NASDAQ : NFBK
Northfield Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 15.31 USD (Jul 21, 2026, 11:20 AM EDT) · Market cap 639.40M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 184.95M | 184.83M | 183.93M | 181.64M | 160.91M | 158.22M |
| Interest Income on Investments | 66.96M | 64.26M | 53.98M | 27.16M | 18.78M | 14.08M |
| Total Interest Income | 251.91M | 249.10M | 237.91M | 208.79M | 179.69M | 172.30M |
| Interest Paid on Deposits | 75.57M | 78.89M | 82.27M | 48.75M | 10.29M | 6.21M |
| Interest Paid on Borrowings | 33.80M | 32.84M | 41.15M | 35.38M | 11.09M | 10.44M |
| Total Interest Expense | 109.37M | 111.73M | 123.42M | 84.13M | 21.38M | 16.65M |
| Net Interest Income | 142.54M | 137.37M | 114.48M | 124.67M | 158.31M | 155.65M |
| Income From Trading Activities | 1.74M | 1.69M | 1.67M | 1.72M | -2.21M | 1.70M |
| Gain (Loss) on Sale of Assets | 3.40M | |||||
| Gain (Loss) on Sale of Investments | -2.00K | -6.00K | -17.00K | 279.00K | 1.50M | |
| Other Non-Interest Income | 15.60M | 15.26M | 11.71M | 10.06M | 9.46M | 9.85M |
| Total Non-Interest Income | 17.34M | 16.95M | 16.82M | 11.90M | 7.98M | 14.45M |
| Revenues Before Loan Losses | 159.88M | 154.32M | 131.31M | 136.56M | 166.29M | 170.10M |
| Provision for Loan Losses | 5.07M | 7.40M | 4.28M | 1.35M | 4.48M | -6.18M |
| Revenue | 154.81M | 146.91M | 127.03M | 135.21M | 161.81M | 176.29M |
| Salaries and Employee Benefits | 47.47M | 46.38M | 45.09M | 42.13M | 37.83M | 40.03M |
| Occupancy Expenses | 3.09M | 3.09M | 3.44M | 3.38M | 3.61M | 4.07M |
| Federal Deposit Insurance | 2.38M | 2.40M | 2.49M | 2.33M | 1.41M | 1.36M |
| Selling, General & Administrative | 30.20M | 30.85M | 28.51M | 29.83M | 28.91M | 28.01M |
| Other Non-Interest Expense | 5.82M | 6.13M | 7.00M | 5.78M | 5.19M | 5.69M |
| Total Non-Interest Expense | 88.97M | 88.85M | 86.53M | 83.45M | 76.95M | 79.16M |
| EBT Excluding Unusual Items | 65.84M | 58.06M | 40.50M | 51.76M | 84.86M | 97.13M |
| Pretax Income | 23.12M | 17.05M | 40.50M | 51.76M | 84.86M | 97.13M |
| Income Tax Expense | 18.36M | 16.25M | 10.56M | 14.09M | 23.74M | 26.47M |
| Net Income | 4.76M | 796.00K | 29.95M | 37.67M | 61.12M | 70.65M |
| Net Income to Common | 4.76M | 796.00K | 29.95M | 37.67M | 61.12M | 70.65M |
| Basic Shares Outstanding | 39.85M | 40.12M | 41.57M | 43.56M | 46.23M | 48.42M |
| Diluted Shares Outstanding | 39.92M | 40.17M | 41.63M | 43.64M | 46.44M | 48.75M |
| EPS (Basic) | 0.12 | 0.02 | 0.72 | 0.86 | 1.32 | 1.46 |
| EPS (Diluted) | 0.12 | 0.02 | 0.72 | 0.86 | 1.32 | 1.45 |
| Dividend Per Share | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 | 0.52 |
| Effective Tax Rate | 79.40% | 95.33% | 26.06% | 27.22% | 27.98% | 27.26% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 239.61M | 163.95M | 167.74M | 229.51M | 45.80M | 91.07M |
| Investment Securities | 53.93M | 38.37M | 126.06M | 255.45M | 265.27M | 240.46M |
| Trading Asset Securities | 18.11M | 20.25M | 19.03M | 17.45M | 16.07M | 14.38M |
| Mortgage-Backed Securities | 1.34B | 1.39B | 998.32M | 560.51M | 708.10M | 978.40M |
| Total Investments | 1.41B | 1.45B | 1.14B | 833.41M | 989.45M | 1.23B |
| Gross Loans | 3.81B | 3.86B | 4.02B | 4.20B | 4.24B | 3.81B |
| Allowance for Loan Losses | -37.03M | -38.14M | -35.18M | -37.53M | -42.62M | -38.97M |
| Net Loans | 3.77B | 3.82B | 3.99B | 4.17B | 4.20B | 3.77B |
| Property, Plant & Equipment | 43.97M | 45.73M | 49.76M | 54.97M | 59.13M | 59.88M |
