NB Bancorp Past Earnings Performance
Past criteria checks 1/6
NB Bancorp's earnings have been declining at an average annual rate of -70.7%, while the Banks industry saw earnings growing at 9.3% annually. Revenues have been growing at an average rate of 14.4% per year. NB Bancorp's return on equity is 1.3%, and it has net margins of 7.3%.
Key information
-70.7%
Earnings growth rate
n/a
EPS growth rate
| Banks Industry Growth | 11.2% |
| Revenue growth rate | 14.4% |
| Return on equity | 1.3% |
| Net Margin | 7.3% |
| Last Earnings Update | 31 Mar 2024 |
Revenue & Expenses Breakdown
How NB Bancorp makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 134 | 10 | 98 | 0 |
| 31 Dec 23 | 132 | 10 | 95 | 0 |
| 30 Sep 23 | 130 | 35 | 83 | 0 |
| 30 Jun 23 | 124 | 34 | 79 | 0 |
| 31 Mar 23 | 118 | 33 | 74 | 0 |
| 31 Dec 22 | 106 | 30 | 68 | 0 |
| 31 Dec 21 | 85 | 22 | 56 | 0 |
Quality Earnings: NBBK has high quality earnings.
Growing Profit Margin: NBBK's current net profit margins (7.3%) are lower than last year (28.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if NBBK's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: NBBK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NBBK had negative earnings growth (-70.7%) over the past year, making it difficult to compare to the Banks industry average (-14%).
Return on Equity
High ROE: NBBK's Return on Equity (1.3%) is considered low.