Columbia Financial, Inc. Reports Third Quarter Financial Results for the Period Ending September 30, 2025

Written by Emily J. Thompson, Senior Investment Analyst

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Updated: Oct 20 2025

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Financial Performance: Columbia Financial, Inc. reported a net income of $14.9 million for Q3 2025, a significant increase from $6.2 million in Q3 2024, driven by higher net interest income and reduced credit loss provisions. For the nine months ending September 30, 2025, net income reached $36.1 million, up from $9.6 million in the same period the previous year.
Interest Income and Expenses: The company experienced a 26.7% increase in net interest income for Q3 2025, totaling $57.4 million, attributed to higher interest income and lower interest expenses. The net interest margin improved to 2.29%, reflecting a favorable shift in the yield on interest-earning assets and a decrease in the cost of interest-bearing liabilities.
Asset Quality and Loan Growth: Non-performing assets decreased to 0.30% of total assets, indicating improved asset quality. Loan growth for Q3 2025 was $97.1 million, with a focus on multifamily and commercial real estate loans, contributing to an annualized growth rate of approximately 4.8%.
Shareholder Value Initiatives: The Board of Directors authorized a share repurchase program for 1.8 million shares, with repurchases commencing in September 2025. The company aims to enhance shareholder value while maintaining strong asset quality and competitive loan growth in a challenging market environment.

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Columbia Financial, Inc. is the holding company of Columbia Bank. Columbia Bank is a federally chartered savings bank in Fair Lawn, New Jersey that operates approximately 68 full-service banking offices and offers traditional financial services to consumers and businesses in its market area. It attracts deposits from the general public and uses those funds to originate a variety of loans, including multifamily and commercial real estate loans, commercial business loans, one-to-four family real estate loans, construction loans, home equity loans and advances, and other consumer loans.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.