Northfield Bancorp, Inc. (Staten Island, NY) (NFBK)

NFBK Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	184.45	181.64	160.91	158.22	146.57	136.13
Interest Income on Investments	48.2	27.16	18.78	14.08	21.58	29.01
Total Interest Income	232.65	208.8	179.69	172.3	168.15	165.14
Interest Paid on Deposits	77.08	48.75	10.29	6.21	25.23	41.33
Interest Paid on Borrowings	41.85	35.38	11.09	10.44	13.11	12.03
Total Interest Expense	118.93	84.13	21.38	16.65	38.34	53.36
Net Interest Income	113.72	124.67	158.31	155.65	129.81	111.79
Net Interest Income Growth (YoY)	-15.82%	-21.25%	1.71%	19.91%	16.12%	0.49%
Income From Trading Activities	2.6	1.72	-2.21	1.7	1.6	1.99
Gain (Loss) on Sale of Investments	-0.01	-0.02	0.28	1.5	0.33	0.51
Other Non-Interest Income	10.81	10.06	9.46	9.85	8.88	8.91
Total Non-Interest Income	13.45	11.9	7.98	14.45	11.47	11.41
Non-Interest Income Growth (YoY)	17.04%	49.02%	-44.77%	25.99%	0.56%	40.37%
Revenues Before Loan Losses	127.16	136.56	166.29	170.1	141.28	123.19
Provision for Loan Losses	2.61	1.35	4.48	-6.18	12.74	0.02
Revenue	124.55	135.21	161.81	176.29	128.54	123.17
Revenue Growth (YoY)	-13.67%	-16.44%	-8.21%	37.15%	4.36%	5.50%
Salaries and Employee Benefits	45.4	42.13	37.83	40.03	38.23	34
Occupancy Expenses	3.38	3.38	3.61	4.07	-	-
Federal Deposit Insurance	2.43	2.33	1.41	1.37	0.89	0.56
Selling, General & Administrative	28.68	29.83	28.91	28.01	32.04	32
Other Non-Interest Expense	6.8	5.78	5.19	5.69	5.17	5.99
Total Non-Interest Expense	86.68	83.45	76.95	79.16	76.31	72.55
EBT Excluding Unusual Items	37.87	51.76	84.86	97.13	52.23	50.62
Other Unusual Items	-	-	-	-	-	3.4
Pretax Income	37.87	51.76	84.86	97.13	50.03	53.02
Income Tax Expense	10.95	14.09	23.74	26.47	13.04	12.79
Net Income	26.92	37.67	61.12	70.65	36.99	40.24
Net Income to Common	26.92	37.67	61.12	70.65	36.99	40.24
Net Income Growth	-38.25%	-38.37%	-13.50%	91.02%	-8.07%	0.39%
Basic Shares Outstanding	42	44	46	48	49	47
Diluted Shares Outstanding	42	44	46	49	49	47
Shares Change (YoY)	-5.24%	-6.03%	-4.75%	-0.06%	3.44%	0.12%
EPS (Basic)	0.64	0.86	1.32	1.46	0.76	0.86
EPS (Diluted)	0.64	0.86	1.32	1.45	0.76	0.85
EPS Growth	-34.85%	-34.85%	-8.97%	91.00%	-10.69%	0%
Dividend Per Share	0.520	0.520	0.520	0.520	0.440	0.430
Dividend Growth	0%	0%	0%	18.18%	2.33%	7.50%
Effective Tax Rate	28.93%	27.22%	27.98%	27.26%	26.06%	24.12%

Source: S&P Capital IQ. Banks template. Financial Sources.