NFBK
Northfield Bancorp, Inc. (Staten Island, NY)12.18
+0.03+0.25%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
509.25MP/E (TTM)
12.56Basic EPS (TTM)
0.97Dividend Yield
0.04%Recent Filings
10-K
FY2025 results
Northfield Bancorp wrapped FY2025 with total loans held-for-investment shrinking 4.2% y/y to $3.86B, led by a 9.1% drop in multifamily amid concentration management, while commercial real estate grew 2.4% to $911M and home equity lines jumped 14.1% to $199M. Net interest income surged 20% y/y to $137M on a 45bps NIM expansion to 2.55%, fueled by higher securities yields and lower deposit costs despite brokered CDs plunging 85% to $41M; borrowings swelled to offset $123M deposit runoff. Provision rose to $7.4M on worsening CECL forecasts, non-performers ticked to 0.42% of loans, but net charge-offs improved to 0.11%. Repurchased $15M in shares. Merger pending with Columbia Financial risks regulatory delays.
8-K
172k RSUs granted pre-merger
Northfield Bancorp granted 172,272 cash-settled restricted stock units to directors and employees on February 4, 2026, under its 2019 Equity Incentive Plan. Employee awards vest ratably over three years; directors vest fully after one year, accelerating if Columbia Financial's Q3 2026 acquisition closes first. Board also approved the 2026 Management Cash Incentive Plan. Retention aligns with pending merger.
8-K
NFBK merger with CLBK announced
Northfield Bancorp agreed to merge with Columbia Financial (CLBK), details in joint release. Q4 2025 net loss hit $27.4M from $41.0M non-cash goodwill impairment, wiping goodwill to zero; yet NIM climbed to 2.70% on $36.7M NII. Dividend holds at $0.13/share, payable Feb 25. Merger terms undisclosed.
8-K
Northfield merger deal signed
Northfield Bancorp signed a merger agreement on January 31, 2026, to merge into Columbia Financial's new holding company post its second-step conversion, with Northfield shareholders electing 1.425-1.465 Holding Company shares or $14.25-$14.65 cash per share (30% cash cap). Boards approved unanimously; Steven Klein joins as COO. Termination fee: $23.7M.
8-K
Conference presentation live
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