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NBBK

NB Bancorp, Inc. Common Stock

NBBK

NB Bancorp, Inc. Common Stock • NASDAQ
$19.59 ▼ -0.91% (-0.18)
Market Cap $737.52 M
52w High $20.72
52w Low $15.09
Dividend Yield 0.28%
P/E 12.72
Volume 107.71K
Outstanding Shares 37.65M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $85.239M ▲ $30.368M ▲ $15.362M ▲ 18.022% ▲ $0.43 ▲ $20.751M ▲
Q2-2025 $84.026M ▲ $29.305M ▲ $14.579M ▲ 17.351% ▲ $0.39 ▲ $19.485M ▲
Q1-2025 $80.712M ▼ $28.66M ▲ $12.655M ▼ 15.679% ▼ $0.33 ▼ $18.299M ▼
Q4-2024 $80.982M ▲ $25.622M ▲ $15.612M ▲ 19.278% ▲ $0.4 ▲ $20.019M ▲
Q3-2024 $77.268M $24.586M $8.383M 10.849% $0.21 $16.125M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $296.638M ▲ $5.442B ▲ $4.705B ▲ $737.034M ▼
Q2-2025 $222.082M ▼ $5.227B ▼ $4.489B ▼ $737.122M ▼
Q1-2025 $256.945M ▼ $5.242B ▲ $4.503B ▲ $739.611M ▼
Q4-2024 $305.089M ▼ $5.158B ▲ $4.393B ▲ $765.167M ▲
Q3-2024 $350.728M $5.003B $4.255B $747.449M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $15.362M ▲ $24.246M ▼ $-179.139M ▼ $191.571M ▲ $36.678M ▲ $23.942M ▼
Q2-2025 $14.579M ▲ $27.038M ▲ $-40.741M ▲ $-41.044M ▼ $-54.747M ▼ $26.089M ▲
Q1-2025 $12.655M ▼ $9.948M ▼ $-138.541M ▼ $78.184M ▼ $-50.409M ▼ $9.84M ▼
Q4-2024 $15.612M ▲ $20.416M ▲ $-113.114M ▲ $139.504M ▼ $46.806M ▲ $19.858M ▲
Q3-2024 $8.383M $8.617M $-201.277M $180.767M $-11.893M $8.398M

Five-Year Company Overview

Income Statement

Income Statement NB Bancorp’s income statement shows a young but steadily maturing bank. Revenue has climbed each year, and profits have followed the same pattern, with earnings per share rising meaningfully over time. Profitability margins have generally improved, suggesting the bank is getting more efficient as it grows. There is a small bump in operating profit in the middle years that likely reflects higher spending to build scale and go public, but the latest year points to stronger, more stable earnings power. Overall, this looks like a bank that has moved from “small and building” toward “scaled and solidly profitable,” while still in a growth phase.

Balance Sheet

Balance Sheet The balance sheet reflects fast but mostly well-supported growth. Total assets have expanded significantly over the period, consistent with an ambitious regional bank growing its loan book and footprint. Shareholders’ equity has risen too, indicating the bank has been retaining earnings and strengthening its capital base as it grows. Borrowings increased at one point but were then reduced, which suggests management has been actively managing leverage rather than relying heavily on debt. Cash levels have moved around but remain a modest portion of total assets, which is typical for a lending-focused institution. Overall, the balance sheet looks more robust and better capitalized now than a few years ago, though growth always brings credit and risk-management challenges that need close attention.

Cash Flow

Cash Flow Cash generation appears steady and disciplined. Operating cash flow has been consistently positive and comfortably covers the bank’s relatively light investment spending. Free cash flow has also stayed positive, implying that day-to-day banking operations are funding growth without strain. Capital spending has been modest, which fits a bank that relies more on technology partnerships and internal process improvements than on heavy physical expansion. The pattern suggests a business that is not cash-hungry and has some flexibility to handle normal business cycles, as long as credit quality remains sound.

Competitive Edge

Competitive Edge NB Bancorp competes as a specialized, relationship-focused community bank with a clear niche. Its long-standing identity as “the Builder’s Bank” gives it deep roots in commercial real estate, construction, and land development across its core New England markets. This specialization, combined with localized decision-making and community ties, provides a level of tailored service that larger national banks may struggle to match. On top of that, the bank has moved into structured finance and renewable energy lending, which adds diversification and higher-value business beyond traditional community banking. The merger with Provident Bancorp broadens its geographic and customer reach. Key competitive risks include exposure to property and construction cycles, integration execution after the merger, and ongoing pressure from both big banks and digital-first competitors.

Innovation and R&D

Innovation and R&D While NB Bancorp does not run traditional “R&D” labs, it is deliberately using technology to upgrade a classic community banking model. Its digital banking suite covers the full range of modern services for consumers and businesses, and it has invested in tools that streamline lending and secure document handling—important for its commercial and construction clients. Internal systems aimed at cash management, fraud prevention, and secure mobile access for loan officers help the bank deliver faster, more convenient service without losing the human touch. Innovation also shows up in its product mix, especially structured finance and renewable energy project lending. The bank is more of a fast adopter and integrator of proven technologies than a pure fintech innovator, so its long-term edge will depend on consistently upgrading digital capabilities while preserving its relationship-driven culture.

Summary

NB Bancorp is a relatively new public company but an experienced community bank that appears to be scaling up in a disciplined way. Financially, revenue and earnings have grown steadily, margins have generally improved, and the balance sheet has become stronger as assets and equity have expanded together. Cash flows look stable and supportive of continued growth. Strategically, the bank combines a century-old niche in construction and development lending with a more modern push into structured finance, renewable energy, and enhanced digital banking. The recent merger and ongoing technology investments could deepen its market presence and efficiency, but they also raise execution and integration risks. Overall, the picture is of a focused regional bank with a clear identity and growing capabilities, whose future results will hinge on credit quality in its specialized loan books, successful merger integration, and its ability to keep pace with rapid changes in banking technology and competition.

NEWS

November 14, 2025 · 4:16 PM UTC

NB Bancorp, Inc. and Provident Bancorp, Inc. Announce Closing of Merger

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November 13, 2025 · 8:35 AM UTC

NB Bancorp, Inc. and Provident Bancorp, Inc. Announce Final Proration of Merger Consideration

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October 31, 2025 · 4:10 PM UTC

NB Bancorp, Inc. and Provident Bancorp, Inc. Announce Confirmation of Election Deadline for Merger Consideration and Expected Closing Date

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October 22, 2025 · 5:39 PM UTC

NB Bancorp, Inc. Reports Third Quarter 2025 Financial Results, Declares Quarterly Cash Dividend

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October 20, 2025 · 4:15 PM UTC

NB BANCORP, INC. AND PROVIDENT BANCORP, INC. ANNOUNCE THE RECEIPT OF ALL REGULATORY APPROVALS TO MERGE AND ANTICIPATED CLOSING DATE

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