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home / news releases / NFBK - Northfield Bancorp: Over 5% Dividend Yield Attractive Valuation (Rating Upgrade)

NFBK - Northfield Bancorp: Over 5% Dividend Yield Attractive Valuation (Rating Upgrade)

Northfield Bancorp Inc.

2024-03-13 00:51:47 ET

Summary

  • Interest rate cuts will trigger loan growth and help the margin to expand this year.
  • Northfield Bancorp's earnings will likely remain flat as operating expense growth will counter loan and margin growth.
  • The December 2024 target price suggests a price upside of over 22%.
  • NFBK is currently offering a dividend yield of 5.2%. The dividend payout appears secure.

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For further details see:

Northfield Bancorp: Over 5% Dividend Yield, Attractive Valuation (Rating Upgrade)
Stock Information
Company Name: Northfield Bancorp Inc.
Stock Symbol: NFBK
Market: NASDAQ
Website: eNorthfield.com
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