Northfield Bancorp, Inc. operates as the bank holding company for Northfield Bank that provides various banking products and services primarily to individuals and corporate customers. It accepts various deposits products, including transaction accounts comprising negotiable orders of withdrawal accounts and non-interest bearing checking accounts; savings accounts, such as money market, passbook, and statement savings; certificates of deposit consisting of individual retirement accounts; and brokered deposits. The company also offers various loans comprising multifamily and other commercial real estate loans, construction and land loans, commercial and industrial loans, one-to-four family residential real estate loans, and home equity loans and lines of credit. In addition, it purchases various investment securities, such as mortgage-backed securities and corporate bonds; and deposits funds in other financial institutions, as well as holds primarily mortgage loans and other investments. The company operates through its home office located in Staten Island, New York; operations center located in Woodbridge, New Jersey; 38 additional branch offices located in New York and New Jersey; and a lending office located in Brooklyn, New York. Northfield Bancorp, Inc. was founded in 1887 and is based in Woodbridge, New Jersey.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Federal savings institutions
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
Current SymbolNASDAQ:NFBK
Previous Symbol
CUSIP66611T10
Phone732-499-7200
Debt
Debt-to-Equity Ratio0.67
Current Ratio1.03
Quick Ratio1.09
Price-To-Earnings
Trailing P/E Ratio18.90
Forward P/E Ratio16.43
P/E Growth2.02
Sales & Book Value
Annual Sales$144.51 million
Price / Sales4.73
Cash Flow$0.8214 per share
Price / Cash16.80
Book Value$13.21 per share
Price / Book1.04
Profitability
EPS (Most Recent Fiscal Year)$0.73
Net Income$24.76 million
Net Margins18.59%
Return on Equity5.87%
Return on Assets0.92%
Miscellaneous
Employees352
Outstanding Shares49,540,000
Market Cap$673.29 million
OptionableOptionable
Northfield Bancorp (NASDAQ:NFBK) Frequently Asked Questions
What is Northfield Bancorp's stock symbol?
Northfield Bancorp trades on the NASDAQ under the ticker symbol "NFBK."
How often does Northfield Bancorp pay dividends? What is the dividend yield for Northfield Bancorp?
Northfield Bancorp declared a quarterly dividend on Wednesday, October 24th. Shareholders of record on Wednesday, November 7th will be given a dividend of $0.10 per share on Wednesday, November 21st. This represents a $0.40 annualized dividend and a yield of 2.90%. The ex-dividend date of this dividend is Tuesday, November 6th. View Northfield Bancorp's Dividend History.
How were Northfield Bancorp's earnings last quarter?
Northfield Bancorp Inc (NASDAQ:NFBK) issued its quarterly earnings data on Wednesday, October, 24th. The bank reported $0.19 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.21 by $0.02. The bank had revenue of $30.56 million for the quarter, compared to analysts' expectations of $30.39 million. Northfield Bancorp had a return on equity of 5.87% and a net margin of 18.59%. View Northfield Bancorp's Earnings History.
When is Northfield Bancorp's next earnings date?
What price target have analysts set for NFBK?
3 brokerages have issued 1 year price targets for Northfield Bancorp's stock. Their forecasts range from $16.50 to $18.50. On average, they expect Northfield Bancorp's stock price to reach $17.6667 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price. View Analyst Price Targets for Northfield Bancorp.
What is the consensus analysts' recommendation for Northfield Bancorp?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northfield Bancorp in the last year. There are currently 3 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Northfield Bancorp.
Has Northfield Bancorp been receiving favorable news coverage?
News headlines about NFBK stock have been trending somewhat positive recently, InfoTrie reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Northfield Bancorp earned a news impact score of 1.7 on InfoTrie's scale. They also assigned media coverage about the bank a news buzz of 8.0 out of 10, indicating that recent press coverage is very likely to have an impact on the company's share price in the next few days.
Who are some of Northfield Bancorp's key competitors?
