Columbia Financial Q3 2026 net income drops 65% year over year to $5.23 million
CLBK•Columbia Financial’s third-quarter 2026 net income fell 65% year over year to $5.23 million. Net interest income rose 99% to $114.38 million, while non-interest income swung to a $13.91 million loss and non-interest expense more than doubled to $97.51 million.
1. Quarterly results
Columbia Financial’s third-quarter 2026 net income fell 65% year over year to $5.23 million. Net interest income climbed 99% to $114.38 million, primarily due to higher interest income. Non-interest income swung to a $13.91 million loss, mainly due to securities and loan-transfer losses, while non-interest expense more than doubled to $97.51 million, primarily due to higher merger-related and employee costs.
2. Northfield acquisition
The Northfield acquisition closed July 20, adding approximately $5.2 billion in assets. Core system conversion is planned for the first quarter of 2027.
