NASDAQ : NBBK
NB Bancorp, Inc. — Financial statements
Financials · Banks - Regional · United States
Last price 22.13 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 903.53M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 408.83M | 315.01M | 270.76M | 212.20M | 114.07M | 85.87M |
| Interest Income on Investments | 22.17M | 20.74M | 21.75M | 9.97M | 6.95M | 4.77M |
| Total Interest Income | 431.00M | 335.75M | 292.52M | 222.16M | 121.02M | 90.64M |
| Interest Paid on Deposits | 160.84M | 132.88M | 126.92M | 76.39M | 12.69M | 10.59M |
| Interest Paid on Borrowings | 5.96M | 5.41M | 4.39M | 14.05M | 2.86M | 2.04M |
| Total Interest Expense | 166.79M | 138.29M | 131.32M | 90.44M | 15.55M | 12.63M |
| Net Interest Income | 264.20M | 197.46M | 161.20M | 131.72M | 105.47M | 78.01M |
| Mortgage Banking Activities | -33.00K | 53.00K | 1.02M | 581.00K | 595.00K | 1.83M |
| Gain (Loss) on Sale of Assets | 496.00K | |||||
| Gain (Loss) on Sale of Investments | -1.87M | 481.00K | ||||
| Other Non-Interest Income | 19.71M | 16.15M | 13.40M | 11.32M | 7.27M | 5.85M |
| Total Non-Interest Income | 19.67M | 16.20M | 12.56M | 11.90M | 7.87M | 8.65M |
| Revenues Before Loan Losses | 283.87M | 213.66M | 173.76M | 143.62M | 113.34M | 86.67M |
| Provision for Loan Losses | 9.71M | 4.65M | 12.12M | 13.88M | 6.70M | 2.05M |
| Revenue | 274.16M | 209.00M | 161.63M | 129.74M | 106.64M | 84.61M |
| Salaries and Employee Benefits | 93.89M | 71.01M | 64.46M | 66.34M | 45.57M | 38.05M |
| Occupancy Expenses | 8.46M | 5.06M | 4.38M | 4.25M | 3.72M | 3.37M |
| Federal Deposit Insurance | 4.92M | 3.37M | 2.85M | 4.71M | 1.83M | 1.40M |
| Selling, General & Administrative | 57.99M | 41.16M | 31.33M | 46.04M | 20.20M | 14.17M |
| Total Non-Interest Expense | 166.15M | 120.61M | 103.02M | 121.34M | 71.32M | 56.98M |
| EBT Excluding Unusual Items | 108.02M | 88.40M | 58.62M | 8.39M | 35.32M | 27.63M |
| Other Unusual Items | 3.45M | 1.07M | ||||
| Pretax Income | 91.75M | 71.13M | 58.62M | 11.84M | 36.39M | 27.63M |
| Income Tax Expense | 24.80M | 20.83M | 16.47M | 2.02M | 6.32M | 6.06M |
| Net Income | 66.95M | 50.30M | 42.15M | 9.82M | 30.07M | 21.57M |
| Net Income to Common | 66.95M | 50.30M | 42.15M | 9.82M | 30.07M | 21.57M |
| Basic Shares Outstanding | 39.38M | 37.41M | 39.39M | 42.02M | ||
| Diluted Shares Outstanding | 39.75M | 37.63M | 39.39M | 42.02M | ||
| EPS (Basic) | 1.70 | 1.34 | 1.07 | 0.23 | ||
| EPS (Diluted) | 1.69 | 1.34 | 1.07 | 0.23 | ||
| Dividend Per Share | 0.28 | 0.14 | ||||
| Effective Tax Rate | 27.03% | 29.28% | 28.09% | 17.05% | 17.38% | 21.92% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 266.06M | 407.60M | 363.86M | 272.59M | 156.54M | 467.05M |
| Investment Securities | 328.68M | 205.28M | 183.68M | 189.47M | 240.86M | 243.18M |
| Trading Asset Securities | 22.29M | 27.17M | 27.77M | 31.80M | 8.56M | |
| Mortgage-Backed Securities | 80.83M | 50.02M | 13.85M | 15.21M | 20.85M | |
| Total Investments | 328.68M | 308.40M | 260.87M | 231.09M | 287.88M | 272.59M |
| Gross Loans | 6.77B | 5.99B | 4.34B | 3.89B | 3.02B | 2.10B |
| Allowance for Loan Losses | -78.31M | -87.41M | -38.74M | -32.22M | -25.03M | -18.41M |
