NFBK

NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.30 FOR THE CURRENT QUARTER COMPARED TO A LOSS OF $0.69 FOR THE TRAILING QUARTER, AND DILUTED EARNINGS PER SHARE OF $0.19 FOR THE FIRST QUARTER OF 2025. Current quarter earnings included non-tax deductible merger expenses of $1.7 million, or $0.04 per share, related to the pending merger with Columbia Financial, Inc. Trailing quarter results included the impact of a non-cash, non-tax deductible goodwill impairment charge of $41.0 million, or $1.03 per share. NET INTEREST INCOME FOR THE QUARTER WAS $37.0 MILLION, AN INCREASE OF $296,000, OR 3.2% ANNUALIZED, COMPARED TO $36.7 MILLION FOR THE TRAILING QUARTER, AND AN INCREASE OF $5.2 MILLION, OR 65.1% ANNUALIZED, COMPARED TO $31.8 MILLION FOR THE FIRST QUARTER OF 2025. NET INTEREST MARGIN INCREASED BY SIX BASIS POINTS TO 2.76% FOR THE CURRENT QUARTER AS COMPARED TO 2.70% FOR THE TRAILING QUARTER, AND BY 38 BASIS POINTS AS COMPARED TO 2.38% FOR THE FIRST QUARTER OF 2025. DEPOSITS, EXCLUDING BROKERED, INCREASED BY $83.3 MILLION, OR 8.4% ANNUALIZED, FROM DECEMBER 31, 2025. COST OF DEPOSITS, EXCLUDING BROKERED, DECREASED TO 1.74% AT MARCH 31, 2026, AS COMPARED TO 1.75% AT DECEMBER 31, 2025. LOAN BALANCES DECLINED BY $48.8 MILLION, OR 5.1% ANNUALIZED, FROM DECEMBER 31, 2025. THE DECREASE WAS PRIMARILY IN MULTIFAMILY LOANS. ASSET QUALITY REMAINS STRONG WITH NON-PERFORMING LOANS TO TOTAL LOANS AT 0.56% AT MARCH 31, 2026, COMPARED TO 0.42% AT DECEMBER 31, 2025. CASH DIVIDEND DECLARED OF $0.13 PER SHARE OF COMMON STOCK, PAYABLE ON MAY 20, 2026, TO STOCKHOLDERS OF RECORD AS OF MAY 6, 2026. WOODBRIDGE, N.J., April 20, 2026 (GLOBE NEWSWIRE) -- NORTHFIELD BANCORP, INC. (Nasdaq:NFBK) (the “Company”), the holding company for Northfield Bank, reported net income of $11.8 million, or $0.30 per diluted share, for the three months ended March 31, 2026, compared to a net loss of $27.4 million, or $0.69 per share, for the three months ended December 31, 2025, and net income of $7.9 million, or $0.19 per diluted share, for the three months ended March 31, 2025. The increase in net income for three months ended March 31, 2026, as compared to the three months ended December 31, 2025, was primarily due to a non-cash, non-tax deductible goodwill impairment charge of $41.0 million, or $1.03 per share, in the three months ended December 31, 2025, partially offset by...

Northfield Bancorp (NFBK) reported Q1 earnings late Monday of $0.30 per diluted share, up from $0.19

WOODBRIDGE, N.J. (AP) — WOODBRIDGE, N.J. (AP) — Northfield Bancorp Inc. (NFBK) on Monday reported earnings of $11.8 million in its first quarter. The Woodbridge, New Jersey-based company said it had net income of 30 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 34 cents per share. The holding company for Northfield Bank posted revenue of $66.3 million in the period. Its adjusted revenue was $40.4 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NFBK at https://www.zacks.com/ap/NFBK

