NB Bancorp, Inc.

NasdaqCM:NBBK Stock Report

Market Cap: US$865.3m

NB Bancorp Management

Management criteria checks 2/4

NB Bancorp's CEO is Joe Campanelli, appointed in Jan 2017, has a tenure of 9.5 years. total yearly compensation is $8.10M, comprised of 12.6% salary and 87.4% bonuses, including company stock and options. directly owns 1.16% of the company’s shares, worth $10.05M. The average tenure of the management team and the board of directors is 4.2 years and 5 years respectively.

Key information

Joe Campanelli

Chief executive officer

US$8.1m

Total compensation

CEO salary percentage12.63%
CEO tenure9.5yrs
CEO ownership1.2%
Management average tenure4.2yrs
Board average tenure5yrs

Recent management 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

CEO Compensation Analysis

How has Joe Campanelli's remuneration changed compared to NB Bancorp's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2026n/an/a

US$53m

Dec 31 2025US$8mUS$1m

US$50m

Sep 30 2025n/an/a

US$58m

Jun 30 2025n/an/a

US$51m

Mar 31 2025n/an/a

US$46m

Dec 31 2024US$3mUS$988k

US$42m

Sep 30 2024n/an/a

US$13m

Jun 30 2024n/an/a

US$13m

Mar 31 2024n/an/a

US$10m

Dec 31 2023US$7mUS$950k

US$10m

Sep 30 2023n/an/a

US$35m

Jun 30 2023n/an/a

US$34m

Mar 31 2023n/an/a

US$33m

Dec 31 2022US$4mUS$850k

US$30m

Compensation vs Market: Joe's total compensation ($USD8.10M) is above average for companies of similar size in the US market ($USD3.53M).

Compensation vs Earnings: Joe's compensation has increased by more than 20% in the past year.

CEO

Joe Campanelli (70 yo)

9.5yrs
Tenure
US$8,098,855
Compensation

Mr. Joseph P. Campanelli, also known as Joe, serves as the President and Chief Executive Officer at NB Bancorp, Inc. and NB Financial MHC since January 2017 and has been its Chairman of the Board sine 2022...

Leadership Team

NamePositionTenureCompensationOwnership
Joseph Campanelli
President9.5yrsUS$8.10m1.16%
$ 10.0m
Jean-Pierre Lapointe
Senior Executive VP & CFO2.4yrsUS$2.46m0.28%
$ 2.4m
Christine Roberts
Senior Executive VP & COO1.5yrsUS$2.21m0.17%
$ 1.5m
Keith Phelps
Senior VP & Chief Information Officerno datano datano data
James White
Executive VP & Chief Administrative Officerno datano data0.15%
$ 1.3m
Margaret Watson
Senior VP & General Counsel6yrsUS$793.07kno data
Colleen Lynch
Senior VP & Chief Compliance Officer1.5yrsno datano data
Kathleen Barrett
Senior Vice President of Marketingless than a yearno datano data
Linda Farley
Senior VP of Human Resourcesno datano datano data
Stephanie Maiona
Executive VP and Director of Commercial Real Estate Lending15.5yrsno data0.12%
$ 1.1m
Kevin Henkin
Executive VP & Chief Credit Officer8.3yrsno data0.041%
$ 358.2k
James Daley
Executive VP of Commercial & Industrial Lendingno datano data0.039%
$ 339.2k
4.2yrs
Average Tenure
57yo
Average Age

Experienced Management: NBBK's management team is considered experienced (4.2 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Joseph Campanelli
President9.5yrsUS$8.10m1.16%
$ 10.0m
Joseph Nolan
Independent Director3.5yrsUS$1.34m0.21%
$ 1.8m
Hope Pascucci
Independent Director3.5yrsUS$1.34m0.54%
$ 4.6m
Francis Orfanello
Lead Independent Director19.5yrsUS$1.36m0.34%
$ 3.0m
Mark Whalen
Independent Director19.5yrsUS$1.35m0.26%
$ 2.2m
William Darcey
Independent Director17.5yrsUS$1.35m0.39%
$ 3.4m
Paul Ayoub
Independent Director3.5yrsUS$1.34m0.23%
$ 2.0m
Kenneth Montgomery
Independent Director1.8yrsUS$1.34m0.21%
$ 1.8m
Christopher Lynch
Independent Director16.5yrsUS$1.35m0.38%
$ 3.3m
Susan Elliott
Independent Director6.5yrsUS$1.35m0.25%
$ 2.2m
Raza Shaikh
Independent Director3.5yrsUS$1.34m0.20%
$ 1.7m
Angela Jackson
Independent Director3.5yrsUS$1.34m0.20%
$ 1.7m
5.0yrs
Average Tenure
67yo
Average Age

Experienced Board: NBBK's board of directors are considered experienced (5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/08 21:39
End of Day Share Price 2026/07/08 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