Northfield Bancorp (NFBK) AI Stock Analysis

• Market Cap: $500.43M
• Dividend Yield: 4.43%
• Average Volume (3M): 162.94K
• Price to Earnings (P/E): 15.3
• Beta (1Y): 1.18
• Revenue Growth: 10.00%
• EPS Growth: 2.81%
• Country: US
• Employees: 357
• Sector: Financial
• Sector Strength: 74
• Industry: Banks - Regional
• EPS (TTM): 0.19
• Shares Outstanding: 42,626,087
• 10 Day Avg. Volume: 175,320
• 30 Day Avg. Volume: 162,945
• PEG Ratio: -17.16
• Price to Book (P/B): 1.14
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 16.69
• Enterprise Value/Market Cap: 2.94
• Enterprise Value/Revenue: 1.53
• Enterprise Value/Gross Profit: 11.79
• Enterprise Value/Ebitda: 7.66
• 1Y Price Target: $13.00
• Price Target Upside: 11.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 3

• Rating: 71 Outperform
• Price Target: $13.00 ▲(11.88%Upside)

Northfield Bancorp's overall score is driven by robust financial health characterized by solid profitability and a conservative balance sheet. The technical indicators suggest a bullish trend, enhancing the stock's attractiveness. While the valuation is fair and the dividend yield is appealing, inconsistent revenue growth presents a potential risk.

Northfield Bancorp Business Overview & Revenue Model

Company Description

Northfield Bancorp, Inc. (NFBK) is a bank holding company headquartered in Woodbridge, New Jersey. It operates through its subsidiary, Northfield Bank, which provides a range of financial services primarily to individuals and businesses in the New York City metropolitan area and New Jersey. The bank offers traditional deposit products, such as savings and checking accounts, certificates of deposit, and money market accounts. It also extends commercial and residential lending services, including commercial real estate loans, multifamily loans, and construction loans, catering to the diverse needs of its community.

How the Company Makes Money

Northfield Bancorp generates revenue primarily through the interest income it earns on loans and investments, complemented by non-interest income from fees and service charges. The bank's core revenue stream comes from the interest it collects on its portfolio of loans, which include commercial real estate, multifamily, residential, and consumer loans. Additionally, Northfield Bancorp earns money from its investment securities portfolio. Non-interest income is driven by fees for services such as deposit account maintenance, transaction services, and other financial services provided to its customers. The bank's earnings are influenced by interest rate environments, economic conditions in its operating regions, and its ability to manage credit risk effectively.

Northfield Bancorp Financial Statement Overview

Summary

Northfield Bancorp demonstrates solid profitability and a conservative balance sheet typical of regional banks, with a stable capital structure. Despite challenges in revenue growth, the company maintains healthy margins and cash flow ratios, indicating sound financial health. Potential risks include inconsistent revenue and lower free cash flow conversion.

Income Statement

The TTM data shows a stable gross profit margin at 71.24%, while the net profit margin is healthy at 14.45%. Revenue growth is inconsistent, with a decrease from the previous period. The EBIT margin remains solid at 18.89%, but EBITDA margin data is not available for prior periods, making trend analysis difficult.

Balance Sheet

The company's debt-to-equity ratio is moderate at 1.13, indicating a balanced approach to leverage. Return on equity is 4.44%, reflecting moderate profitability. The equity ratio of 12.45% suggests a conservative capital structure, typical for regional banks.

Cash Flow

Free cash flow growth is strong, with a TTM increase of 17.96%. The operating cash flow to net income ratio is 1.15, indicating good cash conversion. However, the free cash flow to net income ratio is slightly lower at 1.12, presenting potential challenges in maintaining cash flow stability.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
252.41M	127.91M	220.69M	187.67M	186.75M	141.28M
	Gross Profit
124.85M	123.34M	135.21M	161.81M	175.98M	141.28M
	EBIT
47.01M	40.50M	51.76M	84.86M	104.18M	50.02M
	EBITDA
50.95M	48.80M	60.29M	93.30M	105.61M	58.72M
	Net Income Common Stockholders
31.61M	29.95M	37.67M	61.12M	70.65M	36.99M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
1.36B	1.28B	1.04B	1.01B	1.30B	1.35B
	Total Assets
5.71B	5.67B	5.60B	5.60B	5.43B	5.51B
	Total Debt
802.29M	760.05M	836.20M	659.64M	411.61M	559.52M
	Net Debt
700.63M	592.31M	606.69M	613.85M	320.54M	471.98M
	Total Liabilities
5.00B	4.96B	4.90B	4.90B	411.61M	4.76B
	Stockholders Equity
711.15M	704.70M	699.45M	701.39M	739.88M	753.98M
Cash Flow		Free Cash Flow
35.33M	29.95M	43.37M	80.78M	63.12M	52.16M
	Operating Cash Flow
36.29M	31.11M	46.97M	83.33M	64.76M	55.21M
	Investing Cash Flow
14.59M	-118.49M	193.87M	-280.21M	85.00M	-131.93M
	Financing Cash Flow
-188.00M	25.62M	-57.13M	151.61M	-146.23M	16.44M

Northfield Bancorp Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 11.62
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NFBK, the sentiment is Neutral. The current price of 11.62 is below the 20-day moving average (MA) of 11.76, above the 50-day MA of 11.06, and above the 200-day MA of 11.48, indicating a neutral trend. The MACD of 0.14 indicates Positive momentum. The RSI at 49.54 is Neutral, neither overbought nor oversold. The STOCH value of 27.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for NFBK.

Northfield Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EBTC	74 Outperform	$494.08M	12.09	11.31%	2.53%	14.10%	12.00%
NFBK	71 Outperform	$500.43M	15.30	4.48%	4.43%	10.00%	2.81%
ALRS	71 Outperform	$533.95M	17.41	6.27%	3.80%	40.06%	145.33%
FMNB	70 Outperform	$480.67M	9.94	11.69%	5.33%	6.53%	-11.21%
CCNE	67 Neutral	$455.25M	9.31	8.83%	3.32%	8.67%	―
CBNK	66 Neutral	$517.64M	12.57	12.19%	1.28%	18.85%	6.74%
Sector *	64 Neutral	$12.86B	9.79	7.84%	78.10%	12.05%	-7.99%

Northfield Bancorp Corporate Events

Northfield Bancorp Holds Annual Stockholders Meeting

On May 28, 2025, Northfield Bancorp, Inc. held its Annual Meeting of Stockholders, where several key decisions were made. The stockholders voted on the election of directors, with Gil Chapman, Steven M. Klein, Frank P. Patafio, and Paul V. Stahlin being elected for varying terms. Additionally, an advisory resolution to approve executive compensation was passed, and it was decided that future stockholder votes on executive compensation will be held annually. The appointment of Crowe LLP as the independent registered public accounting firm for 2025 was also ratified.

The most recent analyst rating on (NFBK) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Northfield Bancorp stock, see the NFBK Stock Forecast page.

Northfield Bancorp Prepares for Annual Stockholders Meeting

On May 28, 2025, Northfield Bancorp will hold its Annual Meeting of Stockholders, where a slideshow discussing the company’s financial performance will be presented. The slideshow will be accessible on the company’s website from May 27, 2025, for 30 days, providing stakeholders with insights into the company’s financial status.

The most recent analyst rating on (NFBK) stock is a Buy with a $14.00 price target. To see the full list of analyst forecasts on Northfield Bancorp stock, see the NFBK Stock Forecast page.