Annual Income Statements for NB Bancorp
This table shows NB Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.
Quarterly Income Statements for NB Bancorp
This table shows NB Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| Net Income / (Loss) Attributable to Common Shareholders |
|
-14 |
8.70 |
9.45 |
8.38 |
16 |
13 |
15 |
15 |
- |
15 |
21 |
| Consolidated Net Income / (Loss) |
|
-14 |
8.70 |
9.45 |
8.38 |
16 |
13 |
15 |
15 |
- |
15 |
21 |
| Net Income / (Loss) Continuing Operations |
|
-14 |
8.70 |
9.45 |
8.38 |
16 |
13 |
15 |
15 |
- |
15 |
21 |
| Total Pre-Tax Income |
|
-20 |
12 |
12 |
15 |
19 |
18 |
19 |
20 |
- |
20 |
27 |
| Total Revenue |
|
39 |
42 |
42 |
43 |
47 |
47 |
51 |
52 |
- |
69 |
75 |
| Net Interest Income / (Expense) |
|
35 |
39 |
39 |
41 |
43 |
44 |
47 |
48 |
- |
65 |
69 |
| Total Interest Income |
|
64 |
68 |
71 |
76 |
77 |
77 |
80 |
82 |
- |
106 |
112 |
| Loans and Leases Interest Income |
|
62 |
64 |
65 |
71 |
71 |
71 |
75 |
77 |
- |
100 |
107 |
| Investment Securities Interest Income |
|
2.61 |
4.19 |
5.85 |
5.49 |
6.22 |
5.41 |
5.13 |
4.32 |
- |
5.64 |
5.22 |
| Total Interest Expense |
|
29 |
30 |
32 |
35 |
35 |
33 |
33 |
34 |
- |
41 |
43 |
| Deposits Interest Expense |
|
26 |
28 |
32 |
34 |
34 |
32 |
32 |
31 |
- |
40 |
41 |
| Long-Term Debt Interest Expense |
|
3.18 |
1.34 |
0.82 |
1.07 |
1.16 |
1.09 |
1.15 |
2.24 |
- |
1.24 |
1.96 |
| Total Non-Interest Income |
|
3.25 |
3.50 |
2.98 |
1.27 |
4.81 |
3.88 |
4.28 |
3.55 |
- |
4.51 |
5.56 |
| Other Service Charges |
|
-4.83 |
2.61 |
0.44 |
0.38 |
-0.72 |
0.18 |
0.39 |
0.21 |
- |
0.33 |
0.62 |
| Net Realized & Unrealized Capital Gains on Investments |
|
0.10 |
0.49 |
0.27 |
-1.49 |
0.53 |
0.12 |
0.55 |
0.21 |
- |
0.20 |
0.30 |
| Investment Banking Income |
|
- |
- |
1.87 |
1.96 |
- |
2.56 |
2.55 |
2.50 |
- |
3.13 |
3.68 |
| Other Non-Interest Income |
|
0.39 |
0.40 |
0.40 |
0.41 |
1.05 |
1.03 |
0.79 |
0.63 |
- |
0.85 |
0.96 |
| Provision for Credit Losses |
|
5.80 |
4.43 |
3.67 |
2.62 |
1.40 |
1.16 |
3.16 |
1.40 |
- |
6.33 |
3.19 |
| Total Non-Interest Expense |
|
53 |
26 |
26 |
25 |
27 |
29 |
29 |
30 |
- |
43 |
44 |
| Salaries and Employee Benefits |
|
24 |
18 |
17 |
17 |
16 |
19 |
19 |
19 |
- |
25 |
26 |
| Net Occupancy & Equipment Expense |
|
3.31 |
3.33 |
3.79 |
3.62 |
3.87 |
4.35 |
3.96 |
4.47 |
- |
6.93 |
7.37 |
| Marketing Expense |
|
20 |
0.74 |
1.10 |
0.84 |
0.78 |
0.85 |
0.95 |
0.95 |
- |
1.03 |
1.53 |
| Property & Liability Insurance Claims |
|
1.86 |
0.36 |
0.63 |
0.81 |
1.04 |
0.81 |
0.88 |
0.93 |
- |
1.15 |
1.58 |
| Other Operating Expenses |
|
3.29 |
3.57 |
3.95 |
2.11 |
5.22 |
3.53 |
5.04 |
4.39 |
- |
7.58 |
7.99 |
| Income Tax Expense |
|
-6.54 |
3.44 |
2.37 |
7.00 |
3.66 |
4.91 |
4.14 |
4.60 |
- |
5.37 |
6.37 |
| Basic Earnings per Share |
|
$0.23 |
$0.22 |
$0.24 |
$0.21 |
$0.40 |
$0.33 |
$0.39 |
$0.43 |
- |
$0.37 |
$0.53 |
| Weighted Average Basic Shares Outstanding |
|
42.02M |
39.69M |
39.29M |
39.29M |
39.39M |
38.76M |
37.19M |
35.37M |
37.41M |
40.97M |
39.69M |
| Diluted Earnings per Share |
|
$0.23 |
$0.22 |
$0.24 |
$0.21 |
$0.40 |
$0.33 |
$0.39 |
$0.43 |
- |
$0.36 |
$0.53 |
| Weighted Average Diluted Shares Outstanding |
|
42.02M |
39.69M |
39.29M |
39.29M |
39.39M |
38.76M |
37.55M |
35.58M |
37.63M |
41.42M |
40.00M |
| Weighted Average Basic & Diluted Shares Outstanding |
|
42.71M |
42.71M |
42.71M |
42.71M |
41.84M |
40.57M |
39.83M |
39.83M |
45.60M |
89.41M |
43.82M |
Annual Cash Flow Statements for NB Bancorp
This table details how cash moves in and out of NB Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.
