---
schema_version: "secwatch.filing_event.v1"
accession: "0001493225-24-000077"
form_type: "8-K"
ticker: "NFBK"
cik: "0001493225"
company_name: "Northfield Bancorp, Inc."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:53:34.616597+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Northfield Bancorp Q1 net income $6.2M ($0.15 EPS); NIM falls to 2.03%; new $5M buyback

## Summary
- Diluted EPS $0.15 vs $0.19 Q4 2023 and $0.26 Q1 2023; net interest income $27.9M, down 20.1% YoY.
- Net interest margin 2.03%, down 14 bps from Q4 2023 and 60 bps from Q1 2023; cost of deposits up 28 bps to 2.03%.
- Non-performing loans / total loans rose to 0.41% from 0.27% at Dec 31, 2023.
- Board declared $0.13/share dividend payable May 22, 2024; approved new $5.0M stock repurchase program.
- Company repurchased 252,631 shares for $3.1M in Q1; non-interest expense up $1.4M QoQ.

## SEC filing metadata
- accession: 0001493225-24-000077
- form_type: 8-K
- ticker: NFBK
- cik: 0001493225
- company_name: Northfield Bancorp, Inc.
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1493225/000149322524000077/0001493225-24-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1493225/000149322524000077/nfbk-20240424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493225-24-000077
- JSON: https://secwatch.observer/filing/0001493225-24-000077.json
- Plain text: https://secwatch.observer/filing/0001493225-24-000077.txt

## Key facts
- Earnings Releases
  Northfield Bancorp, Inc. reported the quarter ended March 31, 2024 results: net income $6.2 million, EPS $0.15 per diluted share.
  - Period: the quarter ended March 31, 2024
  - Net income: $6.2 million
  - EPS: $0.15 per diluted share
  - Result: reported results
  source text: Northfield Bancorp, Inc. (the "Company") issued a press release announcing its earnings for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1493225/000149322524000077/0001493225-24-000077-index.htm

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