Brief: Northfield Bancorp Reports Q1 EPS Of $0.10

Northfield Bancorp

30/04/2020 24:27

April 29 (Reuters) - Northfield Bancorp Inc  NFBK.O :
    * NORTHFIELD BANCORP, INC. ANNOUNCES FIRST QUARTER 2020
RESULTS
    * Q1 EARNINGS PER SHARE $0.10
    * Q1 EARNINGS PER SHARE ESTIMATE $0.17 -- REFINITIV IBES
DATA
    * PROVISION FOR LOAN LOSSES INCREASED BY $8.1 MILLION TO
$8.2
MILLION FOR THREE MONTHS ENDED MARCH 31, 2020
    * NET INTEREST INCOME FOR THREE MONTHS ENDED MARCH 31, 2020,
INCREASED $2.6 MILLION, OR 9.5%, TO $29.9 MILLION
    * MANAGEMENT CONTINUES TO EVALUATE COMPANY'S EXPOSURE TO
INCREASED
LOAN LOSSES RELATED TO COVID-19 PANDEMIC
    * NON-PERFORMING LOANS TO TOTAL LOANS WAS 0.27% AT MARCH 31,
2020,
COMPARED TO 0.29% AT DECEMBER 31, 2019

Source text for Eikon:  ID:nGNX2xvDCZ 
Further company coverage:  NFBK.O 

 (Reuters.Briefs@thomsonreuters.com)