---
schema_version: "secwatch.filing_event.v1"
accession: "0001723596-24-000186"
form_type: "8-K"
ticker: "CLBK"
cik: "0001723596"
company_name: "Columbia Financial, Inc."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:34:57.527419+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Columbia Financial posts Q1 net loss of $1.2M vs net income $18.7M YoY; NIM shrinks to 1.75%

## Summary
- Net loss of $1.2M ($0.01 diluted EPS) versus net income of $18.7M ($0.18) in Q1 2023.
- Net interest income fell 30.7% to $42.2M; net interest margin dropped 83 bps to 1.75%.
- Provision for credit losses surged to $5.3M from $175k; net charge-offs were $5.0M.
- Non-performing loans rose to $22.9M (0.30% of loans) from $12.6M (0.16%) at Dec 2023.
- Company reaffirms net interest margin stabilization; repurchased 101,516 shares for $1.7M.

## SEC filing metadata
- accession: 0001723596-24-000186
- form_type: 8-K
- ticker: CLBK
- cik: 0001723596
- company_name: Columbia Financial, Inc.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1723596/000172359624000186/0001723596-24-000186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1723596/000172359624000186/clbk-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001723596-24-000186
- JSON: https://secwatch.observer/filing/0001723596-24-000186.json
- Plain text: https://secwatch.observer/filing/0001723596-24-000186.txt

## Key facts
- Earnings Releases
  Columbia Financial, Inc. reported the three months ended March 31, 2024 results: net income net loss of $1.2 million, EPS $0.01 per basic and diluted share.
  - Period: the three months ended March 31, 2024
  - Net income: net loss of $1.2 million
  - EPS: $0.01 per basic and diluted share
  - Result: reported results
  source text: reported a net loss of $1.2 million, or $0.01 per basic and diluted share, for the quarter ended March 31, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723596/000172359624000186/0001723596-24-000186-index.htm

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