Northfield Bancorp

Northfield Bancorp, Inc. is a holding company which engages in the provision of banking and financial services. Through its subsidiary, Northfield Bank, its business consists of originating multifamily and other commercial real estate loans, purchasing investment securities, including mortgage-backed securities and corporate bonds, and, to a lesser extent, depositing funds in other financial institutions. The company was founded on March 1, 1887 and is headquartered in Woodbridge, NJ.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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Northfield Bancorp (NFBK) came out with quarterly earnings of $0.16 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.19 per share a year ago.

Northfield Bancorp (NFBK) Matches Q3 Earnings Estimates

NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.16 FOR THE CURRENT QUARTER COMPARED TO $0.14 FOR THE TRAILING QUARTER, AND $0.19 FOR THE THIRD QUARTER OF 2023. NET INTEREST MARGIN REMAINED RELATIVELY STABLE AT 2.08% FOR THE CURRENT QUARTER AS COMPARED TO 2.09% FOR THE TRAILING QUARTER.

Northfield Bancorp, Inc. Announces Third Quarter 2024 Results

Northfield (NFBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Northfield (NFBK) Upgraded to Strong Buy: What Does It Mean for the Stock?

STATEN ISLAND, N.Y., Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Northfield Bank Foundation announced today that John P.

John P. Connors, Jr. Named Chair of the Northfield Bank Foundation

Northfield Bancorp's net interest income is under pressure due to rising interest expenses, impacting overall profitability despite a strong loan book. The bank's conservative asset management results in lower returns but enhances its safety profile, with a significant portion of assets in cash and low-risk securities. Northfield trades at a discount to its tangible book value, making it appealing despite a high earnings multiple, with potential for future earnings growth.

Northfield Bancorp: The 24% Discount To Tangible Book Value Is Appealing

Northfield Bancorp (NFBK) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.22 per share a year ago.

Northfield Bancorp (NFBK) Q2 Earnings and Revenues Top Estimates

NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.14 FOR THE CURRENT QUARTER COMPARED TO $0.15 FOR THE TRAILING QUARTER, AND $0.22 FOR THE SECOND QUARTER OF 2023. RESULTS INCLUDE $0.03 PER SHARE IN EXPENSES ASSOCIATED WITH SEVERANCE PAYMENTS AND DEFERRED TAX ASSET WRITE-OFFS RELATED TO EXPIRED STOCK OPTIONS.

Northfield Bancorp, Inc. Announces Second Quarter 2024 Results

WOODBRIDGE, N.J., July 16, 2024 (GLOBE NEWSWIRE) -- Northfield Bank, wholly-owned subsidiary of Northfield Bancorp, Inc. (NASDAQ: NFBK), announced today that Steven M. Klein, President and Chief Executive Officer, has been named to the Board of Directors of the Federal Home Loan Bank of New York (the “FHLBNY”).

Steve M. Klein, President and CEO of Northfield Bank, Elected to the Board of Directors of the Federal Home Loan Bank of New York

Northfield Bancorp (NFBK) announces a new share repurchase program worth $10 million, with no set expiration date. Its strong liquidity position is expected to help sustain the capital distributions.

Northfield Bancorp (NFBK) Announces New $10M Repurchase Plan

NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.15 FOR THE CURRENT QUARTER COMPARED TO $0.19 FOR THE TRAILING QUARTER, AND $0.26 FOR THE FIRST QUARTER OF 2023. NET INTEREST INCOME OF $27.9 MILLION, DECREASED $1.0 MILLION, OR 3.6%, PRIMARILY REFLECTING INCREASED FUNDING COSTS AND LOWER LOAN BALANCES.

Northfield Bancorp, Inc. Announces First Quarter 2024 Results

Interest rate cuts will trigger loan growth and help the margin to expand this year. Northfield Bancorp's earnings will likely remain flat as operating expense growth will counter loan and margin growth. The December 2024 target price suggests a price upside of over 22%.

Northfield Bancorp: Over 5% Dividend Yield, Attractive Valuation (Rating Upgrade)

WOODBRIDGE, N.J., Jan. 24, 2024 (GLOBE NEWSWIRE) -- NORTHFIELD BANCORP, INC. (Nasdaq:NFBK) (the “Company'), today announced that its Boards of Directors appointed Dr. Rachana A. Kulkarni as a director of both the Company and Northfield Bank effective February 1, 2024.

