NasdaqCM:NBBKBanks
NB Bancorp (NBBK) Margin Expansion Surpasses Community Narratives With 30.7% Profit Ratio
NB Bancorp (NBBK) just posted a net profit margin of 30.7%, a significant increase from last year’s 8.9%. Earnings rose 350.6% year-over-year, well above its five-year average annual growth of 22.3%. The stock is trading at a Price-to-Earnings ratio of 11.2x, which is lower than both the peer group’s 11.9x and the US Banks industry average of 11.3x. The latest results suggest meaningful profit and margin expansion, with no major risks currently apparent and a valuation profile that may...