NB Bancorp Management
Management criteria checks 2/4
NB Bancorp's CEO is Joe Campanelli, appointed in Jan 2017, has a tenure of 7.92 years. total yearly compensation is $7.27M, comprised of 13.1% salary and 86.9% bonuses, including company stock and options. directly owns 0.31% of the company’s shares, worth $2.50M. The average tenure of the management team and the board of directors is 6.7 years and 3.4 years respectively.
Key information
Joe Campanelli
Chief executive officer
US$7.3m
Total compensation
| CEO salary percentage | 13.1% |
| CEO tenure | 7.9yrs |
| CEO ownership | 0.3% |
| Management average tenure | 6.7yrs |
| Board average tenure | 3.4yrs |
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$13m |
| Jun 30 2024 | n/a | n/a | US$13m |
| Mar 31 2024 | n/a | n/a | US$10m |
| Dec 31 2023 | US$7m | US$950k | US$10m |
| Sep 30 2023 | n/a | n/a | US$35m |
| Jun 30 2023 | n/a | n/a | US$34m |
| Mar 31 2023 | n/a | n/a | US$33m |
| Dec 31 2022 | US$4m | US$850k | US$30m |
Compensation vs Market: Joe's total compensation ($USD7.27M) is above average for companies of similar size in the US market ($USD3.24M).
Compensation vs Earnings: Joe's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
CEO
Joe Campanelli (68 yo)
7.9yrs
Tenure
US$7,267,749
Compensation
Mr. Joseph P. Campanelli, also known as Joe, serves as a President, Chief Executive Officer since January 2017 and Chairman of the Board at Nb Bancorp, Inc. sine 2022 and NB Financial MHC. He served as a M...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.9yrs | US$7.27m | 0.31% $ 2.5m | |
| Executive VP & COO | 7.7yrs | US$4.77m | 0.20% $ 1.6m | |
| Senior VP & General Counsel | 4.4yrs | US$793.07k | 0.012% $ 93.9k | |
| Executive VP & CFO | less than a year | no data | 0.015% $ 120.6k | |
| Senior VP & Chief Information Officer | no data | no data | no data | |
| Executive VP & Chief Administrative Officer | no data | no data | 0.11% $ 900.3k | |
| Senior VP of Human Resources | no data | no data | no data | |
| Executive VP & Chief Risk Officer | no data | no data | 0.041% $ 330.7k | |
| Executive VP & Senior Commercial Lender | 13.9yrs | no data | 0.094% $ 750.8k | |
| Executive VP & Chief Credit Officer | 6.7yrs | no data | 0.017% $ 136.8k | |
| Senior VP & Director Structured Finance | no data | no data | no data | |
| Executive VP & Director of Specialized Banking Center | 2.7yrs | no data | 0.074% $ 590.6k |
6.7yrs
Average Tenure
57.5yo
Average Age
Experienced Management: NBBK's management team is seasoned and experienced (6.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.9yrs | US$7.27m | 0.31% $ 2.5m | |
| Independent Director | 1.9yrs | US$66.97k | 0.024% $ 189.6k | |
| Independent Director | 1.9yrs | US$66.97k | 0.19% $ 1.5m | |
| Lead Independent Director | 17.9yrs | US$100.43k | 0.13% $ 1.1m | |
| Independent Director | 17.9yrs | US$108.08k | 0.071% $ 572.5k | |
| Independent Director | 8.9yrs | US$95.10k | 0.19% $ 1.5m | |
| Independent Director | 1.9yrs | US$66.97k | 0.035% $ 282.9k | |
| Independent Director | less than a year | no data | 0.00023% $ 1.8k | |
| Independent Director | 9.9yrs | US$107.25k | 0.18% $ 1.5m | |
| Independent Director | 4.9yrs | US$96.44k | 0.059% $ 469.2k | |
| Independent Director | 1.9yrs | US$66.97k | 0.0087% $ 69.6k | |
| Independent Director | 1.9yrs | US$66.97k | 0.0085% $ 67.9k |
3.4yrs
Average Tenure
65yo
Average Age
Experienced Board: NBBK's board of directors are considered experienced (3.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 06:17 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
NB Bancorp, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Fitzgibbon | Piper Sandler Companies |