← Columbia Financial, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (loss) | $31.1m |
$22.7m
-26.83%
|
$54.7m
+140.66%
|
$57.6m
+5.27%
|
$92.0m
+59.80%
|
$86.2m
-6.38%
|
$36.1m
-58.12%
|
($11.7m)
-132.29%
|
$51.8m
+544.23%
|
— | |
| Amortization of deferred loan costs, fees and purchased premiums and discounts | $1.0m | $2.0m | $1.2m | ($1.5m) | $2.1m | $6.1m | $5.6m | $4.4m | $6.3m | — | |
| Net amortization of premiums and discounts on securities | $1.5m | $1.2m | $1.2m | $2.5m | $4.5m | $2.8m | $1.4m | ($819k) | ($3.7m) | — | |
| Net amortization of mortgage servicing rights | $105k | ($88k) | ($109k) | $130k | $266k | $233k | $239k | $241k | $214k | — | |
| Amortization of intangible assets | $0 | $0 | $222k | $1.0m | $1.0m | $2.0m | $2.4m | $2.2m | $2.2m | — | |
| Depreciation and amortization of office properties and equipment | $3.4m | $3.8m | $4.9m | $6.5m | $6.7m | $7.3m | $7.8m | $8.2m | $8.6m | $15.3m | |
| Amortization of operating lease right-of-use assets | — | $0 | $0 | $2.6m | $3.6m | $3.8m | $3.9m | $3.9m | $4.0m | — | |
| Amortization Cash Flow | — | — | — | — | — | $2.2m | $2.6m | $2.4m | $2.4m | — | |
| Amortization Of Intangibles | — | — | — | — | — | $2.2m | $2.6m | $2.4m | $2.4m | $2.4m | |
| Depreciation | — | — | — | — | — | $11.1m | $11.7m | $12.1m | $12.6m | $12.9m | |
| Depreciation Amortization Depletion | — | — | — | — | — | $13.4m | $14.3m | $14.6m | $15.0m | $15.3m | |
| Deferred tax expense (benefit) | ($1.4m) | ($5.5m) | $7.5m | $9.7m | $17.7m | $12.8m | $3.4m | ($6.0m) | $14.2m | — | |
| Deferred Income Tax | — | — | — | — | — | $12.8m | $3.4m | ($6.0m) | $14.2m | ($13.5m) | |
| Asset Impairment Charge | — | — | — | — | — | $0 | $0 | $640k | $0 | $0 | |
| Change In Working Capital | — | — | — | — | — | $10.4m | ($36.2m) | ($20.9m) | ($22.6m) | ($22.1m) | |
| Change In Receivables | — | — | — | — | — | ($4.7m) | ($5.4m) | ($1.0m) | ($1.1m) | $97k | |
| Changes In Account Receivables | — | — | — | — | — | ($4.7m) | ($5.4m) | ($1.0m) | ($1.1m) | $97k | |
| Change In Payables And Accrued Expense | — | — | — | — | — | $25.0m | $3.3m | ($7.3m) | $8.0m | $15.0m | |
| Increase in accrued interest receivable | ($1.5m) | ($3.0m) | ($959k) | ($6.7m) | $2.0m | ($4.7m) | ($5.4m) | ($1.0m) | ($1.1m) | — | |
| Increase (decrease) in accrued expenses and other liabilities | $9.8m | $8.0m | $3.0m | $32.9m | $1.9m | $25.0m | $3.3m | ($7.3m) | $8.0m | $15.0m | |
| Change In Accrued Expense | — | — | — | — | — | $25.0m | $3.3m | ($7.3m) | $8.0m | $15.0m | |
| Increase in other assets | ($11.7m) | ($11.1m) | ($51.9m) | ($75.1m) | ($22.2m) | ($9.9m) | ($34.0m) | ($12.4m) | ($29.4m) | — | |
| Change In Other Current Assets | — | — | — | — | — | ($9.9m) | ($34.0m) | ($12.4m) | ($29.4m) | ($37.2m) | |
| Net cash provided by operating activities | $36.0m |
$60.2m
+67.06%
|
$123.8m
+105.57%
|
$47.9m
-61.31%
|
$98.7m
+106.12%
|
$142.2m
+44.02%
|
$40.7m
-71.36%
|
$33.3m
-18.16%
|
$68.4m
+105.27%
|
$73.1m
+6.91%
|
|
| Loss (gain) on disposal of office properties and equipment, net | $169k | ($5k) | $3k | $734k | $95k | $242k | $168k | ($188k) | $21k | — | |
| Proceeds from sales of office properties and equipment | $17k | $8k | $0 | $0 | $1.9m | $1.8m | $0 | $1.2m | $0 | — | |
| Additions to office properties and equipment | ($6.5m) | ($13.3m) | ($19.3m) | ($4.6m) | ($5.5m) | ($7.2m) | ($7.6m) | ($7.4m) | ($9.8m) | — | |
