Northfield Bancorp, Inc. is the holding company of Northfield Bank. In addition to Northfield Bank, Northfield Bancorp, Inc. also owns Northfield Investments, Inc., a New Jersey investment company, which currently is inactive. The Bank’s principal business consists of gathering deposits, and to a lesser extent, borrowing funds, and using such funds to originate multifamily real estate loans and commercial real estate loans, purchase investment securities including mortgage-backed securities and corporate bonds, as well as depositing funds in other financial institutions. It also offers, to a lesser extent, construction and land loans, commercial and industrial loans, one- to four-family residential mortgage loans, and home equity loans and lines of credit.

Northfield Bank offers a variety of deposit accounts, including certificates of deposit, passbook, statement, and money market savings accounts, transaction deposit accounts (negotiable orders of withdrawal (NOW) accounts and non-interest bearing demand accounts), individual retirement accounts, and to a lesser extent when it is deemed cost-effective, brokered deposits. Deposits are the Bank’s primary source of funds for its lending and investing activities. The Bank also uses borrowings as a source of funds, principally from the securities sold under agreements to repurchase (repurchase agreements) with third party financial institutions and Federal Home Loan Bank of New York (FHLB) advances. 

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Type
Public
HQ
Woodbridge Township, US
Founded
1887
Size (employees)
330 (est)+21%
Northfield Bancorp was founded in 1887 and is headquartered in Woodbridge Township, US
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Northfield Bancorp Office Locations

Northfield Bancorp has an office in Woodbridge Township
Woodbridge Township, US (HQ)
581 Main St
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Northfield Bancorp Financials and Metrics

Northfield Bancorp Financials

Northfield Bancorp's revenue was reported to be $135.04 m in FY, 2016 which is a 32.7% increase from the previous period.
USD

Net income (FY, 2017)

24.8 m

EBIT (FY, 2017)

107.5 m

Market capitalization (20-Apr-2018)

742.5 m

Cash (31-Dec-2017)

57.8 m
Northfield Bancorp's current market capitalization is $742.5 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

92.5 m91.7 m101.8 m135 m

Revenue growth, %

(1%)11%33%

Cost of goods sold

16.9 m15.4 m19.7 m21.7 m24 m

Gross profit

75.5 m76.3 m82.1 m113.4 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

26 m24.9 m24.5 m24.5 m26.9 m27 m27.2 m32.4 m33.7 m34.2 m36.2 m35.1 m

Cost of goods sold

4.1 m3.6 m3.6 m3.7 m4.8 m4.8 m5 m5.4 m5.5 m5.3 m5.4 m5.8 m

Gross profit

21.9 m21.3 m20.9 m20.8 m22.1 m22.3 m22.2 m27 m28.2 m28.9 m30.8 m29.3 m

Gross profit Margin, %

84%85%85%85%82%82%82%83%84%85%85%84%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

61.2 m76.7 m51.9 m96.1 m57.8 m

Accounts Receivable

8.1 m8 m8.3 m10 m

Inventories

PP&E

29.1 m26.2 m23.6 m26.9 m25.7 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

93.7 m61.1 m35.8 m66.9 m93.1 m75.8 m86 m114.7 m60.5 m36.1 m51.3 m50.3 m

PP&E

29.8 m28.4 m27.6 m26.9 m25.9 m25.1 m24.4 m28.8 m28.1 m27.6 m26.2 m25.9 m

Goodwill

16.2 m16.2 m16.2 m16.2 m16.2 m16.2 m16.2 m38.4 m38.4 m38.4 m38.4 m38.4 m

Total Assets

2.7 b2.7 b2.7 b2.9 b3.1 b3.1 b3.2 b3.7 b3.7 b3.8 b3.8 b3.9 b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

19.1 m20.3 m19.5 m26.1 m24.8 m

Depreciation and Amortization

3.6 m3.6 m3.6 m4 m3.2 m

Inventories

Accounts Payable

2.6 m1.1 m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

14.2 m5.2 m10.7 m15.4 m5 m9.3 m14 m3.7 m10.6 m17.9 m9.9 m18.4 m

Depreciation and Amortization

3 m926 k1.9 m1.9 m870 k1.7 m2.6 m885 k1.8 m2.7 m838 k1.7 m

Accounts Payable

631 k691 k

Cash From Operating Activities

21.4 m6.8 m9.5 m17.3 m10.1 m14.4 m24.6 m5.7 m12.3 m23.6 m9.8 m20.1 m
USDY, 2017

Financial Leverage

6.2 x
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Northfield Bancorp Operating Metrics

Northfield Bancorp's Total Loans was reported to be $3b in Q2, 2017.
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