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- Northfield Bancorp
Northfield Bancorp Acquisition, Valuation & Financials
Northfield Bancorp was acquired by Columbia Financial for $597M in February 2026, a 3.9x multiple on $154M of revenue.
Northfield Bancorp revenue at acquisition
$154M
Last twelve months · Feb 2026
Northfield Bancorp revenue multiple at acquisition
3.9x
EV/Revenue · Feb 2026
Northfield Bancorp market cap before the deal
$639M
NAS: NFBK · Jul 2026
Northfield Bancorp Overview
About Northfield Bancorp
Northfield Bancorp Inc is the holding company for Northfield Bank. Its subsidiary provides banking services to individuals and corporate customers in Richmond and Kings Counties in New York, and Hunterdon, Mercer, Union and Middlesex counties in New Jersey. The bank attracts deposits and offers credit and other banking services.
Founded
2010
HQ
Website
Status
Acquired
Customer focus
B2B & B2C
Revenue model
Services
Revenue
$154M (Feb 2026)
Valuation
$597M (acquired Feb 2026)
Sectors
Northfield Bancorp Acquisition
Northfield Bancorp was acquired by Columbia Financial for $597M on 2 February 2026.
The acquisition price implies a 3.9x revenue multiple on $154M of revenue.
| Acquirer | Date | Type | Price | EV/Revenue |
|---|---|---|---|---|
| 2 Feb 2026 | Strategic M&A | $597M | 3.9x |
Northfield Bancorp as a Public Company
Northfield Bancorp traded as NAS: NFBK before it was taken private. Its acquisition was announced in February 2026. July 2026 is its last month on record as a listed company, with a market cap of $639M and an enterprise value of $639M.
Last-twelve-month revenue was $161M, and the shares traded at 4.0x EV/Revenue.
Over the 4 years before that, its market cap fell from $720M in July 2022 to $639M, while revenue fell from $165M to $161M.
Northfield Bancorp market cap while listed
Northfield Bancorp EV/Revenue (LTM) while listed
| As of | Market cap | Revenue (LTM) | EV/Revenue |
|---|---|---|---|
| Jul 2026 | $639M | $161M | 4.0x |
| Jul 2025 | $445M | $144M | 3.1x |
| Jul 2024 | $540M | $131M | 4.1x |
| Jul 2023 | $548M | $150M | 3.7x |
| Jul 2022 | $720M | $165M | 4.4x |
Market cap, enterprise value and last-twelve-month figures are month-end values, up to the last month Northfield Bancorp traded.
Northfield Bancorp Competitors
Northfield Bancorp competitors include listed companies like Banco Internacional, MyState, Crédit Agricole Toulouse 31 and Basler Kantonalbank, and private ones like United Bank and IKF Finance.
| Company | HQ | Status | Revenue | Valuation | Revenue Multiple |
|---|---|---|---|---|---|
| Publicly listed | $237M | $597M | - | ||
| Publicly listed | $132M | $594M | 3.2x | ||
| Publicly listed | $321M | $593M | - | ||
| Publicly listed | $813M | $601M | - | ||
| Private | - | $759M | - | ||
| Private | $71M | $457M | 6.4x |
Northfield Bancorp Public Comps
Northfield Bancorp is no longer listed, but its public comps include Banco Internacional, MyState, Crédit Agricole Toulouse 31, Basler Kantonalbank, ProCredit Holding, Kearny Financial, SpareBank 1 Østfold Akershus, Greene County Bancorp, Sparebanken Møre and Banestes Banco Estado.
| Last FY | EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|---|
| Revenue | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $237M | 2.5x | - | - | - | |||
| $132M | 4.5x | 3.2x | - | - | |||
| $321M | 1.8x | - | - | - | |||
| $813M | 0.7x | - | - | - | |||
| $527M | 1.1x | 1.1x | - | - | |||
| $178M | 3.3x | 3.3x | - | - | |||
| $131M | 4.5x | 4.2x | - | - | |||
| $93M | 6.3x | - | - | - | |||
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Common questions about Northfield Bancorp
| When was Northfield Bancorp founded? | Northfield Bancorp was founded in 2010. |
| Where is Northfield Bancorp headquartered? | Northfield Bancorp is headquartered in United States. |
| Is Northfield Bancorp publicly listed? | No, Northfield Bancorp was acquired by Columbia Financial in February 2026. |
| Who acquired Northfield Bancorp? | Northfield Bancorp was acquired by Columbia Financial in February 2026. |
| How much was Northfield Bancorp acquired for? | Northfield Bancorp was acquired for $597M in February 2026, a 3.9x revenue multiple. |
| Which companies are comparable to Northfield Bancorp? | Companies comparable to Northfield Bancorp include Banco Internacional, MyState, Crédit Agricole Toulouse 31, Basler Kantonalbank, United Bank and IKF Finance. |
| What was Northfield Bancorp's market cap before the acquisition? | Northfield Bancorp had a market cap of $639M in July 2026, its last month on record as a listed company, trading at 4.0x EV/Revenue. |
| What was Northfield Bancorp's revenue as a public company? | Northfield Bancorp's last reported twelve-month revenue was $161M (July 2026). |
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