| Metric |
2022 |
2023 |
2024 |
2025 |
| Net Change in Cash & Equivalents |
-311 |
116 |
91 |
44 |
| Net Cash From Operating Activities |
40 |
53 |
43 |
61 |
| Net Cash From Continuing Operating Activities |
40 |
53 |
43 |
61 |
| Net Income / (Loss) Continuing Operations |
30 |
9.83 |
42 |
50 |
| Consolidated Net Income / (Loss) |
30 |
9.83 |
42 |
50 |
| Provision For Loan Losses |
6.70 |
14 |
12 |
4.65 |
| Depreciation Expense |
2.36 |
2.68 |
2.82 |
3.02 |
| Amortization Expense |
3.21 |
4.49 |
1.33 |
1.76 |
| Non-Cash Adjustments to Reconcile Net Income |
-3.48 |
-9.23 |
1.65 |
9.20 |
| Changes in Operating Assets and Liabilities, net |
0.86 |
31 |
-17 |
-8.15 |
| Net Cash From Investing Activities |
-668 |
-832 |
-546 |
-519 |
| Net Cash From Continuing Investing Activities |
-668 |
-832 |
-546 |
-519 |
| Purchase of Property, Leasehold Improvements and Equipment |
-8.50 |
-2.87 |
-1.94 |
-3.42 |
| Purchase of Investment Securities |
-1,110 |
-927 |
-607 |
-656 |
| Sale and/or Maturity of Investments |
153 |
98 |
112 |
91 |
| Other Investing Activities, net |
- |
0.00 |
-50 |
49 |
| Net Cash From Financing Activities |
318 |
895 |
595 |
502 |
| Net Cash From Continuing Financing Activities |
318 |
895 |
595 |
502 |
| Net Change in Deposits |
25 |
501 |
790 |
540 |
| Issuance of Debt |
293 |
-9.74 |
-163 |
45 |
| Issuance of Common Equity |
0.00 |
417 |
-0.23 |
0.00 |
| Repayment of Debt |
0.00 |
-14 |
-33 |
0.00 |
| Repurchase of Common Equity |
- |
0.00 |
0.00 |
-77 |
| Payment of Dividends |
- |
0.00 |
0.00 |
-5.58 |
| Other Financing Activities, Net |
0.41 |
0.17 |
0.32 |
0.00 |
| Cash Interest Paid |
6.59 |
89 |
128 |
143 |
| Cash Income Taxes Paid |
8.56 |
0.01 |
0.79 |
0.74 |
Quarterly Cash Flow Statements for NB Bancorp
This table details how cash moves in and out of NB Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.
