Northfield Banco Financials
This page shows Northfield Banco (NFBK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Northfield Banco's revenue surged 17.4% year-over-year to $6.4M, reflecting rapid business expansion. This strong growth earns a score of 78/100.
Northfield Banco carries a low D/E ratio of 0.95, meaning only $0.95 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 76/100, indicating a strong balance sheet with room for future borrowing.
Northfield Banco converts 465.8% of revenue into free cash flow ($30.0M). This strong cash generation earns a score of 100/100.
Northfield Banco generates a 4.3% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 17/100. This is down from 5.4% the prior year.
Northfield Banco passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Northfield Banco generates $1.04 in operating cash flow ($31.1M OCF vs $29.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Northfield Banco generated $6.4M in revenue in fiscal year 2024. This represents an increase of 17.4% from the prior year.
Northfield Banco generated $30.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents a decrease of 30.9% from the prior year.
Northfield Banco reported $29.9M in net income in fiscal year 2024. This represents a decrease of 20.5% from the prior year.
Northfield Banco earned $0.72 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 16.3% from the prior year.
Northfield Banco held $167.7M in cash against $666.4M in long-term debt as of fiscal year 2024.
Northfield Banco paid $0.52 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.
Northfield Banco had 43M shares outstanding in fiscal year 2024. This represents a decrease of 3.6% from the prior year.
Northfield Banco's net profit margin was 465.7% in fiscal year 2024, showing the share of revenue converted to profit. This is down 221.8 percentage points from the prior year.
Northfield Banco's ROE was 4.3% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.1 percentage points from the prior year.
Northfield Banco spent $18.7M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 49.8% from the prior year.
Northfield Banco invested $1.2M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 68.0% from the prior year.
NFBK Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.8M+6.4% | $1.7M+4.0% | $1.6M-0.9% | $1.6M+1.4% | $1.6M+2.6% | $1.6M-2.8% | $1.6M+9.6% | $1.5M |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Income | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Interest Expense | $28.4M+1.4% | $28.0M-1.0% | $28.3M-5.8% | $30.0M-3.4% | $31.1M-1.4% | $31.5M+2.5% | $30.8M+20.4% | $25.5M |
| Income Tax | $4.0M-6.0% | $4.3M+47.1% | $2.9M+9.2% | $2.7M+13.1% | $2.4M-26.4% | $3.2M+39.5% | $2.3M-25.0% | $3.1M |
| Net Income | $10.8M+12.3% | $9.6M+21.5% | $7.9M-30.0% | $11.3M+72.5% | $6.5M+9.5% | $6.0M-4.1% | $6.2M-24.4% | $8.2M |
| EPS (Diluted) | $0.27+12.5% | $0.24+26.3% | $0.19-29.6% | $0.27+68.8% | $0.16+14.3% | $0.14-6.7% | $0.15-21.1% | $0.19 |
NFBK Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.7B+0.8% | $5.7B-0.5% | $5.7B+0.8% | $5.7B-1.1% | $5.7B-0.3% | $5.7B-1.8% | $5.9B+4.5% | $5.6B |
| Current Assets | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Cash & Equivalents | $131.7M+34.9% | $97.6M-4.0% | $101.7M-39.4% | $167.7M-28.0% | $232.9M+51.8% | $153.5M-35.7% | $238.8M+4.0% | $229.5M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Goodwill | $41.0M0.0% | $41.0M0.0% | $41.0M0.0% | $41.0M0.0% | $41.0M0.0% | $41.0M0.0% | $41.0M0.0% | $41.0M |
| Total Liabilities | $5.0B+0.7% | $5.0B-0.6% | $5.0B+0.7% | $5.0B-1.4% | $5.0B-0.4% | $5.1B-1.9% | $5.2B+5.2% | $4.9B |
| Current Liabilities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Long-Term Debt | N/A | N/A | N/A | $666.4M | N/A | N/A | N/A | $859.3M |
| Total Equity | $719.6M+1.3% | $710.3M-0.1% | $711.1M+0.9% | $704.7M+0.7% | $699.6M+0.9% | $693.0M-0.8% | $698.4M-0.1% | $699.4M |
| Retained Earnings | $453.0M+1.2% | $447.5M+1.0% | $443.2M+0.6% | $440.8M+1.2% | $435.5M+0.3% | $434.3M+0.1% | $433.9M+0.2% | $433.2M |
NFBK Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $13.9M-1.4% | $14.1M+49.8% | $9.4M+57.2% | $6.0M-57.1% | $14.0M+102.0% | $6.9M+63.1% | $4.2M-70.3% | $14.3M |
| Capital Expenditures | $327K+48.6% | $220K-14.7% | $258K+6.6% | $242K+10.0% | $220K-8.7% | $241K-46.6% | $451K-70.5% | $1.5M |
