Columbia Financial (CLBK) Q4 Revenue Surges 247% YoY, Beats Estimates

Columbia Financial (NASDAQ:CLBK) reported Q4 CY2025 revenue of $68.78 million, a 247% year-over-year increase that surpassed Wall Street expectations by 16.2%. Non-GAAP earnings came in at $0.16 per share, matching consensus estimates. The strong performance was driven primarily by net interest income, which accounted for 95.9% of total revenue over the past five years. The bank’s tangible book value per share (TBVPS) rose to $10.03 as of December 31, 2025, reflecting 5.4% annual growth over the last two years—up from a 3.8% five-year average. Analysts project TBVPS to reach $11.95 by end-2026, implying 19.1% growth. CEO Thomas J. Kemly cited strategic focus on commercial lending expansion, margin improvement, and technology-driven efficiency as key drivers. Despite the robust quarter, shares held steady at $17.72 following the February 2, 2026 announcement.