17.73	26.38	42.36	94.42	88.24	88.03	-97.03
Net Debt to NOPAT	6.53	11.00	16.42	16.25	22.40	18.90	48.34	47.25	70.46	-45.09
Long-Term Debt to NOPAT	7.69	13.08	20.20	17.73	26.38	42.36	94.42	88.24	88.03	-97.03
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.11%	0.10%	0.11%	0.00%	0.22%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	98	-702	-1,262	-647	-651	-382	176	-583	-130	389
Operating Cash Flow to CapEx	1,509.79%	1,897.78%	-209.16%	3,079.34%	1,731.91%	-1,397.89%	845.96%	1,348.87%	-1,018.69%	1,731.58%
Free Cash Flow to Firm to Interest Expense	9.07	-35.95	-39.40	-14.38	-13.05	-6.14	2.65	-8.42	-1.84	5.79
Operating Cash Flow to Interest Expense	3.48	1.53	-0.11	0.75	0.87	-0.52	0.21	0.27	-0.40	0.43
Operating Cash Flow Less CapEx to Interest Expense	3.25	1.45	-0.17	0.72	0.82	-0.56	0.19	0.25	-0.44	0.41
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.03	0.03	0.03	0.03	0.02	0.02	0.02	0.02	0.02	0.02
Fixed Asset Turnover	3.64	3.66	3.67	3.27	3.01	2.79	2.56	2.62	2.58	2.18
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	1,704	2,181	2,746	2,143	2,364	2,569	2,568	2,731	2,500	2,161
Invested Capital Turnover	0.17	0.16	0.14	0.15	0.12	0.10	0.08	0.09	0.09	0.08
Increase / (Decrease) in Invested Capital	-77	724	1,280	649	660	388	-177	588	136	-408
Enterprise Value (EV)	2,907	3,317	3,361	2,856	2,807	2,705	2,589	2,471	2,925	2,158
Market Capitalization	2,335	2,369	1,974	1,829	1,655	2,023	1,806	1,569	1,788	1,656
Book Value per Share	$9.32	$9.62	$9.62	$9.67	$9.56	$9.89	$9.87	$9.97	$10.30	$10.29
Tangible Book Value per Share	$8.18	$8.47	$8.47	$8.49	$8.38	$8.72	$8.70	$8.80	$9.14	$9.14
Total Capital	1,704	2,181	2,746	2,143	2,364	2,569	2,568	2,731	2,500	2,161
Total Debt	674	1,127	1,707	1,120	1,356	1,529	1,530	1,684	1,421	1,081
Total Long-Term Debt	674	1,127	1,707	1,120	1,356	1,529	1,530	1,684	1,421	1,081
Net Debt	572	948	1,387	1,027	1,152	682	783	902	1,137	502
Capital Expenditures (CapEx)	2.48	1.58	1.73	1.09	2.50	2.32	1.67	1.38	2.78	1.67
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.26	0.00	0.00	2.49
Net Nonoperating Obligations (NNO)	674	1,127	1,707	1,120	1,356	1,529	1,530	1,684	1,421	1,081
Total Depreciation and Amortization (D&A)	5.72	5.35	5.39	5.56	5.51	4.85	4.74	4.42	4.55	4.46
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.20	$0.20	$0.18	$0.02	$0.09	$0.06	($0.01)	$0.04	$0.06	($0.20)
Adjusted Weighted Average Basic Shares Outstanding	106.93M	105.58M	104.63M	102.41M	101.97M	102.66M	101.75M	101.65M	101.62M	101.68M
Adjusted Diluted Earnings per Share	$0.19	$0.20	$0.18	$0.02	$0.09	$0.06	($0.01)	$0.04	$0.06	($0.20)
Adjusted Weighted Average Diluted Shares Outstanding	107.53M	106.19M	105.15M	102.52M	102.10M	102.89M	101.99M	101.65M	101.83M	101.84M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	109.58M	107.97M	105.81M	105.37M	104.91M	104.92M	104.81M	104.73M	104.72M	104.73M
Normalized Net Operating Profit after Tax (NOPAT)	22	22	19	1.89	9.14	6.86	-0.88	5.19	6.20	-18
Normalized NOPAT Margin	28.22%	28.96%	27.16%	3.74%	16.00%	12.12%	-1.78%	9.75%	11.44%	-79.62%
Pre Tax Income Margin	36.16%	40.10%	36.06%	3.80%	20.72%	13.14%	-2.59%	9.05%	13.49%	-117.83%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.60	1.56	0.78	0.04	0.24	0.12	-0.02	0.07	0.10	-0.40
NOPAT to Interest Expense	1.94	1.12	0.58	0.04	0.18	0.11	-0.01	0.07	0.09	-0.28
EBIT Less CapEx to Interest Expense	2.36	1.48	0.72	0.02	0.19	0.08	-0.04	0.05	0.06	-0.42
NOPAT Less CapEx to Interest Expense	1.71	1.04	0.53	0.01	0.13	0.07	-0.04	0.05	0.05	-0.30
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	114.65%	109.08%	141.59%	174.28%	195.54%	223.07%	214.87%	89.45%	50.16%	-50.58%

Financials Breakdown Chart

Key Financial Trends

Columbia Financial, Inc. (NASDAQ: CLBK) experienced notable financial fluctuations over the past two years, influenced by interest income, non-interest earnings, and expense management.

