When a company such as Northfield Bancorp splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the NFBK split history from start to finish, an original position size of 1000 shares would have turned into 1402.9 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Northfield Bancorp shares, starting with a $10,000 purchase of NFBK, presented on a split-history-adjusted basis factoring in the complete NFBK split history.

About Northfield Bancorp

Northfield Bancorp is a savings and loan holding company. Through its subsidiary, Northfield Bank (the Bank), Co.'s business includes originating commercial real estate loans (primarily loans secured by multifamily properties), construction and land loans, commercial and industrial loans, and home equity loans and lines of credit, purchases loan participations and pools of loans, and purchases investment securities, including mortgage-backed securities and corporate bonds, and to a lesser extent deposit funds in other financial institutions. The Bank provides a range of deposit accounts, including certificates of deposit, passbook, statement, and money market savings accounts, among other. According to our NFBK split history records, Northfield Bancorp has had 1 split.

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