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Income Statement
Balance Sheet
Cash Flow Statement

Common Size IS
Op Efficiency
Credit Analysis

Columbia Financial, Inc. (CLBK)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Sep-30-17Sep-30-16
   8-K10-K10-K10-K10-K8-K10-KS-1/A
    Interest income:  
        Interest income on loans   228.8255.2217.8189.9 164.8 
        Interest income on investments       17.9  
        Interest income on repurchase agreements   0.40.40.61.2 0.3 
       309.7270.2295.7261.1226.3189.3184.2169.0
    Interest expense:  
        Interest on deposits   29.155.261.639.5 25.6 
        Interest on borrowings  15.0    19.0 19.9
       42.9313.3536.81,021.7164.046.044.444.0
Net interest income  266.8233.1221.6172.4164.0143.3139.8125.0
Provision for loan losses       9.86.40.4
Net interest income after provision for loan losses  266.8233.1221.6172.4164.0133.5133.4124.6
        Other non-interest income  30.438.831.331.621.716.817.218.9
Total non-interest income  30.438.831.331.621.716.817.218.9
Non-interest expenses  174.8155.7158.1128.7145.4105.4103.493.8
Pre-tax income before non-recurring items  119.7127.078.273.833.044.947.149.8
Non-recurring items  2.80.81.92.8-0.6   
Pre-tax income  116.9126.276.371.133.744.947.149.8
Income taxes  30.734.118.716.410.920.116.016.8
            Tax rate  26.3%27.1%24.5%23.0%32.5%44.8%34.0%33.8%
Net income  86.292.057.654.722.724.831.133.0
            Net margin  28.7%33.8%22.8%26.8%12.2%16.5%20.6%23.0%
   
Basic EPS  $0.82$0.88$0.52$0.49$0.20   
Diluted EPS  $0.81$0.88$0.52$0.49$0.20   
   
Shares outstanding (basic)  105.6104.2109.8111.1111.4   
Shares outstanding (diluted)  106.2104.2109.8111.1111.4   
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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