Northfield Bancorp, Inc. (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking products and services primarily to individuals and corporate customers. More Details
Flawless balance sheet with proven track record and pays a dividend.
Share Price & News
How has Northfield Bancorp (Staten Island NY)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NFBK's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: NFBK underperformed the US Mortgage industry which returned -26.1% over the past year.
Return vs Market: NFBK underperformed the US Market which returned 13.8% over the past year.
Price Volatility Vs. Market
How volatile is Northfield Bancorp (Staten Island NY)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StShould Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Be Part Of Your Dividend Portfolio?
1 month ago | Simply Wall StWhat You Need To Know About Northfield Bancorp, Inc. (Staten Island, NY)'s (NASDAQ:NFBK) Investor Composition
Is Northfield Bancorp (Staten Island NY) undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: NFBK ($8.91) is trading above our estimate of fair value ($6.11)
Significantly Below Fair Value: NFBK is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: NFBK is poor value based on its PE Ratio (10.8x) compared to the US Mortgage industry average (10.4x).
PE vs Market: NFBK is good value based on its PE Ratio (10.8x) compared to the US market (17.6x).
Price to Earnings Growth Ratio
PEG Ratio: NFBK is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: NFBK is good value based on its PB Ratio (0.6x) compared to the US Mortgage industry average (0.8x).
How is Northfield Bancorp (Staten Island NY) forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NFBK's forecast earnings growth (16.9% per year) is above the savings rate (2.2%).
Earnings vs Market: NFBK's earnings (16.9% per year) are forecast to grow slower than the US market (22.9% per year).
High Growth Earnings: NFBK's earnings are forecast to grow, but not significantly.
Revenue vs Market: NFBK's revenue (5.1% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: NFBK's revenue (5.1% 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%).
How has Northfield Bancorp (Staten Island NY) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NFBK has high quality earnings.
Growing Profit Margin: NFBK's current net profit margins (31.9%) are higher than last year (30.8%).
Past Earnings Growth Analysis
Earnings Trend: NFBK's earnings have grown by 15% per year over the past 5 years.
Accelerating Growth: NFBK's earnings growth over the past year (7.1%) is below its 5-year average (15% per year).
Earnings vs Industry: NFBK earnings growth over the past year (7.1%) exceeded the Mortgage industry 6.7%.
Return on Equity
High ROE: NFBK's Return on Equity (5.4%) is considered low.
How is Northfield Bancorp (Staten Island NY)'s financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Financial Institutions Analysis
Asset Level: NFBK's Assets to Equity ratio (7.1x) is low.
Allowance for Bad Loans: NFBK has a sufficient allowance for bad loans (394%).
Low Risk Liabilities: 84% of NFBK's liabilities are made up of primarily low risk sources of funding.
Loan Level: NFBK has an appropriate level of Loans to Assets ratio (70%).
Low Risk Deposits: NFBK's Loans to Deposits ratio (98%) is appropriate.
Level of Bad Loans: NFBK has an appropriate level of bad loans (0.3%).
What is Northfield Bancorp (Staten Island NY) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NFBK's dividend (4.94%) is higher than the bottom 25% of dividend payers in the US market (1.72%).
High Dividend: NFBK's dividend (4.94%) is low compared to the top 25% of dividend payers in the US market (4.94%).
Stability and Growth of Payments
Stable Dividend: NFBK's dividend payments have been volatile in the past 10 years.
Growing Dividend: NFBK's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (53.3%), NFBK's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NFBK's dividends in 3 years are forecast to be covered by earnings (51.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Klein (54 yo)
Mr. Steven M. Klein, also known as Steve, CPA, has been the President of Northfield Bancorp, Inc. (Staten Island, NY) and its subsidiary Northfield Bank ("Northfield") since February 01, 2013 and its CEO s ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD976.57K) is below average for companies of similar size in the US market ($USD2.02M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
|Executive VP & CFO||7.58yrs||US$522.75k||0.14% |
|Executive VP & Director of Operations||18.67yrs||US$458.22k||0.095% |
|Executive VP & Chief Risk Officer||no data||US$492.48k||0.029% |
|Executive VP & Chief Lending Officer||1.67yrs||US$454.50k||0.043% |
|Vice President of Marketing||16.67yrs||no data||no data|
|Executive VP||4.58yrs||US$331.95k||0.11% |
|Senior VP & Corporate Secretary||no data||no data||no data|
|Senior Vice President of Northfield Bank and Commercial Banking Lead of Northfield Bank||5.83yrs||no data||no data|
|Senior Vice President of Northfield Bank||3.5yrs||no data||no data|
Experienced Management: NFBK's management team is seasoned and experienced (5.2 years average tenure).
|Lead Independent Director||no data||US$99.28k||0.52% |
|Director Emeritus||no data||US$42.49k||no data|
|Chairman of the Board||18.67yrs||US$144.45k||0.59% |
|Independent Director||4.67yrs||US$91.52k||0.43% |
|Independent Director||7yrs||US$116.68k||0.46% |
|Independent Director||15.67yrs||US$99.58k||0.12% |
|Director Emeritus||no data||US$520.28k||no data|
|Independent Director||18.67yrs||US$106.68k||0.33% |
|Independent Director||1.67yrs||US$76.90k||0.062% |
|Independent Director||7yrs||US$115.18k||0.097% |
|Independent Director||7yrs||US$101.98k||0.092% |
Experienced Board: NFBK's board of directors are considered experienced (7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: NFBK insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.2%.
Northfield Bancorp, Inc. (Staten Island, NY)'s company bio, employee growth, exchange listings and data sources
- Name: Northfield Bancorp, Inc. (Staten Island, NY)
- Ticker: NFBK
- Exchange: NasdaqGS
- Founded: 1887
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$473.353m
- Shares outstanding: 53.13m
- Website: https://www.enorthfield.com
Number of Employees
- Northfield Bancorp, Inc. (Staten Island, NY)
- 581 Main Street
- Suite 810
- New Jersey
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NFBK||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Nov 2007|
Northfield Bancorp, Inc. (Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking products and services primarily to individuals and corporate customers. I ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/28 05:17|
|End of Day Share Price||2020/09/25 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.