Northfield Bancorp, Inc. SEC 10-Q Report
Northfield Bancorp, Inc. has released its Form 10-Q report for Q3 2025, detailing financial performance with total interest income of $185.463 million and net income of $28.198 million. The report indicates growth in net interest income due to lower interest expenses and highlights a cautious future outlook. The company reported earnings per share of $0.70, reflecting stable profitability. Management warns that current results may not predict future performance. The SEC filing was made on November 7, 2025.
Northfield Bancorp, Inc., a prominent player in the banking and financial services industry, has released its Form 10-Q report for the third quarter of 2025. The report highlights the company's financial performance and operational activities, providing insights into its revenue streams, profitability, and future outlook.
Financial Highlights
- Total Interest Income: $185.463 million, reflecting an increase driven by higher income from mortgage-backed securities.
- Net Interest Income: $100.699 million, showing growth due to a decrease in interest expense.
- Net Income: $28.198 million, an improvement attributed to increased non-interest income and reduced provision for credit losses.
- Net Income Per Common Share - Basic: $0.70, indicating a rise in profitability per share.
- Net Income Per Common Share - Diluted: $0.70, consistent with basic earnings per share, reflecting stable share dilution.
Business Highlights
- Revenue Segments: The company reported interest income from various sources, including loans, mortgage-backed securities, and other securities. The interest income from loans was the largest contributor, followed by mortgage-backed securities.
- Future Outlook: Management indicated that the results for the three and nine months ended September 30, 2025, are not necessarily indicative of the results that may be expected for the year ending December 31, 2025, or for any other period. This suggests a cautious approach to future performance expectations.
SEC Filing: Northfield Bancorp, Inc. [ NFBK ] - 10-Q - Nov. 07, 2025
