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Northfield Bancorp Inc - NFBK STOCK NEWS

Welcome to our dedicated news page for Northfield Bancorp (Ticker: NFBK), a resource for investors and traders seeking the latest updates and insights on Northfield Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Northfield Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Northfield Bancorp's position in the market.

Rhea-AI Summary
Northfield Bancorp, Inc. reported diluted earnings per share of $0.15 for Q1 2024, compared to $0.19 for the previous quarter and $0.26 for Q1 2023. Net interest income decreased by 3.6% to $27.9 million, with a 17 basis points increase in average yields on interest-earning assets. Total deposits increased by $44 million, while loan balances declined modestly. The company maintained strong liquidity and repurchased shares worth $3.1 million. A cash dividend of $0.13 per share was declared. Overall asset quality remains strong, despite an increase in non-performing loans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.68%
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Rhea-AI Summary
Northfield Bancorp, Inc. appointed Dr. Rachana A. Kulkarni as a director of the company and Northfield Bank effective February 1, 2024. Dr. Kulkarni is a well-respected individual with diverse skills and contributions to her community. She is the President and Managing Partner of Medicor Cardiology and Regional Director of Cardiology of Barnabas Health Corp. Dr. Kulkarni holds leadership roles on several not-for-profit boards and is Board Certified in Internal Medicine, Cardiology, and Nuclear Cardiology. She earned her Medical Degree from the Government Medical College, India, her Master’s degree in Business Administration from Auburn University, and Certificate of Management Excellence from Harvard University.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.19%
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management
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Rhea-AI Summary
Northfield Bancorp, Inc. reported diluted earnings per share of $0.19 for Q4 2023, a decrease from $0.31 in Q4 2022. Total deposits increased by $110 million, and the company repurchased 430,521 shares for $4.4 million. Net interest margin decreased to 2.35% from 2.97% in 2022. The company declared a cash dividend of $0.13 per share.
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Rhea-AI Sentiment
End-of-Day
3.19%
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Rhea-AI Summary
Northfield Bancorp reports net income of $8.2 million for Q3 2023, compared to $9.6 million in Q2 2023 and $17.0 million in Q3 2022. Net interest margin compression slowed to 9 basis points. Total deposits increased by $76 million. Loan balances declined slightly. Non-performing loans remain at 0.24%. The company repurchased 285,588 shares for $3.2 million. Cash dividend declared of $0.13 per share of common stock.
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Rhea-AI Sentiment
End-of-Day
0.11%
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Rhea-AI Summary
Vickie Tomasello joins Northfield Bank as EVP and Chief Risk Officer
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End-of-Day
0.66%
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Rhea-AI Summary
NFBK: Northfield Bancorp Reports Q2 2023 Earnings, Declares Dividend. Net income of $9.6 million, diluted EPS of $0.22. Net interest margin decreased by 29 basis points. Loans held-for-investment increased by $32.1 million. Share repurchase program authorized. New branch in Elizabeth, NJ. Cash dividend declared of $0.13 per share.
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-0.16%
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Rhea-AI Summary
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-0.38%
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-8.35%
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Rhea-AI Summary
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2.3%
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Rhea-AI Impact
Rhea-AI Sentiment
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3.26%
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Northfield Bancorp Inc

Nasdaq:NFBK

NFBK Rankings

NFBK Stock Data

372.16M
42.40M
12.35%
59.03%
2.66%
Savings Institutions
Finance and Insurance
Link
US
Woodbridge

About NFBK

northfield bancorp, inc. (staten island, ny) operates as the bank holding company for northfield bank that provides various banking services primarily to individuals and corporate customers. it accepts various deposits products, including certificates of deposit, passbook, statement, and money market savings accounts; transaction accounts comprising negotiable orders of withdrawal accounts, and interest and non-interest bearing checking accounts; 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. as of ja