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Columbia Financial (FRA:64H) Total Assets : €9,786.5 Mil (As of Mar. 2024)


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What is Columbia Financial Total Assets?

Columbia Financial's Total Assets for the quarter that ended in Mar. 2024 was €9,786.5 Mil.

Warning Sign:

If a company builds assets at 9.6% a year, faster than its revenue growth rate of 8.7% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Columbia Financial's average Total Assets Growth Rate was 0.40% per year. During the past 3 years, the average Total Assets Growth Rate was 9.00% per year. During the past 5 years, the average Total Assets Growth Rate was 9.60% per year.

During the past 8 years, Columbia Financial's highest 3-Year average Total Assets Growth Rate was 18.50%. The lowest was 8.30%. And the median was 9.90%.

Total Assets is connected with ROA %. Columbia Financial's annualized ROA % for the quarter that ended in Mar. 2024 was -0.04%. Total Assets is also linked to Revenue through Asset Turnover. Columbia Financial's Asset Turnover for the quarter that ended in Mar. 2024 was 0.00.


Columbia Financial Total Assets Historical Data

The historical data trend for Columbia Financial's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Columbia Financial Total Assets Chart

Columbia Financial Annual Data
Trend Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial 7,369.83 7,232.40 8,163.33 9,825.31 9,761.99

Columbia Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9,932.76 9,308.71 9,673.16 9,761.99 9,786.52

Columbia Financial Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Columbia Financial's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=953.987+8807.999
=9,762.0

Columbia Financial's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=954.983+8831.534
=9,786.5

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Columbia Financial  (FRA:64H) Total Assets Explanation

Total Assets is connected with ROA %.

Columbia Financial's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-4.252/( (9761.986+9786.517)/ 2 )
=-4.252/9774.2515
=-0.04 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Columbia Financial's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=45.68/( (9761.986+9786.517)/ 2 )
=45.68/9774.2515
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Columbia Financial Total Assets Related Terms

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Columbia Financial (FRA:64H) Business Description

Traded in Other Exchanges
Address
19-01 Route 208 North, Fair Lawn, NJ, USA, 07410
Columbia Financial Inc is a federally chartered saving bank that serves the financial needs of depositors and the local community as a community-minded, customer service-focused institution. It offers traditional financial services to businesses and consumers. It attracts deposits from the general public and uses those funds to originate a variety of loans, including multifamily and commercial real estate loans, commercial business loans, one-to-four family real estate loans, construction loans, home equity loans and advances, and other consumer loans, and also offers a broad range of insurance products, investment solutions, and wealth management services.

Columbia Financial (FRA:64H) Headlines

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