| Metric |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| Net Change in Cash & Equivalents |
|
139 |
42 |
14 |
-12 |
47 |
-50 |
-55 |
- |
112 |
-32 |
25 |
| Net Cash From Operating Activities |
|
13 |
-11 |
25 |
8.62 |
21 |
9.95 |
27 |
- |
-0.44 |
27 |
34 |
| Net Cash From Continuing Operating Activities |
|
13 |
-11 |
25 |
8.62 |
21 |
9.95 |
27 |
- |
-0.44 |
27 |
34 |
| Net Income / (Loss) Continuing Operations |
|
-14 |
8.70 |
9.45 |
8.38 |
16 |
13 |
15 |
- |
7.71 |
15 |
21 |
| Consolidated Net Income / (Loss) |
|
-14 |
8.70 |
9.45 |
8.38 |
16 |
13 |
15 |
- |
7.71 |
15 |
21 |
| Provision For Loan Losses |
|
5.81 |
4.43 |
3.67 |
2.62 |
1.40 |
1.16 |
3.16 |
- |
-1.06 |
6.33 |
3.19 |
| Depreciation Expense |
|
0.67 |
0.70 |
0.71 |
0.71 |
0.71 |
0.69 |
0.73 |
- |
0.85 |
0.90 |
0.93 |
| Amortization Expense |
|
0.89 |
0.25 |
-0.22 |
0.60 |
0.69 |
0.31 |
-0.50 |
- |
1.36 |
3.32 |
0.93 |
| Non-Cash Adjustments to Reconcile Net Income |
|
-8.08 |
0.21 |
11 |
0.08 |
-10 |
0.80 |
1.76 |
- |
4.81 |
1.66 |
3.15 |
| Changes in Operating Assets and Liabilities, net |
|
28 |
-26 |
-0.33 |
-3.78 |
13 |
-5.67 |
7.30 |
- |
-14 |
0.15 |
4.85 |
| Net Cash From Investing Activities |
|
-167 |
-75 |
-156 |
-201 |
-114 |
-139 |
-41 |
- |
-161 |
-265 |
-202 |
| Net Cash From Continuing Investing Activities |
|
-167 |
-75 |
-156 |
-201 |
-114 |
-139 |
-41 |
- |
-161 |
-265 |
-202 |
| Purchase of Property, Leasehold Improvements and Equipment |
|
-0.24 |
-0.27 |
-0.89 |
-0.22 |
-0.56 |
-0.11 |
-0.95 |
- |
-2.06 |
-2.03 |
-2.90 |
| Purchase of Investment Securities |
|
-185 |
-91 |
-167 |
-218 |
-130 |
-147 |
-97 |
- |
-220 |
-303 |
-241 |
| Sale and/or Maturity of Investments |
|
19 |
17 |
11 |
67 |
17 |
8.92 |
8.50 |
- |
62 |
25 |
28 |
| Other Investing Activities, net |
|
- |
- |
- |
-50 |
0.00 |
0.00 |
49 |
- |
- |
15 |
14 |
| Net Cash From Financing Activities |
|
292 |
128 |
146 |
181 |
140 |
78 |
-41 |
- |
273 |
206 |
192 |
| Net Cash From Continuing Financing Activities |
|
292 |
128 |
146 |
181 |
140 |
78 |
-41 |
- |
273 |
206 |
192 |
| Net Change in Deposits |
|
-49 |
385 |
146 |
125 |
135 |
149 |
-59 |
- |
152 |
243 |
223 |
| Repayment of Debt |
|
-66 |
-256 |
223 |
- |
- |
-30 |
37 |
- |
- |
-422 |
407 |
| Repurchase of Common Equity |
|
- |
0.00 |
- |
- |
- |
-41 |
-19 |
- |
- |
-28 |
-18 |
| Payment of Dividends |
|
- |
- |
- |
- |
- |
0.00 |
- |
- |
-2.79 |
-3.21 |
-3.13 |
| Other Financing Activities, Net |
|
0.28 |
-0.15 |
-0.28 |
0.38 |
0.37 |
-0.09 |
-0.35 |
- |
0.01 |
-0.34 |
-0.44 |
| Cash Interest Paid |
|
30 |
30 |
29 |
36 |
33 |
37 |
32 |
- |
38 |
41 |
42 |
| Cash Income Taxes Paid |
|
-1.99 |
2.02 |
9.07 |
0.81 |
-11 |
0.00 |
- |
- |
-4.59 |
0.19 |
1.43 |
Annual Balance Sheets for NB Bancorp
This table presents NB Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
2022 |
2023 |
2024 |
2025 |
| Total Assets |
3,592 |
4,533 |
5,158 |
7,006 |
| Cash and Due from Banks |
131 |
90 |
211 |
326 |
| Federal Funds Sold |
25 |
182 |
153 |
82 |
| Trading Account Securities |
245 |
189 |
228 |
269 |
| Loans and Leases, Net of Allowance |
2,965 |
3,857 |
4,294 |
5,899 |
| Loans and Leases |
3,015 |
3,889 |
4,333 |
5,986 |
| Allowance for Loan and Lease Losses |
50 |
32 |
39 |
87 |
| Loans Held for Sale |
- |
- |
0.00 |
66 |
| Premises and Equipment, Net |
35 |
36 |
35 |
46 |
| Goodwill |
- |
- |
0.00 |
19 |
| Intangible Assets |
- |
- |
1.08 |
19 |
| Other Assets |
165 |
179 |
236 |
280 |
| Total Liabilities & Shareholders' Equity |
3,592 |
4,533 |
5,158 |
7,006 |
| Total Liabilities |
3,248 |
3,775 |
4,393 |
6,147 |
| Non-Interest Bearing Deposits |
2,887 |
3,387 |
4,178 |
5,854 |
| Interest Bearing Deposits |
4.06 |
4.23 |
4.55 |
5.19 |
| Long-Term Debt |
293 |
283 |
121 |
196 |
| Other Long-Term Liabilities |
64 |
101 |
90 |
92 |
| Total Equity & Noncontrolling Interests |
344 |
758 |
765 |
859 |
| Total Preferred & Common Equity |
344 |
758 |
765 |
859 |
| Preferred Stock |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Common Equity |
344 |
758 |
765 |
859 |
| Common Stock |
0.00 |
417 |
418 |
459 |
| Retained Earnings |
358 |
366 |
400 |
445 |
| Accumulated Other Comprehensive Income / (Loss) |
-14 |
-12 |
-8.17 |
-3.14 |
| Other Equity Adjustments |
0.00 |
-14 |
-45 |
-42 |
Quarterly Balance Sheets for NB Bancorp
This table presents NB Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.
