Northfield Bancorp, Inc. (NFBK)

Northfield Bancorp, Inc. reported its financial results for the first, second, and third quarters of 2025. Diluted earnings per share were $0.19 for Q1 2025, $0.24 for Q2 2025, and $0.27 for Q3 2025. The company's net interest margin increased to 2.54% for the quarter ended September 30, 2025. In August 2025, Northfield Bancorp received a rating upgrade to "Buy". The board also declared a quarterly cash dividend of $0.13 per common share, payable in November 2025.

The banking industry experiences seasonal trends in the demand for its products and services, particularly loans. Typically, the demand for loans is highest during the spring and summer months, declining to its lowest points in December, January, and February. Increased demand for investment services is often observed in December and early January. Changes in interest rates are also a significant driving factor.

Northfield Bancorp, Inc. operates in the Financial sector as a Regional - Northeast Bank. The company's business model is centered on community banking, emphasizing personalized service and local decision-making. Northfield Bank offers retail banking services, business checking and savings accounts, commercial lending, residential mortgages, and investment securities.

Northfield Bancorp operates through a network of branches primarily located in New Jersey and Staten Island, New York. As of December 31, 2021, the company maintained 38 full-service banking offices across Staten Island and Brooklyn, New York, and in Hunterdon, Middlesex, Mercer, and Union counties in New Jersey. The company has also expanded its physical presence with a new branch in Elizabeth, New Jersey.

In the past year, Northfield Bancorp has focused on enhancing its brand and community engagement. The company launched a new Digital Banking Experience in June 2025. Northfield Bank actively participates in community events and partnered with non-profit organizations for back-to-school supply drives. No specific negative events impacting Northfield Bancorp's reputation in the past year were identified.

Northfield Bancorp, Inc. has a mixed ownership structure comprising institutional, retail, and individual investors. Major institutional shareholders include BlackRock, Inc., Dimensional Fund Advisors LP, and Vanguard Group Inc. Bancorp MHC Northfield is noted as the largest individual shareholder. Approximately 30.69% of the company's stock is owned by institutional investors, 5.19% by insiders, and 64.12% by public companies and individual investors.