| Proceeds from sales of debt securities available for sale | $187.4m | $11.5m | $65.2m | $20.8m | $90.3m | $126.8m | $277.0m | $321.2m | $15.7m | — | |
| Proceeds from paydown/maturities/calls of debt securities available for sale | $68.4m | $70.0m | $149.7m | $247.9m | $368.2m | $282.0m | $100.9m | $157.5m | $214.1m | — | |
| Proceeds from paydown/maturities/calls of debt securities held to maturity | $769k | $8.8m | $46.1m | $48.6m | $36.1m | $31.2m | $20.2m | $50.1m | $31.5m | — | |
| Purchases of debt securities available for sale | ($162.8m) | ($413.8m) | ($176.2m) | ($292.8m) | ($667.0m) | ($147.2m) | ($124.6m) | ($404.7m) | ($272.1m) | — | |
| Purchases of debt securities held to maturity | ($30.5m) | ($31.6m) | ($70.1m) | ($12.8m) | ($203.8m) | ($23.3m) | $0 | ($41.5m) | ($33.4m) | — | |
| Net Other Investing Changes | — | — | — | — | — | ($33.0m) | ($21.5m) | $20.6m | ($2.6m) | ($19.6m) | |
| Net cash (used in) provided by investing activities | ($330.3m) | ($946.8m) | ($623.0m) | $257.6m | ($443.6m) | ($614.7m) | $39.6m | $39.5m | ($454.2m) | — | |
| Loss on extinguishment of debt | — | — | $0 | $1.2m | $2.9m | $0 | $300k | $3.4m | $0 | — | |
| Proceeds from long-term borrowings | $168.4m | $221.0m | $140.0m | $90.0m | $37.1m | $335.9m | $536.1m | $271.2m | $175.3m | — | |
| Payments on long-term borrowings | ($90.0m) | ($210.0m) | ($230.0m) | ($343.9m) | ($306.8m) | ($38.7m) | ($11.3m) | ($484.9m) | ($104.4m) | — | |
| Net increase (decrease) in short-term borrowings | ($27.4m) | $299.8m | $225.1m | ($374.8m) | ($244.0m) | $446.8m | ($93.2m) | ($237.8m) | $32.0m | — | |
| Interest on deposits and borrowings | $44.4m | $62.0m | $87.4m | $75.6m | $37.9m | $41.1m | $183.6m | $274.4m | $249.9m | — | |
| Issuance Of Debt | — | — | — | — | — | $335.9m | $536.1m | $271.2m | $175.3m | $195.3m | |
| Long Term Debt Issuance | — | — | — | — | — | $335.9m | $536.1m | $271.2m | $175.3m | $195.3m | |
| Long Term Debt Payments | — | — | — | — | — | ($38.7m) | ($41.6m) | ($484.9m) | ($104.4m) | ($59.4m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | $744.0m | $401.3m | ($451.5m) | $102.9m | $135.9m | |
| Net Long Term Debt Issuance | — | — | — | — | — | $297.2m | $494.5m | ($213.7m) | $70.9m | $135.9m | |
| Net Short Term Debt Issuance | — | — | — | — | — | $446.8m | ($93.2m) | ($237.8m) | $32.0m | ($41k) | |
| Repayment Of Debt | — | — | — | — | — | ($38.7m) | ($41.6m) | ($484.9m) | ($104.4m) | ($59.4m) | |
| Issuance of common stock for restricted stock awards | $0 | $492.4m | $14k | $0 | $0 | $0 | $10k | $0 | $0 | $0 | |
| Common Stock Issuance | — | — | — | — | — | $0 | $10k | $0 | $0 | $0 | |
| Common Stock Payments | — | — | — | — | — | ($98.6m) | ($81.1m) | ($6.7m) | ($13.8m) | ($13.8m) | |
| Issuance Of Capital Stock | — | — | — | — | — | $0 | $10k | $0 | $0 | $0 | |
| Net Common Stock Issuance | — | — | — | — | — | ($98.6m) | ($81.1m) | ($6.7m) | ($13.8m) | ($13.8m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | ($98.6m) | ($81.1m) | ($6.7m) | ($13.8m) | ($13.8m) | |
| Net Other Financing Charges | — | — | — | — | — | $7.6m | ($2.0m) | $1.9m | $339k | $634k | |
| Net cash provided by (used in) financing activities | $349.6m |
$863.3m
+146.96%
|
$532.5m
-38.31%
|
$41.9m
-92.14%
