earnings
confidence high
sentiment neutral
materiality 0.65
Northfield Bancorp Q3 2024 EPS $0.16, net income $6.5M; NPL ratio rises to 0.75%
Northfield Bancorp, Inc.
2024-Q3 EPS reported
$0.45
revenue$4,796,000
- Diluted EPS of $0.16, up from $0.14 in Q2 2024 but down from $0.19 in Q3 2023.
- Net interest margin stable at 2.08%; average cost of interest-bearing liabilities flat at 2.95%.
- Non-performing loans to total loans increased to 0.75% from 0.42% at June 30, 2024.
- Cash dividend of $0.13 per share declared, payable Nov 20, 2024 to holders of record Nov 6, 2024.
- Board approved 2025 Management Cash Incentive Plan; share repurchase program exhausted.