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Northfield Bancorp NFBK Reclassification of stranded income tax effects

Reclassification of stranded income tax effects at other companies

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SolarEdge TechnologiesSEDG
-$279.5K+36.5%
RBC Bearings logo
RBC BearingsRBC
$0
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Regional Management CorporationRM
-$3.75K
IBEX Limited logo
IBEX LimitedIBEX
-$71.25K-748%
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Teledyne TechnologiesTDY
-$2.1M+4.5%
OceanFirst Financial logo
OceanFirst FinancialOCFC
$265K

Other financials

Income statement

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Revenue$40.4M+16.0%
Net income$11.8M+50.4%
EPS (diluted)$0.30+57.9%

Balance sheet

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Cash & equivalents$239.6M+136%
Total debt$28.3M-10.4%
Total equity$694.7M-2.3%
Total assets$5.7B+0.4%

Cash flow

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Operating cash flow$19.8M+110%
CapEx$188.0K-27.1%
Free cash flow$19.6M+114%

Valuation

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Market cap$607.66M+26.6%
Enterprise value$396.41M-3.3%
P/E15.2×-6.8×
P/S3.8×+0.2×

Profitability

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Net margin26.4%+5.2pp
FCF margin39.4%+13.2pp

Returns & leverage

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Return on equity5.6%+1.7pp
Debt / equity0.0×

Where this comes from

Reported directly by Northfield Bancorp in its filing.

Tagged under the XBRL concept nfbk:AmountsReclassifiedFromRetainedEarningsToAOCI.

The official record: Northfield Bancorp’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northfield Bancorp's reclassification of stranded income tax effects?
Northfield Bancorp (NFBK) reported reclassification of stranded income tax effects of $0 in Q4 2024.
What does reclassification of stranded income tax effects mean?
The movement of tax effects related to items previously recorded in accumulated other comprehensive income that are reclassified to retained earnings. This adjustment ensures that the tax impact of specific accounting changes or standard adoptions is correctly reflected in the company's equity accounts. It highlights non-operational equity adjustments that impact the company's total book value.