secwatch.observer — SEC 8-K summary
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Issuer:     Northfield Bancorp, Inc. (NFBK)
CIK:        0001493225
Form:       8-K
Filed at:   2025-01-23T23:59:59+00:00
Accession:  0001493225-25-000003
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northfield Bancorp Q4 net income $11.3M ($0.27 EPS) vs $8.2M a year ago; NIM 2.18%
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- Q4 2024 diluted EPS $0.27, up from $0.19 in Q4 2023 and $0.16 in Q3 2024; includes $0.06 gain from branch sale.
- Full year 2024 net income $29.9M ($0.72) vs $37.7M ($0.86) in 2023; net interest income down 8.2% to $114.5M.
- Net interest margin improved to 2.18% in Q4 2024, up 10 bps from Q3 2024; cost of deposits decreased.
- Non-performing loans ratio improved to 0.51% from 0.75% at Sep 2024; deposits (ex-brokered) up 2.6% YoY.
- Declared $0.13 per share cash dividend, payable Feb 19, 2025; record date Feb 5, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493225/000149322525000003/0001493225-25-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493225/000149322525000003/nfbk-20250122.htm
  HTML page:      https://secwatch.observer/filing/0001493225-25-000003

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