secwatch.observer — SEC 8-K summary
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Issuer:     Northfield Bancorp, Inc. (NFBK)
CIK:        0001493225
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0001493225-24-000004
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northfield Bancorp Q4 EPS $0.19 flat QoQ but down 39% YoY; deposits grow 12% annualized
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- Q4 2023 diluted EPS $0.19 (flat QoQ, down 39% YoY); full-year EPS $0.86 vs $1.32 in 2022.
- Net interest margin 2.17%, down 72 bps YoY but only 8 bps decline from Q3 (slower compression).
- Total deposits ex-brokered rose ~$110M (12% annualized) from Q3; loan balances declined modestly.
- Repurchased 430,521 shares for $4.4M in Q4; $3.1M remaining under authorization.
- Declared $0.13 cash dividend payable Feb 21; appointed Rachana Kulkarni to board effective Feb 1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493225/000149322524000004/0001493225-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493225/000149322524000004/nfbk-20240124.htm
  HTML page:      https://secwatch.observer/filing/0001493225-24-000004

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