Columbia Financial Q4 net income falls 70% to $6.6M; core earnings down 54%

Columbia Financial, Inc.

2023-FY EPS reported $0.35

Net income $6.6M ($0.06 diluted EPS) vs $21.9M ($0.21) in Q4 2022.
Core net income declined 54.3% to $10.1M from $22.2M; higher interest expense and provision for credit losses cited.
Results include a one-time FDIC special assessment; annual meeting set for June 6, 2024.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Columbia Financial, Inc. reported the quarter and year ended December 31, 2023 results: net income $6.6 million, or $0.06 per basic and diluted share.

Period: the quarter and year ended December 31, 2023
Net income: $6.6 million, or $0.06 per basic and diluted share
Result: reported results

Exact text from the filing

Columbia Financial, Inc. Announces Financial Results for the Fourth Quarter and Year Ended December 31, 2023

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Columbia Financial, Inc. filing history →

Source: SEC EDGAR

accession 0001723596-24-000033

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