Columbia Financial, Inc. (CLBK)

Columbia Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	377.81	343.77	263.56	228.84	255.24	217.77
Interest Income on Investments	67.54	51.21	46.11	41.31	40.48	43.31
Total Interest Income	445.35	394.98	309.67	270.15	295.71	261.08
Interest Paid on Deposits	193.87	125.16	27.88	29.11	55.25	61.55
Interest Paid on Borrowings	74.59	63.94	15.02	7.91	18.89	27.16
Total Interest Expense	268.46	189.1	42.89	37.02	74.14	88.71
Net Interest Income	176.89	205.88	266.78	233.13	221.57	172.37
Net Interest Income Growth (YoY)	-22.73%	-22.83%	14.43%	5.22%	28.54%	5.08%
Gain (Loss) on Sale of Investments	-0.39	-10.15	-0.19	0.23	1.14	2.92
Other Non-Interest Income	30.24	31.17	25.12	24.01	21.06	23.46
Total Non-Interest Income	36.86	27.38	30.4	38.83	31.27	31.64
Non-Interest Income Growth (YoY)	55.81%	-9.94%	-21.71%	24.18%	-1.16%	45.87%
Revenues Before Loan Losses	213.75	233.26	297.18	271.97	252.84	204.01
Provision for Loan Losses	12.73	4.79	5.49	-9.95	18.45	4.22
Revenue	201.02	228.47	291.69	281.92	234.4	199.78
Revenue Growth (YoY)	-18.94%	-21.67%	3.47%	20.27%	17.33%	11.58%
Salaries and Employee Benefits	100.23	108.77	104.64	86.6	88.74	77
Federal Deposit Insurance	10.77	8.64	2.59	2.37	1.9	0.9
Selling, General & Administrative	67.75	62.67	59.26	54.22	49.86	41.96
Other Non-Interest Expense	2.63	1.43	5.52	8.87	14.56	6.1
Total Non-Interest Expense	181.38	181.51	172.01	152.06	155.05	125.95
EBT Excluding Unusual Items	19.65	46.96	119.69	129.85	79.35	73.84
Other Unusual Items	-0.3	-0.3	-	-2.85	-1.16	-
Pretax Income	18.29	46.05	116.88	126.18	76.26	71.08
Income Tax Expense	2.15	9.97	30.7	34.13	18.65	16.37
Net Income	16.14	36.09	86.17	92.05	57.6	54.72
Net Income to Common	16.14	36.09	86.17	92.05	57.6	54.72
Net Income Growth	-68.61%	-58.12%	-6.38%	59.80%	5.27%	140.66%
Basic Shares Outstanding	102	103	106	104	110	111
Diluted Shares Outstanding	102	103	106	104	110	111
Shares Change (YoY)	-2.20%	-3.11%	1.96%	-5.10%	-1.21%	-0.26%
EPS (Basic)	0.16	0.35	0.82	0.88	0.52	0.49
EPS (Diluted)	0.15	0.35	0.81	0.88	0.52	0.49
EPS Growth	-69.63%	-56.79%	-7.95%	69.23%	6.12%	145.00%
Effective Tax Rate	11.74%	21.64%	26.27%	27.05%	24.46%	23.02%

Source: S&P Capital IQ. Banks template. Financial Sources.