| Other Adjustments to Gross Loans | -7.88M | -6.54M | -4.93M | -511.00K | ||
| Net Loans | 6.69B | 5.90B | 4.29B | 3.86B | 2.99B | 2.09B |
| Property, Plant & Equipment | 51.11M | 66.17M | 47.48M | 46.08M | 46.32M | 33.95M |
| Goodwill | 16.52M | 18.51M | ||||
| Other Intangible Assets | 16.63M | 19.30M | 1.08M | |||
| Loans Held for Sale | 55.91M | 66.45M | ||||
| Accrued Interest Receivable | 29.97M | 25.39M | 19.68M | 17.28M | 10.84M | 7.54M |
| Other Receivables | 4.13M | |||||
| Other Current Assets | 71.05M | 25.83M | 18.63M | 14.77M | 14.39M | 13.15M |
| Long-Term Deferred Tax Assets | 62.35M | 48.83M | 30.30M | 19.13M | 11.39M | 6.37M |
| Other Long-Term Assets | 98.18M | 110.61M | 114.93M | 60.84M | 57.25M | 33.39M |
| Total Assets | 7.68B | 7.01B | 5.16B | 4.53B | 3.59B | 2.92B |
| Accrued Expenses | 127.41M | 23.36M | 22.13M | 36.47M | 9.86M | 5.57M |
| Interest Bearing Deposits | 6.52B | 4.26B | 2.86B | 2.31B | 2.03B | 1.88B |
| Institutional Deposits | 772.91M | 694.06M | 544.25M | 415.86M | 361.01M | |
| Non-Interest Bearing Deposits | 824.40M | 623.40M | 528.41M | 445.52M | 324.39M | |
| Total Deposits | 6.52B | 5.85B | 4.18B | 3.39B | 2.89B | 2.56B |
| Short-Term Borrowings | 22.30M | 27.18M | 27.79M | 31.49M | 9.81M | |
| Current Portion of Long-Term Debt | 168.98M | 100.00M | 282.50M | 293.07M | 164.00K | |
| Current Portion of Leases | 1.59M | |||||
| Current Income Taxes Payable | 15.00K | |||||
| Federal Home Loan Bank Debt, Long-Term | 150.32M | 27.26M | 20.84M | 835.00K | 7.00K | 92.00K |
| Long-Term Leases | 20.15M | 13.20M | 10.77M | 11.05M | 4.80M | |
| Pension & Post-Retirement Benefits | 22.54M | 21.52M | 23.83M | 19.49M | 11.98M | 7.89M |
| Other Long-Term Liabilities | 4.92M | 8.52M | 7.75M | 10.24M | 4.06M | 3.65M |
| Total Liabilities | 6.83B | 6.15B | 4.39B | 3.78B | 3.25B | 2.60B |
| Common Stock | 438.00K | 458.00K | 427.00K | 427.00K | ||
| Additional Paid-In Capital | 417.94M | 458.86M | 417.25M | 417.03M | ||
| Retained Earnings | 495.08M | 445.20M | 400.47M | 366.17M | 358.47M | 328.40M |
| Comprehensive Income & Other | -56.06M | -45.59M | -52.98M | -25.67M | -14.40M | -2.27M |
| Shareholders' Equity | 857.40M | 858.93M | 765.17M | 757.96M | 344.06M | 326.13M |
| Total Liabilities & Equity | 7.68B | 7.01B | 5.16B | 4.53B | 3.59B | 2.92B |
| Total Debt | 150.32M | 240.27M | 161.21M | 321.90M | 335.62M | 14.87M |
| Net Cash (Debt) | 115.73M | 189.62M | 229.82M | -21.54M | -147.27M | 460.74M |
| Net Cash Per Share | 2.91 | 5.04 | 5.83 | -0.51 | ||
| Filing Date Shares Outstanding | 39.43M | 42.53M | 38.60M | 42.71M | ||
| Total Common Shares Outstanding | 39.43M | 42.70M | 39.46M | 42.71M | ||
| Book Value Per Share | 21.74 | 20.12 | 19.39 | 17.75 | ||
| Tangible Book Value | 824.25M | 821.12M | 764.09M | 757.96M | 344.06M | 326.13M |
| Tangible Book Value Per Share | 20.90 | 19.23 | 19.36 | 17.75 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 50.30M | 42.15M | 9.82M | 30.07M | 21.57M | |
| Depreciation & Amortization | 3.60M | 2.96M | 2.83M | 2.47M | 2.10M | |
| Other Amortization | 1.34M | 1.39M | 4.42M | 2.52M | ||
| Gain (Loss) on Sale of Assets | -496.00K | |||||
