DA Davidson downgraded Northfield Bancorp from Buy to Neutral
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/15/2021 | Buy → Neutral | DA Davidson | |
| 12/15/2021 | $20.00 → $19.00 | Buy → Neutral | DA Davidson |
| 9/27/2021 | $18.00 | Overweight → Neutral | Piper Sandler |
NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.16 FOR THE CURRENT QUARTER COMPARED TO $0.14 FOR THE TRAILING QUARTER, AND $0.19 FOR THE THIRD QUARTER OF 2023. NET INTEREST MARGIN REMAINED RELATIVELY STABLE AT 2.08% FOR THE CURRENT QUARTER AS COMPARED TO 2.09% FOR THE TRAILING QUARTER.AVERAGE YIELD ON INTEREST-EARNING ASSETS DECREASED ONE BASIS POINT TO 4.38%, WHILE THE AVERAGE COST OF INTEREST-BEARING LIABILITIES REMAINED STABLE AT 2.95% FOR THE CURRENT QUARTER AS COMPARED TO THE TRAILING QUARTER. DEPOSITS (EXCLUDING BROKERED) DECREASED MODESTLY BY $5.1 MILLION, OR LESS THAN 1% ANNUALIZED, COMPARED TO JUNE 30, 2024, AND INCREASED $15.0 MILLION, OR 0.5% ANNUALIZED,
NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.14 FOR THE CURRENT QUARTER COMPARED TO $0.15 FOR THE TRAILING QUARTER, AND $0.22 FOR THE SECOND QUARTER OF 2023. RESULTS INCLUDE $0.03 PER SHARE IN EXPENSES ASSOCIATED WITH SEVERANCE PAYMENTS AND DEFERRED TAX ASSET WRITE-OFFS RELATED TO EXPIRED STOCK OPTIONS.NET INTEREST INCOME OF $28.7 MILLION, INCREASED $803,000, OR 2.9%, OVER TRAILING QUARTER.NET INTEREST MARGIN EXPANDED SIX BASIS POINTS FROM THE TRAILING QUARTER TO 2.09%.AVERAGE YIELD ON INTEREST-EARNING ASSETS INCREASED 12 BASIS POINTS TO 4.39%, WHILE THE AVERAGE COST OF INTEREST-BEARING LIABILITIES INCREASED SIX BASIS POINTS TO 2.95% FOR THE CURRENT QUARTER COMP
NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.15 FOR THE CURRENT QUARTER COMPARED TO $0.19 FOR THE TRAILING QUARTER, AND $0.26 FOR THE FIRST QUARTER OF 2023.NET INTEREST INCOME OF $27.9 MILLION, DECREASED $1.0 MILLION, OR 3.6%, PRIMARILY REFLECTING INCREASED FUNDING COSTS AND LOWER LOAN BALANCES. AVERAGE YIELDS ON INTEREST-EARNING ASSETS INCREASED 17 BASIS POINTS TO 4.27%, WHILE THE AVERAGE COST OF INTEREST-BEARING LIABILITIES INCREASED 37 BASIS POINTS TO 2.89% FOR THE CURRENT QUARTER COMPARED TO THE TRAILING QUARTER. NET INTEREST MARGIN DECREASED TO 2.03%, OR 14 BASIS POINTS, FOR THE CURRENT QUARTER COMPARED TO THE TRAILING QUARTER.TOTAL DEPOSITS (EXCLUDING BROK
WOODBRIDGE, N.J., July 16, 2024 (GLOBE NEWSWIRE) -- Northfield Bank, wholly-owned subsidiary of Northfield Bancorp, Inc. (NASDAQ:NFBK), announced today that Steven M. Klein, President and Chief Executive Officer, has been named to the Board of Directors of the Federal Home Loan Bank of New York (the "FHLBNY"). Mr. Klein stated, "The FHLBNY has stood strong for nearly a century, and I am honored to join the Board and work closely with my fellow Directors to support the FHLBNY's commitment to our Members and the communities we serve." Mr. Klein serves as Chairman, President and Chief Executive Officer of FHLBNY member Northfield Bank. Mr. Klein is responsible for leading strategic planning
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
WOODBRIDGE, N.J., Jan. 24, 2024 (GLOBE NEWSWIRE) -- NORTHFIELD BANCORP, INC. (NASDAQ:NFBK) (the "Company'), today announced that its Boards of Directors appointed Dr. Rachana A. Kulkarni as a director of both the Company and Northfield Bank effective February 1, 2024. Steven M. Klein, Chairman and CEO commented, "I'm pleased to announce that our Boards, under the leadership of its Nominating and Corporate Governance Committee, have appointed an esteemed and well-respected individual in Dr. Kulkarni. Rachana's diverse skills, life experiences, and contributions to her community, will play a key role in our continued development and growth." Dr. Kulkarni is President and Managing Partner o
10-Q - Northfield Bancorp, Inc. (0001493225) (Filer)
8-K - Northfield Bancorp, Inc. (0001493225) (Filer)
8-K - Northfield Bancorp, Inc. (0001493225) (Filer)
4 - Northfield Bancorp, Inc. (0001493225) (Issuer)
4 - Northfield Bancorp, Inc. (0001493225) (Issuer)
4 - Northfield Bancorp, Inc. (0001493225) (Issuer)
4 - Northfield Bancorp, Inc. (0001493225) (Issuer)
4 - Northfield Bancorp, Inc. (0001493225) (Issuer)
4 - Northfield Bancorp, Inc. (0001493225) (Issuer)
Northfield Bancorp (NASDAQ:NFBK) reported quarterly earnings of $0.14 per share which met the analyst consensus estimate. This is a 36.36 percent decrease over earnings of $0.22 per share from the same period last year. The company reported quarterly sales of $28.69 million which beat the analyst consensus estimate of $28.09 million by 2.13 percent. This is a 7.94 percent decrease over sales of $31.16 million the same period last year.
