Columbia Financial, Inc./MD/
For the period ended Oct 29, 2026. Filed Oct 29, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Oct 29, 2026 · Filed Oct 29, 2026
CLBK$11.11+1.0%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Interest income: · (Unaudited) · (Unaudited) | ||||
| Loans receivable | $152,636 | $103,792 | $358,128 | $298,548 |
| Debt securities available for sale and equity securities | 25,403 | 9,858 | 46,941 | 29,901 |
| Debt securities held to maturity | 4,879 | 2,886 | 10,486 | 8,619 |
| Federal funds and interest-earning deposits | 7,738 | 2,623 | 13,425 | 7,924 |
| Federal Home Loan Bank and Federal Reserve Bank stock dividends | 2,001 | 1,258 | 4,799 | 4,079 |
| Total interest income | 192,657 | 120,417 | 433,779 | 349,071 |
| Interest expense: | ||||
| Deposits | 62,840 | 49,569 | 155,285 | 149,058 |
| Borrowings | 15,436 | 13,462 | 40,803 | 38,599 |
| Total interest expense | 78,276 | 63,031 | 196,088 | 187,657 |
| Net interest income | 114,381 | 57,386 | 237,691 | 161,414 |
| Provision for credit losses | 1,832 | 2,344 | 7,100 | 7,745 |
| Net interest income after provision for credit losses | 112,549 | 55,042 | 230,591 | 153,669 |
| Non-interest (loss) income: | ||||
| Demand deposit account fees | 3,027 | 2,037 | 7,164 | 5,940 |
| Bank-owned life insurance | 3,768 | 2,133 | 8,682 | 5,982 |
| Title insurance fees | 714 | 684 | 2,201 | 2,191 |
| Loan fees and service charges | 1,103 | 1,570 | 4,088 | 4,370 |
| (Loss) gain on securities transactions | (40,849) | — | (40,849) | 336 |
| Change in fair value of equity securities | (447) | 714 | (1,429) | 1,294 |
| (Loss) gain on sale of loans | (7,567) | 401 | (6,792) | 901 |
| Bargain purchase gain, net of tax | 25,689 | — | 25,689 | — |
| (Loss) gain on sale of other real estate owned | (1,770) | — | (1,770) | 281 |
| Other non-interest income | 2,424 | 2,328 | 6,685 | 7,216 |
| Total non-interest (loss) income | (13,908) | 9,867 | 3,669 | 28,511 |
| Non-interest expense: | ||||
| Compensation and employee benefits | 43,462 | 29,248 | 106,524 | 86,764 |
| Occupancy | 8,663 | 6,055 | 22,242 | 18,208 |
| Federal deposit insurance premiums | 2,331 | 1,783 | 5,743 | 5,402 |
| Advertising | 915 | 512 | 2,228 | 1,606 |
| Professional fees | 2,377 | 2,590 | 5,995 | 8,624 |
| Data processing and software expenses | 5,748 | 4,457 | 15,366 | 12,621 |
| Merger-related expenses | 30,641 | — | 33,283 | — |
| Loss on extinguishment of debt | 196 | — | 196 | — |
| Amortization of intangible assets | 3,489 | 560 | 4,611 | 1,592 |
| Other non-interest expense, net | (317) | (119) | (1,779) | (980) |
| Total non-interest expense | 97,505 | 45,086 | 194,409 | 133,837 |
| Income before income tax (benefit) expense | 1,136 | 19,823 | 39,851 | 48,343 |
| Income tax (benefit) expense | (4,095) | 4,955 | 7,034 | 12,270 |
| Net income | $5,231 | $14,868 | $32,817 | $36,073 |
| Earnings per share-basic | $0.02 | $0.07 | $0.14 | $0.16 |
| Earnings per share-diluted | $0.02 | $0.07 | $0.14 | $0.16 |
| Weighted average shares outstanding-basic (1) | 250,984,115 | 224,468,686 | 232,335,137 | 224,275,297 |
| Weighted average shares outstanding-diluted (1) | 251,662,369 | 224,468,686 | 232,571,404 | 224,275,297 |
| (1) As result of the second-step conversion, all prior period share information has been subsequently revised to reflect the 2.2000 exchange ratio. | ||||
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