Latest Ratios: P/E Ratio 749.5x · EV/EBITDA 57.9x · ROE 0.1%. (1999–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $620M | $459M | $484M | $549M | $730M | $788M | $602M | $800M | $638M | $801M | $913M |
| Enterprise Value | $1.4B | $1.3B | $1.1B | $1.2B | $1.4B | $1.2B | $1.1B | $1.6B | $969M | $1.2B | $1.3B |
| P/E Ratio → | 749.49 | 577.27 | 16.14 | 14.63 | 11.92 | 11.14 | 16.22 | 19.95 | 15.94 | 32.23 | 35.04 |
| P/S Ratio | 3.36 | 2.49 | 1.92 | 2.49 | 3.89 | 4.22 | 3.35 | 4.45 | 4.11 | 5.54 | 6.76 |
| P/B Ratio | 0.86 | 0.67 | 0.69 | 0.78 | 1.04 | 1.06 | 0.80 | 1.15 | 0.96 | 1.25 | 1.47 |
| P/FCF | 11.79 | 8.74 | 16.15 | 12.66 | 9.04 | 12.48 | 11.53 | 16.83 | 12.79 | 19.27 | 24.83 |
| P/OCF | 11.54 | 8.55 | 15.55 | 11.69 | 8.77 | 12.17 | 10.89 | 15.64 | 12.09 | 18.35 | 24.22 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 6.98 | 4.28 | 5.35 | 7.30 | 6.20 | 6.39 | 8.63 | 6.24 | 8.40 | 9.55 |
| EV / EBITDA | 57.86 | 51.44 | 22.05 | 19.58 | 14.68 | 10.97 | 19.56 | 25.08 | 18.27 | 21.94 | 29.43 |
| EV / EBIT | 84.88 | 75.47 | 26.57 | 22.81 | 16.14 | 11.93 | 22.96 | 29.29 | 19.50 | 23.47 | 32.42 |
| EV / FCF | — | 24.49 | 35.93 | 27.23 | 16.95 | 18.35 | 22.02 | 32.68 | 19.42 | 29.22 | 35.09 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.3% | 35.3% | 49.1% | 61.5% | 86.8% | 94.2% | 71.6% | 70.3% | 75.1% | 82.4% | 83.5% |
| Operating Margin | 9.3% | 9.3% | 16.1% | 23.5% | 45.2% | 52.0% | 27.9% | 29.5% | 32.0% | 35.8% | 29.5% |
| Net Profit Margin | 0.4% | 0.4% | 11.9% | 17.1% | 32.6% | 37.8% | 20.6% | 22.4% | 25.8% | 17.1% | 19.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 0.1% | 0.1% | 4.3% | 5.4% | 8.5% | 9.5% | 5.1% | 5.9% | 6.1% | 3.9% | 4.4% |
| ROA | 0.0% | 0.0% | 0.5% | 0.7% | 1.1% | 1.3% | 0.7% | 0.9% | 1.0% | 0.6% | 0.7% |
| ROIC | 0.8% | 0.8% | 2.0% | 2.6% | 4.9% | 5.6% | 2.5% | 3.0% | 3.4% | 3.5% | 2.7% |
| ROCE | 1.0% | 1.0% | 2.5% | 3.4% | 6.6% | 7.7% | 3.5% | 4.0% | 4.5% | 4.7% | 3.7% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.44 | 1.44 | 1.08 | 1.23 | 0.98 | 0.62 | 0.84 | 1.29 | 0.61 | 0.74 | 0.76 |
| Debt / EBITDA | 39.64 | 39.64 | 15.58 | 14.28 | 7.34 | 4.37 | 10.81 | 14.55 | 7.71 | 8.52 | 10.80 |
| Net Debt / Equity | — | 1.20 | 0.84 | 0.90 | 0.91 | 0.50 | 0.73 | 1.08 | 0.50 | 0.65 | 0.61 |
| Net Debt / EBITDA | 33.08 | 33.08 | 12.14 | 10.48 | 6.85 | 3.51 | 9.32 | 12.16 | 6.24 | 7.47 | 8.60 |
| Debt / FCF | — | 15.75 | 19.78 | 14.57 | 7.91 | 5.87 | 10.49 | 15.85 | 6.63 | 9.95 | 10.26 |
| Interest Coverage | 0.15 | 0.15 | 0.33 | 0.62 | 3.97 | 5.83 | 1.30 | 0.99 | 1.38 | 2.16 | 1.84 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.23 | 0.23 | 0.31 | 0.27 | 0.24 | 0.31 | 0.33 | 0.37 | 0.27 | 0.20 | 0.22 |
| Quick Ratio | 0.23 | 0.23 | 0.31 | 0.27 | 0.24 | 0.31 | 0.33 | 0.37 | 0.27 | 0.20 | 0.22 |
| Cash Ratio | 0.04 | 0.04 | 0.04 | 0.06 | 0.01 | 0.02 | 0.02 | 0.04 | 0.02 | 0.02 | 0.03 |
| Asset Turnover | — | 0.03 | 0.04 | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.5% | 4.6% | 4.5% | 4.2% | 3.3% | 3.1% | 3.6% | 2.5% | 2.9% | 2.0% | 1.5% |
| Payout Ratio | 2657.3% | 2657.3% | 72.9% | 60.5% | 39.5% | 34.4% | 58.1% | 50.2% | 46.6% | 63.2% | 53.9% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 0.1% | 0.2% | 6.2% | 6.8% | 8.4% | 9.0% | 6.2% | 5.0% | 6.3% | 3.1% | 2.9% |
| FCF Yield | 8.5% | 11.4% | 6.2% | 7.9% | 11.1% | 8.0% | 8.7% | 5.9% | 7.8% | 5.2% | 4.0% |
| Buyback Yield | 2.5% | 3.3% | 3.9% | 6.8% | 4.2% | 6.8% | 1.7% | 2.0% | 0.0% | 0.0% | 0.2% |
| Total Shareholder Yield | 6.0% | 7.9% | 8.4% | 10.9% | 7.5% | 9.9% | 5.3% | 4.5% | 2.9% | 2.0% | 1.8% |
| Shares Outstanding | — | $40M | $42M | $44M | $46M | $49M | $49M | $47M | $47M | $47M | $46M |
CRE Concentration and NIM
According to current market data, Northfield Bancorp trades at a P/B of 0.87, suggesting that investors are pricing the franchise at a discount to tangible book value due to persistent concerns regarding the long-term viability of its multifamily loan portfolio in the current interest rate environment.
