Northfield Return On Assets from 2010 to 2024

NFBK Stock  USD 13.78  0.48  3.61%   
Northfield Bancorp Return On Assets yearly trend continues to be quite stable with very little volatility. The value of Return On Assets are projected to decrease to 0.01. Return On Assets is a profitability ratio that indicates the percentage of profit Northfield Bancorp earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.00672853
Current Value
0.006242
Quarterly Volatility
0.00200088
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northfield Bancorp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northfield Bancorp's main balance sheet or income statement drivers, such as Interest Expense of 88.3 M, Selling General Administrative of 3.2 M or Selling And Marketing Expenses of 2.3 M, as well as many indicators such as Price To Sales Ratio of 3.85, Dividend Yield of 0.0437 or PTB Ratio of 0.74. Northfield financial statements analysis is a perfect complement when working with Northfield Bancorp Valuation or Volatility modules.
  
Check out the analysis of Northfield Bancorp Correlation against competitors.
For more information on how to buy Northfield Stock please use our How to buy in Northfield Stock guide.

Latest Northfield Bancorp's Return On Assets Growth Pattern

Below is the plot of the Return On Assets of Northfield Bancorp over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. Northfield Bancorp's Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northfield Bancorp's overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

Northfield Return On Assets Regression Statistics

Arithmetic Mean0.01
Geometric Mean0.01
Coefficient Of Variation26.47
Mean Deviation0
Median0.01
Standard Deviation0
Sample Variance0.000004
Range0.0073
R-Value0.38
Mean Square Error0.00000368
R-Squared0.15
Significance0.16
Slope0.0002
Total Sum of Squares0.000056

Northfield Return On Assets History

2024 0.006242
2023 0.006729
2022 0.0109
2021 0.013
2020 0.006707
2019 0.007959
2018 0.009091

About Northfield Bancorp Financial Statements

Northfield Bancorp investors utilize fundamental indicators, such as Return On Assets, to predict how Northfield Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Return On Assets 0.01  0.01 

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
When determining whether Northfield Bancorp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Northfield Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Northfield Bancorp Stock. Highlighted below are key reports to facilitate an investment decision about Northfield Bancorp Stock:
Check out the analysis of Northfield Bancorp Correlation against competitors.
For more information on how to buy Northfield Stock please use our How to buy in Northfield Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northfield Bancorp. If investors know Northfield will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northfield Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.16)
Dividend Share
0.52
Earnings Share
0.64
Revenue Per Share
2.964
Quarterly Revenue Growth
(0.07)
The market value of Northfield Bancorp is measured differently than its book value, which is the value of Northfield that is recorded on the company's balance sheet. Investors also form their own opinion of Northfield Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northfield Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northfield Bancorp's market value can be influenced by many factors that don't directly affect Northfield Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northfield Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northfield Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northfield Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.