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Northfield Bancorp, Inc.  (NFBK)
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    Sector  Financial    Industry S&Ls Savings Banks
 
 

EARNINGS REPORT by CSIMarket

Surge in Revenues and Earnings


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Northfield Bancorp, Inc announced forth quarter 2016 operating income of $18.06 millions



Northfield Bancorp, Inc announced strong results in the forth quarter 2016, where Revenues rose by 23.77 % to $29 millions and profits soared by 40.85 % to $0.18 per share, year on year.

Sequentially income per share increased by 13.83 % from $0.16 per share and Revenues increased by 2.11 % from $28 millions.

Net income of $8 millions in the forth quarter 2016 increased by 47.53 % from net earnings of $6 millions reported in the forth quarter 2016 a year ago. Northfield Bancorp, Inc also emphasized it's improving profit margins, where net margin rose to 28.22% in forth quarter 2016, and operating margin edged up to 62.18%.
Looking into financial results for the fiscal year 2016, Northfield Bancorp, Inc reported Revenues of $113 millions and net income of $26 millions.

S&Ls Savings Banks Company explained also, that Earnings per share grew by 26.67 % to $0.57 per share from $0.45 in the previous fiscal year, while Revenues improved by 25.81 % from $90 millions a year ago.

Northfield Bancorp, Inc is expected to report next financial results on February 15, 2018.
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