The valuation multiple appears to reflect a market expectation of continued earnings volatility rather than a premium franchise status. Investors should monitor whether the current P/B discount persists as the bank attempts to navigate the structural margin compression inherent in its NYC-metro focused business model.
Based on reported quarterly figures, Northfield Bancorp's ROE has struggled to exceed 1.7%, a level that indicates significant profitability strain when decomposed through the bank's narrow NIM and the persistent pressure on asset utilization within its specialized multifamily and commercial real estate lending segments.
The low ROE suggests that the bank's core profitability is currently insufficient to generate meaningful internal capital growth. This performance appears to be driven by a combination of elevated funding costs and the inability to reprice long-term assets, which warrants further investigation into the sustainability of current dividend payouts.
As reported in financial statements, the bank's NIM has remained stagnant at approximately 0.6% over the last ten quarters, indicating that the institution is facing severe spread compression that severely limits its ability to achieve positive operating leverage despite various cost control efforts.
The efficiency ratio's volatility, peaking at 91.5% in 2025Q4, suggests that the bank's fixed-cost structure is becoming increasingly burdensome relative to its interest income. This trend may indicate that the bank is struggling to maintain its competitive position in the tri-state area without sacrificing further margin.
According to recent regulatory filings, Northfield Bancorp maintains an equity-to-assets ratio near 0.12, which provides a superficial appearance of stability but may obscure the underlying vulnerability of its capital base to potential impairments within its concentrated multifamily loan and investment securities portfolios.
While the capital ratios appear adequate relative to regulatory minimums, the lack of a significant buffer suggests limited capacity for aggressive capital return or balance sheet expansion. Investors should monitor whether unrealized losses in the securities portfolio continue to exert downward pressure on tangible common equity.
Based on institutional analysis, the P/E ratio is the most commonly misapplied metric for Northfield Bancorp, as it fails to account for the significant volatility in provision expenses and non-cash adjustments that frequently distort the bank's reported earnings and mask its true underlying profitability.
Using P/E to evaluate this bank is misleading because it ignores the structural duration mismatch and the impact of AOCI on tangible equity. Analysts should instead prioritize P/TBV and PPNR trends to better understand the bank's actual capacity to generate value in a high-rate environment.
Includes 30+ ratios · 22 years · Updated daily
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Quick answers to the most common questions about buying NFBK stock.
Northfield Bancorp, Inc.'s current P/E ratio is 749.5x. The historical average is 25.3x. This places it at the 100th percentile of its historical range.
Northfield Bancorp, Inc.'s current EV/EBITDA is 57.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 27.6x.
Northfield Bancorp, Inc.'s return on equity (ROE) is 0.1%. The historical average is 5.2%.
Based on historical data, Northfield Bancorp, Inc. is trading at a P/E of 749.5x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Northfield Bancorp, Inc.'s current dividend yield is 3.55% with a payout ratio of 2657.3%.
Northfield Bancorp, Inc. has 35.3% gross margin and 9.3% operating margin.
Northfield Bancorp, Inc.'s Debt/EBITDA ratio is 39.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.