---
schema_version: "secwatch.filing_event.v1"
accession: "0001723596-23-000035"
form_type: "8-K"
ticker: "CLBK"
cik: "0001723596"
company_name: "Columbia Financial, Inc."
filed_at: "2023-01-25T23:59:59+00:00"
generated_at: "2026-06-20T09:35:00.892145+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Columbia Financial Q4 net income $21.9M ($0.21/share) down 6.2% YoY; full-year net income $86.2M

## Summary
- Net income $21.9M for Q4 2022 vs $23.3M in Q4 2021; EPS $0.21 vs $0.23. Full-year net income $86.2M vs $92.0M.
- Net interest margin expanded 12 bps to 2.91% in Q4; net interest income up 12.2% to $68.4M.
- Provision for credit losses was $1.0M in Q4 vs a $7.4M reversal in Q4 2021; full-year provision $5.5M vs $10.0M reversal.
- Loans receivable net grew 21.1% to $7.6B, including $335.5M from RSI Bank acquisition; total assets $10.4B (+12.8%).
- Board authorized 5th buyback program for up to 3M shares; shares repurchased in 2022 totaled 4.46M at $21.05 each.

## SEC filing metadata
- accession: 0001723596-23-000035
- form_type: 8-K
- ticker: CLBK
- cik: 0001723596
- company_name: Columbia Financial, Inc.
- filed_at: 2023-01-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1723596/000172359623000035/0001723596-23-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1723596/000172359623000035/clbk-20230125.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001723596-23-000035
- JSON: https://secwatch.observer/filing/0001723596-23-000035.json
- Plain text: https://secwatch.observer/filing/0001723596-23-000035.txt

## Key facts
- Earnings Releases
  Columbia Financial, Inc. reported the quarter ended December 31, 2022 results: net income $21.9 million, EPS $0.21 per basic and diluted share.
  - Period: the quarter ended December 31, 2022
  - Net income: $21.9 million
  - EPS: $0.21 per basic and diluted share
  - Result: reported results
  source text: Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), reported net income of $21.9 million, or $0.21 per basic and diluted share, for the quarter ended December 31, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723596/000172359623000035/0001723596-23-000035-index.htm
- Earnings Releases
  Columbia Financial, Inc. reported the year ended December 31, 2022 results: net income $86.2 million, EPS $0.82 per basic and $0.81 per diluted share.
  - Period: the year ended December 31, 2022
  - Net income: $86.2 million
  - EPS: $0.82 per basic and $0.81 per diluted share
  - Result: reported results
  source text: For the year ended December 31, 2022, the Company reported net income of $86.2 million, or $0.82 per basic and $0.81 per diluted share, as compared to net income of $92.0 million, or $0.88 per basic and diluted share, for the year ended December 31, 2021
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723596/000172359623000035/0001723596-23-000035-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.