NB Bancorp, Inc.

NasdaqCM:NBBK Stock Report

Market Cap: US$840.7m

NB Bancorp Balance Sheet Health

Financial Health criteria checks 6/6

NB Bancorp has total assets of $7.2B and total equity of $842.8M. Total deposits are $6.1B, and total loans are $6.1B. It earns a Net Interest Margin of 3.8%. It has sufficient allowance for bad loans, which are currently at 0.7% of total loans. Cash and short-term investments are $395.9M.

Key information

8.6x

Asset to equity ratio

3.8%

Net interest margin

Total deposits

US$6.10b

Loan to deposit ratio

Appropriate

Bad loans

0.7%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

US$395.90m

Recent financial health updates

No updates

Recent updates

Seeking Alpha • Feb 05

NB Bancorp Looks Like A High-Risk, High-Reward Investment Opportunity

Summary NB Bancorp is rated Buy, supported by a forward PE below 10, robust buyback plans, and improving operating metrics post-merger. The Provident Bancorp merger drove significant asset and loan growth, with adjusted Q4 2025 results showing strong earnings momentum for 2026. NBBK faces elevated risk from its concentrated commercial real estate portfolio, notably non-owner-occupied CRE and cannabis facility loans. Insider buying and a new 5% share repurchase program signal management confidence, though asset quality and integration risks remain. Read the full article on Seeking Alpha
Seeking Alpha • May 31

Bank Buzz: NB Bancorp, Buybacks, Catalysts And More

Summary Our strategy is to invest in banks trading below tangible book value with overcapitalized balance sheets, solid asset quality, and shareholder-friendly management teams. This article reviews the mutual conversion space, including notable share repurchase announcements, potential near-term catalysts, and a refreshed investment thesis for NB Bancorp, Inc. NB Bancorp is a well-run bank trading at an inexpensive valuation - insiders are buying. Read the full article on Seeking Alpha
Seeking Alpha • Mar 11

Bank Buzz: NB Bancorp Is Priced Below Liquidation Value And Insiders Are Buying

Summary Our strategy is to invest in banks trading below tangible book value with overcapitalized balance sheets, solid asset quality, and shareholder-friendly management teams. We recap the last four weeks and highlight a few interesting ideas, including BLFY and NBBK. Despite an active share repurchase program and the potential to be acquired in 2H24, BLFY trades at <65% of tangible book value. NBBK is an attractive investment with an inexpensive valuation, strong balance sheet, and moderate organic growth potential, offering a potential total return of ~25% over the next 24 months. Read the full article on Seeking Alpha
Seeking Alpha • Jan 14

Bank Buzz: NB Bancorp Looks Inexpensive With Multiple Catalysts To Deliver Returns

Summary Our strategy is to invest in banks trading below TBV with overcapitalized balance sheets, solid asset quality, and shareholder-friendly management teams. We highlight a few potential ideas, including NBBK, TCBS, and FSEA. NB Bancorp, trading at 77% of tangible book value, is expected to repurchase shares and potentially issue dividends, leading to a total return of 20-30% over the next 24 months. Read the full article on Seeking Alpha

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: NBBK's Assets to Equity ratio (8.6x) is low.

Allowance for Bad Loans: NBBK has a sufficient allowance for bad loans (176%).

Low Risk Liabilities: 96% of NBBK's liabilities are made up of primarily low risk sources of funding.

Loan Level: NBBK has an appropriate level of Loans to Assets ratio (85%).

Low Risk Deposits: NBBK's Loans to Deposits ratio (101%) is appropriate.

Level of Bad Loans: NBBK has an appropriate level of bad loans (0.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 19:55
End of Day Share Price 2026/06/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

NB Bancorp, Inc. is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David KonradKeefe, Bruyette, & Woods
Mark FitzgibbonPiper Sandler Companies
Justin CrowleyPiper Sandler Companies