Northfield Bancorp(NFBK) - 2024 Q1 - Quarterly Results

EXHIBIT 99.1 PRESS RELEASE DATED APRIL 24, 2024 Company Contact: William R. Jacobs Chief Financial Officer Tel: (732) 499-7200 ext. 2519 FOR IMMEDIATE RELEASE Net interest margin decreased by 60 basis points to 2.03% from 2.63% for the three months ended March 31, 2023. The decrease in net interest margin was primarily due to interest-bearing liabilities repricing at a faster rate than interest-earning assets. The net interest margin was negatively affected by approximately eight basis points for the three ...