Northfield Bancorp, Inc. Announces the Appointment of Dr. Rachana A. Kulkarni to Its Board of Directors

NOTABLE ITEMS INCLUDE: FOURTH QUARTER 2023 DILUTED EARNINGS PER SHARE OF $0.19 FOR THE FOURTH QUARTER OF 2023, COMPARED TO $0.19 FOR THE TRAILING QUARTER, AND $0.31 FOR THE FOURTH QUARTER OF 2022. NET INTEREST MARGIN COMPRESSION SLOWED TO EIGHT BASIS POINTS COMPARED TO A NINE BASIS POINT DECREASE FOR THE QUARTER ENDED SEPTEMBER 30, 2023.

Northfield Bancorp, Inc. Announces Fourth Quarter and Year End 2023 Results

Northfield Bancorp (NFBK) came out with quarterly earnings of $0.19 per share, missing the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.37 per share a year ago.

Northfield Bancorp (NFBK) Q3 Earnings and Revenues Miss Estimates

NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.19 FOR THE CURRENT QUARTER COMPARED TO $0.22 FOR THE TRAILING QUARTER, AND $0.37 FOR THE THIRD QUARTER OF 2022. ON A LINKED QUARTER BASIS, NET INTEREST MARGIN COMPRESSION SLOWED TO NINE BASIS POINTS VERSUS A 29 BASIS POINT DECREASE FOR THE QUARTER ENDED JUNE 30, 2023.

Northfield Bancorp, Inc. Announces Third Quarter 2023 Results

WOODBRIDGE, N.J., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Northfield Bank, wholly-owned subsidiary of Northfield Bancorp, Inc. (NASDAQ: NFBK), announced today that Vickie Tomasello has joined Northfield Bank (“Northfield” or the “Bank”) as Executive Vice President and Chief Risk Officer. Ms. Tomasello will be responsible for managing the effective governance of risk programs and overseeing the Information Security, Bank Secrecy, Security, Credit Administration, Risk Management, and Compliance areas of the Bank.

Vickie Tomasello Joins Northfield Bank as Executive Vice President and Chief Risk Officer

Northfield Bancorp (NFBK) came out with quarterly earnings of $0.22 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.34 per share a year ago.

Northfield Bancorp (NFBK) Q2 Earnings Match Estimates

NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.22 FOR THE CURRENT QUARTER AS COMPARED TO $0.26 FOR THE TRAILING QUARTER, AND $0.34 FOR THE SECOND QUARTER OF 2022. NET INTEREST MARGIN DECREASED BY 29 BASIS POINTS TO 2.34% FOR THE CURRENT QUARTER AS COMPARED TO 2.63% FOR THE TRAILING QUARTER, AND BY 69 BASIS POINTS COMPARED TO 3.03% FOR THE SECOND QUARTER OF 2022.

Northfield Bancorp, Inc. Announces Second Quarter 2023 Results

Northfield (NFBK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Northfield Bancorp (NFBK) to Report a Decline in Earnings: What to Look Out for

Northfield Bancorp (NFBK) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.30 per share a year ago.

Northfield Bancorp (NFBK) Q1 Earnings and Revenues Miss Estimates

NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.26 FOR THE CURRENT QUARTER AS COMPARED TO $0.31 FOR THE TRAILING QUARTER, AND $0.30 FOR THE FIRST QUARTER OF 2022. NET INTEREST MARGIN DECREASED BY 26 BASIS POINTS TO 2.63% COMPARED TO 2.89% FOR THE TRAILING QUARTER, AND BY 24 BASIS POINTS COMPARED TO 2.87% FOR THE FIRST QUARTER OF 2022.

Northfield Bancorp, Inc. Announces First Quarter 2023 Results

Northfield Bancorp, Inc. Announces Fourth Quarter and Year End 2022 Results

Northfield (NFBK) delivered earnings and revenue surprises of 12.12% and 3.03%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Northfield Bancorp (NFBK) Beats Q3 Earnings and Revenue Estimates

Northfield Bancorp, Inc. Announces Third Quarter 2022 Results

Northfield (NFBK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

News for Northfield Bancorp Stock (NFBK)