NFBK is no longer listed. Its last trade on record was Jul 28, 2026. The price and figures on this page are from its last trading day and final filings, and are no longer updated.
Net interest income rose 19.5% year-over-year to $37.0M in 2026Q1, but total revenue fell 26.7% and the efficiency ratio spiked to 91.5% in 2025Q4, indicating severe operating leverage loss.
Northfield Bancorp, Inc. (NFBK) annual income statement — 22-year revenue, gross profit & net income history
| Metric | TTM | Dec'25 | Dec'24 | Dec'23 | Dec'22 | Dec'21 | Dec'20 | Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 | Dec'06 | Dec'05 | Dec'99 |
|---|
| Net Interest Income | 141.1M | 137.37M | 110.78M | 121.55M | 157.13M | 154.37M | 127.98M | 110.17M | 109.56M | 107.43M | 102.13M | 80.92M | 75.58M | 74.99M | 68.3M | 65.17M | 61.73M | 56.19M | 46.14M | 36.87M | 36.46M | 42.07M | 1.54M |
| NII Growth % | 91.91% | 24% | -8.86% | -22.64% | 1.79% | 20.62% | 16.17% | 0.56% | 1.98% | 5.19% | 26.21% | 7.07% | 0.79% | 9.78% | 4.82% | 5.56% | 9.86% | 21.78% | 25.16% | 1.11% | -13.33% | 2637.02% | - |
| Net Interest Margin % | 2.46% | 2.39% | 1.96% | 2.17% | 2.81% | 2.84% | 2.32% | 2.18% | 2.49% | 2.69% | 2.65% | 2.53% | 2.5% | 2.77% | 2.43% | 2.74% | 2.75% | 2.81% | 2.62% | 2.66% | 2.82% | 2.99% | 2.87% |
| Interest Income | 250.48M | 249.1M | 234.2M | 205.68M | 178.51M | 171.02M | 166.32M | 163.53M | 145.61M | 131.41M | 123.8M | 100.61M | 90.93M | 91.93M | 90.95M | 91.02M | 86.14M | 85.17M | 74.4M | 65.7M | 64.87M | 66.3M | 3.47M |
| Interest Expense | 109.37M | 111.73M | 123.42M | 84.13M | 21.38M | 16.65M | 38.34M | 53.36M | 36.05M | 23.98M | 21.67M | 19.69M | 15.35M | 16.95M | 22.64M | 25.41M | 24.41M | 28.98M | 28.26M | 28.84M | 28.41M | 24.23M | 1.94M |
| Loan Loss Provision | 4.49M | 7.4M | 4.56M | 798K | 3.42M | -5.88M | 12.74M | 22K | 2.62M | 1.41M | 635K | 353K | 645K | 1.93M | 3.54M | 12.59M | 10.08M | 9.04M | 5.08M | 1.44M | 235K | 1.63M | 41 |
| Non-Interest Income | 15.36M | -64.85M | 17.12M | 15.01M | 9.16M | 15.73M | 13.3M | 16.43M | 9.81M | 13.1M | 11.24M | 9.05M | 9.23M | 10.7M | 9.18M | 8.28M | 7.2M | 5.97M | 6.8M | 9.48M | 4.6M | 4.35M | -1.51M |
| Non-Interest Income % | 9.82% | -89.42% | 13.39% | 10.99% | 5.51% | 9.25% | 9.41% | 12.98% | 8.22% | 10.87% | 9.92% | 10.06% | 10.89% | 12.48% | 11.84% | 11.27% | 10.44% | 9.6% | 12.85% | 20.45% | 11.2% | 9.38% | -5109.29% |
| Total Net Revenue | 156.47M | 72.52M | 127.91M | 136.56M | 166.29M | 170.1M | 141.28M | 126.59M | 119.37M | 120.53M | 113.38M | 89.97M | 84.81M | 85.68M | 77.48M | 73.44M | 68.93M | 62.16M | 52.95M | 46.34M | 41.06M | 46.42M | 29.5K |
| Revenue Growth % | 19.03% | -43.3% | -6.34% | -17.88% | -2.24% | 20.4% | 11.6% | 6.05% | -0.97% | 6.31% | 26.02% | 6.08% | -1.02% | 10.59% | 5.5% | 6.54% | 10.89% | 17.4% | 14.25% | 12.87% | -11.55% | 157236.04% | - |
| Non-Interest Expense | 132.26M | 48.07M | 82.84M | 84M | 78.01M | 78.85M | 78.51M | 73.55M | 67.04M | 67.38M | 72.95M | 58.11M | 52.04M | 53.87M | 49M | 37.97M | 38.68M | 34.43M | 24.85M | 35.95M | 23.82M | 21.26M | -575.33K |
| Efficiency Ratio | 84.53% | 66.28% | 64.77% | 61.51% | 46.91% | 46.36% | 55.57% | 58.1% | 56.16% | 55.9% | 64.34% | 64.59% | 61.36% | 62.87% | 63.24% | 51.7% | 56.12% | 55.39% | 46.94% | 77.57% | 58.01% | 45.79% | -1949.95% |
