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 acquisition price

$597M

Acquired by Columbia Financial · Feb 2026

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

United StatesUnited States

Status

Acquired

Customer focus

B2B & B2C

Revenue model

Services

Revenue

$154M (Feb 2026)

Valuation

$597M (acquired Feb 2026)

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.

Northfield Bancorp acquisition details
AcquirerDateTypePriceEV/Revenue
2 Feb 2026Strategic M&A$597M3.9x

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

Northfield Bancorp financials and trading multiples by year while listed
As ofMarket capRevenue (LTM)EV/Revenue
Jul 2026$639M$161M4.0x
Jul 2025$445M$144M3.1x
Jul 2024$540M$131M4.1x
Jul 2023$548M$150M3.7x
Jul 2022$720M$165M4.4x

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.

Public and private companies comparable to Northfield Bancorp
CompanyHQStatusRevenueValuationRevenue Multiple
Banco InternacionalChileChilePublicly listed$237M$597M-
MyStateAustraliaAustraliaPublicly listed$132M$594M3.2x
Crédit Agricole Toulouse 31FranceFrancePublicly listed$321M$593M-
Basler KantonalbankSwitzerlandSwitzerlandPublicly listed$813M$601M-
United BankIndiaKolkataPrivate-$759M-
IKF FinanceIndiaHyderabadPrivate$71M$457M6.4x
Last FYEV/RevenueEV/EBITDA
RevenueLast FYLTM2027ELast FYLTM2027E
Banco Internacional$237M2.5x---
MyState$132M4.5x3.2x--
Crédit Agricole Toulouse 31$321M1.8x---
Basler Kantonalbank$813M0.7x---
ProCredit Holding$527M1.1x1.1x--
Kearny Financial$178M3.3x3.3x--
SpareBank 1 Østfold Akershus$131M4.5x4.2x--
Greene County Bancorp$93M6.3x---

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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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