8-K
filed July 28, 2023, 7:59 PM ET
ticker NFBK
CIK 0001493225
earnings
confidence high
sentiment negative
materiality 0.65
Northfield Bancorp Q2 EPS $0.22, down 35% YoY; net interest margin shrinks to 2.34%
Northfield Bancorp, Inc.
2023-Q2 EPS reported
$0.48
revenue$2,689,000
- Diluted EPS $0.22 vs $0.34 in Q2 2022; net income $9.6M, down 40% YoY.
- Net interest margin 2.34%, down 29 bps from Q1 2023 and 69 bps YoY; higher funding costs.
- Total deposits (ex-brokered) fell $102.5M in Q2; cost of deposits rose to 113 bps from 79 bps.
- Loan portfolio grew $32.1M (3.0% annualized); non-performing loans 0.24%, credit quality stable.
- Declared $0.13 dividend; repurchased 1.3M shares for $13.3M; new $10M buyback authorized.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Northfield Bancorp, Inc. reported Q2 2022 (three months ended June 30, 2022) results: net income $15.9 million, EPS $0.34 per diluted share.
- Period
- Q2 2022 (three months ended June 30, 2022)
- Net income
- $15.9 million
- EPS
- $0.34 per diluted share
- Result
- reported results
Exact text from the filing
and $15.9 million, or $0.34 per diluted share, for the three months ended June 30, 2022
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Northfield Bancorp, Inc. reported Q2 2023 (three months ended June 30, 2023) results: net income $9.6 million, EPS $0.22 per diluted share.
- Period
- Q2 2023 (three months ended June 30, 2023)
- Net income
- $9.6 million
- EPS
- $0.22 per diluted share
- Result
- reported results
Exact text from the filing
reported net income of $9.6 million, or $0.22 per diluted share
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Northfield Bancorp, Inc. reported H1 2023 (six months ended June 30, 2023) results: net income $21.3 million, EPS $0.48 per diluted share.
- Period
- H1 2023 (six months ended June 30, 2023)
- Net income
- $21.3 million
- EPS
- $0.48 per diluted share
- Result
- reported results
Exact text from the filing
For the six months ended June 30, 2023, net income totaled $21.3 million, or $0.48 per diluted share
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Northfield Bancorp, Inc. reported Q1 2023 (three months ended March 31, 2023) results: net income $11.7 million, EPS $0.26 per diluted share.
- Period
- Q1 2023 (three months ended March 31, 2023)
- Net income
- $11.7 million
- EPS
- $0.26 per diluted share
- Result
- reported results
Exact text from the filing
as compared to $11.7 million, or $0.26 per diluted share, for the three months ended March 31, 2023
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
Northfield Bancorp, Inc. reported H1 2022 (six months ended June 30, 2022) results: net income $30.0 million, EPS $0.64 per diluted share.
- Period
- H1 2022 (six months ended June 30, 2022)
- Net income
- $30.0 million
- EPS
- $0.64 per diluted share
- Result
- reported results
Exact text from the filing
compared to $30.0 million, or $0.64 per diluted share, for the six months ended June 30, 2022
View on SEC.gov
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