NOTABLE ITEMS FOR THE QUARTER: NORTHFIELD BANCORP, INC. HAS AGREED TO MERGE WITH COLUMBIA FINANCIAL, INC. (NASDAQ: CLBK) SEE JOINT PRESS RELEASE FOR FURTHER DETAILS. CASH DIVIDEND OF $0.13 PER SHARE, PAYABLE FEBRUARY 25, 2026, TO STOCKHOLDERS OF RECORD AS OF FEBRUARY 12, 2026. $41.0 GOODWILL IMPAIRMENT CHARGE RECORDED RESULTING IN A NET LOSS FOR THE FOURTH QUARTER OF 2025 OF $27.4 MILLION, OR $0.69 PER SHARE, COMPARED TO NET INCOME OF $10.8 MILLION, OR $0.27 PER DILUTED SHARE, FOR THE TRAILING QUARTER, AND NET INCOME OF $11.3 MILLION, OR $0.27 PER DILUTED SHARE, FOR THE FOURTH QUARTER OF 2024. Fourth quarter 2025 results included the impact of a non-cash, non-tax deductible goodwill impairment charge of $41.0 million, or $1.03 per share, which had no impact on the Company's asset quality, liquidity, or regulatory capital. After this impairment charge the Company has no goodwill remaining. Fourth quarter 2024 results included a gain of $0.06 per share on the sale and consolidation of a Staten Island branch. NET INTEREST MARGIN INCREASED BY 16 BASIS POINTS TO 2.70% FOR THE CURRENT QUARTER AS COMPARED TO 2.54% FOR THE TRAILING QUARTER, AND BY 52 BASIS POINTS COMPARED TO 2.18% FOR THE FOURTH QUARTER OF 2024. NET INTEREST INCOME FOR THE CURRENT QUARTER WAS $36.7 MILLION, AN INCREASE OF $2.2 MILLION, OR 25.0% ANNUALIZED, COMPARED TO $34.5 MILLION FOR THE TRAILING QUARTER, AND AN INCREASE OF $7.0 MILLION, OR 94.1% ANNUALIZED, COMPARED TO $29.7 MILLION FOR THE FOURTH QUARTER OF 2024. DEPOSITS, EXCLUDING BROKERED, INCREASED BY $31.5 MILLION, OR 3.2% ANNUALIZED, FROM SEPTEMBER 30, 2025. LOAN BALANCES DECLINED BY $43.4 MILLION, OR 4.5% ANNUALIZED, FROM SEPTEMBER 30, 2025, PRIMARILY DUE TO A $79.1 MILLION DECREASE IN MULTIFAMILY LOANS, PARTIALLY OFFSET BY INCREASES IN ALL OTHER LOAN CATEGORIES, EXCEPT ONE-TO-FOUR FAMILY RESIDENTIAL LOANS. COST OF DEPOSITS, EXCLUDING BROKERED, DECREASED TO 1.75% AT DECEMBER 31, 2025, AS COMPARED TO 1.85% AT SEPTEMBER 30, 2025. ASSET QUALITY REMAINS STRONG WITH NON-PERFORMING LOANS TO TOTAL LOANS AT 0.42% COMPARED TO 0.49% AT SEPTEMBER 30, 2025. WOODBRIDGE, N.J., Feb. 02, 2026 (GLOBE NEWSWIRE) -- NORTHFIELD BANCORP, INC. (the “Company”) (Nasdaq:NFBK), the holding company for Northfield Bank, reported a net loss of $27.4 million, or $0.69 per share, for the quarter ended December 31, 2025, as compared to net income of $10.8 million, or $0....

WOODBRIDGE, N.J. (AP) — WOODBRIDGE, N.J. (AP) — Northfield Bancorp Inc. (NFBK) on Monday reported a loss of $27.4 million in its fourth quarter. The Woodbridge, New Jersey-based company said it had a loss of 69 cents per share. Earnings, adjusted for asset impairment costs, were 34 cents per share. The holding company for Northfield Bank posted revenue of $68.3 million in the period. Its adjusted revenue was $41.3 million. For the year, the company reported profit of $796,000, or 2 cents per share. Revenue was reported as $154.3 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NFBK at https://www.zacks.com/ap/NFBK

Northfield Bancorp (NFBK) posted a net profit margin of 27.8%, up sharply from 21.6% the previous year. The company delivered EPS growth of 46.6% after a five-year stretch marked by an average annual decline of 11.5%. The stock trades at 11.4x earnings, which is a relative bargain compared to peers at 16.1x. The bank’s recent earnings are considered high quality, even though shares are trading just above an internal fair value estimate. Investors will likely weigh dividend strength and improved margins against the lack of visible future growth expectations and the current valuation premium. See our full analysis for Northfield Bancorp (Staten Island NY). The next section looks at how Northfield Bancorp’s results measure up against the stories and expectations circulating in the market, drawing insights from the broader Simply Wall St community. Curious how numbers become stories that shape markets? Explore Community Narratives Net profit margin reached 27.8%, climbing from 21.6% last year and marking a notable shift after years of profitability contraction. What is surprising from the latest numbers is that the margin improvement comes after a five-year stretch where annual earnings actually declined by an average of 11.5% per year. Recent year-over-year earnings growth of 46.6% stands in sharp contrast to that multi-year trend. This turnaround, without clear forward earnings expectations, brings together caution about sustainability with genuine optimism about the current run-rate. Northfield Bancorp’s dividend is highlighted as attractive by multiple sources and remains a core feature for income-focused investors, even though management has not provided explicit future growth guidance. Bulls point to the continuity of the payout and improved profitability as pillars of the “defensive income play” argument. The combination of a sturdy dividend and high recent margins supports the bullish narrative, reinforcing Northfield as a regional bank favored for stability rather than high growth. With no visible guidance for the next period, investors leaning bullish highlight strong recent performance as enough to justify continued income appeal, as long as core banking trends do not weaken. The price-to-earnings ratio of 11.4x positions NFBK at a significant discount to peer banks averaging 16.1x, yet the share price of $10.72 currently sits well above the DCF fair...

NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.27 FOR THE CURRENT QUARTER COMPARED TO $0.24 FOR THE TRAILING QUARTER, AND $0.16 FOR THE THIRD QUARTER OF 2024. NET INTEREST INCOME FOR THE QUARTER WAS $34.5 MILLION, AN INCREASE OF $116,000, OR 1.3% ANNUALIZED, COMPARED TO $34.4 MILLION FOR THE TRAILING QUARTER, AND AN INCREASE OF $6.3 MILLION, OR 89.0% ANNUALIZED, COMPARED TO $28.2 MILLION FOR THE THIRD QUARTER OF 2024. THE NET INTEREST MARGIN FOR THE CURRENT QUARTER WAS 2.54% COMPARED TO 2.57% FOR THE TRAILING QUARTER, AND 2.08% FOR THE THIRD QUARTER OF 2024. ITEMS OF NOTE: PREPAYMENT INCOME WAS $416,000 (OR 3 BASIS POINTS) HIGHER IN THE TRAILING QUARTER COMPARED TO THE CURRENT QUARTER. RECOVERY OF NON-ACCRUAL INTEREST WAS $609,000 (OR 4 BASIS POINTS) HIGHER IN THE TRAILING QUARTER COMPARED TO THE CURRENT QUARTER. DEPOSITS, EXCLUDING BROKERED, INCREASED BY $32.6 MILLION, OR 3.3% ANNUALIZED, FROM JUNE 30, 2025, AND $68.7 MILLION, OR 2.4% ANNUALIZED, FROM DECEMBER 31, 2024. WHILE LOAN BALANCES DECLINED MODESTLY BY $20.3 MILLION, OR 2.1% ANNUALIZED, FROM JUNE 2025, THE DECREASE WAS PRIMARILY IN MULTIFAMILY LOANS, WHICH WAS PARTIALLY OFFSET BY INCREASES IN ALL OTHER LOAN CATEGORIES. COST OF DEPOSITS, EXCLUDING BROKERED DEPOSITS, DECREASED TO 1.85% AT SEPTEMBER 30, 2025 COMPARED TO 1.88% AT JUNE 30, 2025. ASSET QUALITY REMAINS STRONG WITH NON-PERFORMING LOANS TO TOTAL LOANS AT 0.49% AT SEPTEMBER 30, 2025 COMPARED TO 0.36% AT JUNE 30, 2025. CASH DIVIDEND DECLARED OF $0.13 PER SHARE OF COMMON STOCK, PAYABLE ON NOVEMBER 19, 2025, TO STOCKHOLDERS OF RECORD AS OF NOVEMBER 5, 2025. WOODBRIDGE, N.J., Oct. 22, 2025 (GLOBE NEWSWIRE) -- NORTHFIELD BANCORP, INC. (Nasdaq:NFBK) (the “Company”), the holding company for Northfield Bank, reported net income of $10.8 million, or $0.27 per diluted share, for the three months ended September 30, 2025, compared to $9.6 million, or $0.24 per diluted share, for the three months ended June 30, 2025, and $6.5 million, or $0.16 per diluted share, for the three months ended September 30, 2024. For the nine months ended September 30, 2025, net income totaled $28.2 million, or $0.70 per diluted share, compared to $18.7 million, or $0.45 per diluted share, for the nine months ended September 30, 2024. For the nine months ended September 30, 2025, net income included $580,000 of additional tax expense related to opti...

