CLBK

MKT CAP:$2B

Columbia Financial, Inc.

Market Cap

$2B

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$18.17+$2.75 (+17.83%)

Apr 24, 2026

Company Details

Columbia Financial, Inc., a bank holding company, provides financial services to businesses and consumers in the United States. The company offers non-interest-bearing demand deposits, such as individual and commercial checking accounts; in...

CEO

Thomas J. Kemly

IPO Date

Apr 23, 2018

Website

www.columbiabankonline.com

Key Metrics TTM

Revenue

$509M

+11.1% YoY

Net Income

$56M

EPS (Diluted)

$0.55

Free Cash Flow

$59M

Revenue / Share

$5.01

Gross Margin

51.4%

Operating Margin

13.1%

Net Margin

11.0%

FCF Margin

11.5%

P/S

3.7x

P/E

33.8x

Earnings Reports

Q1 2026

Apr 20, 2026

NEW

$122M+1.1%EPS $0.13

FY 2025

Mar 6, 2026

$507M+11.9%EPS $0.51

Q4 2025

Mar 6, 2026

$130M+45.1%EPS $0.15

Q3 2025

Nov 7, 2025

$130M+3.9%EPS $0.15

Q2 2025

Aug 8, 2025

$127M+3.4%EPS $0.12

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$81M	$73M	$31M
Q3 22	$88M	$76M	$28M
Q4 22	$95M	$75M	$30M
Q1 23	$101M	$69M	$25M
Q2 23	$96M	$50M	$2M
Q3 23	$107M	$55M	$12M
Q4 23	$122M	$55M	$7M
Q1 24	$116M	$44M	-$1M
Q2 24	$122M	$51M	$5M
Q3 24	$125M	$50M	$7M
Q4 24	$90M	$20M	-$27M
Q1 25	$121M	$56M	$12M
Q2 25	$127M	$61M	$17M
Q3 25	$130M	$71M	$12M
Q4 25	$130M	$67M	$20M
Q1 26	$122M	$63M	$19M

Valuation

Quarter	P/S	P/E
Q2 22	6.2x	21.6x
Q3 22	5.9x	21.6x
Q4 22	5.6x	21.9x
Q1 23	5.2x	22.4x
Q2 23	5.0x	29.9x
Q3 23	4.7x	36.8x
Q4 23	4.4x	52.4x
Q1 24	4.3x	116.7x
Q2 24	4.0x	99.1x
Q3 24	3.9x	117.2x
Q4 24	4.2x	—
Q1 25	4.1x	—
Q2 25	4.1x	306.6x
Q3 25	4.0x	127.3x
Q4 25	3.7x	36.5x
Q1 26	3.7x	33.8x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$33M	$32M
Q2 22	$42M	$40M
Q3 22	$37M	$35M
Q4 22	$30M	$28M
Q1 23	-$4M	-$5M
Q2 23	$34M	$32M
Q3 23	$43M	$41M
Q4 23	-$32M	-$35M
Q1 24	$14M	$12M
Q2 24	$19M	$17M
Q3 24	-$28M	-$31M
Q4 24	$29M	$27M
Q1 25	-$2M	-$4M
Q2 25	$15M	$13M
Q3 25	$31M	$28M
Q4 25	$24M	$22M

