Q1 Net Interest Margin Rises to 2.76%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 20 2026
0mins
Reports Q1 net interest margin up 38 basis points to 2.76% from 2.38% last year. Q1 NII was $37M vs. $36.7M last quarter. Tangible book value per share was $16.63 from $16.51 last quarter. CEO Steven Klein noted, "We are pleased to report strong financial results for the quarter, with net margin expansion, deposit growth, reduced costs of deposits, and ongoing expense discipline." Mr. Klein continued, "Planning for our merger with Columbia Bank is progressing well, with our teams focused on regulatory and stockholder approvals, and the seamless integration of our two organizations."
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NFBK?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NFBK
Wall Street analysts forecast NFBK stock price to fall
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 14.270
Low
12.00
Averages
12.00
High
12.00
Current: 14.270
Low
12.00
Averages
12.00
High
12.00
About NFBK
Northfield Bancorp, Inc. is the holding company for Northfield Bank (the Bank). The Bank conducts business from its operations center located in Woodbridge, New Jersey, its home office located at a branch in Staten Island, New York, and its 36 additional branch offices located in Staten Island, Brooklyn, and the New Jersey counties of Hunterdon, Mercer, Middlesex, and Union. The Bank’s principal business consists of originating multifamily and commercial real estate loans, construction and land loans, commercial and industrial loans and home equity loans and lines of credit. The Bank offers a variety of deposit accounts, including certificates of deposit, passbook, statement, money market savings and transaction deposit accounts, which are Northfield Bank’s primary source of funds for its lending and investing activities. The Bank also borrows funds, principally through Federal Home Loan Bank (FHLB) of New York (FHLBNY), advances and repurchase agreements with brokers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Monteverde Law Firm Investigates Mergers for Shareholders
- Shareholder Rights Protection: Monteverde & Associates is investigating the merger between Translational Development Acquisition Corp. and Prologium Holding Inc., aiming to recover millions for shareholders, showcasing its expertise in securities class action litigation.
- Merger Vote Reminder: The shareholder vote for the merger between Northfield Bancorp, Inc. and Columbia Financial, Inc. is scheduled for June 25, 2026, prompting the law firm to encourage shareholders to participate actively to safeguard their interests.
- Legal Service Transparency: Monteverde emphasizes that shareholders should inquire about a lawyer's experience in class actions and past successful cases when selecting legal representation, ensuring they choose the right advocate to protect their rights.
- Success Case Review: The firm has been recognized as a Top 50 firm in the 2025 ISS Securities Class Action Services Report, reflecting its outstanding performance and industry recognition in protecting shareholder rights.
See More
Monteverde Law Firm Investigates PSB Holdings and Receives Recognition
- Shareholder Rights Protection: Monteverde & Associates is investigating the transaction between PSB Holdings and Bank First Corporation, where PSB shareholders are expected to receive 0.3470 shares of Bank First common stock for each PSB share, thereby advocating for higher transaction value for shareholders.
- Merger Transaction Dynamics: In the merger between Envirotech Vehicles and Azio AI Corporation, Azio AI shareholders will receive a pro rata portion of an aggregate 100 million shares of Envirotech common stock, indicating Envirotech's intent to expand in the electric vehicle market.
- Voting Schedule: The shareholder vote for the merger between Northfield Bancorp and Columbia Financial is scheduled for June 25, 2026, demonstrating both companies' commitment to actively engage shareholders in the merger process and ensure transparency.
- Legal Service Commitment: Monteverde & Associates has been recognized as a Top 50 firm in the 2025 ISS Securities Class Action Services Report, highlighting its expertise and successful track record in protecting shareholder rights, which may attract more shareholders seeking legal support.
See More
Investor Rights Law Firm Investigates Multiple Companies for Potential Violations
- Investigation Background: Halper Sadeh LLC is investigating Kennedy-Wilson Holdings, Inc. (NYSE:KW) regarding its sale to a consortium led by CEO William McMorrow for $10.90 per share in cash, raising concerns about potential breaches of fiduciary duties to shareholders.
- Transaction Terms: Thermon Group Holdings, Inc. (NYSE:THR) is set to sell to CECO Environmental Corp., offering shareholders options including $10.00 in cash plus 0.6840 shares of CECO stock, $63.89 per share, or 0.8110 shares of CECO stock, which may influence shareholder decisions significantly.
