Columbia Financial reports Q4 profit on higher interest income

Columbia Financial

02/02/2026 12:39

Overview

Bank holding company reported Q4 net income of $15.7 mln, reversing prior yr loss

Core net income for Q4 rose 39.6% yr/yr

Net interest margin expanded by 48 basis points in Q4

Outlook

Company maintains strong balance sheet to benefit from improving economic environment

Result Drivers

NET INTEREST INCOME - Increase in net interest income driven by higher interest income and lower interest expense

BALANCE SHEET REPOSITIONING - Strategic repositioning in 2024 improved net interest margins

CREDIT LOSSES - Decrease in provision for credit losses contributed to improved results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.15
Q4 Adjusted Net Income
$15.90 mln
Q4 Net Income
$15.69 mln
Q4 Net Interest Income
$60.22 mln
Q4 Basic EPS
$0.15
Q4 Pretax Profit
$19.65 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for Columbia Financial Inc is $18.00, about 10.6% above its January 30 closing price of $16.27

The stock recently traded at 26 times the next 12-month earnings vs. a P/E of 24 three months ago

Press Release: ID:nGNX1mQRRw

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)