| Free Cash Flow | $13.6M-2.2% | $13.9M+51.7% | $9.2M+59.3% | $5.8M-58.1% | $13.7M+106.0% | $6.7M+76.2% | $3.8M-70.3% | $12.8M |
| Investing Cash Flow | -$8.2M-134.0% | $24.1M+122.7% | -$106.3M-1728.2% | -$5.8M-105.7% | $102.9M+332.4% | $23.8M+109.9% | -$239.4M-4956.5% | -$4.7M |
| Financing Cash Flow | $28.4M+167.1% | -$42.3M-237.1% | $30.8M+147.2% | -$65.4M-74.5% | -$37.5M+67.7% | -$116.0M-147.5% | $244.5M+75.4% | $139.4M |
| Dividends Paid | $5.3M-0.7% | $5.3M-1.7% | $5.4M+0.4% | $5.4M-0.2% | $5.4M-2.7% | $5.5M-0.7% | $5.6M+0.6% | $5.5M |
| Share Buybacks | $0-100.0% | $10.0M+91.4% | $5.2M+522300.0% | $1K-100.0% | $6.7M-22.5% | $8.7M+161.2% | $3.3M-25.1% | $4.4M |
NFBK Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Margin | 599.9%+31.9pp | 568.0%+81.8pp | 486.2%-202.4pp | 688.6%+283.7pp | 404.9%+25.5pp | 379.4%-5.3pp | 384.8%-173.4pp | 558.2% |
| Return on Equity | 1.5%+0.1pp | 1.4%+0.2pp | 1.1%-0.5pp | 1.6%+0.7pp | 0.9%+0.1pp | 0.9%-0.0pp | 0.9%-0.3pp | 1.2% |
| Return on Assets | 0.2%+0.0pp | 0.2%+0.0pp | 0.1%-0.1pp | 0.2%+0.1pp | 0.1%+0.0pp | 0.1%-0.0pp | 0.1%-0.0pp | 0.1% |
| Current Ratio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Debt-to-Equity | 6.96-0.0 | 7.00-0.0 | 7.03+6.1 | 0.95-6.2 | 7.19-0.1 | 7.29-0.1 | 7.38+6.1 | 1.23 |
| FCF Margin | 758.6%-66.6pp | 825.2%+259.2pp | 565.9%+213.8pp | 352.1%-500.8pp | 853.0%+428.1pp | 424.8%+190.4pp | 234.4%-631.6pp | 866.0% |
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Frequently Asked Questions
What is Northfield Banco's annual revenue?
Northfield Banco (NFBK) reported $6.4M in total revenue for fiscal year 2024. This represents a 17.4% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Northfield Banco's revenue growing?
Northfield Banco (NFBK) revenue grew by 17.4% year-over-year, from $5.5M to $6.4M in fiscal year 2024.
Is Northfield Banco profitable?
Yes, Northfield Banco (NFBK) reported a net income of $29.9M in fiscal year 2024, with a net profit margin of 465.7%.
What is Northfield Banco's earnings per share (EPS)?
Northfield Banco (NFBK) reported diluted earnings per share of $0.72 for fiscal year 2024. This represents a -16.3% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
How much debt does Northfield Banco have?
As of fiscal year 2024, Northfield Banco (NFBK) had $167.7M in cash and equivalents against $666.4M in long-term debt.
What is Northfield Banco's net profit margin?
Northfield Banco (NFBK) had a net profit margin of 465.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
Does Northfield Banco pay dividends?
Yes, Northfield Banco (NFBK) paid $0.52 per share in dividends during fiscal year 2024.
What is Northfield Banco's return on equity (ROE)?
Northfield Banco (NFBK) has a return on equity of 4.3% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Northfield Banco's free cash flow?
Northfield Banco (NFBK) generated $30.0M in free cash flow during fiscal year 2024. This represents a -30.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Northfield Banco's operating cash flow?
Northfield Banco (NFBK) generated $31.1M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Northfield Banco's total assets?
Northfield Banco (NFBK) had $5.7B in total assets as of fiscal year 2024, including both current and long-term assets.
What are Northfield Banco's capital expenditures?
Northfield Banco (NFBK) invested $1.2M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
Does Northfield Banco buy back shares?
Yes, Northfield Banco (NFBK) spent $18.7M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.
How many shares does Northfield Banco have outstanding?
Northfield Banco (NFBK) had 43M shares outstanding as of fiscal year 2024.
What is Northfield Banco's debt-to-equity ratio?
Northfield Banco (NFBK) had a debt-to-equity ratio of 0.95 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Northfield Banco's return on assets (ROA)?
Northfield Banco (NFBK) had a return on assets of 0.5% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Northfield Banco's Piotroski F-Score?
Northfield Banco (NFBK) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Northfield Banco's earnings high quality?
Northfield Banco (NFBK) has an earnings quality ratio of 1.04x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Northfield Banco?
Northfield Banco (NFBK) scores 68 out of 100 on our Financial Profile, indicating strong overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.