Northfield Bancorp Q1 net income rises 49.37% to $11.8 million

Northfield Bancorp, Inc.

Northfield Bancorp, Inc.

NFBK

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  • Northfield Bancorp posted net income of $11.8 million, up 49.37%, with earnings per share rising to $0.30.
  • Net interest income climbed 16.3% to $37 million as net interest margin widened 38 basis points to 2.76%.
  • Provision for credit losses on loans fell to $247,000 from $2.6 million, while non-interest expense rose 8.5% to $23.3 million on $1.7 million of merger-related costs.
  • Total assets edged down 0.3% to $5.74 billion; loans held-for-investment slipped 1.3% to $3.81 billion, while deposits excluding brokered deposits increased 2.1% to $4.06 billion.
  • Merger with Columbia Financial remains subject to depositor, stockholder, and regulatory approvals, with closing expected early in third quarter of 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Northfield Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493225-26-000054), on May 11, 2026, and is solely responsible for the information contained therein.