Columbia Financial, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2023
Columbia Financial, Inc. (CLBK)
Last columbia financial, inc. earnings: 4/29 04:01 pm
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Source: GlobeNewswire
FAIR LAWN, N.J., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), reported net income of $6.6 million, or $0.06 per basic and diluted share, for the quarter ended December 31, 2023, as compared to net income of $21.9 million, or $0.21 per basic and diluted share, for the quarter ended December 31, 2022. Earnings for the quarter ended December 31, 2023 reflected lower net interest income, mainly due to an increase in interest expense, a higher provision for credit losses and higher non-interest expense, which included a one-time Federal Deposit Insurance Corporation special assessment, partially offset by higher non-interest income and a lower income tax expense. For the quarter ended December 31, 2023, the Company reported core net income of $10.1 million, a decrease of $12.0 million, or 54.3%, compared to core net income of $22.2 million for the quar
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CLBK
News
- Columbia Financial, Inc. (NASDAQ: CLBK) had its price target lowered by analysts at Piper Sandler from $19.00 to $17.00. They now have a "neutral" rating on the stock.MarketBeat
- Columbia Financial (CLBK) Lags Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Columbia Financial, Inc. Announces Financial Results for the First Quarter Ended March 31, 2024 [Yahoo! Finance]Yahoo! Finance
- Columbia Financial, Inc. Announces Financial Results for the First Quarter Ended March 31, 2024GlobeNewswire
- Columbia Financial, Inc. (NASDAQ: CLBK) had its "neutral" rating re-affirmed by analysts at Piper Sandler. They now have a $19.00 price target on the stock.MarketBeat
CLBK
Earnings
- 4/30/24 - Miss
CLBK
Sec Filings
- 4/30/24 - Form 8-K
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- CLBK's page on the SEC website