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Northfield Bancorp NFBK Bank Owned Life Insurance Income

Bank Owned Life Insurance Income at other companies

Bridgewater Bancshares, Inc. logo
Bridgewater Bancshares, Inc.BWB
$447K+17.9%
Equity Bancshares logo
Equity BancsharesEQBK
$1.4M-61.1%
California BanCorp logo
California BanCorpBCAL
$518K+11.9%
PCB Bancorp logo
PCB BancorpPCB
$274K+10.9%
Burke & Herbert Financial Services Corp. logo
Burke & Herbert Financial Services Corp.BHRB
$1.48M+24.0%
First Bancorp logo
First BancorpFBNC
$1.34M+9.1%

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 us-gaap:BankOwnedLifeInsuranceIncome.

The official record: Northfield Bancorp’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Northfield Bancorp's bank owned life insurance income?
Northfield Bancorp (NFBK) reported bank owned life insurance income of $1.89M in Q1 2026.
How has Northfield Bancorp's bank owned life insurance income changed year-over-year?
Northfield Bancorp's bank owned life insurance income increased by 15.4% year-over-year, from $1.64M to $1.89M.
What is the long-term trend for Northfield Bancorp's bank owned life insurance income?
Over 4 years (2021 to 2025), Northfield Bancorp's bank owned life insurance income has grown at a 14.6% compound annual growth rate (CAGR), from $4.1M to $7.07M.
What does bank owned life insurance income mean?
Represents the income or increase in cash surrender value derived from bank-owned life insurance (BOLI) policies. These policies are typically held to offset the costs of employee benefit programs.