| Metric |
|
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q1 2026 |
Q2 2026 |
| Total Assets |
|
4,650 |
4,805 |
5,003 |
5,242 |
5,227 |
5,442 |
7,226 |
7,447 |
| Cash and Due from Banks |
|
164 |
170 |
148 |
201 |
157 |
198 |
328 |
373 |
| Federal Funds Sold |
|
151 |
159 |
169 |
112 |
102 |
98 |
48 |
28 |
| Trading Account Securities |
|
207 |
205 |
203 |
235 |
235 |
231 |
277 |
273 |
| Loans and Leases, Net of Allowance |
|
3,920 |
4,059 |
4,211 |
4,426 |
4,499 |
4,673 |
6,130 |
6,341 |
| Loans and Leases |
|
3,955 |
4,097 |
4,249 |
4,465 |
4,541 |
4,716 |
6,210 |
6,423 |
| Allowance for Loan and Lease Losses |
|
34 |
38 |
38 |
38 |
43 |
43 |
80 |
82 |
| Loans Held for Sale |
|
- |
- |
- |
- |
- |
- |
64 |
60 |
| Premises and Equipment, Net |
|
35 |
35 |
35 |
34 |
34 |
34 |
47 |
49 |
| Goodwill |
|
- |
- |
- |
- |
- |
- |
19 |
19 |
| Intangible Assets |
|
- |
- |
- |
- |
- |
- |
18 |
18 |
| Other Assets |
|
148 |
177 |
237 |
234 |
200 |
209 |
296 |
288 |
| Total Liabilities & Shareholders' Equity |
|
4,650 |
4,805 |
5,003 |
5,242 |
5,227 |
5,442 |
7,226 |
7,447 |
| Total Liabilities |
|
3,898 |
4,061 |
4,255 |
4,503 |
4,489 |
4,705 |
6,384 |
6,605 |
| Non-Interest Bearing Deposits |
|
3,772 |
3,918 |
4,043 |
4,327 |
4,268 |
4,566 |
6,097 |
6,320 |
| Interest Bearing Deposits |
|
4.30 |
4.02 |
4.40 |
4.46 |
4.12 |
4.54 |
4.86 |
4.42 |
| Long-Term Debt |
|
61 |
61 |
116 |
91 |
128 |
41 |
190 |
181 |
| Other Long-Term Liabilities |
|
61 |
78 |
92 |
81 |
90 |
94 |
92 |
99 |
| Total Equity & Noncontrolling Interests |
|
734 |
744 |
747 |
740 |
737 |
737 |
843 |
842 |
| Total Preferred & Common Equity |
|
734 |
744 |
747 |
740 |
737 |
737 |
843 |
842 |
| Preferred Stock |
|
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Total Common Equity |
|
734 |
744 |
747 |
740 |
737 |
737 |
843 |
842 |
| Common Stock |
|
417 |
417 |
417 |
377 |
359 |
343 |
433 |
416 |
| Retained Earnings |
|
375 |
384 |
383 |
413 |
428 |
440 |
457 |
475 |
| Accumulated Other Comprehensive Income / (Loss) |
|
-12 |
-11 |
-7.14 |
-6.47 |
-6.14 |
-3.12 |
-5.63 |
-7.96 |
| Other Equity Adjustments |
|
-47 |
-46 |
-45 |
-44 |
-44 |
-43 |
-42 |
-41 |
Annual Metrics And Ratios for NB Bancorp
This table displays calculated financial ratios and metrics derived from NB Bancorp's official financial filings.
