secwatch.observer — SEC 8-K summary
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Issuer:     Northfield Bancorp, Inc. (NFBK)
CIK:        0001493225
Form:       8-K
Filed at:   2023-01-27T23:59:59+00:00
Accession:  0001493225-23-000003
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northfield Bancorp Q4 EPS $0.31, down from $0.37 sequential; full-year EPS $1.32 vs $1.45
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- Q4 2022 net income $14.1M ($0.31 diluted EPS) vs $17.0M ($0.37) prior quarter and $16.1M ($0.34) year ago.
- Full-year 2022 net income $61.1M ($1.32 diluted EPS) down 13.6% from $70.7M ($1.45) in 2021.
- Net interest margin fell 19 bps sequentially to 2.89% due to faster-rising funding costs; provision for credit losses on loans was $1.2M in Q4 vs $39K a year ago.
- Declared $0.13 per share cash dividend payable Feb 22, 2023 to holders of record Feb 8, 2023.
- Repurchased 556,859 shares ($8.5M) in Q4; total 2.1M shares ($30.8M) for full year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493225/000149322523000003/0001493225-23-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493225/000149322523000003/nfbk-20230125.htm
  HTML page:      https://secwatch.observer/filing/0001493225-23-000003

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