Positive trends include:

Interest income from loans and leases steadily rose from $68.5 million in Q3 2022 to $96.2 million in Q4 2024, signaling growth in core lending operations.
Other service charges increased moderately to $4.18 million in Q4 2024 from roughly $4.3 million in Q3 2022, supporting fee income diversification.
Depreciation and amortization expenses remained relatively consistent, suggesting stable investment in property and equipment and spreading out of costs.
Net cash from continuing operating activities showed strength in recent quarters, including $28.9 million in Q4 2024, demonstrating operational cash flow generation despite net losses.
The allowance for loan and lease losses increased modestly over time, indicating prudent risk management to cover potential credit defaults.
Total assets gradually grew from approximately $10 billion in Q3 2022 to over $10.6 billion by Q3 2024, indicative of asset base expansion.
Equity remained stable near $1.04 billion to $1.08 billion, reflecting a solid capital foundation to support operations and regulatory requirements.
Weighted average shares outstanding have been relatively stable, around 101-105 million, meaning no significant dilution during this period.
Net interest income increased over time, reaching $46.4 million in Q4 2024, up from $48.5 million in Q3 2023 and $68.5 million in Q3 2022, highlighting effective margin management despite fluctuations.

Neutral observations:

Investment securities interest income fluctuated moderately with no clear trend, around $10-14 million per quarter, contributing modestly to revenue.
Sales and purchases of investments have been active and variable, impacting cash flows and investment portfolio size.
Total deposits have been increasing overall, supporting lending growth, but also leading to higher interest expenses on deposits.
Issuance and repayment of debt varied substantially from quarter to quarter, indicating active balance sheet management for funding needs.
Non-interest expenses like salaries, occupancy, and operating expenses stayed generally consistent, with minor rises reflecting inflationary pressures.

Negative trends and risks include:

Significant net realized and unrealized capital losses were recorded in Q4 2024 (-$34.8 million), heavily impacting total non-interest income and resulting in an overall net loss of $21.2 million for that quarter.
Provision for credit losses exhibited modest increases in recent quarters, reaching nearly $2.9 million in Q4 2024, which may suggest rising credit risk or conservative provisioning.
Net income declined sharply from positive earnings in previous quarters to losses in Q4 2024, signaling operational or market pressures that hurt profitability.
Cash flows from operating activities were negative in some quarters, such as Q3 2024 (-$28.3 million), indicating some challenges in operational cash generation at times.
Repurchase of common equity has been ongoing, resulting in cash outflows, which could constrain liquidity if not balanced by earnings or financing activities.

Summary: Columbia Financial has demonstrated growth in interest income and asset size, reflecting lending growth and an expanding financial footprint. Operationally, the company generates positive cash flows frequently but faced challenges in Q4 2024 due to heavy investment losses and overall net loss. Expense management has been stable, though credit loss provisions are slightly higher, potentially indicating increased credit quality concerns. Investors should watch future quarters for profit recovery and stabilization of capital markets exposure, as well as ongoing balance sheet and liquidity management.

10/09/25 01:16 AM ETAI Generated. May Contain Errors.

Frequently Asked Questions About Columbia Financial's Financials

When does Columbia Financial's financial year end?

According to the most recent income statement we have on file, Columbia Financial's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Columbia Financial's net income changed over the last 8 years?

Over the last 8 years, Columbia Financial's net income changed from $32.95 million in 2016 to -$11.65 million in 2024, a change of -135.4%. See where experts think Columbia Financial is headed by visiting Columbia Financial's forecast page.

How has Columbia Financial's revenue changed over the last 8 years?

Over the last 8 years, Columbia Financial's total revenue changed from $143.94 million in 2016 to $179.88 million in 2024, a change of 25.0%.

How much debt does Columbia Financial have?

Columbia Financial's total liabilities were at $9.40 billion at the end of 2024, a 2.2% decrease from 2023, and a 89.7% increase since 2017.

How much cash does Columbia Financial have?

In the past 6 years, Columbia Financial's cash and equivalents has ranged from $70.70 million in 2021 to $846.39 million in 2023, and is currently $578.34 million as of their latest financial filing in 2024.

How has Columbia Financial's book value per share changed over the last 8 years?

Over the last 8 years, Columbia Financial's book value per share changed from 0.00 in 2016 to 10.29 in 2024, a change of 1,029.3%.

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This page (NASDAQ:CLBK) was last updated on 10/9/2025 by MarketBeat.com Staff

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Columbia Financial (CLBK) Financials

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Columbia Financial (CLBK) Financials

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