NB Bancorp (NASDAQ:NBBK) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$40.0m (up 17% from 3Q 2023).
- Net income: US$8.38m (down 1.0% from 3Q 2023).
- Profit margin: 21% (down from 25% in 3Q 2023). The decrease in margin was driven by higher expenses.
- EPS: US$0.21.
All figures shown in the chart above are for the trailing 12 month (TTM) period
NB Bancorp shares are up 5.2% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 1 warning sign for NB Bancorp you should be aware of.
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About NasdaqCM:NBBK
NB Bancorp
Focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island.
Flawless balance sheet with moderate growth potential.