| Operating Income | 19.71M | 17.05M | 40.5M | 51.76M | 84.86M | 97.13M | 50.02M | 53.02M | 49.71M | 51.75M | 39.8M | 31.51M | 32.12M | 29.88M | 24.95M | 23.32M | 20.16M | 18.69M | 23.01M | 8.95M | 17.01M | 23.54M | 604.8K |
| Operating Margin % | 12.6% | 23.51% | 31.66% | 37.9% | 51.03% | 57.1% | 35.41% | 41.88% | 41.64% | 42.93% | 35.1% | 35.02% | 37.88% | 34.88% | 32.2% | 31.75% | 29.25% | 30.07% | 43.46% | 19.32% | 41.42% | 50.7% | 2049.81% |
| Operating Income Growth % | - | -57.9% | -21.75% | -39% | -12.63% | 94.16% | -5.65% | 6.66% | -3.93% | 30.03% | 26.31% | -1.92% | 7.49% | 19.79% | 6.98% | 15.66% | 7.87% | -18.77% | 157.06% | -47.37% | -27.73% | 3791.39% | - |
| Pretax Income | 23.11M | 17.05M | 40.5M | 51.76M | 84.86M | 97.13M | 50.02M | 53.02M | 49.71M | 51.75M | 39.8M | 31.51M | 32.12M | 29.88M | 24.95M | 23.32M | 20.16M | 18.69M | 23.01M | 8.95M | 17.01M | 23.54M | 604.8K |
| Pretax Margin % | 14.77% | 23.51% | 31.66% | 37.9% | 51.03% | 57.1% | 35.41% | 41.88% | 41.64% | 42.93% | 35.1% | 35.02% | 37.88% | 34.88% | 32.2% | 31.75% | 29.25% | 30.07% | 43.46% | 19.32% | 41.42% | 50.7% | 2049.81% |
| Income Tax | 18.35M | 16.25M | 10.56M | 14.09M | 23.74M | 26.47M | 13.04M | 12.79M | 9.63M | 26.98M | 13.66M | 11.97M | 11.86M | 10.74M | 8.92M | 6.5M | 6.37M | 6.62M | 7.18M | -1.55M | 6.17M | 10.38M | 234.44K |
| Effective Tax Rate % | 79.39% | 95.33% | 26.06% | 27.22% | 27.98% | 27.26% | 26.06% | 24.12% | 19.38% | 52.14% | 34.34% | 38.01% | 36.91% | 35.93% | 35.74% | 27.86% | 31.59% | 35.41% | 31.21% | -17.37% | 36.25% | 44.09% | 38.76% |
| Net Income | 4.76M | 796K | 29.95M | 37.67M | 61.12M | 70.65M | 36.99M | 40.23M | 40.08M | 24.77M | 26.13M | 19.53M | 20.27M | 19.15M | 16.03M | 16.82M | 13.79M | 12.07M | 15.83M | 10.51M | 10.84M | 13.16M | 379.34K |
| Net Margin % | 3.04% | 1.1% | 23.41% | 27.58% | 36.75% | 41.54% | 26.18% | 31.78% | 33.58% | 20.55% | 23.05% | 21.71% | 23.9% | 22.35% | 20.69% | 22.91% | 20.01% | 19.42% | 29.9% | 22.67% | 26.4% | 28.35% | 1285.67% |
| Net Income Growth % | -84.93% | -97.34% | -20.5% | -38.37% | -13.5% | 91.02% | -8.07% | 0.39% | 61.82% | -5.21% | 33.79% | -3.63% | 5.84% | 19.44% | -4.71% | 21.97% | 14.24% | -23.73% | 50.67% | -3.09% | -17.61% | 3368.95% | - |
| Net Income (Continuing) | 4.76M | 796K | 29.95M | 37.67M | 61.12M | 70.65M | 36.99M | 40.23M | 40.08M | 24.77M | 26.13M | 19.53M | 20.27M | 19.15M | 16.03M | 16.82M | 13.79M | 12.07M | 15.83M | 10.51M | 10.84M | 13.16M | 370.36K |
| EPS (Diluted) | 0.12 | 0.02 | 0.72 | 0.86 | 1.32 | 1.45 | 0.76 | 0.85 | 0.85 | 0.53 | 0.57 | 0.45 | 0.41 | 0.34 | 0.29 | 0.42 | 0.33 | 0.28 | 0.37 | -0.03 | 0.04 | 0.05 | 0.86 |
| EPS Growth % | -84.21% | -97.25% | -16.28% | -34.85% | -8.97% | 90.79% | -10.59% | 0% | 60.38% | -7.02% | 26.67% | 9.76% | 20.59% | 17.24% | -30.95% | 27.27% | 17.86% | -24.32% | 1333.33% | -167.57% | -17.63% | -93.73% | - |
| EPS (Basic) | - | 0.02 | 0.72 | 0.86 | 1.32 | 1.46 | 0.76 | 0.86 | 0.87 | 0.55 | 0.59 | 0.46 | 0.41 | 0.35 | 0.30 | 0.42 | 0.33 | 0.28 | 0.37 | -0.03 | 0.05 | 0.06 | 0.89 |
| Diluted Shares Outstanding | 39.92M | 40.17M | 41.63M | 43.64M | 46.44M | 48.75M | 48.79M | 47.16M | 47.11M | 46.88M | 45.72M | 43.48M | 50.03M | 55.56M | 55.12M | 40.53M | 41.67M | 43.12M | 43.13M | 44.75M | 244.13M | 244.13M | 441.13M |
Quick answers to the most common questions about buying NFBK stock.
