Columbia Financial Inc

Latest Results (15.04.2026):

Columbia Financial, Inc. — quarter ended December 31, 2025 (Q4 2025): The company reported net income of $15.7 million ($0.15 per basic and diluted share) for Q4 2025, reversing a Q4 2024 net loss, driven by higher net interest income, lower provision for credit losses and improved non‑interest income; on a full‑year basis Columbia Financial reported net income of $51.8 million ($0.51 per share) for the year ended December 31, 2025.

Net income (Q4 2025)

Net income was $15.7 million for the quarter ended December 31, 2025, versus a net loss of $21.2 million in Q4 2024 — a $36.9 million improvement year‑over‑year.

Earnings per share

Basic and diluted EPS was $0.15 for Q4 2025, up $0.36 from the prior‑year quarter; full‑year EPS was $0.51 versus a $0.11 loss per share in 2024.

Core net income

Core net income (non‑GAAP) for Q4 2025 was $15.9 million, a 39.6% increase from $11.4 million in Q4 2024; full‑year core net income was $53.0 million, up 128.0% year‑over‑year.

Net interest income & margin

Net interest income for Q4 2025 was $60.2 million (up $13.8 million from Q4 2024). Net interest margin expanded to 2.36% (up 48 basis points versus Q4 2024), driven by higher yields on loans and securities and lower funding costs after the 2024 balance sheet repositioning.

Provision for credit losses & asset quality

Provision for credit losses was $2.1 million in Q4 2025 (down $0.8 million). Non‑performing loans totaled $38.0 million (0.46% of gross loans) and the allowance for credit losses on loans increased to $67.2 million (0.82% of gross loans).

Balance sheet growth

Total assets rose to $11.019 billion at December 31, 2025 (up $543.3 million year‑over‑year). Loans receivable, net increased ~4.7% year‑over‑year to $8.225 billion and total deposits increased $347.9 million to $8.444 billion.

Non‑interest income & expense

Non‑interest income was $8.6 million in Q4 2025 versus a negative $23.7 million in Q4 2024 (the prior quarter included a $34.6 million loss on securities sales). Non‑interest expense was $47.1 million for Q4 2025, up modestly (+1.0%) from Q4 2024.

Capital & liquidity

Total stockholders’ equity increased to $1.161 billion at year‑end. Estimated company total capital to risk‑weighted assets was 14.92% and Tier 1 capital 14.03% at December 31, 2025, reflecting a solid capital position.

Management commentary

CEO Thomas J. Kemly highlighted margin expansion, commercial lending growth, efficiency and infrastructure investments as drivers of the 2025 results and emphasized that the company maintained a strong balance sheet and capital position to benefit from an improving economic environment.