Some companies that are related to Northfield Bancorp include Provident Financial Services (PFS), LegacyTexas Financial Group (LTXB), Axos Financial (AX), Capitol Federal Financial (CFFN), Columbia Financial (CLBK), Flagstar Bancorp (FBC), Kearny Financial (KRNY), OceanFirst Financial (OCFC), Brookline Bancorp (BRKL), Meta Financial Group (CASH), BBX Capital (BBXTB), Dime Community Bancshares (DCOM), First Defiance Financial (FDEF), Access National (ANCX) and Hometrust Bancshares (HTBI).
Who are Northfield Bancorp's key executives?
Northfield Bancorp's management team includes the folowing people:
- Mr. Steven M. Klein CPA, Pres, CEO & Director (Age 52)
- Mr. William R. Jacobs, Exec. VP & CFO (Age 44)
- Mr. Michael J. Widmer, Exec. VP of Operations (Age 58)
- Ms. Robin Lefkowitz, Exec. VP of Bus. Devel. & Branch Admin.
- Mr. Kenneth J. Doherty, Chief Lending Officer & Exec. VP (Age 60)
Who are Northfield Bancorp's major shareholders?
Northfield Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.47%), Dimensional Fund Advisors LP (7.34%), Renaissance Technologies LLC (4.23%), JPMorgan Chase & Co. (3.00%), JPMorgan Chase & Co. (3.00%) and Bank of New York Mellon Corp (1.35%). Company insiders that own Northfield Bancorp stock include Annette Catino, Frank P Patafio, Gil Chapman, John P Connors Jr, John Wade Alexander, Kenneth J Doherty, Michael J Widmer, Patrick E Scura Jr, Patrick Louis Ryan, Robin Lefkowitz, Steven M Klein, Tara L French and William R Jacobs. View Institutional Ownership Trends for Northfield Bancorp.
Which major investors are selling Northfield Bancorp stock?
NFBK stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Russell Investments Group Ltd., Credit Suisse AG, Rhumbline Advisers, TIAA CREF Investment Management LLC and SG Americas Securities LLC. Company insiders that have sold Northfield Bancorp company stock in the last year include Frank P Patafio, Gil Chapman, John P Connors Jr, John Wade Alexander, Kenneth J Doherty, Michael J Widmer, Patrick E Scura Jr, Robin Lefkowitz, Steven M Klein and William R Jacobs. View Insider Buying and Selling for Northfield Bancorp.
Which major investors are buying Northfield Bancorp stock?
NFBK stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, Renaissance Technologies LLC, MetLife Investment Advisors LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Bank of New York Mellon Corp, Mutual of America Capital Management LLC and Wells Fargo & Company MN. Company insiders that have bought Northfield Bancorp stock in the last two years include Annette Catino, Michael J Widmer and Tara L French. View Insider Buying and Selling for Northfield Bancorp.
How do I buy shares of Northfield Bancorp?
Shares of NFBK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Northfield Bancorp's stock price today?
One share of NFBK stock can currently be purchased for approximately $13.80.
How big of a company is Northfield Bancorp?
Northfield Bancorp has a market capitalization of $673.29 million and generates $144.51 million in revenue each year. The bank earns $24.76 million in net income (profit) each year or $0.73 on an earnings per share basis. Northfield Bancorp employs 352 workers across the globe.
What is Northfield Bancorp's official website?
How can I contact Northfield Bancorp?
Northfield Bancorp's mailing address is 581 MAIN STREET SUITE 810, WOODBRIDGE NJ, 07095. The bank can be reached via phone at 732-499-7200 or via email at [email protected]
MarketBeat Community Rating for Northfield Bancorp (NASDAQ NFBK)
MarketBeat's community ratings are surveys of what our community members think about Northfield Bancorp and other stocks. Vote "Outperform" if you believe NFBK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NFBK will underperform the S&P 500 over the long term. You may vote once every thirty days.
