Northfield Bancorp (NASDAQ:NFBK) Posts Earnings Results, Beats Expectations By $0.06 EPS

03 Feb 2026, 16:36 by Scott Moore · The Cerbat Gem

Northfield Bancorp (NASDAQ:NFBK – Get Free Report) issued its quarterly earnings results on Monday. The bank reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.06, Zacks reports. Northfield Bancorp had a net margin of 14.92% and a return on equity of 5.20%. The company had revenue of $41.34 million for the quarter, compared to the consensus estimate of $39.48 million.

Northfield Bancorp Price Performance

NASDAQ:NFBK traded down $0.15 during mid-day trading on Tuesday, reaching $13.64. The stock had a trading volume of 945,679 shares, compared to its average volume of 246,520. Northfield Bancorp has a one year low of $9.40 and a one year high of $13.99. The company has a debt-to-equity ratio of 1.31, a quick ratio of 1.00 and a current ratio of 1.00. The firm has a 50 day moving average price of $11.73 and a two-hundred day moving average price of $11.33. The stock has a market capitalization of $570.15 million, a P/E ratio of 14.06 and a beta of 0.85.

Northfield Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 25th. Stockholders of record on Thursday, February 12th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date is Thursday, February 12th. Northfield Bancorp’s dividend payout ratio is presently 53.61%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on NFBK shares. Keefe, Bruyette & Woods reduced their price objective on Northfield Bancorp from $13.00 to $12.00 and set a “market perform” rating for the company in a report on Tuesday, October 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Northfield Bancorp in a research report on Monday, December 29th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Northfield Bancorp has an average rating of “Hold” and an average target price of $13.00.

Check Out Our Latest Stock Report on NFBK

Hedge Funds Weigh In On Northfield Bancorp

A number of large investors have recently added to or reduced their stakes in the business. Aquatic Capital Management LLC increased its holdings in shares of Northfield Bancorp by 164.4% in the third quarter. Aquatic Capital Management LLC now owns 20,652 shares of the bank’s stock worth $244,000 after buying an additional 12,842 shares during the period. State of Tennessee Department of Treasury bought a new position in shares of Northfield Bancorp in the second quarter worth approximately $211,000. Engineers Gate Manager LP boosted its position in Northfield Bancorp by 10.0% during the 2nd quarter. Engineers Gate Manager LP now owns 21,657 shares of the bank’s stock valued at $249,000 after buying an additional 1,962 shares during the period. Occudo Quantitative Strategies LP grew its holdings in Northfield Bancorp by 7.2% in the 2nd quarter. Occudo Quantitative Strategies LP now owns 24,129 shares of the bank’s stock worth $277,000 after acquiring an additional 1,619 shares during the last quarter. Finally, First Trust Advisors LP increased its position in shares of Northfield Bancorp by 6.5% in the second quarter. First Trust Advisors LP now owns 30,623 shares of the bank’s stock valued at $352,000 after acquiring an additional 1,880 shares during the period. Hedge funds and other institutional investors own 65.51% of the company’s stock.

Key Stories Impacting Northfield Bancorp

Here are the key news stories impacting Northfield Bancorp this week:

Positive Sentiment: Northfield agreed to be acquired by Columbia Financial in a transaction valued at roughly $597 million; the deal would create New Jersey’s third‑largest regional bank and Columbia projects significant EPS accretion (management cited ~50% accretion to Columbia’s 2027 EPS), giving Northfield shareholders the option of Holding Company shares or cash at closing — a clear strategic exit / liquidity path for NFBK holders. GlobeNewswire: Strategic Transaction & Q4 Results
Positive Sentiment: Board declared a cash dividend of $0.13/share (payable Feb 25, record Feb 12), a sign of shareholder returns during the deal process. TipRanks: Q4 Loss & Dividend
Positive Sentiment: Core operating trends showed improvement: net interest income and net interest margin expanded (NII up materially year‑over‑year and NIM improved), deposits ex‑brokered rose and asset quality metrics remained stable — factors that support underlying franchise value even after the impairment. QuiverQuant: Q4 Results & Merger
Neutral Sentiment: Trading was temporarily halted when the deal/earnings news hit — a procedural market response to material filings and investor calls (now resumed).
Neutral Sentiment: Management and both boards held an investor/analyst M&A call and filed related SEC materials; shareholders will face a proxy vote and Columbia’s second‑step conversion must complete before the merger can close — more disclosure to come. Seeking Alpha: M&A Call Transcript
Negative Sentiment: Northfield reported a Q4 net loss of $27.4M driven by a $41.0M non‑cash goodwill impairment — the headline loss depresses near‑term EPS and increases accounting volatility despite management saying the impairment didn’t impact regulatory capital. TipRanks: Q4 Loss & Dividend
Negative Sentiment: Several investor‑rights law firms have launched fairness investigations into the Columbia transaction (Halper Sadeh, Ademi, Monteverde), creating litigation/outcome risk and potential delays or renegotiation — a near‑term overhang on the stock. Business Wire: Halper Sadeh Investigation
Negative Sentiment: Deal completion is conditional on Columbia’s second‑step conversion, regulatory approvals and shareholder votes — execution and regulatory risk could delay or change economics for NFBK holders (cash/stock mix, limited cash election availability). GlobeNewswire: Columbia/Northfield Merger

About Northfield Bancorp

(Get Free Report)

Northfield Bancorp is the bank holding company for Northfield Bank, a New Jersey‐based community bank offering a full range of financial products and services. Headquartered in New Jersey, the company serves individuals, families and small to mid‐sized businesses across Northern and Central New Jersey. Northfield Bancorp focuses on building lasting customer relationships through a combination of personalized service and technology‐driven solutions.

Through its subsidiary, Northfield Bank provides personal banking services such as checking and savings accounts, consumer loans, mortgage products and home equity lines of credit.