| Goodwill | 41.01M | 41.01M | 41.01M | 41.01M | ||
| Loans Held for Sale | 4.90M | |||||
| Accrued Interest Receivable | 20.09M | 20.12M | 19.08M | 18.49M | 17.43M | 14.57M |
| Long-Term Deferred Tax Assets | 22.94M | 29.11M | 34.24M | 43.36M | 23.24M | |
| Other Real Estate Owned & Foreclosed | 100.00K | |||||
| Other Long-Term Assets | 208.53M | 190.07M | 188.43M | 180.97M | 173.66M | 177.45M |
| Total Assets | 5.74B | 5.75B | 5.67B | 5.60B | 5.60B | 5.43B |
| Accrued Expenses | 29.51M | 13.25M | 16.66M | 18.83M | 18.62M | 14.55M |
| Interest Bearing Deposits | 3.36B | 3.14B | 3.31B | 3.09B | 3.08B | 3.04B |
| Institutional Deposits | 142.04M | 124.68M | 98.22M | 214.08M | 228.04M | |
| Non-Interest Bearing Deposits | 728.60M | 736.25M | 706.98M | 694.90M | 852.66M | 898.49M |
| Total Deposits | 4.09B | 4.02B | 4.14B | 3.88B | 4.15B | 4.17B |
| Short-Term Borrowings | 100.64M | 141.44M | 196.27M | 181.39M | 194.18M | 7.68M |
| Current Portion of Long-Term Debt | 370.48M | 428.48M | 25.00M | 87.50M | 120.00M | |
| Current Portion of Leases | 4.45M | 6.01M | ||||
| Long-Term Debt | 61.72M | 61.66M | 61.44M | 61.22M | 86.00M | 25.00M |
| Federal Home Loan Bank Debt, Long-Term | 335.34M | 335.34M | 475.29M | 657.79M | 282.50M | 270.00M |
| Long-Term Leases | 23.90M | 23.63M | 32.21M | 35.20M | 39.79M | 39.85M |
| Pension & Post-Retirement Benefits | 17.75M | 16.77M | 15.75M | 815.00K | 979.00K | |
| Other Long-Term Liabilities | 25.85M | 20.57M | 24.57M | 25.34M | 40.29M | 43.26M |
| Total Liabilities | 5.04B | 5.06B | 4.96B | 4.90B | 4.90B | 4.69B |
| Common Stock | 648.00K | 648.00K | 648.00K | 648.00K | 648.00K | 648.00K |
| Additional Paid-In Capital | 593.13M | 592.47M | 591.34M | 590.97M | 590.25M | 589.97M |
| Retained Earnings | 426.97M | 420.40M | 440.76M | 433.23M | 418.35M | 381.36M |
| Treasury Stock | -307.96M | -307.52M | -294.71M | -278.62M | -243.88M | -217.10M |
| Comprehensive Income & Other | -18.09M | -15.95M | -33.34M | -46.78M | -63.98M | -14.99M |
| Shareholders' Equity | 694.69M | 690.06M | 704.70M | 699.45M | 701.39M | 739.88M |
| Total Liabilities & Equity | 5.74B | 5.75B | 5.67B | 5.60B | 5.60B | 5.43B |
| Total Debt | 896.53M | 996.57M | 765.21M | 960.60M | 689.97M | 462.53M |
| Net Cash (Debt) | -638.82M | -812.36M | -578.43M | -713.64M | -628.10M | -357.08M |
| Net Cash Per Share | -16.00 | -20.22 | -13.89 | -16.35 | -13.53 | -7.32 |
| Filing Date Shares Outstanding | 41.76M | 41.80M | 43.12M | 44.46M | 46.85M | 48.94M |
| Total Common Shares Outstanding | 41.76M | 41.80M | 42.90M | 44.52M | 47.44M | 49.27M |
| Book Value Per Share | 16.63 | 16.51 | 16.43 | 15.71 | 14.78 | 15.02 |
| Tangible Book Value | 694.69M | 690.06M | 663.68M | 658.43M | 660.38M | 698.87M |
| Tangible Book Value Per Share | 16.63 | 16.51 | 15.47 | 14.79 | 13.92 | 14.19 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 4.76M | 796.00K | 29.95M | 37.67M | 61.12M | 70.65M |
| Depreciation & Amortization | 7.95M | 8.01M | 8.30M | 8.53M | 8.45M | 8.48M |
| Other Amortization | 223.00K | 223.00K | 223.00K | 223.00K | 112.00K | |
| Gain (Loss) on Sale of Assets | -3.40M | 7.00K | -17.00K | |||
| Gain (Loss) on Sale of Investments | 1.73M | 2.24M | 775.00K | 4.95M | 11.23M | -611.00K |
| Total Asset Writedown | 41.01M | 41.01M | ||||
| Provision for Credit Losses | 5.07M | 7.40M | 4.28M | 1.35M | 4.48M | -6.18M |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 51.00K | 134.00K | 180.00K | |||
