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
SymbolNASDAQ:NFBK
CUSIP66611T10
Phone732-499-7200
Debt
Debt-to-Equity Ratio0.81
Current Ratio1.09
Quick Ratio1.09
Price-To-Earnings
Trailing P/E Ratio22.66
Forward P/E Ratio19.93
P/E Growth2.44
Sales & Book Value
Annual Sales$144.51 million
Price / Sales5.66
Cash Flow$0.8258 per share
Price / Cash20.03
Book Value$13.09 per share
Price / Book1.26
Profitability
EPS (Most Recent Fiscal Year)$0.73
Net Income$24.76 million
Net Margins18.48%
Return on Equity5.75%
Return on Assets0.91%
Miscellaneous
Employees352
Outstanding Shares49,490,000
Market Cap$801.79 million
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, July 25th. Stockholders of record on Wednesday, August 8th will be paid a dividend of $0.10 per share on Wednesday, August 22nd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 2.42%. The ex-dividend date of this dividend is Tuesday, August 7th. View Northfield Bancorp's Dividend History.
How were Northfield Bancorp's earnings last quarter?
Northfield Bancorp Inc (NASDAQ:NFBK) posted its earnings results on Friday, July, 27th. The bank reported $0.23 EPS for the quarter, topping the Zacks' consensus estimate of $0.21 by $0.02. The bank earned $30.22 million during the quarter, compared to analysts' expectations of $30.37 million. Northfield Bancorp had a return on equity of 5.75% and a net margin of 18.48%. View Northfield Bancorp's Earnings History.
When is Northfield Bancorp's next earnings date?
What price target have analysts set for NFBK?
4 analysts have issued 12-month price objectives for Northfield Bancorp's shares. Their predictions range from $16.50 to $18.50. On average, they anticipate Northfield Bancorp's stock price to reach $17.50 in the next twelve months. This suggests a possible upside of 5.8% from the stock's current price. View Analyst Price Targets for Northfield Bancorp.
What is the consensus analysts' recommendation for Northfield Bancorp?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Northfield Bancorp in the last year. There are currently 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Northfield Bancorp.
Who are some of Northfield Bancorp's key competitors?
Some companies that are related to Northfield Bancorp include BofI (BOFI), LegacyTexas Financial Group (LTXB), Flagstar Bancorp (FBC), Columbia Financial (CLBK), Capitol Federal Financial (CFFN), Provident Financial Services (PFS), Brookline Bancorp (BRKL), Kearny Financial (KRNY), OceanFirst Financial (OCFC), Meta Financial Group (CASH), BBX Capital Corp Class B (BBXTB), Dime Community Bancshares (DCOM), First Defiance Financial (FDEF), Sterling Bancorp (SBT) and Access National (ANCX).
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)
- Mr. Kenneth J. Doherty, Chief Lending Officer & Exec. VP (Age 60)
- Ms. Robin Lefkowitz, Exec. VP of Bus. Devel. & Branch Admin.
Has Northfield Bancorp been receiving favorable news coverage?
News coverage about NFBK stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Northfield Bancorp earned a daily sentiment score of 0.24 on Accern's scale. They also gave news articles about the bank an impact score of 45.69 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next few days. View Recent Headlines for Northfield Bancorp.
Who are Northfield Bancorp's major shareholders?
Northfield Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (13.03%), Dimensional Fund Advisors LP (7.21%), Renaissance Technologies LLC (4.21%), Russell Investments Group Ltd. (1.26%), Schwab Charles Investment Management Inc. (0.51%) and Boston Partners (0.45%). Company insiders that own Northfield Bancorp stock include Frank P Patafio, Gil Chapman, John Wade Alexander, Kenneth J Doherty, Michael J Widmer, Patrick E Scura Jr, Patrick Louis Ryan, Robin Lefkowitz, Steven M Klein 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 Russell Investments Group Ltd., Boston Partners, Citadel Advisors LLC, Renaissance Technologies LLC, Bank of America Corp DE, Arizona State Retirement System, Municipal Employees Retirement System of Michigan and TD Asset Management Inc.. Company insiders that have sold Northfield Bancorp company stock in the last year include Frank P Patafio, Gil Chapman, 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Dimensional Fund Advisors LP, California Public Employees Retirement System, Schwab Charles Investment Management Inc., First Trust Advisors LP, Piedmont Investment Advisors LLC, Raymond James Financial Services Advisors Inc. and SG Americas Securities LLC. 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 $16.54.
How big of a company is Northfield Bancorp?
Northfield Bancorp has a market capitalization of $801.79 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.
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.