- Merger Dynamics: Northfield Bancorp, Inc. (NASDAQ:NFBK) is merging with Columbia Financial, Inc., and Halper Sadeh LLC is urging shareholders to understand their legal rights and options to protect their interests during this process.
- Legal Support: Halper Sadeh LLC represents investors globally, aiming to seek increased consideration and additional disclosures, thereby providing legal support and relief for those affected by securities fraud and corporate misconduct.
See More
Northfield Bancorp Q1 Earnings Miss Expectations
- Earnings Miss: Northfield Bancorp reported Q1 GAAP EPS of $0.30, missing expectations by $0.02, indicating pressure on profitability that could undermine investor confidence.
- Revenue Growth Lags: The company posted revenues of $40.38 million, a 16.0% year-over-year increase, yet fell short of expectations by $0.22 million, suggesting that despite growth, it failed to meet market forecasts, potentially affecting future investment decisions.
- M&A Opportunity: Columbia Financial plans to acquire Northfield Bancorp for approximately $597 million, which will provide Columbia with an opportunity to expand its market share and could reshape the industry landscape.
- Cautious Market Reaction: Given the earnings miss and the implications of the acquisition news, the market remains cautious about Northfield Bancorp's future performance, which may lead to increased stock price volatility.
See More
Northfield Bancorp Q1 Earnings Miss Expectations
- Earnings Performance: Northfield Bancorp reported Q1 GAAP EPS of $0.30, missing expectations by $0.02, indicating pressure on the company's profitability which may affect investor confidence.
- Revenue Growth: The company achieved revenue of $40.38 million, reflecting a 16.0% year-over-year increase; however, it still fell short of market expectations, highlighting challenges from increased market competition.
- Market Reaction Outlook: Given that both earnings and revenue missed expectations, the company's stock price is likely to face negative pressure, prompting investors to monitor future financial performance to assess long-term investment value.
- Future Prospects: Northfield Bancorp must implement strategies to enhance profitability and revenue performance to restore market confidence and drive shareholder value.
See More
Northfield Bancorp Reports Q1 Earnings Growth
- Earnings Growth: Northfield Bancorp reported a net income of $11.84 million for Q1, translating to an EPS of $0.30, which marks a significant increase from last year's $7.87 million and $0.19 per share, indicating robust profitability improvements and solid market performance.
- Revenue Increase: The company's revenue rose by 4.7% to $62.90 million compared to $60.09 million last year, demonstrating ongoing growth potential in revenue generation and enhancing its competitive position in the market.
- Financial Health: The dual growth in earnings and revenue compared to last year not only boosts investor confidence but also potentially provides funding for future expansions and investments, thereby facilitating the implementation of the company's long-term growth strategy.
- Market Performance: This improved financial performance may attract more investor attention to Northfield Bancorp, further enhancing its market position in the financial services industry and promoting a positive trend in its stock price.
See More
Monteverde Law Firm Investigates Mergers for Shareholders
- Shareholder Rights Protection: Monteverde & Associates is investigating the merger between Translational Development Acquisition Corp. and Prologium Holding Inc., aiming to recover millions for shareholders, showcasing its expertise in securities class action litigation.
- Merger Vote Reminder: The shareholder vote for the merger between Northfield Bancorp, Inc. and Columbia Financial, Inc. is scheduled for June 25, 2026, prompting the law firm to encourage shareholders to participate actively to safeguard their interests.
- Legal Service Transparency: Monteverde emphasizes that shareholders should inquire about a lawyer's experience in class actions and past successful cases when selecting legal representation, ensuring they choose the right advocate to protect their rights.
- Success Case Review: The firm has been recognized as a Top 50 firm in the 2025 ISS Securities Class Action Services Report, reflecting its outstanding performance and industry recognition in protecting shareholder rights.
See More
Monteverde Law Firm Investigates PSB Holdings and Receives Recognition
- Shareholder Rights Protection: Monteverde & Associates is investigating the transaction between PSB Holdings and Bank First Corporation, where PSB shareholders are expected to receive 0.3470 shares of Bank First common stock for each PSB share, thereby advocating for higher transaction value for shareholders.
