Columbia Financial reports Q3 EPS 15c, consensus 13c

Reports Q3 tangible book value per share $9.76. Reports Q3 net charge-offs .04%. Thomas Kemly, president and CEO commented: “Our quarterly earnings continue to increase in 2025 driven by net interest margin expansion, strong loan demand, a continued shift in loan mix and a reduction in funding costs. In September, we recommenced our share repurchase program which we believe will contribute to enhanced shareholder value. Our asset quality remains very strong and improved from the prior quarter with a decrease in non-performing assets. We continue to grow the Company’s balance sheet towards commercially oriented segments in a very competitive environment, which speaks to the strength of our core customer relationships and the local economy.”