Northfield Bancorp Posts Q2 Profit Jump

Northfield Bancorp (Staten Island, Ny) (NASDAQ:NFBK), a community bank serving New York and New Jersey, posted its results on July 25, 2025. The company reported GAAP EPS of $0.24, outpacing the analyst estimate of $0.23 (GAAP), and GAAP revenue of $38.9 million, beating GAAP expectations of $36.53 million. These results showed marked improvement over the prior-year quarter, with notable gains in profitability and efficiency. Overall, the quarter was defined by outperforming top-line and bottom-line estimates, margin expansion, and an improved asset quality profile. Source: Analyst estimates for the quarter provided by FactSet. Northfield Bancorp operates as a regional bank with branches in New York and New Jersey, primarily serving local businesses and individuals. Its principal business is taking deposits and extending loans, especially to the multifamily and commercial real estate sectors, which together account for the majority of its lending activity. The bank also offers home equity, residential mortgage, and commercial and industrial loans.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool