Northfield Bancorp (NFBK) AI Stock Analysis

• Market Cap: $468.89M
• Dividend Yield: 4.89%
• Average Volume (3M): 191.74K
• Price to Earnings (P/E): 12.7
• Beta (1Y): 1.22
• Revenue Growth: 7.66%
• EPS Growth: 28.75%
• Country: US
• Employees: 357
• Sector: Financial
• Sector Strength: 72
• Industry: Banks - Regional
• EPS (TTM): 0.24
• Shares Outstanding: 42,626,087
• 10 Day Avg. Volume: 185,229
• 30 Day Avg. Volume: 191,739
• PEG Ratio: 2.69
• Price to Book (P/B): 0.65
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 13.74
• Enterprise Value/Market Cap: 2.53
• Enterprise Value/Revenue: 3.17
• Enterprise Value/Gross Profit: 13.40
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $13.50
• Price Target Upside: 23.18% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 68 Neutral
• Price Target: $12.00 ▲(9.49%Upside)

Northfield Bancorp's overall score is driven by solid financial performance and attractive valuation, bolstered by positive corporate events. However, bearish technical indicators weigh down the score. The company's strong dividend yield and successful strategic initiatives in the recent quarter provide support, while technical weaknesses suggest cautious near-term outlook.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	251.33M	220.69M	187.67M	186.75M	179.62M
Gross Profit	123.34M	135.21M	161.81M	175.98M	128.54M
EBITDA	48.80M	60.29M	93.30M	105.61M	58.72M
Net Income	29.95M	37.67M	61.12M	70.65M	36.99M
Balance Sheet
Total Assets	5.67B	5.60B	5.60B	5.43B	5.51B
Cash, Cash Equivalents and Short-Term Investments	1.27B	1.02B	997.97M	1.30B	1.35B
Total Debt	760.05M	861.20M	684.64M	461.61M	634.52M
Total Liabilities	4.96B	4.90B	4.90B	4.69B	4.76B
Stockholders Equity	704.70M	699.45M	701.39M	739.88M	753.98M
Cash Flow
Free Cash Flow	29.95M	43.37M	80.78M	63.12M	52.16M
Operating Cash Flow	31.11M	46.97M	83.33M	64.76M	55.21M
Investing Cash Flow	-118.49M	193.87M	-280.21M	85.00M	-131.93M
Financing Cash Flow	25.62M	-57.13M	151.61M	-146.23M	16.44M

Northfield Bancorp Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 10.96
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NFBK, the sentiment is Negative. The current price of 10.96 is below the 20-day moving average (MA) of 11.51, below the 50-day MA of 11.65, and below the 200-day MA of 11.54, indicating a bearish trend. The MACD of -0.22 indicates Positive momentum. The RSI at 30.80 is Neutral, neither overbought nor oversold. The STOCH value of 18.27 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NFBK.

Northfield Bancorp Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TCBX	77 Outperform	$539.50M	12.52	12.21%	―	10.44%	62.82%
CCNE	76 Outperform	$715.18M	10.07	9.29%	3.11%	7.40%	―
BSVN	75 Outperform	$445.53M	10.15	20.97%	2.07%	1.20%	46.86%
NPB	74 Outperform	$518.91M	―		0.33%	―	―
BHB	72 Outperform	$473.90M	12.03	8.70%	4.07%	6.33%	3.44%
NFBK	68 Neutral	$468.89M	12.74	5.02%	4.89%	7.66%	28.75%
Sector *	61 Neutral	C$15.14B	6.41	23.28%	5.57%	33.61%	-23.69%

Northfield Bancorp Corporate Events

Northfield Bancorp Reports Strong Q2 2025 Financial Results

Northfield Bancorp, Inc. reported strong financial results for the second quarter of 2025, with a notable increase in net income and earnings per share compared to previous periods. The company achieved a higher net interest margin due to lower funding costs and increased yields on interest-earning assets, alongside improved asset quality and successful completion of a stock repurchase plan. A quarterly cash dividend was declared, reflecting the company’s robust capital management and strategic initiatives.

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 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.