Northfield BancorpNFBK
NFBK
About: Northfield Bancorp Inc is the holding company for Northfield Bank. Its subsidiary provides banking services to individuals and corporate customers in Richmond and Kings Counties in New York, and Hunterdon, Mercer, Union and Middlesex counties in New Jersey. The bank attracts deposits and offers credit and other banking services.
Employees: 404
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
39% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 18
21% more capital invested
Capital invested by funds: $232M [Q2] → $281M (+$49.1M) [Q3]
5% more funds holding
Funds holding: 139 [Q2] → 146 (+7) [Q3]
4% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 46
0.56% less ownership
Funds ownership: 55.22% [Q2] → 54.67% (-0.56%) [Q3]
2% less call options, than puts
Call options by funds: $123K | Put options by funds: $126K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$14.25
19%
upside
Avg. target
$14.25
19%
upside
High target
$14.25
19%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Keefe, Bruyette & Woods Christopher O'Connell 70% 1-year accuracy 16 / 23 met price target | 19%upside $14.25 | Market Perform Maintained | 4 Dec 2024 |
Financial journalist opinion
Neutral
GlobeNewsWire
3 days ago
Steve M. Klein, Chairman and CEO of Northfield Bank, Elected to the Board of Directors of the Federal Home Loan Bank of New York
WOODBRIDGE, N.J., Dec. 17, 2024 (GLOBE NEWSWIRE) -- Northfield Bank, wholly-owned subsidiary of Northfield Bancorp, Inc. (NASDAQ: NFBK), announced today that Steven M. Klein, Chairman and Chief Executive Officer, has been elected to the Board of Directors of the Federal Home Loan Bank of New York (the “FHLBNY”) for a four-year term.
Positive
Zacks Investment Research
1 month ago
Northfield Bancorp (NFBK) Matches Q3 Earnings Estimates
Northfield Bancorp (NFBK) came out with quarterly earnings of $0.16 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.19 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Northfield Bancorp, Inc. Announces Third Quarter 2024 Results
NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.16 FOR THE CURRENT QUARTER COMPARED TO $0.14 FOR THE TRAILING QUARTER, AND $0.19 FOR THE THIRD QUARTER OF 2023. NET INTEREST MARGIN REMAINED RELATIVELY STABLE AT 2.08% FOR THE CURRENT QUARTER AS COMPARED TO 2.09% FOR THE TRAILING QUARTER.
Positive
Zacks Investment Research
2 months ago
Northfield (NFBK) Upgraded to Strong Buy: What Does It Mean for the Stock?
Northfield (NFBK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Neutral
GlobeNewsWire
3 months ago
John P. Connors, Jr. Named Chair of the Northfield Bank Foundation
STATEN ISLAND, N.Y., Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Northfield Bank Foundation announced today that John P.
Positive
Seeking Alpha
3 months ago
Northfield Bancorp: The 24% Discount To Tangible Book Value Is Appealing
Northfield Bancorp's net interest income is under pressure due to rising interest expenses, impacting overall profitability despite a strong loan book. The bank's conservative asset management results in lower returns but enhances its safety profile, with a significant portion of assets in cash and low-risk securities. Northfield trades at a discount to its tangible book value, making it appealing despite a high earnings multiple, with potential for future earnings growth.
Positive
Zacks Investment Research
4 months ago
Northfield Bancorp (NFBK) Q2 Earnings and Revenues Top Estimates
Northfield Bancorp (NFBK) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.22 per share a year ago.
Neutral
GlobeNewsWire
4 months ago
Northfield Bancorp, Inc. Announces Second Quarter 2024 Results
NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.14 FOR THE CURRENT QUARTER COMPARED TO $0.15 FOR THE TRAILING QUARTER, AND $0.22 FOR THE SECOND QUARTER OF 2023. RESULTS INCLUDE $0.03 PER SHARE IN EXPENSES ASSOCIATED WITH SEVERANCE PAYMENTS AND DEFERRED TAX ASSET WRITE-OFFS RELATED TO EXPIRED STOCK OPTIONS.
Neutral
GlobeNewsWire
5 months ago
Steve M. Klein, President and CEO of Northfield Bank, Elected to the Board of Directors of the Federal Home Loan Bank of New York
WOODBRIDGE, N.J., July 16, 2024 (GLOBE NEWSWIRE) -- Northfield Bank, wholly-owned subsidiary of Northfield Bancorp, Inc. (NASDAQ: NFBK), announced today that Steven M. Klein, President and Chief Executive Officer, has been named to the Board of Directors of the Federal Home Loan Bank of New York (the “FHLBNY”).
Neutral
Zacks Investment Research
6 months ago
Northfield Bancorp (NFBK) Announces New $10M Repurchase Plan
Northfield Bancorp (NFBK) announces a new share repurchase program worth $10 million, with no set expiration date. Its strong liquidity position is expected to help sustain the capital distributions.
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