$NFBK

Northfield Bancorp, Inc.

No enriched coverage for $NFBK in the last 7 days.

No SEC Form 4 filings for $NFBK in the last 30 days.

Med

JPMorgan Chase & Co. Decreases Holdings in Northfield Bancorp, Inc. $NFBK

JPMorgan Chase & Co. significantly reduced its stake in Northfield Bancorp, Inc. (NASDAQ:NFBK) by 51.7% in the third quarter, selling over 113,000 shares. Despite this, other hedge funds increased their positions, and insider activity shows recent purchases by company directors and executives. Northfield Bancorp reported strong quarterly earnings and revenue, maintains a quarterly dividend, and holds a consensus "Hold" rating from analysts.

Northfield Bancorp 10-K: $249.1M Interest Income, $0.02 Diluted EPS

Northfield Bancorp reported $249.1 million in interest income for the year, with a diluted EPS of $0.02, despite a $41.0 million goodwill impairment charge. The company focused on strategic portfolio adjustments, shifting to higher-yielding mortgage-backed securities and reducing reliance on brokered deposits. These efforts, alongside investments in operations and increased CECL reserves, aim to enhance margin and manage risk amid a softer economic outlook.

News on $NFBK