| Gain (Loss) on Sale of Investments | -291.00K | 1.53M | -240.00K | 71.00K | -379.00K | |
| Provision for Credit Losses | 4.79M | 12.25M | 14.05M | 7.20M | 5.49M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | 2.33M | 9.80M | 5.00K | 47.00K | 1.25M | |
| Accrued Interest Receivable | -1.14M | -2.40M | -6.46M | -3.30M | 1.02M | |
| Change in Income Taxes | -211.00K | |||||
| Change in Other Net Operating Assets | -7.00M | -14.47M | 37.71M | 4.16M | 14.97M | |
| Other Operating Activities | 37.00K | -12.52M | -9.23M | -3.48M | -234.00K | |
| Operating Cash Flow | 60.79M | 43.19M | 52.90M | 39.71M | 43.84M | |
| Capital Expenditures | -3.42M | -1.94M | -2.87M | -8.50M | -1.80M | |
| Sale of Property, Plant and Equipment | 919.00K | |||||
| Cash Acquisitions | -48.12M | |||||
| Investment in Securities | -12.71M | -31.20M | 53.28M | -21.17M | -107.55M | |
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -503.69M | -463.31M | -882.04M | -913.80M | 83.72M | |
| Other Investing Activities | 48.89M | -50.00M | 275.47M | -17.23M | ||
| Investing Cash Flow | -519.05M | -546.44M | -831.62M | -667.99M | -41.94M | |
| Long-Term Debt Issued | 44.58M | 292.83M | ||||
| Long-Term Debt Repaid | -162.50M | -9.74M | -120.11M | |||
| Net Debt Issued (Repaid) | 44.58M | -162.50M | -9.74M | 292.83M | -120.11M | |
| Issuance of Common Stock | 417.46M | |||||
| Repurchase of Common Stock | -77.12M | -33.40M | -13.77M | |||
| Common Dividends Paid | -5.58M | |||||
| Net Increase (Decrease) in Deposit Accounts | 540.12M | 790.33M | 500.67M | 24.53M | 362.48M | |
| Other Financing Activities | 4.00K | 95.00K | 165.00K | 414.00K | 62.00K | |
| Financing Cash Flow | 502.00M | 594.52M | 894.77M | 317.77M | 242.43M | |
| Net Cash Flow | 43.74M | 91.26M | 116.05M | -310.50M | 244.33M | |
| Free Cash Flow | 57.38M | 41.25M | 50.03M | 31.22M | 42.04M | |
| Free Cash Flow Margin | 27.45% | 25.52% | 38.57% | 29.27% | 49.68% | |
| Free Cash Flow Per Share | 1.52 | 1.05 | 1.19 | |||
| Cash Interest Paid | 143.28M | 128.35M | 88.75M | 6.58M | 13.16M | |
| Cash Income Tax Paid | 6.06M | 13.09M | 4.79M | 8.56M | 5.62M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 922.72M | 727.56M | 771.27M | 574.39M | ||
| Last Close Price | 22.13 | 19.57 | 17.69 | 13.17 | ||
| PE Ratio | 13.37 | 14.46 | 18.30 | 58.46 | ||
| PS Ratio | 3.30 | 3.48 | 4.77 | 4.43 | ||
| PB Ratio | 1.02 | 0.85 | 1.01 | 0.76 | ||
| P/FCF Ratio | 11.58 | 12.68 | 18.70 | 11.48 | ||
| P/OCF Ratio | 10.59 | 11.97 | 17.86 | 10.86 | ||
| Debt / Equity Ratio | 0.17 | 0.28 | 0.21 | 0.42 | 0.97 | 0.05 |
| Debt / FCF Ratio | 4.19 | 3.91 | 6.43 | 10.75 | 0.35 | |
| Net Debt / Equity Ratio | -0.14 | -0.22 | -0.30 | 0.03 | 0.43 | -1.41 |
| Net Debt / FCF Ratio | -3.31 | -5.57 | 0.43 | 4.72 | -10.96 | |
| Return on Equity (ROE) | 8.40% | 6.19% | 5.54% | 1.78% | 8.97% | 6.81% |
| Return on Assets (ROA) | 1.02% | 0.83% | 0.87% | 0.24% | 0.92% | 0.77% |
| Earnings Yield | 7.48% | 6.91% | 5.46% | 1.71% | ||
| FCF Yield | 8.64% | 7.89% | 5.35% | 8.71% | ||
| Dividend Yield | 1.24% | 0.82% | ||||
| Payout Ratio | 16.56% | 11.08% | ||||
| Buyback Yield / Dilution | -5.60% | 4.48% | 6.25% | |||
| Total Shareholder Return | -4.33% | 5.30% | 6.25% |