With U.S. stock futures trading mixed this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Lennar Corporation (NYSE:LEN) to report quarterly earnings at $3.24 per share on revenue of $8.52 billion after the closing bell, according to data from Benzinga Pro. Lennar shares gained 0.04% to close at $155.10 on Friday. Northfield Bancorp, Inc. (NASDAQ:NFBK) approved a new $10 million stock repurchase program. Northfield Bancorp shares declined 2.5% to close at $7.79 on Friday. Analysts are expecting La-Z-Boy Incorporated (NYSE:LZB) to post quarterly earnings at 70 cents per share on revenue of $516.44 million. The company will
NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.16 FOR THE CURRENT QUARTER COMPARED TO $0.14 FOR THE TRAILING QUARTER, AND $0.19 FOR THE THIRD QUARTER OF 2023. NET INTEREST MARGIN REMAINED RELATIVELY STABLE AT 2.08% FOR THE CURRENT QUARTER AS COMPARED TO 2.09% FOR THE TRAILING QUARTER.AVERAGE YIELD ON INTEREST-EARNING ASSETS DECREASED ONE BASIS POINT TO 4.38%, WHILE THE AVERAGE COST OF INTEREST-BEARING LIABILITIES REMAINED STABLE AT 2.95% FOR THE CURRENT QUARTER AS COMPARED TO THE TRAILING QUARTER. DEPOSITS (EXCLUDING BROKERED) DECREASED MODESTLY BY $5.1 MILLION, OR LESS THAN 1% ANNUALIZED, COMPARED TO JUNE 30, 2024, AND INCREASED $15.0 MILLION, OR 0.5% ANNUALIZED,
STATEN ISLAND, N.Y., Sept. 18, 2024 (GLOBE NEWSWIRE) -- The Northfield Bank Foundation announced today that John P. Connors, Jr. has been named Chair of the Foundation's Board of Directors. Mr. Connors is an attorney admitted to practice in the State and Federal Courts in the States of New York and New Jersey and the District of Columbia, and has been a member of the Northfield Bank Foundation's Board of Directors since 2008. Mr. Connors also serves as a director and former Lead Independent Director of Northfield Bank, trustee and board vice chair of Notre Dame Academy, member of the Georgetown University Alumni and Student Federal Credit Union and External Advisory Committee, and direc
NOTABLE ITEMS FOR THE QUARTER INCLUDE: DILUTED EARNINGS PER SHARE WERE $0.14 FOR THE CURRENT QUARTER COMPARED TO $0.15 FOR THE TRAILING QUARTER, AND $0.22 FOR THE SECOND QUARTER OF 2023. RESULTS INCLUDE $0.03 PER SHARE IN EXPENSES ASSOCIATED WITH SEVERANCE PAYMENTS AND DEFERRED TAX ASSET WRITE-OFFS RELATED TO EXPIRED STOCK OPTIONS.NET INTEREST INCOME OF $28.7 MILLION, INCREASED $803,000, OR 2.9%, OVER TRAILING QUARTER.NET INTEREST MARGIN EXPANDED SIX BASIS POINTS FROM THE TRAILING QUARTER TO 2.09%.AVERAGE YIELD ON INTEREST-EARNING ASSETS INCREASED 12 BASIS POINTS TO 4.39%, WHILE THE AVERAGE COST OF INTEREST-BEARING LIABILITIES INCREASED SIX BASIS POINTS TO 2.95% FOR THE CURRENT QUARTER COMP
SC 13G/A - Northfield Bancorp, Inc. (0001493225) (Subject)
SC 13G/A - Northfield Bancorp, Inc. (0001493225) (Subject)
SC 13G/A - Northfield Bancorp, Inc. (0001493225) (Subject)
DA Davidson downgraded Northfield Bancorp from Buy to Neutral
DA Davidson downgraded Northfield Bancorp from Buy to Neutral and set a new price target of $19.00 from $20.00 previously
Piper Sandler downgraded Northfield Bancorp from Overweight to Neutral and set a new price target of $18.00