Workflow
Northfield Bancorp, Inc. Announces Fourth Quarter and Year End 2024 Results
NFBKNorthfield Bancorp(NFBK) GlobeNewswire·2025-01-22 23:15

NOTABLE ITEMS FOR THE QUARTER: DILUTED EARNINGS PER SHARE OF 0.27FORTHEFOURTHQUARTEROF2024,COMPAREDTO0.27 FOR THE FOURTH QUARTER OF 2024, COMPARED TO 0.16 FOR THE TRAILING QUARTER, AND 0.19FORTHEFOURTHQUARTEROF2023.FourthQuarter2024resultsincludedagainof0.19 FOR THE FOURTH QUARTER OF 2023. Fourth Quarter 2024 results included a gain of 0.06 per share on the sale and consolidation of a Staten Island branch in December 2024. NET INTEREST MARGIN INCREASED BY 10 BASIS POINTS TO 2.18% FOR THE CURRENT QUARTER, AS COMPARED TO 2.08% FOR THE TRAILING QUARTER.THE AVERAGE COST OF INTEREST-BEARING LIABILITIES DECREASED 10 ...