Columbia Financial, Inc. (CLBK) financial statements (2021 and earlier)

Company profile

Business Address 19-01 ROUTE 208 NORTH
FAIR LAWN, NJ 07410
State of Incorp. DE
Fiscal Year End December 31
SIC 6035 - Savings Institutions, Federally Chartered (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments4287842
Cash and cash equivalents4237642
Short-term investments530
Total current assets:4287842
Noncurrent Assets
Property, plant and equipment767352
Intangible assets, net (including goodwill), including:87696
Goodwill80616
Intangible assets, net (excluding goodwill)6 0
Other undisclosed intangible assets, net (including goodwill)18 
Total noncurrent assets:16314258
Other undisclosed assets8,2077,9696,591
TOTAL ASSETS:8,7998,1896,692
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities7,7877,2065,720
Total liabilities:7,7877,2065,720
Stockholders' equity
Stockholders' equity attributable to parent, including:1,011983972
Common stock111
Treasury stock, value(163)(55) 
Additional paid in capital610532527
Accumulated other comprehensive loss(70)(69)(72)
Retained earnings673615560
Unearned esop shares(39)(42)(44)
Other undisclosed stockholders' equity attributable to parent(1)(1)(1)
Total stockholders' equity:1,011983972
TOTAL LIABILITIES AND EQUITY:8,7998,1896,692

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Revenues260222199
Net investment income259222194
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
(18)(4)(7)
Gross profit:242218192
Operating expenses(33)(32)(23)
Other operating income, net
(Noninterest Income, Other Operating Income)
765
Operating income:216192174
Nonoperating income
(Bank Owned Life Insurance Income)
765
Interest and debt expense(75)(89)(62)
Other undisclosed loss from continuing operations before equity method investments, income taxes(71)(38)(84)
Income from continuing operations before income taxes:767134
Income tax expense(19)(16)(11)
Net income available to common stockholders, diluted:585523

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
Net income:585523
Other comprehensive income043
Comprehensive income:585826
Other undisclosed comprehensive loss, net of tax, attributable to parent(1) (9)
Comprehensive income, net of tax, attributable to parent:575816

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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