Northfield Bancorp traded at $14.79 this Thursday July 2nd, decreasing $0.12 or 0.80 percent since the previous trading session. Looking back, over the last four weeks, Northfield Bancorp lost 5.19 percent. Over the last 12 months, its price rose by 21.03 percent. Looking ahead, we forecast Northfield Bancorp to be priced at 14.68 by the end of this quarter and at 13.78 in one year, according to Trading Economics global macro models projections and analysts expectations.
Northfield Bancorp, Inc. is the holding company. The Company operates through its subsidiaries, including Northfield Investments, Inc. and Northfield Bank (the Bank). The Bank is a federally chartered savings bank. The Bank conducts business from its operations center located in Woodbridge, New Jersey, its home office located in Staten Island, New York, and its 37 additional branch offices located in New York and New Jersey. The Bank’s principal business consists of originating multifamily and other commercial real estate loans; purchasing investment securities, including mortgage-backed securities and corporate bonds; and to a lesser extent, depositing funds in other financial institutions. It also offers construction and land loans, commercial and industrial loans, home equity loans, lines of credit, and from time-to-time purchases loan participations and pools of loans. It offers a variety of deposit accounts, including certificates of deposit, passbook, statement and other.