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Columbia Financial's Q3 Earnings, Revenue Fall
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Columbia Financial's Q3 Earnings, Revenue Fall
Nov 2, 2024 7:44 PM

08:57 AM EDT, 10/24/2024 (MT Newswires) -- Columbia Financial ( CLBK ) reported Q3 earnings Thursday of $0.06 per diluted share, down from $0.09 a year earlier.

Two analysts polled by Capital IQ expected $0.06.

Revenue, expressed as the sum of net interest income and total noninterest income, for the quarter ended Sept. 30 was $54.3 million, down from $57.1 million a year earlier.

Net interest income for the quarter was $45.3 million, down from $48.5 million a year earlier. Two analysts surveyed by Capital IQ expected $45.9 million.

The company said it had suspended repurchases to retain capital.

Price: 16.97, Change: -0.14, Percent Change: -0.82

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