E. Thomas Allen, Jr.
The Company previously disclosed the retirement of E. Thomas Allen, Jr., the current Senior Executive Vice President and Chief Operating Officer of the Company and the Bank, effective as of January 31, 2025.
Highest-materiality recent filing
Shareholders approve conversion and merger with Northfield Bancorp at annual meeting
Plan of Conversion and Reorganization approved with 97.6M votes for, 168k against.
Offering of up to 192,625,000 shares of common stock at $10.00 per share.
Net income of $13.1M ($0.13 per share) for Q1 2026, up 47.2% from $8.9M ($0.09) in Q1 2025.
Columbia Financial and Northfield Bancorp executed Merger Agreement on Jan 31, 2026, unanimously approved by both boards.
Columbia Financial Q4 net income $15.7M vs year-ago loss $21.2M; core earnings up 40%
Net income $15.7M ($0.15 per share) vs net loss $21.2M ($0.21 per share) in Q4 2024.
Columbia Financial Q3 net income $14.9M ($0.15/sh) up 140% YoY; NIM expands to 2.29%
Net income $14.9M ($0.15 EPS) vs $6.2M ($0.06) in Q3 2024; nine-month net income $36.1M ($0.35).
Columbia Financial Q2 net income $12.3M ($0.12 EPS) vs $4.5M YoY; NIM expands to 2.19%
Net income $12.3M, diluted EPS $0.12 for Q2 2025 vs $4.5M, $0.04 in Q2 2024.
Columbia Financial posts Q1 net income of $8.9M, reversing year-ago loss; NIM expands 36 bps
Net income $8.9M ($0.09/diluted) vs net loss $1.2M ($-0.01) in Q1 2024.
Columbia Financial posts Q4 net loss of $21.2M on balance sheet repositioning
Net loss $21.2M ($0.21 per share) vs. net income $6.6M ($0.06) in Q4 2023.
Columbia Financial sells $321M low-yield securities, expects 24% earnings boost in 2025
Sold $321M of available-for-sale debt securities with 1.53% book yield and 3.6-year average life.
Columbia Financial appoints Matthew Smith as COO, succeeding retiring E. Thomas Allen Jr.
Smith appointed Senior EVP & COO effective Nov 25, 2024; Allen to retire Jan 31, 2025.
Columbia Financial Q3 net income down 32% YoY to $6.2M; NIM declines
EPS $0.06 vs $0.09 Q3 2023; nine-month EPS $0.09 vs $0.29, down 67.6%.
Columbia Financial Q2 net income $4.5M; core net income down 55% YoY; NIM 1.81%
Net income $4.5M ($0.04 EPS) vs $1.7M ($0.02) YoY; core net income $5.3M down 54.9% from $11.7M.
Columbia Financial posts Q1 net loss of $1.2M vs net income $18.7M YoY; NIM shrinks to 1.75%
Net loss of $1.2M ($0.01 diluted EPS) versus net income of $18.7M ($0.18) in Q1 2023.
Columbia Financial Q4 net income falls 70% to $6.6M; core earnings down 54%
Net income $6.6M ($0.06 diluted EPS) vs $21.9M ($0.21) in Q4 2022.
Columbia Financial Q3 net income drops 56% to $9.1M; net interest margin shrinks to 2.06%
GAAP EPS of $0.09 vs $0.20 YoY; core net income fell 60% to $9.1M.
Columbia Financial Q2 net income plunges 93% to $1.7M on securities loss, margin compression
Q2 net income $1.7M ($0.02 EPS), down 93% from $23.0M ($0.22); core net income $11.7M, down 50.7% YoY.
Columbia Financial Q1 net income falls 8.2% to $18.7M; net interest margin compresses
Net income $18.7M ($0.18 EPS) vs $20.4M ($0.20 EPS) a year ago; core net income $19.8M, down 10.8%.
Columbia Financial highlights $1.7B liquidity, strong cap ratios amid SVB/Silvergate fallout
Immediate funding access of over $1.7B as of Mar 10, 2023; cash $84.2M, FHLB capacity $1.3B, $339M correspondent lines.
Columbia Financial stresses strong liquidity and capital, no crypto/VC exposure
Over $1.7B in available liquidity as of March 10; $84.2M cash, $1.3B FHLB capacity, $339M lines, $525.6M unpledged securities.
Columbia Financial Q4 net income $21.9M ($0.21/share) down 6.2% YoY; full-year net income $86.2M
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.
Columbia Financial Q3 core net income up 17.5% to $22.7M; net interest margin expands 34 bps
Net income of $20.9M ($0.19 diluted) vs $21.0M ($0.20 diluted) in prior-year quarter.
The Company previously disclosed the retirement of E. Thomas Allen, Jr., the current Senior Executive Vice President and Chief Operating Officer of the Company and the Bank, effective as of January 31, 2025.
Matthew Smith has been appointed as Senior Executive Vice President and Chief Operating Officer of the Company and the Bank effective as of November 25, 2024.
On May 20, 2024, E. Thomas Allen, Jr. notified Columbia Financial, Inc. (the “Company”) that he will retire as Senior Executive Vice President and Chief Operating Officer of the Company, Columbia Bank MHC and Columbia Bank effective as of January 31, 2025.
Max materiality 0.90 · Median 0.53 · Most common event earnings