NASDAQ$NFBK

Northfield Bancorp Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported diluted earnings per share of $0.34 for the fourth quarter of 2021, compared to $0.26 for the fourth quarter of 2020.

Northfield Bancorp reported a diluted earnings per share of $0.34 for Q4 2021, compared to $0.26 for Q4 2020. Net income was $16.1 million, compared to $13.1 million for the same period in the previous year. The increase in earnings was influenced by a decrease in the provision for credit losses on loans and an increase in net interest income.

  • Diluted earnings per share were $0.34 for Q4 2021, up from $0.26 in Q4 2020.
  • Net interest margin increased by 13 basis points to 2.96% compared to Q4 2020.
  • Loans held-for-investment, excluding PPP loans, increased at an annualized rate of 2.4% during the quarter.
  • Deposits, excluding brokered deposits, increased at an annualized rate of 3.4% during the quarter.

Headline financials

Total Revenue

$38.4M

Previous: $37M+3.6%
EPS (adj)

$0.34

Previous: $0.26+30.8%
Net interest margin

3.0%

Previous: 2.8%+4.6%
Efficiency ratio

48.5%

No prior period
NPL to total loans

0.2%

Previous: 0.8%-72.7%
Capital Expenditures

$345K

Previous: $1.48M-76.7%
Free Cash Flow

$21M

Previous: $23.6M-11.2%
Net Income

$16.1M

Previous: $13.1M+23.3%
Gross Profit

$42.6M

Previous: $41.1M+3.7%
Cash & Equivalents

$91.1M

Previous: $87.5M+4.0%
Total Assets

$5.43B

Previous: $5.51B-1.5%
Stock-Based Comp

$1.5M

Previous: $911K+64.1%

Revenue & EPS history

Northfield Bancorp · Revenue · Quarterly

$38.4M

Q4 2021+3.6%vs Q4 2020
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

This release may contain certain "forward looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and may be identified by the use of such words as "may," "believe," "expect," "anticipate," "should," "plan," "estimate," "predict," "continue," and "potential" or the negative of these terms or other comparable terminology.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

-0.2%

Avg return

Earnings day

-0.4%

Avg return

5 days after

+0.1%

Avg return

30 days after

54%

35 / 65 earnings

Positive

+11.8%

Q4 2025

Best reaction

-8.6%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%+0.9%+5.4%
Q4 2025+11.8%+12.6%+9.3%
Q3 2025+1.2%-1.6%-3.6%
Q2 2025-2.4%-1.8%+3.3%
Q1 2025-1.7%-2.5%-1.2%
Q4 2024+4.0%+2.3%-0.4%
Q3 2024-1.7%+0.4%+15.4%
Q2 2024+2.1%+0.2%-1.8%
Q1 2024-7.0%-4.6%+1.0%
Q4 2023+4.8%+4.6%-20.8%
Q3 2023+0.1%-0.6%+13.0%
Q2 2023+2.6%+0.6%-12.6%
Q1 2023-1.5%-3.8%-2.4%
Q4 2022-8.6%-7.4%-6.7%
Q3 2022+0.3%+3.4%+1.9%
Q2 2022+5.3%+7.4%+8.5%
Q1 2022+1.3%-2.3%-1.4%
Q4 2021-6.0%-6.5%-6.3%
Q3 2021+0.5%+2.8%-2.3%
Q2 2021+3.3%+2.5%+6.3%
Q1 2021+0.6%+1.9%+4.8%
Q4 2020-2.6%-2.1%+6.5%
Q3 2020-3.0%-0.7%+11.1%
Q2 2020+1.3%-6.0%-6.6%
Q1 2020+0.4%-1.3%-2.7%
Q4 2019-0.6%-2.5%-14.5%
Q3 2019-1.1%+0.5%-0.4%
Q2 2019-0.8%+0.6%-3.7%
Q1 2019+0.2%+3.5%+3.7%
Q4 2018+0.1%+1.8%+4.0%
Q3 2018-7.8%-7.0%-4.7%
Q2 2018-1.0%-4.6%-2.1%
Q1 2018-2.0%-1.6%+2.1%
Q4 2017+0.2%-0.8%-5.3%
Q3 2017+1.4%-2.4%-1.0%
Q2 2017-3.7%-1.4%-5.7%
Q1 2017+2.2%+0.4%-10.2%
Q4 2016-0.2%-1.3%+3.4%
Q3 2016+0.1%+1.4%+16.1%
Q2 2016-1.0%-0.6%+4.6%
Q1 2016-3.5%
Q4 2015+2.7%
Q3 2015+1.3%
Q2 2015-3.6%
Q1 2015+0.0%
Q4 2014-0.2%
Q3 2014+0.4%
Q2 2014+2.0%
Q1 2014+1.3%
Q4 2013-1.6%
Q3 2013+0.3%
Q3 2012+0.3%
Q2 2013-0.2%
Q2 2012-0.2%
Q1 2012+0.4%
Q1 2013-1.1%
Q4 2010+0.4%
Q4 2011+0.4%
Q4 2012+0.4%
Q3 2011-1.2%
Q2 2011-3.1%
Q1 2011+0.6%
Q3 2010-0.1%
Q2 2010+0.9%
Q1 2010-3.0%

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