|
($7.1m)
-116.94%
|
$580.8m
+8288.81%
|
$163.7m
-71.82%
|
($206.8m)
-226.37%
|
$437.3m
+311.47%
|
$299.8m
-31.45%
|
|
| Net increase (decrease) in cash and cash equivalents | $55.3m | ($23.3m) | $33.3m | $347.4m | ($352.0m) | $108.3m | $244.0m | ($134.0m) | $51.6m | — | |
| Cash and cash equivalents at beginning of year | $101.0m | $42.2m | $75.5m | $423.0m | $71.0m | $179.2m | $423.2m | $289.2m | $340.8m | $256.1m | |
| Beginning Cash Position | — | — | — | — | — | $71.0m | $179.2m | $423.2m | $289.2m | $256.1m | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Provision for credit losses | — | — | — | $18.4m | ($10.0m) | $5.5m | $4.8m | $14.5m | $9.8m | — | |
| (Gain) loss on securities transactions | $1.7m | ($116k) | ($2.6m) | ($370k) | ($2.0m) | ($210k) | $10.8m | $35.9m | ($290k) | — | |
| Change in fair value of equity securities | $0 | $0 | ($305k) | ($767k) | $1.8m | $401k | ($695k) | ($2.6m) | ($873k) | — | |
| Gain on securitizations | — | $0 | $0 | ($3.5m) | ($2.3m) | $0 | $0 | $0 | ($129k) | — | |
| Gain on sale of loans, net | — | ($618k) | ($785k) | ($1.9m) | ($8.5m) | ($178k) | ($1.2m) | ($906k) | ($799k) | — | |
| Gain on sale of other real estate owned | — | — | — | — | — | $0 | $0 | $640k | ($281k) | — | |
| Loss on write-down of other real estate owned | — | — | — | — | — | — | $0 | $640k | $0 | — | |
| Income on bank-owned life insurance | ($4.9m) | ($5.2m) | ($5.8m) | ($6.6m) | ($6.0m) | ($7.4m) | ($10.1m) | ($7.3m) | ($8.2m) | — | |
| Employee stock ownership plan expense | $0 | $2.6m | $3.6m | $3.2m | $4.1m | $4.8m | $4.1m | $3.8m | $3.4m | — | |
| Stock based compensation | $0 | $0 | $3.7m | $8.8m | $8.9m | $7.4m | $8.0m | $6.5m | $4.7m | $8.1m | |
| Increase in deferred compensation obligations under Rabbi Trust | $0 | ($620k) | $65k | ($60k) | $3k | ($31k) | ($47k) | ($126k) | ($30k) | — | |
| Proceeds from sales of equity securities | — | $0 | $1.1m | $0 | $1.4m | $0 | $0 | $0 | $698k | — | |
| Proceeds from sales of loans held-for-sale | $40.6m | $3.6m | $101.9m | $111.8m | $302.0m | $9.6m | $121.4m | $18.9m | $35.4m | — | |
| Purchases of loans receivable | ($20.5m) | ($32.3m) | ($89.8m) | $0 | ($85.4m) | ($8.3m) | ($14.7m) | ($78.7m) | ($150.9m) | — | |
| Net (increase) decrease in loans receivable | — | — | — | — | — | ($987.8m) | ($311.3m) | $2.2m | ($281.2m) | — | |
| Proceeds from bank-owned life insurance death benefits | $1.6m | $1.2m | $1.0m | $627k | $5k | $1.0m | $1.4m | $5k | $0 | — | |
| Proceeds from redemptions of Federal Home Loan Bank stock | $33.2m | $67.0m | $72.9m | $50.4m | $28.4m | $77.4m | $91.1m | $57.7m | $35.3m | — | |
| Purchases of Federal Home Loan Bank stock | ($35.0m) | ($81.3m) | ($79.8m) | ($22.5m) | ($4.8m) | ($111.4m) | ($114.0m) | ($37.1m) | ($39.5m) | — | |
| Proceeds from sales of other real estate owned | $1.6m | $1.0m | $91k | $0 | $0 | — | $0 | $0 | $1.6m | — | |
| Purchase of insurance agency book of business | — | — | — | — | — | — | $0 | $0 | ($1.4m) | — | |
| Net increase (decrease) in deposits | $300.6m | $150.6m | $449.3m | $799.5m | $581.5m | ($71.8m) | ($154.6m) | $249.6m | $347.9m | — | |
| Repayment of term note | — | — | — | — | $0 | $0 | ($30.3m) | $0 | $0 | — | |
| Increase (decrease) in advance payments by borrowers for taxes and insurance | ($2.1m) | $6.5m | $3.1m | ($3.9m) | $3.4m | $7.6m | ($2.0m) | $1.9m | $339k | — | |
