Northfield Bancorp (NFBK) Non Operating Interest Expenses (2011 - 2024)
Northfield Bancorp (NFBK) posted Non Operating Interest Expenses of $30.8 million for Q1 2024, up 20.44% on a QoQ basis from $25.5 million in Q4 2023, and up 104.67% year-over-year from $15.0 million in Q2 2023.
Analysis
Northfield Bancorp (NFBK) Non Operating Interest Expenses (2011 - 2024) Analysis & Trends
Northfield Bancorp has reported Non Operating Interest Expenses for 14 years, with the latest figure at $30.8 million in Q1 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 104.67% year-over-year to $30.8 million in Q1 2024; TTM through Mar 2024 was $99.9 million, a 201.8% increase from a year earlier, with the FY2023 full-year figure at $84.1 million, up 293.45% from the prior year.
- Non Operating Interest Expenses was $30.8 million for Q1 2024 at Northfield Bancorp, up from $25.5 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $30.8 million in Q1 2024, with the low at $3.3 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $11.3 million, with a median of $8.8 million recorded in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses sank 61.79% in 2021, then soared 508.4% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $6.0 million in 2020, then plunged by 42.08% to $3.5 million in 2021, then jumped by 170.66% to $9.4 million in 2022, then jumped by 171.2% to $25.5 million in 2023, then climbed by 20.44% to $30.8 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $30.8 million (Q1 2024), $25.5 million (Q4 2023), and $23.0 million (Q3 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | TFS Financial | 4.75 Bn | 4.25 Bn | - | 34.97 Mn |
| 2 | Columbia Financial | 1.16 Bn | 878.95 Mn | - | 648,000.00 |
| 3 | Capitol Federal Financial | 1.09 Bn | 952.08 Mn | - | 1.37 Mn |
| 4 | Trustco Bank Corp N Y | 993.16 Mn | 286.49 Mn | - | 586,000.00 |
| 5 | Northfield Bancorp | 639.40 Mn | 385.97 Mn | - | - |
| 6 | Kearny Financial | 613.89 Mn | 499.06 Mn | - | - |
| 7 | Greene County Bancorp | 595.51 Mn | 212.65 Mn | - | 111,000.00 |
| 8 | NorthEast Community Bancorp | 368.71 Mn | 267.97 Mn | - | 43,000.00 |
| 9 | Western New England Bancorp | 268.83 Mn | 230.50 Mn | - | 457,000.00 |
| 10 | FB Bancorp | 258.41 Mn | 213.20 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 30.76 Mn |
| Dec 31, 2023 | 25.54 Mn |
| Sep 30, 2023 | 23.04 Mn |
| Jun 30, 2023 | 20.51 Mn |
| Mar 31, 2023 | 15.03 Mn |
| Dec 31, 2022 | 9.42 Mn |
| Sep 30, 2022 | 5.27 Mn |
| Jun 30, 2022 | 3.37 Mn |
| Mar 31, 2022 | 3.33 Mn |
| Dec 31, 2021 | 3.48 Mn |
| Sep 30, 2021 | 3.73 Mn |
| Jun 30, 2021 | 4.55 Mn |
| Mar 31, 2021 | 4.89 Mn |
| Dec 31, 2020 | 6.01 Mn |
| Sep 30, 2020 | 8.85 Mn |
| Jun 30, 2020 | 10.68 Mn |
| Mar 31, 2020 | 12.80 Mn |
| Dec 31, 2019 | 14.16 Mn |
| Sep 30, 2019 | 14.03 Mn |
| Jun 30, 2019 | 13.03 Mn |