Northfield Bancorp, Inc. (Staten Island, NY)

NasdaqGS:NFBK Stock Report

Market Cap: US$494.5m

Northfield Bancorp (Staten Island NY) Management

Management criteria checks 4/4

Northfield Bancorp (Staten Island NY)'s CEO is Steve Klein, appointed in Feb 2013, has a tenure of 11.58 years. total yearly compensation is $1.23M, comprised of 58.9% salary and 41.1% bonuses, including company stock and options. directly owns 1.35% of the company’s shares, worth $6.66M. The average tenure of the management team and the board of directors is 10.1 years and 11 years respectively.

Key information

Steve Klein

Chief executive officer

US$1.2m

Total compensation

CEO salary percentage58.9%
CEO tenure11.6yrs
CEO ownership1.3%
Management average tenure10.1yrs
Board average tenure11yrs

Recent management 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 (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

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) Has Announced A Dividend Of $0.13

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) Is Due To Pay A Dividend Of $0.13

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

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

Nov 01
Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Has Announced A Dividend Of $0.13

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

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

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

Jan 09
Does Northfield Bancorp (Staten Island NY) (NASDAQ:NFBK) Deserve A Spot On Your Watchlist?

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

Aug 01
Northfield Bancorp (Staten Island NY)'s (NASDAQ:NFBK) Dividend Will Be Increased To US$0.13

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

May 20
Why We Think Northfield Bancorp, Inc. (Staten Island, NY)'s (NASDAQ:NFBK) CEO Compensation Is Not Excessive At All

Northfield Bancorp goes ex-dividend tomorrow

May 10

Northfield Bancorp, Inc. (Staten Island, NY) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

May 01
Northfield Bancorp, Inc. (Staten Island, NY) Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year

CEO Compensation Analysis

How has Steve Klein's remuneration changed compared to Northfield Bancorp (Staten Island NY)'s earnings?
DateTotal CompensationSalaryCompany Earnings
Jun 30 2024n/an/a

US$29m

Mar 31 2024n/an/a

US$32m

Dec 31 2023US$1mUS$724k

US$38m

Sep 30 2023n/an/a

US$44m

Jun 30 2023n/an/a

US$52m

Mar 31 2023n/an/a

US$59m

Dec 31 2022US$1mUS$695k

US$61m

Sep 30 2022n/an/a

US$63m

Jun 30 2022n/an/a

US$62m

Mar 31 2022n/an/a

US$66m

Dec 31 2021US$1mUS$665k

US$71m

Sep 30 2021n/an/a

US$68m

Jun 30 2021n/an/a

US$60m

Mar 31 2021n/an/a

US$51m

Dec 31 2020US$1mUS$650k

US$37m

Sep 30 2020n/an/a

US$34m

Jun 30 2020n/an/a

US$39m

Mar 31 2020n/an/a

US$36m

Dec 31 2019US$977kUS$595k

US$40m

Sep 30 2019n/an/a

US$40m

Jun 30 2019n/an/a

US$36m

Mar 31 2019n/an/a

US$38m

Dec 31 2018US$944kUS$575k

US$40m

Sep 30 2018n/an/a

US$28m

Jun 30 2018n/an/a

US$27m

Mar 31 2018n/an/a

US$25m

Dec 31 2017US$1mUS$447k

US$25m

Compensation vs Market: Steve's total compensation ($USD1.23M) is below average for companies of similar size in the US market ($USD2.40M).

Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.


CEO

Steve Klein (58 yo)

11.6yrs

Tenure

US$1,227,780

Compensation

Mr. Steven M. Klein, also known as Steve, CPA, has been Director of Federal Home Loan Bank of New York since July 9, 2024. He has been the President of Northfield Bancorp, Inc. (Staten Island, NY) and Nort...


Leadership Team

NamePositionTenureCompensationOwnership
Steven Klein
President11.6yrsUS$1.23m1.35%
$ 6.7m
William Jacobs
Executive VP & CFO11.6yrsUS$665.27k0.26%
$ 1.3m
Robin Lefkowitz
Executive VP8.6yrsUS$552.23k0.18%
$ 896.2k
Vickie Tomasello
Executive VP & Chief Risk Officer1.7yrsUS$358.20k0.018%
$ 88.4k
David Fasanella
Executive VP & Chief Lending Officer5.7yrsUS$627.57k0.14%
$ 695.6k
Susan Aufiero-Peters
Senior VPno datano datano data
Damien Kane
Senior VP & Director of Marketing20.7yrsno datano data
Judith Calabrese
Senior VP & Assistant Corporate Secretaryno datano datano data

10.1yrs

Average Tenure

56.5yo

Average Age

Experienced Management: NFBK's management team is seasoned and experienced (10.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Steven Klein
President11yrsUS$1.23m1.35%
$ 6.7m
Annette Catino
Independent Director21.7yrsUS$172.02k0.71%
$ 3.5m
Albert Regen
Director Emeritusno dataUS$80.74kno data
Patrick Ryan
Independent Director8.7yrsUS$144.71k0.42%
$ 2.1m
Frank Patafio
Independent Director11yrsUS$136.61k0.62%
$ 3.1m
Gil Chapman
Independent Director19.7yrsUS$134.07k0.16%
$ 787.6k
John Connors
Independent Director22.7yrsUS$134.87k0.47%
$ 2.3m
Paul Stahlin
Independent Director5.7yrsUS$148.04k0.11%
$ 546.5k
Timothy Harrison
Lead Independent Director11yrsUS$146.89k0.18%
$ 889.5k
Karen Kessler
Independent Director11yrsUS$137.35k0.15%
$ 729.6k
Rachana Kulkarni
Independent Directorless than a yearno data0.033%
$ 161.0k

11.0yrs

Average Tenure

67yo

Average Age

Experienced Board: NFBK's board of directors are seasoned and experienced ( 11 years average tenure).