| Metric |
2022 |
2023 |
2024 |
2025 |
| DEI Shares Outstanding |
0.00 |
0.00 |
42,705,729.00 |
39,826,446.00 |
| DEI Adjusted Shares Outstanding |
0.00 |
0.00 |
42,705,729.00 |
39,826,446.00 |
| DEI Earnings Per Adjusted Shares Outstanding |
0.00 |
0.00 |
0.99 |
1.26 |
| Growth Metrics |
- |
- |
- |
- |
| Revenue Growth |
0.00% |
28.55% |
18.14% |
22.96% |
| EBITDA Growth |
0.00% |
-54.69% |
230.14% |
20.96% |
| EBIT Growth |
0.00% |
-67.45% |
394.92% |
21.35% |
| NOPAT Growth |
0.00% |
-67.32% |
329.00% |
19.34% |
| Net Income Growth |
0.00% |
-67.32% |
329.00% |
19.34% |
| EPS Growth |
0.00% |
0.00% |
365.22% |
25.23% |
| Operating Cash Flow Growth |
0.00% |
33.20% |
-18.36% |
40.76% |
| Free Cash Flow Firm Growth |
0.00% |
0.00% |
150.07% |
-160.20% |
| Invested Capital Growth |
0.00% |
63.43% |
-14.91% |
19.09% |
| Revenue Q/Q Growth |
0.00% |
0.00% |
0.00% |
0.00% |
| EBITDA Q/Q Growth |
0.00% |
0.00% |
0.00% |
0.00% |
| EBIT Q/Q Growth |
0.00% |
0.00% |
0.00% |
0.00% |
| NOPAT Q/Q Growth |
0.00% |
0.00% |
0.00% |
0.00% |
| Net Income Q/Q Growth |
0.00% |
0.00% |
0.00% |
0.00% |
| EPS Q/Q Growth |
0.00% |
0.00% |
0.00% |
0.00% |
| Operating Cash Flow Q/Q Growth |
0.00% |
0.00% |
0.00% |
0.00% |
| Free Cash Flow Firm Q/Q Growth |
0.00% |
0.00% |
0.00% |
758.35% |
| Invested Capital Q/Q Growth |
0.00% |
0.00% |
2.57% |
35.54% |
| Profitability Metrics |
- |
- |
- |
- |
| EBITDA Margin |
36.67% |
12.93% |
36.12% |
71.06% |
| EBIT Margin |
31.81% |
8.05% |
33.74% |
33.29% |
| Profit (Net Income) Margin |
26.28% |
6.68% |
24.26% |
23.54% |
| Tax Burden Percent |
82.62% |
82.95% |
71.90% |
141.43% |
| Interest Burden Percent |
100.00% |
100.00% |
100.00% |
100.00% |
| Effective Tax Rate |
17.38% |
17.05% |
28.10% |
58.57% |
| Return on Invested Capital (ROIC) |
4.72% |
1.17% |
4.37% |
5.18% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
4.72% |
1.17% |
4.37% |
5.18% |
| Return on Net Nonoperating Assets (RNNOA) |
4.02% |
0.61% |
1.16% |
1.01% |
| Return on Equity (ROE) |
8.74% |
1.78% |
5.53% |
6.19% |
| Cash Return on Invested Capital (CROIC) |
0.00% |
-46.99% |
20.49% |
-12.25% |
| Operating Return on Assets (OROA) |
1.01% |
0.29% |
1.21% |
1.17% |
| Return on Assets (ROA) |
0.84% |
0.24% |
0.87% |
0.83% |
| Return on Common Equity (ROCE) |
8.74% |
1.78% |
5.53% |
6.19% |
| Return on Equity Simple (ROE_SIMPLE) |
8.74% |
1.30% |
5.51% |
5.86% |
| Net Operating Profit after Tax (NOPAT) |
30 |
9.83 |
42 |
50 |
| NOPAT Margin |
26.28% |
6.68% |
24.26% |
47.09% |
| Net Nonoperating Expense Percent (NNEP) |
0.00% |
0.00% |
0.00% |
0.00% |
| SG&A Expenses to Revenue |
53.27% |
70.79% |
49.10% |
93.04% |
| Operating Expenses to Revenue |
62.34% |
82.51% |
59.29% |
64.53% |
| Earnings before Interest and Taxes (EBIT) |
36 |
12 |
59 |
71 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
42 |
19 |
63 |
76 |
| Valuation Ratios |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
1.04 |
0.73 |
0.91 |
0.86 |
