Equity Research Analysis: Northfield Bancorp, Inc. (NFBK)
|Blank Capital Research Unit|Spot: $13.39
Price$13.39
Composite Score47.6/100
RatingREDUCE (2★)
Rank#2383 OF 7,333
Market Cap$487M
Intelligence Feed
simplywall.stFeb 7 Positive
Columbia Financial Weighs Northfield Merger, Public Shift And Rich Valuation
Columbia Financial (NasdaqGS:CLBK) has agreed to acquire Northfield Bancorp, a deal that would create the third-largest regional bank headquartered in New Jersey and extend its reach across the New York metropolitan area. The company has secured approval to convert to a fully public stock holding company, shifting its ownership structure beyond its current mutual holding company framework. Columbia Financial also announced key leadership moves, including a new Chief Financial Officer and...
yahooFeb 3 Negative
Fair Lawn and Woodbridge-based banks to merge. Will your branch close?
The merger would allow Fair Lawn-based Columbia to be the third largest regional bank headquartered in New Jersey.
BenzingaFeb 2 Negative
$HAREHOLDER ALERT: The M&A Class Action Firm Announces An Investigation of Northfield Bancorp, Inc. (NASDAQ: NFBK)
Monteverde & Associates PC, a securities class action firm, has announced an investigation into Northfield Bancorp, Inc. (NASDAQ: NFBK) regarding its merger with Columbia Financial, Inc. The firm is questioning whether the deal represents a fair transaction for shareholders and is seeking shareholders with concerns to contact them for additional information.
BenzingaFeb 2 Positive
Columbia Financial, Inc. and Northfield Bancorp, Inc. Announce Plans to Merge
Columbia Financial (NASDAQ:CLBK) has agreed to acquire Northfield Bancorp (NASDAQ:NFBK) in a transaction valued at approximately $597 million. The merger will create the third largest regional bank headquartered in New Jersey with pro forma total assets of $18 billion. Columbia will simultaneously complete a second-step conversion, raising capital at $10.00 per share. The merger is expected to be 50% accretive to Columbia's 2027 earnings per share and is anticipated to close in early Q3 2026.
yahooFeb 4 Negative
NJ banks to merge in $597M deal
Columbia Bank and Northfield Bank will combine to create a bank with $18 billion in assets, bringing Columbia’s footprint into New York state for the first time.