Northfield Bancorp (Staten Island NY) Future Growth

Future criteria checks 3/6

Northfield Bancorp (Staten Island NY) is forecast to grow earnings and revenue by 29.7% and 8.9% per annum respectively. EPS is expected to grow by 32.1% per annum. Return on equity is forecast to be 6.5% in 3 years.

Key information

29.7%

Earnings growth rate

32.1%

EPS growth rate

Banks earnings growth	10.4%
Revenue growth rate	8.9%
Future return on equity	6.5%
Analyst coverage	Low
Last updated	08 Nov 2024

Recent future growth updates

Recent updates

Northfield Bancorp: The 24% Discount To Tangible Book Value Is Appealing

Sep 09

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

May 01

Northfield Bancorp: Over 5% Dividend Yield, Attractive Valuation (Rating Upgrade)

Mar 13

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

Oct 31

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Is Due To Pay A Dividend Of $0.13

Aug 01

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

Apr 30

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

Nov 01

Northfield Bancorp goes ex-dividend tomorrow

Aug 08

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

Aug 08

Northfield Bancorp GAAP EPS of $0.34 beats by $0.05, revenue of $40.85M beats by $3.55M

Jul 28

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Will Pay A Dividend Of US$0.13

May 01

Does Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Deserve A Spot On Your Watchlist?

Jan 09

Northfield Bancorp (Staten Island NY)'s (NASDAQ:NFBK) Dividend Will Be Increased To US$0.13

Aug 01

Why We Think Northfield Bancorp, Inc. (Staten Island, NY)'s (NASDAQ:NFBK) CEO Compensation Is Not Excessive At All

May 20

Northfield Bancorp goes ex-dividend tomorrow

May 10

Earnings and Revenue Growth Forecasts

NasdaqGS:NFBK - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	146	49	N/A	N/A	2
12/31/2025	131	39	N/A	N/A	3
12/31/2024	114	26	N/A	N/A	3
9/30/2024	125	27	37	39	N/A
6/30/2024	127	29	34	37	N/A
3/31/2024	129	32	30	33	N/A
12/31/2023	135	38	43	47	N/A
9/30/2023	144	44	55	58	N/A
6/30/2023	154	52	62	64	N/A
3/31/2023	161	59	79	81	N/A
12/31/2022	162	61	81	83	N/A
9/30/2022	163	63	77	80	N/A
6/30/2022	163	62	78	80	N/A
3/31/2022	169	66	62	64	N/A
12/31/2021	176	71	63	65	N/A
9/30/2021	172	68	66	69	N/A
6/30/2021	167	60	51	54	N/A
3/31/2021	152	51	61	63	N/A
12/31/2020	129	37	52	55	N/A
9/30/2020	121	34	44	47	N/A
6/30/2020	118	39	58	61	N/A
3/31/2020	114	36	49	53	N/A
12/31/2019	123	40	48	51	N/A
9/30/2019	120	40	41	45	N/A
6/30/2019	117	36	39	43	N/A
3/31/2019	117	38	46	49	N/A
12/31/2018	117	40	50	53	N/A
9/30/2018	119	28	49	51	N/A
6/30/2018	119	27	N/A	50	N/A
3/31/2018	117	25	N/A	47	N/A
12/31/2017	118	25	N/A	44	N/A
9/30/2017	116	35	N/A	48	N/A
6/30/2017	115	34	N/A	46	N/A
3/31/2017	116	32	N/A	42	N/A
12/31/2016	113	26	N/A	38	N/A
9/30/2016	107	23	N/A	31	N/A
6/30/2016	101	21	N/A	30	N/A
3/31/2016	95	18	N/A	28	N/A
12/31/2015	90	20	N/A	32	N/A
9/30/2015	88	19	N/A	33	N/A
6/30/2015	86	19	N/A	31	N/A
3/31/2015	85	20	N/A	29	N/A
12/31/2014	84	20	N/A	26	N/A
9/30/2014	83	20	N/A	26	N/A
6/30/2014	84	21	N/A	25	N/A
3/31/2014	83	20	N/A	24	N/A
12/31/2013	84	19	N/A	30	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: NFBK's forecast earnings growth (29.7% per year) is above the savings rate (2.6%).

Earnings vs Market: NFBK's earnings (29.7% per year) are forecast to grow faster than the US market (15.4% per year).

High Growth Earnings: NFBK's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: NFBK's revenue (8.9% per year) is forecast to grow slower than the US market (8.9% per year).

