Northfield Bancorp (NFBK) Announces New $10M Repurchase Plan

Given its strong balance sheet and liquidity position, Northfield is expected to be able to sustain current capital distributions. This will keep enhancing shareholders' wealth. Image Source: Zacks Investment Research Shares of NFBK have plunged 35.5% over the past six months compared with the industry's decline of 20.3%. Currently, NFBK carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here. As of May 28, 2024, CATY had roughly 72.8 million common sh ...