Yahoo Finance Columbia Financial (CLBK) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended December 2023, Columbia Financial (CLBK) reported revenue of $56.59 million, down 25.5% over the same period last year. EPS came in at $0.09, compared to $0.21 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $54.9 million, representing a surprise of +3.08%. The company delivered an EPS surprise of +28.57%, with the consensus EPS estimate being $0.07.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Columbia Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 84.8% versus 78.8% estimated by two analysts on average.
Net Interest Margin: 1.9% compared to the 2% average estimate based on two analysts.
Total Non-Interest Income: $11.25 million versus the two-analyst average estimate of $8.50 million.
Net Interest Income: $45.34 million versus the two-analyst average estimate of $46.40 million.
View all Key Company Metrics for Columbia Financial here>>>
Shares of Columbia Financial have returned -3.5% over the past month versus the Zacks S&P 500 composite's +2.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Columbia Financial (CLBK) : Free Stock Analysis Report
