NFBK Files 8-K on Operations, Officer Changes, and Other Events
Ticker: NFBK · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1493225
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, financial-condition, officer-changes
TL;DR
**NFBK just filed an 8-K hinting at financial results and executive changes.**
AI Summary
Northfield Bancorp, Inc. (NFBK) filed an 8-K on January 25, 2024, reporting on events that occurred on January 24, 2024. This filing indicates that the company is providing updates on its 'Results of Operations and Financial Condition,' 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers,' and 'Other Events.' While specific details are not provided in this excerpt, the filing signals that investors should anticipate further information regarding the company's financial performance and potential changes in its executive leadership or compensation structures, which could impact future stock performance.
Why It Matters
This filing signals upcoming disclosures about Northfield Bancorp's financial health and potential leadership changes, both of which are critical factors for investors assessing the company's future prospects and stability.
Risk Assessment
Risk Level: medium — The filing indicates significant upcoming disclosures regarding financial results and potential officer changes, which could introduce volatility depending on the nature of those details.
Analyst Insight
A smart investor would monitor Northfield Bancorp, Inc.'s subsequent filings and press releases closely for the specific details on financial performance and any executive changes, as these will provide the substance behind this preliminary 8-K.
Key Numbers
- $0.01 — par value per share (par value of Northfield Bancorp, Inc. common stock)
Key Players & Entities
- Northfield Bancorp, Inc. (company) — the registrant filing the 8-K
- January 24, 2024 (date) — date of the earliest event reported
- January 25, 2024 (date) — date the 8-K was filed
- 001-35791 (other) — Commission File No. for Northfield Bancorp, Inc.
- $0.01 (dollar_amount) — par value per share of common stock
Forward-Looking Statements
- Northfield Bancorp, Inc. will release detailed financial results for a recent period soon. (Northfield Bancorp, Inc.) — high confidence, target: Q1 2024
- There will be an announcement regarding changes in the company's executive leadership or board of directors. (Northfield Bancorp, Inc.) — medium confidence, target: Q1 2024
FAQ
What specific items are Northfield Bancorp, Inc. reporting on in this 8-K filing?
Northfield Bancorp, Inc. is reporting on 'Results of Operations and Financial Condition,' 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers,' and 'Other Events' as per the ITEM INFORMATION section of the filing.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 24, 2024, as stated in the 'Date of Report (Date of earliest event reported): January 24, 2024' section.
What is the trading symbol and exchange for Northfield Bancorp, Inc.'s common stock?
Northfield Bancorp, Inc.'s common stock trades under the symbol NFBK on The NASDAQ Stock Market LLC, as indicated in the 'Securities registered pursuant to Section 12(b) of the Act' table.
What is the state of incorporation for Northfield Bancorp, Inc.?
Northfield Bancorp, Inc. is incorporated in Delaware, as specified in the filing under 'State or other jurisdiction of incorporation'.
What is the business address and phone number of Northfield Bancorp, Inc.?
The business address is 581 Main Street, Woodbridge, New Jersey 07095, and the telephone number is (732) 499-7200, according to the 'BUSINESS ADDRESS' and 'Registrant’s telephone number' sections.
Filing Stats: 696 words · 3 min read · ~2 pages · Grade level 9.5 · Accepted 2024-01-25 16:02:43
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 per share NFBK The NASDAQ Stock Market
- $0.13 — 23, also announced the declaration of a $0.13 per common share cash dividend payable
Filing Documents
- nfbk-20240124.htm (8-K) — 33KB
- nfbkq42023exhibit991.htm (EX-99.1) — 591KB
- 0001493225-24-000004.txt ( ) — 788KB
- nfbk-20240124.xsd (EX-101.SCH) — 2KB
- nfbk-20240124_lab.xml (EX-101.LAB) — 23KB
- nfbk-20240124_pre.xml (EX-101.PRE) — 12KB
- nfbk-20240124_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On January 24, 2024 , Northfield Bancorp, Inc. (the "Company") issued a press release announcing its earnings for the quarter and year ended December 31, 2023. A copy of the press release is attached as Exhibit 99.1 to this report. The press release attached as an exhibit to this Current Report pursuant to this Item 2.02 is being furnished to, and not filed with, the Securities and Exchange Commission. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 24, 2024, the Boards of Directors (the "Boards") of Northfield Bancorp, Inc. and Northfield Bank increased the number of directors serving on the Boards from ten to eleven and appointed Rachana Kulkarni to serve on the Boards, effective February 1, 2024, to the class of directors whose term expires at the 2024 Annual Meeting of Stockholders. At this time, the Boards expect Dr. Kulkarni will serve on the Risk Committee. There are no arrangements or understandings between Dr. Kulkarni and any other person pursuant to which she became a director. Dr. Kulkarni is not a party to any transaction with the Company or Northfield Bank that would require disclosure under Item 404(a) of Securities and Exchange Commission Regulation S-K. Dr. Kulkarni will receive the standard compensatory arrangements that the Company currently provides its non-employee directors, as described in the Company's proxy statement for its 2023 Annual Meeting of Stockholders, as filed with the Securities and Exchange Commission on April 14, 2023.
01. Other Events
Item 8.01. Other Events. The press release announcing the earnings for the quarter and year ended December 31, 2023, also announced the declaration of a $0.13 per common share cash dividend payable on February 21, 2024 to stockholders of record as of February 7, 2024.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (a) Not Applicable. (b) Not Applicable. (c) Not Applicable. (d) Exhibits Exhibit Number Description 99.1 Press release dated January 24, 2024 104 Cover Page Interactive Data File (embedded within Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NORTHFIELD BANCORP, INC. DATE: January 25, 2024 By: /s/ William R. Jacobs William R. Jacobs Chief Financial Officer (Principal Financial and Accounting Officer)