Capital Expenditures

Quarter	CapEx
Q1 22	$865.0K
Q2 22	$2M
Q3 22	$2M
Q4 22	$2M
Q1 23	$2M
Q2 23	$1M
Q3 23	$2M
Q4 23	$2M
Q1 24	$2M
Q2 24	$1M
Q3 24	$3M
Q4 24	$2M
Q1 25	$3M
Q2 25	$2M
Q3 25	$3M
Q4 25	$2M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	-1.8%	+9.2%
Q3 22	+17.6%	+30.2%
Q4 22	+26.2%	+49.0%
Q1 23	+33.3%	+57.9%
Q2 23	+18.4%	+88.0%
Q3 23	+21.7%	+58.7%
Q4 23	+28.3%	+77.1%
Q1 24	+15.0%	+54.2%
Q2 24	+28.1%	+25.6%
Q3 24	+16.7%	+23.5%
Q4 24	-26.4%	+1.7%
Q1 25	+3.9%	-7.5%
Q2 25	+3.4%	-6.4%
Q3 25	+3.9%	+0.4%
Q4 25	+45.1%	-5.4%
Q1 26	+1.1%	-4.9%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$3M	4.1%
Q2 22	$3M	4.2%
Q3 22	$3M	3.3%
Q4 22	$3M	3.0%
Q1 23	$3M	3.0%
Q2 23	$3M	3.2%
Q3 23	$3M	3.1%
Q4 23	$3M	2.3%
Q1 24	$3M	2.6%
Q2 24	$3M	2.5%
Q3 24	$2M	1.8%
Q4 24	$2M	2.2%
Q1 25	$2M	1.7%
Q2 25	$2M	1.7%
Q3 25	$2M	1.5%
Q4 25	$2M	1.6%

OpEx Breakdown

Quarter	G&A	S&M
Q2 22	$30M	$795.0K
Q3 22	$32M	$771.0K
Q4 22	$31M	$650.0K
Q1 23	$32M	$687.0K
Q2 23	$34M	$786.0K
Q3 23	$30M	$834.0K
Q4 23	$33M	$498.0K
Q1 24	$30M	$626.0K
Q2 24	$30M	$661.0K
Q3 24	$29M	$766.0K
Q4 24	$28M	$457.0K
Q1 25	$30M	$531.0K
Q2 25	$4M	$563.0K
Q3 25	$4M	$2M
Q4 25	$32M	$810.0K
Q1 26	$1M	$648.0K

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$109M	$1.5B	$1.6B
Q3 22	$102M	$1.4B	$1.5B
Q4 22	$179M	$1.3B	$1.5B
Q1 23	$319M	$1.3B	$1.6B
Q2 23	$93M	$997M	$1.1B
Q3 23	$204M	$1.0B	$1.2B
Q4 23	$423M	$1.1B	$1.5B
Q1 24	$373M	$1.2B	$1.6B
Q2 24	$391M	$1.3B	$1.7B
Q3 24	$284M	$1.3B	$1.6B
Q4 24	$289M	$773M	$1.1B
Q1 25	$256M	$802M	$1.1B
Q2 25	$248M	$764M	$1.0B
Q3 25	$253M	$793M	$1.0B
Q4 25	$341M	$0	$341M
Q1 26	$277M	$112.0K	$277M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	107M	+2.9%	+2.1%
Q3 22	108M	+0.7%	+4.4%
Q4 22	107M	-0.8%	+3.1%
Q1 23	105M	-1.4%	+1.4%
Q2 23	103M	-2.5%	-4.0%
Q3 23	102M	-0.4%	-5.1%
Q4 23	102M	-0.3%	-4.5%
Q1 24	102M	-0.1%	-3.2%
Q2 24	102M	-0.1%	-0.8%
Q3 24	102M	+0.2%	-0.3%
Q4 24	102M	+0.0%	+0.0%
Q1 25	102M	-0.0%	+0.1%
Q2 25	102M	+0.1%	+0.2%
Q3 25	102M	+0.1%	+0.2%
Q4 25	101M	-0.6%	-0.4%
Q1 26	101M	+0.0%	-0.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$113.1K	714
Q3 22	$123.2K	714
Q4 22	$127.3K	748
Q1 23	$135.0K	748
Q2 23	$127.8K	748
Q3 23	$143.1K	748
Q4 23	$169.7K	720
Q1 24	$161.2K	720
Q2 24	$170.1K	720
Q3 24	$173.4K	720
Q4 24	$127.0K	708
Q1 25	$170.4K	708
Q2 25	$178.9K	708
Q3 25	$183.2K	708
Q4 25	$174.1K	749
Q1 26	$162.8K	749

Revenue / Employee