| Price to Tangible Book Value (P/TBV) |
1.04 |
0.73 |
0.91 |
0.90 |
| Price to Revenue (P/Rev) |
3.12 |
3.78 |
4.02 |
3.46 |
| Price to Earnings (P/E) |
11.86 |
56.52 |
16.58 |
14.68 |
| Dividend Yield |
0.00% |
0.00% |
0.00% |
1.43% |
| Earnings Yield |
8.43% |
1.77% |
6.03% |
6.81% |
| Enterprise Value to Invested Capital (EV/IC) |
0.77 |
0.54 |
0.51 |
0.50 |
| Enterprise Value to Revenue (EV/Rev) |
4.31 |
3.85 |
2.62 |
2.47 |
| Enterprise Value to EBITDA (EV/EBITDA) |
11.75 |
29.77 |
7.26 |
6.94 |
| Enterprise Value to EBIT (EV/EBIT) |
13.55 |
47.79 |
7.78 |
17.79 |
| Enterprise Value to NOPAT (EV/NOPAT) |
16.40 |
57.61 |
10.82 |
10.48 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
12.41 |
10.70 |
10.56 |
8.67 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
0.00 |
0.00 |
2.31 |
0.00 |
| Leverage & Solvency |
- |
- |
- |
- |
| Debt to Equity |
0.85 |
0.37 |
0.16 |
0.23 |
| Long-Term Debt to Equity |
0.85 |
0.37 |
0.16 |
0.23 |
| Financial Leverage |
0.85 |
0.52 |
0.27 |
0.20 |
| Leverage Ratio |
10.44 |
7.37 |
6.36 |
7.49 |
| Compound Leverage Factor |
10.44 |
7.37 |
6.36 |
7.49 |
| Debt to Total Capital |
46.00% |
27.21% |
13.64% |
18.60% |
| Short-Term Debt to Total Capital |
0.00% |
0.00% |
0.00% |
0.00% |
| Long-Term Debt to Total Capital |
46.00% |
27.21% |
13.64% |
18.60% |
| Preferred Equity to Total Capital |
0.00% |
0.00% |
0.00% |
0.00% |
| Noncontrolling Interests to Total Capital |
0.00% |
0.00% |
0.00% |
0.00% |
| Common Equity to Total Capital |
54.00% |
72.79% |
86.36% |
81.40% |
| Debt to EBITDA |
6.99 |
14.90 |
1.93 |
2.58 |
| Net Debt to EBITDA |
3.25 |
0.57 |
-3.87 |
-2.79 |
| Long-Term Debt to EBITDA |
6.99 |
14.90 |
1.93 |
2.58 |
| Debt to NOPAT |
9.75 |
28.84 |
2.87 |
3.90 |
| Net Debt to NOPAT |
4.54 |
1.09 |
-5.77 |
-4.21 |
| Long-Term Debt to NOPAT |
9.75 |
28.84 |
2.87 |
3.90 |
| Noncontrolling Interest Sharing Ratio |
0.00% |
0.00% |
0.00% |
0.00% |
| Liquidity Ratios |
- |
- |
- |
- |
| Cash Flow Metrics |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
0.00 |
-394 |
197 |
-119 |
| Operating Cash Flow to CapEx |
467.33% |
1,846.39% |
2,228.48% |
3,558.21% |
| Free Cash Flow to Firm to Interest Expense |
0.00 |
-4.36 |
1.50 |
-0.86 |
| Operating Cash Flow to Interest Expense |
2.55 |
0.58 |
0.33 |
0.88 |
| Operating Cash Flow Less CapEx to Interest Expense |
2.01 |
0.55 |
0.31 |
0.41 |
| Efficiency Ratios |
- |
- |
- |
- |
| Asset Turnover |
0.03 |
0.04 |
0.04 |
0.00 |
| Fixed Asset Turnover |
3.24 |
4.15 |
4.95 |
5.28 |
| Capital & Investment Metrics |
- |
- |
- |
- |
| Invested Capital |
637 |
1,041 |
886 |
1,055 |
| Invested Capital Turnover |
0.18 |
0.18 |
0.18 |
0.22 |
| Increase / (Decrease) in Invested Capital |
0.00 |
404 |
-155 |
169 |
| Enterprise Value (EV) |
493 |
566 |
456 |
527 |
| Market Capitalization |
357 |
555 |
699 |
739 |
| Book Value per Share |
$9.65 |
$18.04 |
$17.92 |
$21.57 |
| Tangible Book Value per Share |
$9.65 |
$18.04 |
$17.89 |
$20.62 |
| Total Capital |
637 |
