Northfield Bancorp

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. 

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

Northfield Bancorp Office Locations

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

Northfield Bancorp Financials and Metrics

Northfield Bancorp Financials

Northfield Bancorp's revenue was reported to be $36.2 m in Q1, 2017
USD

Revenue (Q1, 2017)

36.2 m

Gross profit (Q1, 2017)

30.8 m

Gross profit margin (Q1, 2017), %

85%

Net income (Q1, 2017)

9.9 m

EBIT (Q1, 2017)

26.3 m

Market capitalization (12-Oct-2017)

791 m

Cash (31-Mar-2017)

51.3 m
Northfield Bancorp's current market capitalization is $791 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016

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 m

Gross profit

75.5 m76.3 m82.1 m113.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

24.5 m24.5 m26.9 m27 m27.2 m32.4 m33.7 m34.2 m36.2 m

Cost of goods sold

3.6 m3.7 m4.8 m4.8 m5 m5.4 m5.5 m5.3 m5.4 m

Gross profit

20.9 m20.8 m22.1 m22.3 m22.2 m27 m28.2 m28.9 m30.8 m

Gross profit Margin, %

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

Cash

61.2 m76.7 m51.9 m96.1 m

Accounts Receivable

8.1 m8 m8.3 m10 m

PP&E

29.1 m26.2 m23.6 m26.9 m

Goodwill

16.2 m16.2 m16.2 m38.4 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

35.8 m66.9 m93.1 m75.8 m86 m114.7 m60.5 m36.1 m51.3 m

PP&E

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

Goodwill

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

Total Assets

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

Net Income

19.1 m20.3 m19.5 m26.1 m

Depreciation and Amortization

3.6 m3.6 m3.6 m4 m

Accounts Receivable

1 k

Accounts Payable

2.6 m1.1 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

10.7 m15.4 m5 m9.3 m14 m3.7 m10.6 m17.9 m9.9 m

Depreciation and Amortization

1.9 m1.9 m870 k1.7 m2.6 m885 k1.8 m2.7 m838 k

Accounts Receivable

278 k1.5 m1.5 m1.5 m

Accounts Payable

691 k
Y, 2017

Financial Leverage

6.1 x
Show all financial metrics

Northfield Bancorp Operating Metrics

Northfield Bancorp's Total Loans Issued was reported to be $3 b in Q2, 2017
Show all operating metrics

Northfield Bancorp Market Value History

Northfield Bancorp Job Categories

Traffic Overview of Northfield Bancorp

Northfield Bancorp Company Life and Culture

You may also be interested in