WOODBRIDGE, N.J. (AP) — WOODBRIDGE, N.J. (AP) — Northfield Bancorp Inc. (NFBK) on Wednesday reported profit of $10.8 million in its third quarter. On a per-share basis, the Woodbridge, New Jersey-based company said it had net income of 27 cents. The holding company for Northfield Bank posted revenue of $67.7 million in the period. Its adjusted revenue was $39.2 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NFBK at https://www.zacks.com/ap/NFBK

Revenue: US$36.8m (up 14% from 2Q 2024). Net income: US$9.57m (up 61% from 2Q 2024). Profit margin: 26% (up from 19% in 2Q 2024). The increase in margin was driven by higher revenue. EPS: US$0.24 (up from US$0.14 in 2Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 6.6%. Earnings per share (EPS) also surpassed analyst estimates by 6.7%. Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 7.5% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are down 4.5% from a week ago. What about risks? Every company has them, and we've spotted 1 warning sign for Northfield Bancorp (Staten Island NY) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

WOODBRIDGE, N.J. (AP) — WOODBRIDGE, N.J. (AP) — Northfield Bancorp Inc. (NFBK) on Wednesday reported profit of $9.6 million in its second quarter. The Woodbridge, New Jersey-based company said it had net income of 24 cents per share. The holding company for Northfield Bank posted revenue of $67 million in the period. Its adjusted revenue was $38.9 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NFBK at https://www.zacks.com/ap/NFBK

NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.24 FOR THE CURRENT QUARTER COMPARED TO $0.19 FOR THE TRAILING QUARTER, AND $0.14 FOR THE SECOND QUARTER OF 2024. NET INTEREST MARGIN INCREASED BY 19 BASIS POINTS TO 2.57% FOR THE CURRENT QUARTER COMPARED TO 2.38% FOR THE TRAILING QUARTER, AND BY 48 BASIS POINTS COMPARED TO 2.09% FOR THE SECOND QUARTER OF 2024, DRIVEN BY LOWER FUNDING COSTS AND HIGHER YIELDS ON INTEREST-EARNING ASSETS. COST OF DEPOSITS, EXCLUDING BROKERED DEPOSITS, AT JUNE 30, 2025 WAS 1.88% AS COMPARED TO 1.94% AT MARCH 31, 2025. ASSET QUALITY IMPROVED WITH NON-PERFORMING LOANS TO TOTAL LOANS AT 0.36% AT JUNE 30, 2025 COMPARED TO 0.48% AT MARCH 31, 2025. THE COMPANY MAINTAINED STRONG LIQUIDITY WITH OVER $800 MILLION IN UNPLEDGED AVAILABLE-FOR-SALE SECURITIES AND LOANS READILY AVAILABLE-FOR-PLEDGE OF APPROXIMATELY $1 BILLION. A $10.0 MILLION REPURCHASE PLAN APPROVED ON APRIL 23, 2025 WAS COMPLETED DURING THE CURRENT QUARTER AS THE COMPANY REPURCHASED 862,469 SHARES. CASH DIVIDEND DECLARED OF $0.13 PER SHARE OF COMMON STOCK, PAYABLE ON AUGUST 20, 2025, TO STOCKHOLDERS OF RECORD AS OF AUGUST 6, 2025. WOODBRIDGE, N.J., July 23, 2025 (GLOBE NEWSWIRE) -- NORTHFIELD BANCORP, INC. (Nasdaq:NFBK) (the “Company”), the holding company for Northfield Bank, reported net income of $9.6 million, or $0.24 per diluted share, for the three months ended June 30, 2025, compared to $7.9 million, or $0.19 per diluted share, for the three months ended March 31, 2025, and $6.0 million, or $0.14 per diluted share, for the three months ended June 30, 2024. For the six months ended June 30, 2025, net income totaled $17.4 million, or $0.43 per diluted share, compared to $12.2 million, or $0.29 per diluted share, for the six months ended June 30, 2024. For the three and six months ended June 30, 2025, net income included $580,000 of additional tax expense related to options that expired in May 2025. For the three and six months ended June 30, 2024, net income included $795,000 of additional tax expense related to options that expired in June 2024, and $683,000 of severance expense. The increase in net income for the current quarter and the six months ended June 30, 2025, as compared to the comparable prior year periods was primarily due to an increase in net interest income, attributable to lower funding costs and higher yields on loans and securit...

Revenue: US$32.2m (up 4.5% from 1Q 2024). Net income: US$7.88m (up 27% from 1Q 2024). Profit margin: 24% (up from 20% in 1Q 2024). The increase in margin was primarily driven by higher revenue. EPS: US$0.19 (up from US$0.15 in 1Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue exceeded analyst estimates by 6.7%. Earnings per share (EPS) also surpassed analyst estimates by 7.5%. Looking ahead, revenue is forecast to grow 8.7% p.a. on average during the next 2 years, compared to a 6.9% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are up 4.1% from a week ago. Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Northfield Bancorp (Staten Island NY) that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.