High Growth Revenue: NFBK's revenue (8.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: NFBK's Return on Equity is forecast to be low in 3 years time (6.5%).

Northfield Bancorp (Staten Island NY) Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Price target decreased by 9.5% to US$11.17

Price target decreased by 7.5% to US$10.33

Price target decreased by 9.7% to US$14.67

Price target increased to US$16.00

Consensus EPS estimates increase by 14%

Price target decreased to US$15.75

Recent updates

Investor sentiment improves as stock rises 16%

Third quarter dividend of US$0.13 announced

Northfield Bancorp, Inc. Announces Net Charge Off for Third Quarter Ended September 30, 2024

Third quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind

Northfield Bancorp: The 24% Discount To Tangible Book Value Is Appealing

Second quarter dividend of US$0.13 announced

Second quarter 2024 earnings: EPS in line with analyst expectations despite revenue beat

Northfield Bancorp, Inc. Declares Cash Dividend, Payable on August 21, 2024

Investor sentiment improves as stock rises 16%

Northfield Bancorp, Inc. (Staten Island, NY) (NasdaqGS:NFBK) announces an Equity Buyback for $10 million worth of its shares.

Independent Director recently bought US$75k worth of stock

Insufficient new directors

Price target decreased by 9.5% to US$11.17

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

First quarter dividend of US$0.13 announced

Northfield Bancorp, Inc. (Staten Island, NY) (NasdaqGS:NFBK) announces an Equity Buyback for $5 million worth of its shares.

First quarter 2024 earnings: EPS in line with expectations, revenues disappoint

Northfield Bancorp, Inc. (Staten Island, NY), Annual General Meeting, May 22, 2024

Northfield Bancorp: Over 5% Dividend Yield, Attractive Valuation (Rating Upgrade)

Full year 2023 earnings: EPS exceeds analyst expectations

Investor sentiment deteriorates as stock falls 15%

Upcoming dividend of US$0.13 per share at 3.9% yield

Fourth quarter dividend of US$0.13 announced

Northfield Bancorp, Inc. (Staten Island, NY) Declares Common Share Cash Dividend, Payable on February 21, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

Northfield Bancorp, Inc. Appoints Dr. Rachana A. Kulkarni to Its Board of Directors, Effective February 1, 2024

Northfield Bancorp, Inc. (Staten Island, NY) (NasdaqGS:NFBK) announces an Equity Buyback for $7.5 million worth of its shares.

Northfield Bancorp, Inc. Declares Cash Dividend, Payable on November 22, 2023

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

Upcoming dividend of US$0.13 per share at 6.0% yield

Price target decreased by 7.5% to US$10.33

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Independent Director recently bought US$99k worth of stock

Upcoming dividend of US$0.13 per share at 4.3% yield

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Is Due To Pay A Dividend Of $0.13

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Northfield Bancorp, Inc. Declares Cash Dividend, Payable on August 23, 2023

Now 20% undervalued

Upcoming dividend of US$0.13 per share at 5.2% yield

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased by 9.7% to US$14.67

Independent Director recently sold US$70k worth of stock

Upcoming dividend of US$0.13 per share at 3.6% yield

Northfield Bancorp, Inc. Declares Cash Dividend, Payable on February 22, 2023

Full year 2022 earnings: EPS and revenues miss analyst expectations

Independent Director notifies of intention to sell stock

Insufficient new directors

Now 20% undervalued

Independent Director exercised options and sold US$111k worth of stock

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

Upcoming dividend of US$0.13 per share

Price target increased to US$16.00

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Northfield Bancorp, Inc. (Staten Island, Ny) Declares Cash Dividend, Payable November 23, 2022

Independent Director recently sold US$183k worth of stock

Northfield Bancorp goes ex-dividend tomorrow

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

Consensus EPS estimates increase by 14%

Upcoming dividend of US$0.13 per share

Second quarter 2022 earnings released: EPS: US$0.34 (vs US$0.41 in 2Q 2021)

Northfield Bancorp, Inc. (Staten Island, NY) Declares Cash Dividend, Payable August 24, 2022

Northfield Bancorp GAAP EPS of $0.34 beats by $0.05, revenue of $40.85M beats by $3.55M

Northfield Bancorp, Inc. (Staten Island, NY) announced that it has received $62 million in funding

Price target decreased to US$15.75

Upcoming dividend of US$0.13 per share

Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Will Pay A Dividend Of US$0.13

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind