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Northfield Bancorp (Northfield Bancorp) Book Value per Share : $15.71 (As of Mar. 2024)


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What is Northfield Bancorp Book Value per Share?

Northfield Bancorp's book value per share for the quarter that ended in Mar. 2024 was $15.71.

During the past 12 months, Northfield Bancorp's average Book Value Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Northfield Bancorp was 650.90% per year. The lowest was 1.20% per year. And the median was 3.80% per year.

Northfield Bancorp's current price is $8.17. Its book value per share for the quarter that ended in Mar. 2024 was $15.71. Hence, today's PB Ratio of Northfield Bancorp is 0.52.

During the past 13 years, the highest P/B Ratio of Northfield Bancorp was 1.60. The lowest was 0.52. And the median was 1.11.

Good Sign:

Northfield Bancorp Inc stock PB Ratio (=0.54) is close to 10-year low of 0.53


Northfield Bancorp Book Value per Share Historical Data

The historical data trend for Northfield Bancorp's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Northfield Bancorp Book Value per Share Chart

Northfield Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.15 14.44 15.02 14.78 15.71

Northfield Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.01 15.18 15.22 15.71 15.71

Competitive Comparison of Northfield Bancorp's Book Value per Share

For the Banks - Regional subindustry, Northfield Bancorp's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northfield Bancorp's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Northfield Bancorp's PB Ratio distribution charts can be found below:

* The bar in red indicates where Northfield Bancorp's PB Ratio falls into.



Northfield Bancorp Book Value per Share Calculation

Northfield Bancorp's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(699.4-0.0)/44.5
=15.71

Northfield Bancorp's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(698.4-0.0)/44.5
=15.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Northfield Bancorp  (NAS:NFBK) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Northfield Bancorp Book Value per Share Related Terms

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Northfield Bancorp (Northfield Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
581 Main Street, Suite 810, Woodbridge, NJ, USA, 07095
Northfield Bancorp Inc is the holding company for Northfield Bank. Its subsidiary provides banking services to individuals and corporate customers in Richmond and Kings Counties in New York, and Hunterdon, Mercer, Union and Middlesex counties in New Jersey. The bank attracts deposits and offers credit and other banking services.
Executives
Patrick Louis Ryan director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Vickie Tomasello officer: EVP/Chief Risk Officer 581 MAIN STREET, WOODBRIDGE NJ 07095
Steven M Klein officer: COO and CFO 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
David Fasanella officer: EVP 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
William R. Jacobs officer: SVP and PAO 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Robin Lefkowitz officer: EVP 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Frank P. Patafio director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Gil Chapman director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Connors John P Jr director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Gualberto Medina director 581 MAIN STREET, WOODBRIDGE NJ 07095
Tara L French officer: EVP/Chief Admin. Officer 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Paul Stahlin director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
Michael J Widmer officer: EVP 1410 ST. GEORGES AVENUE, AVENEL NJ 07001
Annette Catino director 581 MAIN STREET, SUITE 810, WOODBRIDGE NJ 07095
John Wade Alexander director, officer: President and CEO 1410 ST. GEORGES AVENUE, AVENEL NJ 07001