| Accrued Interest Receivable | -438.00K | -1.04M | -587.00K | -1.06M | -2.92M | 118.00K |
| Change in Other Net Operating Assets | 6.34M | -2.25M | -10.05M | -8.27M | 561.00K | -9.53M |
| Other Operating Activities | -7.39M | -7.69M | -2.62M | -789.00K | -3.54M | -411.00K |
| Operating Cash Flow | 64.05M | 53.70M | 31.11M | 46.97M | 83.33M | 64.76M |
| Capital Expenditures | -1.08M | -1.15M | -1.15M | -3.60M | -2.55M | -1.64M |
| Sale of Property, Plant and Equipment | 3.79M | 63.00K | 125.00K | |||
| Investment in Securities | -118.99M | -280.29M | -293.13M | 174.60M | 166.97M | 33.20M |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 183.38M | 163.76M | 168.23M | 32.09M | -438.24M | 46.10M |
| Other Investing Activities | -3.85M | -10.67M | 3.77M | -9.29M | -6.52M | 7.33M |
| Investing Cash Flow | 59.47M | -128.35M | -118.49M | 193.87M | -280.21M | 85.00M |
| Long-Term Debt Issued | 5.34B | 892.39M | 743.55M | 342.99M | ||
| Long-Term Debt Repaid | -5.10B | -1.09B | -468.14M | -120.00M | -170.03M | |
| Net Debt Issued (Repaid) | 93.03M | 233.81M | -192.87M | 275.41M | 222.99M | -170.03M |
| Issuance of Common Stock | 100.00K | 1.66M | 3.41M | |||
| Repurchase of Common Stock | -10.57M | -15.35M | -18.68M | -37.17M | -30.88M | -53.32M |
| Common Dividends Paid | -21.05M | -21.15M | -21.83M | -22.80M | -24.13M | -24.30M |
| Net Increase (Decrease) in Deposit Accounts | -43.34M | -122.67M | 260.04M | -271.78M | -19.11M | 92.78M |
| Other Financing Activities | -3.64M | -3.78M | -1.04M | -893.00K | 1.09M | 5.23M |
| Financing Cash Flow | 14.43M | 70.86M | 25.62M | -57.13M | 151.61M | -146.23M |
| Net Cash Flow | 137.94M | -3.79M | -61.76M | 183.71M | -45.27M | 3.52M |
| Free Cash Flow | 62.97M | 52.55M | 29.95M | 43.37M | 80.78M | 63.12M |
| Free Cash Flow Margin | 40.68% | 35.77% | 23.58% | 32.07% | 49.92% | 35.81% |
| Free Cash Flow Per Share | 1.58 | 1.31 | 0.72 | 0.99 | 1.74 | 1.29 |
| Cash Interest Paid | 109.93M | 112.05M | 126.79M | 80.40M | 19.28M | 17.45M |
| Cash Income Tax Paid | 10.68M | 10.73M | 7.36M | 18.37M | 22.09M | 28.48M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 639.40M | 477.79M | 498.55M | 565.55M | 751.43M | 801.84M |
| Last Close Price | 15.31 | 11.22 | 10.87 | 11.21 | 13.38 | 13.26 |
| PE Ratio | 128.08 | 600.24 | 16.65 | 15.01 | 12.29 | 11.35 |
| PS Ratio | 4.13 | 3.25 | 3.92 | 4.18 | 4.64 | 4.55 |
| PB Ratio | 0.92 | 0.69 | 0.71 | 0.81 | 1.07 | 1.08 |
| P/FCF Ratio | 10.15 | 9.09 | 16.64 | 13.04 | 9.30 | 12.70 |
| P/OCF Ratio | 9.98 | 8.90 | 16.03 | 12.04 | 9.02 | 12.38 |
| Debt / Equity Ratio | 1.29 | 1.44 | 1.09 | 1.37 | 0.98 | 0.62 |
| Debt / FCF Ratio | 14.24 | 18.96 | 25.55 | 22.15 | 8.54 | 7.33 |
| Net Debt / Equity Ratio | 0.92 | 1.18 | 0.82 | 1.02 | 0.90 | 0.48 |
| Net Debt / FCF Ratio | 10.14 | 15.46 | 19.31 | 16.46 | 7.78 | 5.66 |
| Return on Equity (ROE) | 0.68% | 0.11% | 4.26% | 5.38% | 8.48% | 9.46% |
| Return on Assets (ROA) | 0.08% | 0.01% | 0.53% | 0.67% | 1.11% | 1.29% |
| Earnings Yield | 0.74% | 0.17% | 6.01% | 6.66% | 8.13% | 8.81% |
| FCF Yield | 9.85% | 11.00% | 6.01% | 7.67% | 10.75% | 7.87% |
| Dividend Yield | 3.40% | 4.55% | 4.47% | 4.09% | 3.28% | 3.19% |
| Payout Ratio | 435.03% | 2,657.29% | 72.89% | 60.51% | 39.48% | 34.39% |
| Buyback Yield / Dilution | 3.23% | 3.50% | 4.61% | 6.03% | 4.75% | 0.07% |
| Total Shareholder Return | 6.73% | 8.04% | 9.08% | 10.12% | 8.03% | 3.26% |