earnings
confidence high
sentiment positive
materiality 0.70
Northfield Bancorp Q4 EPS $0.34, FY EPS $1.45; declares $0.13 dividend
Northfield Bancorp, Inc.
2021-FY EPS reported
$1.45
revenue$5,394,000
- Q4 diluted EPS $0.34 (vs $0.26 a year ago); full-year 2021 diluted EPS $1.45 (vs $0.76).
- Net interest margin 2.96% (down 3 bps QoQ, up 13 bps YoY); net interest income $38.4M stable.
- Loans ex-PPP grew $22.1M in Q4 (2.4% annualized); deposits ex-brokered up $34.8M (3.4% annualized); cost of deposits 0.12%.
- Non-performing loans 0.21% of total; provision for credit losses $39K; net recoveries $73K in Q4.
- Declared $0.13 per share dividend payable Feb 23, 2022; repurchased 376K shares for ~$6.3M in Q4.