earnings
confidence high
sentiment positive
materiality 0.65
Columbia Financial posts Q1 net income of $8.9M, reversing year-ago loss; NIM expands 36 bps
Columbia Financial, Inc.
2025-Q1 EPS reported
$0.09
- Net income $8.9M ($0.09/diluted) vs net loss $1.2M ($-0.01) in Q1 2024.
- Net interest income up 19.3% to $50.3M; net interest margin +36bps to 2.11%.
- Provision for credit losses down $2.3M to $2.9M; non-interest expense down $1.8M to $43.8M.
- Loans grew $108.3M to $8.0B; deposits increased $98.8M; total assets $10.6B.
- Non-performing loans rose to $24.9M (0.31% of loans) from $21.7M (0.28%) at Dec 31.