NB Bancorp (NBBK) Expected to Announce Earnings on Wednesday

NB Bancorp (NASDAQ:NBBK - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data before the market opens on Wednesday, July 23rd. Analysts expect the company to announce earnings of $0.35 per share for the quarter.

NB Bancorp (NASDAQ:NBBK - Get Free Report) last posted its quarterly earnings data on Tuesday, April 22nd. The company reported $0.35 earnings per share for the quarter, hitting the consensus estimate of $0.35. The firm had revenue of $47.39 million during the quarter, compared to analyst estimates of $44.50 million. NB Bancorp had a return on equity of 6.61% and a net margin of 14.73%. On average, analysts expect NB Bancorp to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

NB Bancorp Stock Down 0.4%

Shares of NBBK traded down $0.07 during trading hours on Friday, hitting $18.38. The stock had a trading volume of 182,693 shares, compared to its average volume of 233,638. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a 50 day simple moving average of $17.42 and a 200-day simple moving average of $17.78. The firm has a market capitalization of $745.68 million, a P/E ratio of 15.58 and a beta of 0.46. NB Bancorp has a 1-year low of $15.09 and a 1-year high of $21.05.

Insider Transactions at NB Bancorp

In other news, Director Francis Orfanello purchased 5,000 shares of the firm's stock in a transaction dated Tuesday, April 29th. The shares were purchased at an average price of $17.09 per share, with a total value of $85,450.00. Following the completion of the acquisition, the director owned 130,237 shares in the company, valued at $2,225,750.33. This trade represents a 3.99% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 1.90% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. AQR Capital Management LLC purchased a new stake in NB Bancorp during the first quarter valued at about $253,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in NB Bancorp by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,127 shares of the company's stock valued at $418,000 after buying an additional 975 shares during the period. Millennium Management LLC boosted its position in NB Bancorp by 13.1% during the first quarter. Millennium Management LLC now owns 253,543 shares of the company's stock valued at $4,582,000 after buying an additional 29,373 shares during the period. Finally, Jane Street Group LLC boosted its position in NB Bancorp by 54.3% during the first quarter. Jane Street Group LLC now owns 54,613 shares of the company's stock valued at $987,000 after buying an additional 19,213 shares during the period.

NB Bancorp Company Profile

NB 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.