Columbia Financial, Inc. (CLBK)

Columbia Financial Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	356.43	343.77	263.56	228.84	255.24	217.77
Interest Income on Investments	54.3	51.21	46.11	41.31	40.48	43.31
Total Interest Income	410.73	394.98	309.67	270.15	295.71	261.08
Interest Paid on Deposits	156.49	125.16	27.88	29.11	55.25	61.55
Interest Paid on Borrowings	67.02	63.94	15.02	7.91	18.89	27.16
Total Interest Expense	223.51	189.1	42.89	37.02	74.14	88.71
Net Interest Income	187.21	205.88	266.78	233.13	221.57	172.37
Net Interest Income Growth (YoY)	-29.33%	-22.83%	14.43%	5.22%	28.54%	5.08%
Gain (Loss) on Sale of Investments	-9.93	-10.15	-0.19	0.23	1.14	2.92
Other Non-Interest Income	30.7	31.17	25.12	24.01	21.06	23.46
Total Non-Interest Income	26.76	27.38	30.4	38.83	31.27	31.64
Non-Interest Income Growth (YoY)	-14.87%	-9.94%	-21.71%	24.18%	-1.16%	45.87%
Revenues Before Loan Losses	213.97	233.26	297.18	271.97	252.84	204.01
Provision for Loan Losses	9.89	4.79	5.49	-9.95	18.45	4.22
Revenue	204.08	228.47	291.69	281.92	234.4	199.78
Revenue Growth (YoY)	-30.14%	-21.67%	3.47%	20.27%	17.33%	11.58%
Salaries and Employee Benefits	105.1	108.77	104.64	86.6	88.74	77
Federal Deposit Insurance	10.31	8.64	2.59	2.37	1.9	0.9
Selling, General & Administrative	65.76	62.67	59.26	54.22	49.86	41.96
Other Non-Interest Expense	2.09	1.43	5.52	8.87	14.56	6.1
Total Non-Interest Expense	183.25	181.51	172.01	152.06	155.05	125.95
EBT Excluding Unusual Items	20.83	46.96	119.69	129.85	79.35	73.84
Other Unusual Items	-0.3	-0.3	-	-2.85	-1.16	-
Pretax Income	19.91	46.05	116.88	126.18	76.26	71.08
Income Tax Expense	3.7	9.97	30.7	34.13	18.65	16.37
Earnings From Continuing Operations	16.21	36.09	86.17	92.05	57.6	54.72
Net Income to Common	16.21	36.09	86.17	92.05	57.6	54.72
Basic Shares Outstanding	102	103	106	104	110	111
Diluted Shares Outstanding	102	103	106	104	110	111
Shares Change (YoY)	-4.17%	-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)	0.16	0.35	0.81	0.88	0.52	0.49
EPS Growth	-80.09%	-56.79%	-7.95%	69.23%	6.12%	145.00%
Effective Tax Rate	18.58%	21.64%	26.27%	27.05%	24.46%	23.02%

Source: S&P Capital IQ. Banks template.