---
schema_version: "secwatch.filing_event.v1"
accession: "0001493225-23-000095"
form_type: "8-K"
ticker: "NFBK"
cik: "0001493225"
company_name: "Northfield Bancorp, Inc."
filed_at: "2023-07-28T23:59:59+00:00"
generated_at: "2026-06-12T22:58:22.021574+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Northfield Bancorp Q2 EPS $0.22, down 35% YoY; net interest margin shrinks to 2.34%

## Summary
- 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.

## SEC filing metadata
- accession: 0001493225-23-000095
- form_type: 8-K
- ticker: NFBK
- cik: 0001493225
- company_name: Northfield Bancorp, Inc.
- filed_at: 2023-07-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1493225/000149322523000095/0001493225-23-000095-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1493225/000149322523000095/nfbk-20230726.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493225-23-000095
- JSON: https://secwatch.observer/filing/0001493225-23-000095.json
- Plain text: https://secwatch.observer/filing/0001493225-23-000095.txt

## Key facts
- Earnings Releases
  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
  source text: and $15.9 million, or $0.34 per diluted share, for the three months ended June 30, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493225/000149322523000095/0001493225-23-000095-index.htm
- Earnings Releases
  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
  source text: reported net income of $9.6 million, or $0.22 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493225/000149322523000095/0001493225-23-000095-index.htm
- Earnings Releases
  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
  source text: For the six months ended June 30, 2023, net income totaled $21.3 million, or $0.48 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493225/000149322523000095/0001493225-23-000095-index.htm
- Earnings Releases
  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
  source text: as compared to $11.7 million, or $0.26 per diluted share, for the three months ended March 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493225/000149322523000095/0001493225-23-000095-index.htm
- Earnings Releases
  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
  source text: compared to $30.0 million, or $0.64 per diluted share, for the six months ended June 30, 2022
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493225/000149322523000095/0001493225-23-000095-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.