New insider activity at Northfield Bancorp ( (NFBK) ) has taken place on May 1, 2025.
Director Frank P. Patafio has recently sold 5,000 shares of Northfield Bancorp stock, generating a total of $50,650 from the transaction.
Recent Updates on NFBK stock
In the last 24 hours, Northfield Bancorp has seen a price target adjustment by Keefe Bruyette analyst Christopher O’Connell, who lowered the target due to the company’s recent financial performance. Northfield Bancorp reported its Q1 2025 financial results, showing a net income of $7.9 million or $0.19 per diluted share, which is a decrease from the previous quarter but an increase from the same period last year. The company’s net interest margin increased to 2.38% due to lower funding costs and higher yields on interest-earning assets. Deposits increased significantly, while loans decreased slightly. Northfield Bancorp also announced a new $10 million stock repurchase plan and declared a cash dividend of $0.13 per share. The management remains focused on growing its franchise, managing expenses, and maintaining strong capital levels.
Spark’s Take on NFBK Stock
According to Spark, TipRanks’ AI Analyst, NFBK is a Neutral.
Northfield Bancorp has a solid financial foundation with strong equity and reduced debt, which is a major positive. However, the technical analysis indicates bearish market sentiment, despite the potential for a short-term rebound. The valuation is appealing with a reasonable P/E ratio and a high dividend yield, adding investor appeal. The overall score reflects a stable yet cautious outlook, highlighting the need for improved cash flow management and operational efficiency to enhance investor confidence.
To see Spark’s full report on NFBK stock, click here.
More about Northfield Bancorp
YTD Price Performance: -11.66%
Average Trading Volume: 185,097
Technical Sentiment Signal: Strong Buy
Current Market Cap: $433.2M