Columbia Financial Inc - Understand $clbk stock

$CLBK Market Cap: $1.816 Billion

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Financial Snapshot

Revenue

$320.3M

TTM

Gross Margin

Net Earnings

$19.08M

TTM

Current Assets

Current Liabilities

$203.6M

Q2 2024

Current Ratio

Total Assets

$10.76B

Q2 2024

Total Liabilities

$9.717B

Q2 2024

Book Value

$1.047B

Q2 2024

Cash

$391.1M

Q2 2024

P/E

95.16

Sep 13, 2024 EST

Free Cash Flow

$35.67M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$395.0M	$309.7M	$270.2M	$295.7M	$261.1M	$226.3M	$184.2M	$169.0M
YoY Change	27.55%	14.63%	-8.64%	13.26%	15.38%	22.83%	9.02%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Revenue	$395.0M	$309.7M	$270.2M	$295.7M	$261.1M	$226.3M	$184.2M	$169.0M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$7.800M	$7.300M	$6.700M	$6.500M	$4.900M	$3.800M	$3.400M	$3.290M
YoY Change	6.85%	8.96%	3.08%	32.65%	28.95%	11.76%	3.34%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Interest Expense	$189.1M	$42.89M	$37.02M	$74.14M	$88.71M	$62.26M	$44.45M	$43.96M
YoY Change	340.87%	15.88%	-50.07%	-16.43%	42.5%	40.07%	1.1%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Pretax Income	$46.05M	$116.9M	$126.2M	$76.26M	$71.08M	$33.66M	$47.08M	$49.76M
YoY Change	-60.6%	-7.37%	65.47%	7.28%	111.18%	-28.51%	-5.38%	11.31%
Income Tax	$9.965M	$30.70M	$34.13M	$18.65M	$16.37M	$10.92M	$16.01M	$16.80M
% Of Pretax Income	21.64%	26.27%	27.05%	24.46%	23.02%	32.45%	34.0%	33.77%
Net Earnings	$36.09M	$86.17M	$92.05M	$57.60M	$54.72M	$22.74M	$31.07M	$32.95M
YoY Change	-58.12%	-6.38%	59.8%	5.27%	140.66%	-26.83%	-5.71%	10.21%
Net Earnings / Revenue	9.14%	27.83%	34.07%	19.48%	20.96%	10.05%	16.87%	19.5%
Basic Earnings Per Share	$0.35	$0.82	$0.88	$0.52	$0.49	$0.20
Diluted Earnings Per Share	$0.35	$811.5K	$0.88	$0.52	$0.49	$0.20	$268.3K	$284.7K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$83.58M	$83.88M	$78.70M	$76.00M	$73.00M	$52.10M	$40.80M	$37.90M
YoY Change	-0.36%	6.58%	3.55%	4.11%	40.12%	27.7%	7.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$197.7M	$181.6M	$181.7M	$99.50M	$92.50M	$63.80M	$66.50M	$50.80M
YoY Change	8.87%	-0.06%	82.61%	7.57%	44.98%	-4.06%	30.91%
Total Long-Term Assets
YoY Change
Total Assets	$10.65B	$10.41B	$9.224B	$8.799B	$8.189B	$6.692B	$5.429B	$5.037B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$186.5M	$180.9M	$119.0M	$129.6M	$68.00M	$57.50M	$47.40M	$20.90M
YoY Change	3.08%	52.02%	-8.18%	90.59%	18.26%	21.31%	126.79%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$29.89M	$29.80M	$0.00	$107.8M	$159.6M	$40.00M	$97.40M
YoY Change	-100.0%	0.32%		-100.0%	-32.46%	299.0%	-58.93%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$186.5M	$180.9M	$119.0M	$129.6M	$68.00M	$57.50M	$47.40M	$20.90M
YoY Change	3.08%	52.02%	-8.18%	90.59%	18.26%	21.31%	126.79%
Long-Term Debt	$1.529B	$1.127B	$7.000M	$7.000M	$23.80M	$0.00	$50.60M	$50.60M
YoY Change	35.64%	16000.67%	0.0%	-70.59%		-100.0%	0.0%
Other Long-Term Liabilities	$43.51M	$45.46M	$78.50M	$79.70M	$85.40M	$59.00M	$49.50M	$72.10M
YoY Change	-4.29%	-42.09%	-1.51%	-6.67%	44.75%	19.19%	-31.35%
Total Long-Term Liabilities	$1.572B	$1.173B	$85.50M	$86.70M	$109.2M	$59.00M	$100.1M	$122.7M
YoY Change	34.09%	1271.35%	-1.38%	-20.6%	85.08%	-41.06%	-18.42%
Total Liabilities	$9.605B	$9.355B	$8.145B	$7.787B	$7.206B	$5.720B	$4.953B	$4.598B
YoY Change	2.68%	14.85%	4.59%	8.06%	25.99%	15.47%	7.74%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018
Basic Shares Outstanding	102.7M shares	105.6M shares	104.2M shares	109.8M shares	111.1M shares	111.4M shares
Diluted Shares Outstanding	102.9M shares	106.2M shares	104.2M shares	109.8M shares	111.1M shares	111.4M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Dividends

Stock Price

Market Cap: $1.816 Billion

About Columbia Financial Inc

Columbia Financial, Inc. is a holding company, which engages in the provision of traditional banking and other financial services. The company is headquartered in Fair Lawn, New Jersey and currently employs 720 full-time employees. The company went IPO on 2018-04-20. Through Columbia Bank and Freehold Bank, the Company serves the financial needs of its depositors and the local community as community-minded, customer service-focused institutions. The company offers traditional financial services to businesses and consumers in its market areas. The company 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. The company offers title insurance through its wholly owned subsidiary, First Jersey Title Services, Inc. In addition, RSI Insurance Agency, Inc., a wholly owned subsidiary of Columbia Bank, is a full-service insurance agency that offers a range of insurance products and investment solutions.

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