Northfield Bancorp Q2 diluted EPS $0.34 vs $0.40 YoY; net interest margin expands, $45M buyback authorized

Northfield Bancorp, Inc.

2022-Q2 EPS reported $0.64 revenue$2,706,000

Diluted EPS of $0.34 for Q2 2022 vs $0.40 in Q2 2021; net income $15.9M vs $19.8M.
Net interest margin increased 7 bps YoY to 3.03%; loan growth (ex-PPP) +23.3% annualized.
Issued $62M subordinated debt at 5.0% initial fixed rate; board approved $45M stock repurchase program.
Non-performing loans to total loans remained low at 0.25%; provision for credit losses was $149K vs $3.7M benefit a year ago.
Declared $0.13 per share cash dividend payable Aug 24, 2022 to holders of record Aug 10.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.