Brief: Northfield Bancorp Q2 EPS USD 0.24

Northfield Bancorp

23/07/2025 23:41

Overview

Northfield Bancorp Q2 diluted EPS $0.24, compared with $0.14 year ago

Net interest margin improves by 19 basis points to 2.57%

Co completes $10 mln stock repurchase plan during the qtr

Result Drivers

NET INTEREST INCOME - Increase driven by lower funding costs and higher yields on loans and securities

ASSET QUALITY - Improved with non-performing loans to total loans decreasing to 0.36%

STRATEGIC INITIATIVES - Focused on prudent lending and deposit gathering, per CEO Steven M. Klein

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 EPS
$0.24
Q2 Net Income
$9.60 mln
Q2 Net Interest Income
$34.40 mln
Q2 Dividend
$0.13
Q2 Net Interest Margin
2.6%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for Northfield Bancorp Inc is $12.00, about 5.3% above its July 23 closing price of $11.36

The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 12 three months ago

Press Release: ID:nGNX77YR7L

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)