Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) Issues Earnings Results

Northfield Bancorp, Inc. (Staten Island, NY) (NASDAQ:NFBK) announced its earnings results on Wednesday. The bank reported $0.16 EPS for the quarter, hitting the consensus estimate of $0.16, Yahoo Finance reports. The business had revenue of $62.90 million for the quarter, compared to the consensus estimate of $32.30 million. Northfield Bancorp, Inc. (Staten Island, NY) had a return on equity of 4.31% and a net margin of 12.00%.

Northfield Bancorp, Inc. (Staten Island, NY) Stock Down 1.4 %

NFBK traded down $0.16 during trading on Friday, hitting $11.58. The company had a trading volume of 32,657 shares, compared to its average volume of 280,854. The firm’s 50-day moving average price is $11.74 and its 200 day moving average price is $10.33. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.66. Northfield Bancorp, Inc. has a one year low of $6.98 and a one year high of $13.48. The company has a market capitalization of $500.14 million, a PE ratio of 17.52 and a beta of 0.75.

Northfield Bancorp, Inc. (Staten Island, NY) Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 20th. Investors of record on Wednesday, November 6th will be given a $0.13 dividend. The ex-dividend date of this dividend is Wednesday, November 6th. This represents a $0.52 annualized dividend and a yield of 4.49%. Northfield Bancorp, Inc. (Staten Island, NY)’s dividend payout ratio is currently 77.61%.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods raised their price target on shares of Northfield Bancorp, Inc. (Staten Island, NY) from $9.50 to $11.25 and gave the company a “market perform” rating in a report on Tuesday, July 30th.

About Northfield Bancorp, Inc. (Staten Island, NY)

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. 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; and brokered deposits.