For fiscal year 2025, Northfield Bancorp, Inc. (NFBK) reported total revenue of $72.5M. This represents a 245688.8% increase compared to $0.0M in 1999.
Northfield Bancorp, Inc. (NFBK) is profitable, generating $0.8M in net income for the fiscal year ending 2025 with a net profit margin of 0.4%.
Northfield Bancorp, Inc. (NFBK) reported an operating income of $17.1M, resulting in an operating profit margin of 9.3%. This margin reflects the operational efficiency of the business before interest and taxes.
Northfield Bancorp, Inc. (NFBK) generated $65.1M in gross profit for the year, representing a gross profit margin of 35.3%. This demonstrates the company's core pricing power and production efficiency.
Key Metrics
Top Statement Risk
Multifamily credit concentration
Metrics are mathematically derived from official filings.
NII Growth Masked by Revenue Decline
Net interest income rose 19.5% year-over-year to $37.0 million in 2026Q1, yet total revenue fell 26.7%, according to company filings, suggesting non-interest income volatility.
The sequential NII expansion from $28.8 million in 2024Q4 to $37.0 million in 2026Q1 indicates loan repricing or volume growth, but the sharp drop in total revenue implies a significant contraction in non-interest income, possibly from securities gains or other one-time items. This divergence warrants scrutiny of the sustainability of NII growth, as it may be offset by funding cost pressures.
NIM Stuck at 0.6%
Net interest margin remains compressed at 0.6% for the last four quarters, as reported in financial statements, reflecting elevated funding costs and slow asset repricing.
Despite rising NII, the margin has not expanded, indicating that the bank is paying more for deposits or holding lower-yielding assets. The static margin suggests that the benefit of higher loan yields is being offset by deposit repricing, a trend that may persist if the rate environment remains elevated. Peer comparison shows KRNY and DCOM with higher margins, highlighting NFBK's relative underperformance.
Efficiency Ratio Spikes on Revenue Drop
Efficiency ratio deteriorated to 91.5% in 2025Q4 from 27.6% a year earlier, based on reported figures, indicating a severe loss of operating leverage.
The spike in the efficiency ratio was driven by a $22.4 million operating loss, likely due to a one-time charge or impairment, as the ratio returned to 37.4% in 2026Q1. This volatility suggests that the bank's cost structure is not well-aligned with revenue fluctuations, and investors should monitor whether the improvement is sustainable or if further charges loom.
Provision Expense Remains Contained
Provision for loan losses averaged $1.3 million per quarter over the last five quarters, as per income statement data, suggesting stable credit conditions despite market concerns.
The provision expense has been modest relative to the loan portfolio, indicating that management does not see immediate deterioration in credit quality. However, the low net margin of 0.43% may imply that the bank is not adequately reserving for potential losses, especially given its concentration in multifamily loans. Investors should watch for any uptick in provisions if economic conditions worsen.
Fee Income Volatile and Thin
Non-interest income contributed only 6-8% of total revenue in recent quarters, as disclosed in financial statements, with a notable drop to zero in 2026Q1.
The fee income stream is small and inconsistent, with 2026Q1 showing no non-interest income, which may indicate a reliance on one-time items like gains on securities sales. This lack of recurring fee income reduces earnings stability and makes the bank more dependent on net interest income, which is under pressure. The low fee percentage also limits the bank's ability to offset margin compression.
2025Q4 Loss Marks Turning Point
A net loss of $27.4 million in 2025Q4, as reported in financial statements, represents a critical inflection, with subsequent quarters showing recovery but lingering concerns.
The loss in 2025Q4 was driven by a $22.4 million operating loss, likely due to a one-time charge or impairment, which distorted the full-year results. The subsequent recovery to $11.8 million net income in 2026Q1 suggests the impact was non-recurring, but the event highlights the bank's vulnerability to large write-downs. This inflection point may signal a shift in the bank's risk profile, and investors should assess whether such charges could recur.
Earnings Quality Questioned by AOCI
Unrealized losses on securities, as noted in accounting nuances, may be eroding tangible equity, and the reported net margin of 0.43% could be masking underlying profitability.
The bank's earnings quality is challenged by the potential for AOCI losses to reduce book value, which is not reflected in net income. Additionally, the low net margin suggests that the bank may be under-reserving for credit losses or facing structural margin pressure. The reliance on non-recurring items, as seen in the 2025Q4 loss, further complicates the assessment of core earnings power. Investors should adjust for these factors when valuing the bank.