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NB Bancorp, Inc. Common Stock (NBBK) 10-Year Financial Performance & Capital Metrics

NBBK • • Banking & Credit
Financial ServicesRegional BanksCommunity & Regional Retail BankingNortheast Community Banks
AboutNB Bancorp, Inc. 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. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit. It also invests in securities consisting of U.S. treasury and federal agency securities, government-sponsored residential mortgage-backed securities, municipal bonds, and corporate bonds. The company was founded in 1892 and is based in Needham, Massachusetts.Show more
  • Net Interest Income $161M +22.4%
  • Total Revenue $304M +28.0%
  • Net Income $42M +329.0%
  • Return on Equity 5.53% +210.4%
  • Net Interest Margin 3.13% +7.6%
  • Efficiency Ratio 33.54% -34.3%
  • ROA 0.87% +259.7%
  • Equity / Assets 14.84% -11.3%
  • Book Value per Share 19.43 +7.7%
  • Tangible BV/Share 19.43 +7.7%
  • Debt/Equity 0.16 -57.8%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong Piotroski F-Score: 7/9
  • ✓Efficient operations: 33.5% efficiency ratio
  • ✓Well capitalized: 14.8% equity/assets
  • ✓Share count reduced 6.3% through buybacks
  • ✓Trading at only 1.0x book value

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y-
3Y45.46%
TTM-

Profit (Net Income) CAGR

10Y-
5Y-
3Y25.01%
TTM350.6%

EPS CAGR

10Y-
5Y-
3Y28.02%
TTM342.86%

ROCE

10Y Avg5.78%
5Y Avg5.78%
3Y Avg4.95%
Latest6.06%

Peer Comparison

Northeast Community Banks
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Momentum & Returns
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Technical
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Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
DCOMDime Community Bancshares, Inc.1.37B31.1356.600.1%4.5%4.02%6.79%0.70
EBCEastern Bankshares, Inc.4.4B19.5629.6491.64%11.17%1.3%6.14%0.01
LYGLloyds Banking Group plc80.5B5.4821.9210.79%11.75%9.93%1.76
CFGCitizens Financial Group, Inc.26.03B60.6120.001.31%12.22%6.6%7.22%0.51
PFSProvident Financial Services, Inc.2.65B20.2919.3263.91%10.13%7.51%16.04%0.93
CBUCommunity Bank System, Inc.3.3B62.7318.2424.44%19.4%10.34%6.71%0.57
VLYValley National Bancorp6.7B12.0217.426.51%10.65%6.53%8.18%0.50
INDBIndependent Bank Corp.3.8B76.6216.956.89%19.72%7.76%5.51%0.23

Profit & Loss

Dec 2021Dec 2022Dec 2023Dec 2024
Net Interest Income+78.01M105.47M131.72M161.2M
NII Growth %-0.35%0.25%0.22%
Net Interest Margin %----
Interest Income90.64M121.02M222.16M292.52M
Interest Expense12.63M15.55M90.44M131.32M
Loan Loss Provision2.05M6.7M13.88M12.12M
Non-Interest Income+8.16M7.87M15.35M11.53M
Non-Interest Income %----
Total Revenue+98.8M128.88M237.52M304.05M
Revenue Growth %-0.3%0.84%0.28%
Non-Interest Expense56.49M70.25M121.34M101.99M
Efficiency Ratio----
Operating Income+27.63M36.39M11.84M58.62M
Operating Margin %----
Operating Income Growth %-0.32%-0.67%3.95%
Pretax Income+27.63M36.39M11.84M58.62M
Pretax Margin %----
Income Tax+6.06M6.32M2.02M16.47M
Effective Tax Rate %----
Net Income+21.57M30.07M9.82M42.15M
Net Margin %----
Net Income Growth %-0.39%-0.67%3.29%
Net Income (Continuing)21.57M30.07M9.82M42.15M
EPS (Diluted)+0.510.700.231.07
EPS Growth %-0.37%-0.67%3.65%
EPS (Basic)0.510.700.231.07
Diluted Shares Outstanding42.71M42.71M42.02M39.39M