1,041 |
886 |
1,055 |
| Total Debt |
293 |
283 |
121 |
196 |
| Total Long-Term Debt |
293 |
283 |
121 |
196 |
| Net Debt |
137 |
11 |
-243 |
-212 |
| Capital Expenditures (CapEx) |
8.50 |
2.87 |
1.94 |
3.42 |
| Net Nonoperating Expense (NNE) |
0.00 |
0.00 |
0.00 |
0.00 |
| Net Nonoperating Obligations (NNO) |
293 |
283 |
121 |
196 |
| Total Depreciation and Amortization (D&A) |
5.57 |
7.17 |
4.14 |
4.78 |
| Earnings Adjustments |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
$0.00 |
$0.23 |
$1.07 |
$1.34 |
| Adjusted Weighted Average Basic Shares Outstanding |
0.00 |
42.02M |
39.39M |
37.41M |
| Adjusted Diluted Earnings per Share |
$0.00 |
$0.23 |
$1.07 |
$1.34 |
| Adjusted Weighted Average Diluted Shares Outstanding |
0.00 |
42.02M |
39.39M |
37.63M |
| Adjusted Basic & Diluted Earnings per Share |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
0.00 |
42.71M |
41.84M |
45.60M |
| Normalized Net Operating Profit after Tax (NOPAT) |
30 |
9.83 |
42 |
63 |
| Normalized NOPAT Margin |
26.28% |
6.68% |
24.26% |
29.26% |
| Pre Tax Income Margin |
31.81% |
8.05% |
33.74% |
33.29% |
| Debt Service Ratios |
- |
- |
- |
- |
| EBIT to Interest Expense |
2.34 |
0.13 |
0.45 |
0.51 |
| NOPAT to Interest Expense |
1.93 |
0.11 |
0.32 |
0.36 |
| EBIT Less CapEx to Interest Expense |
1.79 |
0.10 |
0.43 |
0.98 |
| NOPAT Less CapEx to Interest Expense |
1.39 |
0.08 |
0.31 |
0.34 |
| Payout Ratios |
- |
- |
- |
- |
| Dividend Payout Ratio |
0.00% |
0.00% |
0.00% |
22.17% |
| Augmented Payout Ratio |
0.00% |
0.00% |
0.00% |
164.41% |
Quarterly Metrics And Ratios for NB Bancorp
This table displays calculated financial ratios and metrics derived from NB Bancorp's official financial filings.
| Metric |
|
Q4 2023 |
Q1 2024 |
Q2 2024 |
Q3 2024 |
Q4 2024 |
Q1 2025 |
Q2 2025 |
Q3 2025 |
Q4 2025 |
Q1 2026 |
Q2 2026 |
| DEI Shares Outstanding |
|
0.00 |
42,705,729.00 |
42,705,729.00 |
42,705,729.00 |
42,705,729.00 |
41,842,641.00 |
40,570,443.00 |
39,826,446.00 |
39,826,446.00 |
45,604,774.00 |
44,706,163.00 |
| DEI Adjusted Shares Outstanding |
|
0.00 |
42,705,729.00 |
42,705,729.00 |
42,705,729.00 |
42,705,729.00 |
41,842,641.00 |
40,570,443.00 |
39,826,446.00 |
39,826,446.00 |
45,604,774.00 |
44,706,163.00 |
| DEI Earnings Per Adjusted Shares Outstanding |
|
0.00 |
0.20 |
0.22 |
0.20 |
0.37 |
0.30 |
0.36 |
0.39 |
0.00 |
0.33 |
0.47 |
| Growth Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Revenue Growth |
|
0.00% |
13.61% |
19.71% |
16.29% |
22.84% |
12.52% |
22.98% |
21.45% |
0.00% |
92.70% |
45.66% |
| EBITDA Growth |
|
0.00% |
-4.94% |
45.64% |
27.95% |
211.13% |
41.91% |
53.91% |
39.22% |
-89.32% |
32.28% |
54.89% |
| EBIT Growth |
|
0.00% |
1.33% |
79.65% |
32.94% |
195.61% |
44.72% |
58.34% |
29.79% |
-100.00% |
31.68% |
46.88% |
| NOPAT Growth |
|
0.00% |
-0.58% |
51.86% |
-0.99% |
210.62% |
45.44% |
54.23% |
83.25% |
-100.00% |
18.40% |
44.89% |
| Net Income Growth |
|
0.00% |
-0.58% |
103.71% |
-0.99% |
214.63% |
45.44% |
54.23% |
