Northfield Bancorp Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 127 out of 397 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 14.50.In the medium term, the stock price is expected to trend up.Despite strong stock market performance and technicals over the past month, the fundamentals don't support the current trend.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Northfield Bancorp Inc's Score
Industry at a Glance
Industry Ranking
127 / 397
Overall Ranking
193 / 4521
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative
Northfield Bancorp Inc Highlights
StrengthsRisks
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.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 72.89%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 72.89%.
Overvalued
The company’s latest PB is 0.81, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 24.64M shares, decreasing 6.52% quarter-over-quarter.
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.