Balance Sheet

Dec 2021Dec 2022Dec 2023Dec 2024
Cash & Short Term Investments+1000K1000K1000K1000K
Cash & Due from Banks457.18M131.07M90.48M211.17M
Short Term Investments1000K1000K1000K1000K
Total Investments+2.35B3.25B4.09B4.55B
Investments Growth %-0.38%0.26%0.11%
Long-Term Investments2.09B3B3.9B4.45B
Accounts Receivables1000K1000K1000K1000K
Goodwill & Intangibles+----
Goodwill0000
Intangible Assets0000
PP&E (Net)29.21M35.34M35.53M34.65M
Other Assets45.54M95.9M285.71M314.96M
Total Current Assets750.92M448.69M297.23M324.77M
Total Non-Current Assets2.17B3.14B4.24B4.83B
Total Assets+2.92B3.59B4.53B5.16B
Asset Growth %-0.23%0.26%0.14%
Return on Assets (ROA)0.01%0.01%0%0.01%
Accounts Payable0000
Total Debt+256K293.08M283.34M120.83M
Net Debt-456.93M162.01M192.85M-90.33M
Long-Term Debt256K293.08M283.34M20.84M
Short-Term Debt000100M
Other Liabilities7.89M11.98M19.21M89.53M
Total Current Liabilities2.59B2.94B3.47B4.28B
Total Non-Current Liabilities8.15M305.06M302.55M110.37M
Total Liabilities2.6B3.25B3.78B4.39B
Total Equity+326.13M344.06M757.96M765.17M
Equity Growth %-0.05%1.2%0.01%
Equity / Assets (Capital Ratio)----
Return on Equity (ROE)0.07%0.09%0.02%0.06%
Book Value per Share7.648.0618.0419.43
Tangible BV per Share----
Common Stock00427K427K
Additional Paid-in Capital00417.03M417.25M
Retained Earnings328.4M358.47M366.17M400.47M
Accumulated OCI-2.27M-14.4M-11.9M-8.17M
Treasury Stock0000
Preferred Stock0000

Cash Flow

Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+43.84M39.71M52.96M43.19M
Operating CF Growth %--0.09%0.33%-0.18%
Net Income21.57M30.07M9.82M42.15M
Depreciation & Amortization2.1M2.47M2.85M2.96M
Deferred Taxes533K-1.25M-7.72M-10.26M
Other Non-Cash Items3.85M7.57M16.69M22.41M
Working Capital Changes15.79M860K31.31M-16.88M
Cash from Investing+-41.94M-667.99M-831.62M-546.44M
Purchase of Investments-180.44M-191.76M-50.31M-142.99M
Sale/Maturity of Investments1000K1000K1000K1000K
Net Investment Activity----
Acquisitions0297.67M00
Other Investing67.42M-936M-882.04M-513.3M
Cash from Financing+242.43M317.77M894.71M594.52M
Dividends Paid0000
Share Repurchases000-33.4M
Stock Issued00417.46M-225K
Net Stock Activity----
Debt Issuance (Net)-1000K1000K-1000K-1000K
Other Financing362.54M24.95M487.06M790.64M
Net Change in Cash+244.33M-310.5M116.05M91.26M
Exchange Rate Effect0000
Cash at Beginning222.72M467.05M156.54M272.59M
Cash at End467.05M156.54M272.59M363.86M
Interest Paid06.58M88.75M128.35M
Income Taxes Paid08.56M4.79M13.09M
Free Cash Flow+42.04M31.22M50.09M41.25M
FCF Growth %--0.26%0.6%-0.18%

Banking Ratios

Metric2021202220232024
Return on Equity (ROE)6.62%8.97%1.78%5.53%
Return on Assets (ROA)0.74%0.92%0.24%0.87%
Net Interest Margin2.67%2.94%2.91%3.13%
Efficiency Ratio57.17%54.51%51.09%33.54%
Equity / Assets11.16%9.58%16.72%14.84%
Book Value / Share7.648.0618.0419.43
NII Growth-35.2%24.89%22.38%

Revenue by Segment

20232024
Product and Service, Other6.07M5.19M
Product and Service, Other Growth--14.41%

Frequently Asked Questions

Valuation & Price

NB Bancorp, Inc. Common Stock (NBBK) has a price-to-earnings (P/E) ratio of 18.9x. This is roughly in line with market averages.

Growth & Financials

NB Bancorp, Inc. Common Stock (NBBK) grew revenue by 28.0% over the past year. This is strong growth.

Yes, NB Bancorp, Inc. Common Stock (NBBK) is profitable, generating $58.2M in net income for fiscal year 2024 (13.9% net margin).

Dividend & Returns

NB Bancorp, Inc. Common Stock (NBBK) has a return on equity (ROE) of 5.5%. This is below average, suggesting room for improvement.

Industry Metrics

NB Bancorp, Inc. Common Stock (NBBK) has a net interest margin (NIM) of 3.1%. This indicates healthy earnings from lending activities.

NB Bancorp, Inc. Common Stock (NBBK) has an efficiency ratio of 33.5%. This is excellent, indicating strong cost control.

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