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1. Company Snapshot

1.a. Company Description

Northfield Bancorp, Inc.(Staten Island, NY) operates as the bank holding company for Northfield Bank that provides various banking services primarily to individuals and corporate customers.It accepts various deposits products, including certificates of deposit, passbook, statement, and money market savings accounts; transaction deposit accounts comprising negotiable orders of withdrawal accounts, and interest and non-interest-bearing checking accounts; individual retirement accounts; and brokered deposits.


The company also offers various loans comprising multifamily and other commercial real estate loans, construction and land loans, commercial and industrial loans, one-to-four family residential real estate loans, and home equity loans and lines of credit.In addition, it purchases various investment securities, such as mortgage-backed securities and corporate bonds; and deposits funds in other financial institutions, as well as holds mortgage loans, mortgage-backed securities, and other investments.As of December 31, 2021, the company operated 38 full-service banking offices in Staten Island and Brooklyn, New York; and Hunterdon, Middlesex, Mercer, and Union counties, New Jersey.


Northfield Bancorp, Inc.(Staten Island, NY) was founded in 1887 and is headquartered in Woodbridge, New Jersey.

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1.b. Last Insights on NFBK

Northfield Bancorp, Inc.'s recent performance was impacted by mixed investor activity. While institutional investors such as Campbell & CO Investment Adviser LLC and Connor Clark & Lunn Investment Management Ltd. increased their stakes, World Investment Advisors and State of New Jersey Common Pension Fund D also showed interest, albeit with a reduced position. The company's Q3 2025 earnings report revealed diluted EPS of $0.27 and net interest income of $34.5 million, up 1.3% from the previous quarter. Increased investment from institutional investors signals confidence, yet cautiousness persists.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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Campbell & CO Investment Adviser LLC Makes New $224,000 Investment in Northfield Bancorp, Inc. $NFBK

Nov -18

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Connor Clark & Lunn Investment Management Ltd. Raises Stake in Northfield Bancorp, Inc. $NFBK

Nov -17

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22,573 Shares in Northfield Bancorp, Inc. $NFBK Acquired by World Investment Advisors

Nov -05

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State of New Jersey Common Pension Fund D Has $1.88 Million Stake in Northfield Bancorp, Inc. $NFBK

Nov -02

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Northfield Bancorp, Inc. Announces Third Quarter 2025 Results

Oct -22

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All You Need to Know About Northfield (NFBK) Rating Upgrade to Buy

Aug -05

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Northfield Bancorp Posts Q2 Profit Jump

Jul -25

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Northfield Bancorp, Inc. Announces Second Quarter 2025 Results

Jul -23

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (2.00%)

6. Segments

Community Banking

Expected Growth: 2.0%

Northfield Bancorp's 2.0% growth in Community Banking is driven by strategic branch expansion, increased commercial lending, and a strong deposit base. The Staten Island, NY market provides a stable customer base, while the bank's focus on relationship-building and community involvement fosters loyalty and attracts new customers.

7. Detailed Products

Personal Banking

Northfield Bancorp, Inc. offers a range of personal banking services, including checking and savings accounts, credit cards, loans, and investment products.

Business Banking

Northfield Bancorp, Inc. provides business banking services, including commercial loans, cash management, and treasury management solutions.

Mortgage Lending

Northfield Bancorp, Inc. offers a range of mortgage loan options, including fixed-rate and adjustable-rate mortgages, refinancing, and home equity loans.

Wealth Management

Northfield Bancorp, Inc. provides wealth management services, including investment advice, portfolio management, and retirement planning.

Online Banking

Northfield Bancorp, Inc. offers online banking services, including bill pay, fund transfers, and account management.

Mobile Banking

Northfield Bancorp, Inc. provides mobile banking services, including mobile deposit, account management, and bill pay.

8. Northfield Bancorp, Inc. (Staten Island, NY)'s Porter Forces

Forces Ranking

Threat Of Substitutes

Northfield Bancorp, Inc. operates in a highly competitive market with many substitutes available, but the company's strong brand recognition and customer loyalty mitigate the threat.

Bargaining Power Of Customers

Northfield Bancorp, Inc.'s customers have limited bargaining power due to the company's diversified customer base and lack of concentration.

Bargaining Power Of Suppliers

Northfield Bancorp, Inc. has a diverse supplier base, reducing the bargaining power of individual suppliers.

Threat Of New Entrants

The banking industry has high barriers to entry, including regulatory hurdles and capital requirements, making it difficult for new entrants to compete with Northfield Bancorp, Inc.

Intensity Of Rivalry

The banking industry is highly competitive, with many established players competing for market share, resulting in a high intensity of rivalry.

9. SWOT Analysis

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 56.93%
Debt Cost 5.09%
Equity Weight 43.07%
Equity Cost 7.43%
WACC 6.10%
Leverage 132.18%

11. Quality Control: Northfield Bancorp, Inc. (Staten Island, NY) passed 2 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Penns Woods Bancorp

A-Score: 7.0/10

Value: 5.5

Growth: 4.8

Quality: 5.0

Yield: 9.0

Momentum: 8.5

Volatility: 9.3

1-Year Total Return ->

Stock-Card
Landmark Bancorp

A-Score: 6.8/10

Value: 6.5

Growth: 4.9

Quality: 5.4

Yield: 7.0

Momentum: 9.5

Volatility: 7.3

1-Year Total Return ->

Stock-Card
LCNB

A-Score: 6.7/10

Value: 7.1

Growth: 6.1

Quality: 5.6

Yield: 9.0

Momentum: 5.0

Volatility: 7.3

1-Year Total Return ->

Stock-Card
Northfield Bancorp

A-Score: 6.2/10

Value: 7.4

Growth: 4.7

Quality: 5.5

Yield: 8.0

Momentum: 5.0

Volatility: 6.7

1-Year Total Return ->

Stock-Card
Kearny Financial

A-Score: 6.1/10

Value: 6.2

Growth: 5.8

Quality: 5.6

Yield: 9.0

Momentum: 3.5

Volatility: 6.3

1-Year Total Return ->

Stock-Card
Catalyst Bancorp

A-Score: 5.4/10

Value: 4.4

Growth: 3.8

Quality: 5.6

Yield: 0.0

Momentum: 8.5

Volatility: 10.0

1-Year Total Return ->

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

11.2$

Current Price

11.2$

Potential

-0.00%

Expected Cash-Flows