- Merger Transaction Dynamics: In the merger between Envirotech Vehicles and Azio AI Corporation, Azio AI shareholders will receive a pro rata portion of an aggregate 100 million shares of Envirotech common stock, indicating Envirotech's intent to expand in the electric vehicle market.
- Voting Schedule: The shareholder vote for the merger between Northfield Bancorp and Columbia Financial is scheduled for June 25, 2026, demonstrating both companies' commitment to actively engage shareholders in the merger process and ensure transparency.
- Legal Service Commitment: Monteverde & Associates has been recognized as a Top 50 firm in the 2025 ISS Securities Class Action Services Report, highlighting its expertise and successful track record in protecting shareholder rights, which may attract more shareholders seeking legal support.
See More
Investor Rights Law Firm Investigates Multiple Companies for Potential Violations
- Investigation Background: Halper Sadeh LLC is investigating Kennedy-Wilson Holdings, Inc. (NYSE:KW) regarding its sale to a consortium led by CEO William McMorrow for $10.90 per share in cash, raising concerns about potential breaches of fiduciary duties to shareholders.
- Transaction Terms: Thermon Group Holdings, Inc. (NYSE:THR) is set to sell to CECO Environmental Corp., offering shareholders options including $10.00 in cash plus 0.6840 shares of CECO stock, $63.89 per share, or 0.8110 shares of CECO stock, which may influence shareholder decisions significantly.
- Merger Dynamics: Northfield Bancorp, Inc. (NASDAQ:NFBK) is merging with Columbia Financial, Inc., and Halper Sadeh LLC is urging shareholders to understand their legal rights and options to protect their interests during this process.
- Legal Support: Halper Sadeh LLC represents investors globally, aiming to seek increased consideration and additional disclosures, thereby providing legal support and relief for those affected by securities fraud and corporate misconduct.
See More
Northfield Bancorp Q1 Earnings Miss Expectations
- Earnings Miss: Northfield Bancorp reported Q1 GAAP EPS of $0.30, missing expectations by $0.02, indicating pressure on profitability that could undermine investor confidence.
- Revenue Growth Lags: The company posted revenues of $40.38 million, a 16.0% year-over-year increase, yet fell short of expectations by $0.22 million, suggesting that despite growth, it failed to meet market forecasts, potentially affecting future investment decisions.
- M&A Opportunity: Columbia Financial plans to acquire Northfield Bancorp for approximately $597 million, which will provide Columbia with an opportunity to expand its market share and could reshape the industry landscape.
- Cautious Market Reaction: Given the earnings miss and the implications of the acquisition news, the market remains cautious about Northfield Bancorp's future performance, which may lead to increased stock price volatility.
See More
Northfield Bancorp Q1 Earnings Miss Expectations
- Earnings Performance: Northfield Bancorp reported Q1 GAAP EPS of $0.30, missing expectations by $0.02, indicating pressure on the company's profitability which may affect investor confidence.
- Revenue Growth: The company achieved revenue of $40.38 million, reflecting a 16.0% year-over-year increase; however, it still fell short of market expectations, highlighting challenges from increased market competition.
- Market Reaction Outlook: Given that both earnings and revenue missed expectations, the company's stock price is likely to face negative pressure, prompting investors to monitor future financial performance to assess long-term investment value.
- Future Prospects: Northfield Bancorp must implement strategies to enhance profitability and revenue performance to restore market confidence and drive shareholder value.
See More
Northfield Bancorp Reports Q1 Earnings Growth
- Earnings Growth: Northfield Bancorp reported a net income of $11.84 million for Q1, translating to an EPS of $0.30, which marks a significant increase from last year's $7.87 million and $0.19 per share, indicating robust profitability improvements and solid market performance.
- Revenue Increase: The company's revenue rose by 4.7% to $62.90 million compared to $60.09 million last year, demonstrating ongoing growth potential in revenue generation and enhancing its competitive position in the market.
- Financial Health: The dual growth in earnings and revenue compared to last year not only boosts investor confidence but also potentially provides funding for future expansions and investments, thereby facilitating the implementation of the company's long-term growth strategy.
- Market Performance: This improved financial performance may attract more investor attention to Northfield Bancorp, further enhancing its market position in the financial services industry and promoting a positive trend in its stock price.
See More
