Northfield Bancorp, Inc. (Staten Island, NY) announces an Equity Buyback for $10 million worth of its shares.
June 02, 2023 at 06:25 am EDT
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Northfield Bancorp, Inc. (Staten Island, NY) (NasdaqGS:NFBK) announces a share repurchase program. Under the program, the company will repurchase up to $10 million of its shares. The repurchased shares will be held in treasury stock and will be available for general corporate purposes.
Northfield Bancorp, Inc. is the holding company for Northfield Bank (the Bank). The Bank is a federally chartered savings bank. The Bank conducts business from its operations center located in Woodbridge, New Jersey, its home main office located at a branch in Staten Island, New York, and its 38 additional branch offices located in New York and New Jersey. The Bank's principal business consists of originating multifamily and commercial real estate loans, construction and land loans, commercial and industrial loans, and home equity loans and lines of credit. It offers a variety of deposit accounts, including certificates of deposit, passbook, statements, and money market savings accounts, transaction deposit accounts, which are Northfield Bankâs primary source of funds for its lending and investing activities. Its principal lending activity is the origination of multifamily real estate loans and other commercial real estate loans in New York, New Jersey, and eastern Pennsylvania.
NORTHFIELD BANCORP, INC. (STATEN ISLAND, NY) 
