Columbia Financial, Inc. Announces Financial Results for the First Quarter Ended March 31, 2024
Columbia Financial, Inc. (CLBK)
Last columbia financial, inc. earnings: 4/29 04:01 pm
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Source: GlobeNewswire
FAIR LAWN, N.J., April 30, 2024 (GLOBE NEWSWIRE) -- Columbia Financial, Inc. (the “Company”) (NASDAQ: CLBK), the mid-tier holding company for Columbia Bank ("Columbia") and Freehold Bank ("Freehold"), reported a net loss of $1.2 million, or $0.01 per basic and diluted share, for the quarter ended March 31, 2024, as compared to net income of $18.7 million, or $0.18 per basic and diluted share, for the quarter ended March 31, 2023. The net loss for the quarter ended March 31, 2024 reflected lower net interest income, mainly due to an increase in interest expense, a higher provision for credit losses and higher non-interest expense, partially offset by lower income tax expense. For the quarter ended March 31, 2024, the Company reported core net income of $455,000, a decrease of $19.3 million, or 97.7%, compared to core net income of $19.8 million for the quarter ended March 31, 2023. Mr. Thomas J. Kemly, President and Chief Executive Officer commented: “While the first quarter resul
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News
- Columbia Financial, Inc. (NASDAQ: CLBK) had its price target lowered by analysts at Piper Sandler from $19.00 to $17.00. They now have a "neutral" rating on the stock.MarketBeat
- Columbia Financial (CLBK) Lags Q1 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Columbia Financial, Inc. Announces Financial Results for the First Quarter Ended March 31, 2024 [Yahoo! Finance]Yahoo! Finance
- Columbia Financial, Inc. (NASDAQ: CLBK) had its "neutral" rating re-affirmed by analysts at Piper Sandler. They now have a $19.00 price target on the stock.MarketBeat
CLBK
Earnings
- 4/30/24 - Miss
CLBK
Sec Filings
- 6/21/24 - Form 11-K
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- CLBK's page on the SEC website