Logo

CLBK

Columbia Financial, Inc.

CLBK

Columbia Financial, Inc. • NASDAQ
$15.83 ▼ -0.50% (-0.08)
Market Cap $1.66 B
52w High $18.33
52w Low $12.64
Dividend Yield 0%
P/E 105.53
Volume 73.60K
Outstanding Shares 104.74M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $129.702M ▲ $59.037M ▲ $6.673M ▼ 5.145% ▼ $0.15 ▲ $12.992M ▼
Q2-2025 $126.664M ▲ $44.906M ▲ $12.305M ▲ 9.715% ▲ $0.12 ▲ $20.197M ▲
Q1-2025 $120.634M ▲ $43.845M ▼ $8.9M ▲ 7.378% ▲ $0.087 ▲ $15.665M ▲
Q4-2024 $89.91M ▼ $46.596M ▲ $-21.223M ▼ -23.605% ▼ $-0.21 ▼ $-23.102M ▼
Q3-2024 $124.865M $42.834M $6.185M 4.953% $0.061 $10.928M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $253.402M ▲ $10.856B ▲ $9.715B ▲ $1.141B ▲
Q2-2025 $248.224M ▼ $10.739B ▲ $9.618B ▲ $1.121B ▲
Q1-2025 $400.862M ▼ $10.608B ▲ $9.508B ▲ $1.1B ▲
Q4-2024 $438.895M ▼ $10.475B ▼ $9.395B ▼ $1.08B ▲
Q3-2024 $1.556B $10.687B $9.607B $1.079B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $14.868M ▲ $30.956M ▲ $-113.464M ▲ $87.686M ▼ $5.178M ▲ $28.119M ▲
Q2-2025 $12.305M ▲ $14.642M ▲ $-130.246M ▲ $107.739M ▼ $-7.865M ▲ $12.922M ▲
Q1-2025 $8.9M ▲ $-1.582M ▼ $-159.018M ▼ $127.466M ▲ $-33.134M ▼ $-4.484M ▼
Q4-2024 $-21.223M ▼ $28.9M ▲ $179.727M ▲ $-202.905M ▼ $5.722M ▲ $27.279M ▲
Q3-2024 $6.185M $-28.289M $12.976M $-92.3M $-107.613M $-31.066M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Deposit Account
Deposit Account
 $0 ▲$0 ▲$0 ▲$0 ▲
Insurance Agency Income
Insurance Agency Income
 $0 ▲$0 ▲$0 ▲$0 ▲
Other NonInterest Income
Other NonInterest Income
 $0 ▲$0 ▲$0 ▲$0 ▲
Title Insurance
Title Insurance
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Revenue has been on a steady upward path over the last several years, showing that the franchise is still growing its top line. The issue is profitability: margins were healthy in the middle of the period but have been squeezed more recently, and the latest year slipped into a small loss instead of the solid profits seen before. That pattern suggests pressure from funding costs, credit, or securities repositioning, and shows that earnings quality is currently weaker than the revenue trend alone would suggest.

Balance Sheet

Balance Sheet The balance sheet is sizable and has expanded over time, reflecting growth in loans and investments, though total assets dipped slightly in the most recent year as management began repositioning. Capital levels have stayed fairly steady, indicating a decent equity cushion relative to the size of the bank. Borrowings rose meaningfully compared with earlier years but have been trimmed back from their peak, which points to active balance sheet management but also some reliance on wholesale funding. Cash levels have moved around, but remain adequate for day‑to‑day needs and leave room for flexibility, assuming stable funding conditions.

Cash Flow

Cash Flow Operating cash flow has been consistently positive, which is a good sign of underlying resilience, even though it has come down from earlier peaks. Free cash flow has also stayed positive after relatively modest spending on technology and physical infrastructure, showing that the business does not require heavy ongoing investment to function. For a bank, cash flows can be volatile year to year due to loan and deposit movements, but the overall pattern here points to a franchise that generally funds itself and its growth from internal cash generation.

Competitive Edge

Competitive Edge Columbia operates as a classic community and regional bank with deep roots in New Jersey, relying on long‑standing local relationships and strong brand recognition. Its focus on commercial real estate and small‑business lending, along with tailored wealth management, gives it a clear niche versus national banks that tend to be more standardized. The bank competes by emphasizing personal service, local decision‑making, and specialized lending structures, which can be hard for larger institutions to replicate at scale. At the same time, it faces intense competition from bigger banks, credit unions, and digital players, so maintaining credit quality and deposit relationships is critical to preserving its edge.

Innovation and R&D

Innovation and R&D While not a pure technology disruptor, Columbia has been deliberate about adopting modern tools to improve efficiency and client experience. The rollout of the nCino cloud platform, upgraded online and mobile banking, integrated treasury management, and partnerships for merchant services and expanded deposit insurance all show a pragmatic approach to innovation: buying and integrating proven solutions rather than building everything in‑house. Management is also repositioning the balance sheet toward higher‑yielding assets and pushing to grow fee‑based lines like wealth management and insurance. Future value from these moves depends on execution, but the direction of travel is clearly toward more digital, more fee income, and better use of data and systems.

Summary

Overall, Columbia Financial looks like a traditional community‑focused bank working through a more challenging earnings period while actively modernizing its operations. Revenue growth and a stable capital base are positives, but recent profit compression and a small loss highlight the sensitivity of the model to interest rates and balance sheet choices. The bank’s strengths lie in its local brand, commercial and small‑business lending expertise, and personalized wealth offerings, supported by targeted technology investments rather than flashy innovation. The key questions going forward are whether management can translate its digital upgrades, balance sheet repositioning, and acquisition strategy into a sustained recovery in margins and more stable, diversified earnings.

NEWS

October 20, 2025 · 4:30 PM UTC

Columbia Financial, Inc. Announces Financial Results for the Third Quarter Ended September 30, 2025

Read more

September 8, 2025 · 6:40 PM UTC

Columbia Financial, Inc. Announces Seventh Stock Repurchase Program

Read more