Northfield Bancorp reports Q1 EPS 30c vs. 19c last year

Reports Q1 net interest margin up 38 basis points to 2.76% from 2.38% last year. Q1 NII was $37M vs. $36.7M last quarter. Tangible book value per share was $16.63 from $16.51 last quarter. CEO Steven Klein noted, “We are pleased to report strong financial results for the quarter, with net margin expansion, deposit growth, reduced costs of deposits, and ongoing expense discipline.” Mr. Klein continued, “Planning for our merger with Columbia Bank is progressing well, with our teams focused on regulatory and stockholder approvals, and the seamless integration of our two organizations.”