| Purchase of treasury stock | $0 | $0 | ($55.3m) | ($108.2m) | ($107.8m) | ($94.0m) | ($80.5m) | ($5.9m) | ($13.4m) | — | |
| Exercise of stock options | — | — | — | $0 | ($25k) | ($393k) | ($24k) | ($99k) | ($1k) | — | |
| Repurchase of shares for taxes | — | — | $0 | ($174k) | ($357k) | ($4.6m) | ($623k) | ($817k) | ($441k) | — | |
| Income tax payments, net of refunds | $27.8m | $21.3m | ($2.9m) | $10.5m | $16.3m | $15.7m | $9.3m | $940k | $2k | — | |
| Transfer of loans receivable to other real estate owned | $515k | $251k | $0 | $0 | — | $0 | $0 | $2.0m | $0 | — | |
| Transfer of loans receivable to loans held-for-sale | $103.7m | $0 | $0 | $114.2m | $289.4m | $9.5m | $121.0m | $18.1m | $34.7m | — | |
| Securitization of loans | $0 | $0 | $21.6m | $117.3m | $99.6m | $0 | $0 | $0 | $13.3m | — | |
| Excise tax on net stock repurchases | — | — | — | — | $0 | $0 | $800k | $42k | $137k | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | $580.8m | $163.7m | ($206.8m) | $437.3m | $299.8m | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | ($614.7m) | $39.6m | $39.5m | ($454.2m) | ($352.0m) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | $108.3m | $244.0m | ($134.0m) | $51.6m | — | |
| Changes In Cash | — | — | — | — | — | $108.3m | $244.0m | ($134.0m) | $51.6m | $20.9m | |
| End Cash Position | — | — | — | — | — | $179.2m | $423.2m | $289.2m | $340.8m | $276.9m | |
| Financing Cash Flow | — | — | — | — | — | $580.8m |
$163.7m
-71.82%
|
($206.8m)
-226.37%
|
$437.3m
+311.47%
|
$299.8m
-31.45%
|
|
| Free Cash Flow | — | — | — | — | — | $135.0m | $33.1m | $25.9m | $58.6m | $64.3m | |
| Gain Loss On Investment Securities | — | — | — | — | — | ($210k) | $10.8m | $35.9m | ($290k) | $34.2m | |
| Gain Loss On Sale Of PPE | — | — | — | — | — | $242k | $168k | ($188k) | $21k | $39k | |
| Interest Paid Supplemental Data | — | — | — | — | — | $41.1m | $183.6m | $274.4m | $249.9m | $246.2m | |
| Investing Cash Flow | — | — | — | — | — | ($614.7m) | $39.6m | $39.5m | ($454.2m) | ($352.0m) | |
| Net Business Purchase And Sale | — | — | — | — | — | $140.8m | $0 | $0 | ($1.4m) | ($1.4m) | |
| Net Investment Purchase And Sale | — | — | — | — | — | $269.4m | $273.5m | $82.6m | ($43.6m) | ($63.3m) | |
| Net PPE Purchase And Sale | — | — | — | — | — | ($5.4m) | ($7.6m) | ($6.2m) | ($9.8m) | ($8.8m) | |
| Operating Gains Losses | — | — | — | — | — | ($146k) | $10.1m | $38.2m | ($1.1m) | ($555k) | |
| Other Non Cash Items | — | — | — | — | — | ($7.4m) | ($10.1m) | ($7.3m) | ($8.6m) | — | |
| Proceeds From Stock Option Exercised | — | — | — | — | — | ($393k) | ($24k) | ($99k) | ($1k) | ($35k) | |
| Purchase Of Business | — | — | — | — | — | — | $0 | $0 | ($1.4m) | ($1.4m) | |
| Purchase Of Investment | — | — | — | — | — | ($170.5m) | ($124.6m) | ($446.2m) | ($305.5m) | ($359.0m) | |
| Purchase Of PPE | — | — | — | — | — | ($7.2m) | ($7.6m) | ($7.4m) | ($9.8m) | ($8.8m) | |
| Sale Of Business | — | — | — | — | $20.4m | $140.8m | $0 | $0 | — | $0 | |
| Sale Of Investment | — | — | — | — | — | $439.9m | $398.1m | $528.9m | $261.9m | $295.7m | |
| Sale Of PPE | — | — | — | — | — | $1.8m | $0 | $1.2m | $0 | ($18k) | |
| Unrealized Gain Loss On Investment Securities | — | — | — | — | — | $401k | ($695k) | ($2.6m) | ($873k) | $599k |