83.25% |
0.00% |
18.40% |
44.89% |
| EPS Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
73.91% |
50.00% |
62.50% |
104.76% |
0.00% |
9.09% |
35.90% |
| Operating Cash Flow Growth |
|
0.00% |
-237.00% |
0.00% |
-47.46% |
60.98% |
374.42% |
9.46% |
0.00% |
-102.07% |
174.74% |
26.41% |
| Free Cash Flow Firm Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
99.39% |
94.37% |
111.77% |
-198.98% |
-3,729.05% |
-206.39% |
| Invested Capital Growth |
|
0.00% |
0.00% |
0.00% |
0.00% |
-14.91% |
2.16% |
7.38% |
-9.87% |
19.09% |
24.33% |
18.33% |
| Revenue Q/Q Growth |
|
5.21% |
9.35% |
-2.05% |
2.12% |
11.14% |
0.16% |
8.18% |
0.86% |
0.00% |
0.00% |
7.67% |
| EBITDA Q/Q Growth |
|
-242.61% |
170.36% |
-11.83% |
35.53% |
23.86% |
-10.15% |
2.05% |
5.32% |
-88.94% |
1,012.73% |
19.49% |
| EBIT Q/Q Growth |
|
-274.27% |
160.22% |
-2.62% |
30.10% |
25.33% |
-8.86% |
6.55% |
6.64% |
-100.00% |
0.00% |
35.09% |
| NOPAT Q/Q Growth |
|
-266.68% |
161.65% |
8.64% |
-11.32% |
86.23% |
-18.94% |
15.20% |
5.37% |
-100.00% |
0.00% |
40.97% |
| Net Income Q/Q Growth |
|
-260.85% |
163.89% |
8.64% |
-11.32% |
86.23% |
-18.94% |
15.20% |
5.37% |
0.00% |
0.00% |
40.97% |
| EPS Q/Q Growth |
|
0.00% |
-4.35% |
18.18% |
-12.50% |
90.48% |
-17.50% |
18.18% |
10.26% |
0.00% |
0.00% |
47.22% |
| Operating Cash Flow Q/Q Growth |
|
-19.41% |
-186.31% |
316.54% |
-65.11% |
146.92% |
-53.25% |
171.79% |
0.00% |
0.00% |
6,311.59% |
25.05% |
| Free Cash Flow Firm Q/Q Growth |
|
0.00% |
0.00% |
2.08% |
-7.48% |
119.98% |
-102.86% |
-818.03% |
324.45% |
512.14% |
-10.57% |
26.54% |
| Invested Capital Q/Q Growth |
|
0.00% |
-21.93% |
-0.94% |
7.26% |
2.57% |
-6.27% |
4.13% |
-9.97% |
35.54% |
-2.15% |
-0.89% |
| Profitability Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBITDA Margin |
|
-48.28% |
31.06% |
59.06% |
39.19% |
43.67% |
78.35% |
36.96% |
77.18% |
0.00% |
35.41% |
39.30% |
| EBIT Margin |
|
-52.33% |
28.81% |
56.70% |
36.11% |
40.73% |
37.06% |
36.50% |
38.59% |
0.00% |
29.33% |
36.80% |
| Profit (Net Income) Margin |
|
-35.35% |
20.65% |
45.33% |
19.68% |
32.98% |
26.69% |
28.43% |
29.70% |
0.00% |
43.19% |
28.28% |
| Tax Burden Percent |
|
67.55% |
71.67% |
79.96% |
54.51% |
80.99% |
72.03% |
77.88% |
76.96% |
0.00% |
73.62% |
76.83% |
| Interest Burden Percent |
|
100.00% |
100.00% |
200.00% |
100.00% |
100.00% |
100.00% |
100.00% |
200.00% |
0.00% |
200.00% |
100.00% |
| Effective Tax Rate |
|
0.00% |
28.33% |
20.04% |
45.49% |
19.01% |
27.97% |
22.12% |
23.04% |
0.00% |
26.38% |
23.17% |
| Return on Invested Capital (ROIC) |
|
-5.17% |
0.00% |
0.00% |
0.00% |
5.95% |
0.00% |
6.42% |
0.00% |
0.00% |
5.46% |
0.00% |
| ROIC Less NNEP Spread (ROIC-NNEP) |
|
-5.00% |
0.00% |
0.00% |
0.00% |
5.95% |
0.00% |
6.42% |
0.00% |
0.00% |
5.46% |
0.00% |
| Return on Net Nonoperating Assets (RNNOA) |
|
-1.87% |
0.00% |
0.00% |
0.00% |
1.58% |
0.00% |
0.82% |
0.00% |
0.00% |
0.97% |
0.00% |
| Return on Equity (ROE) |
|
-7.04% |
0.00% |
0.00% |
0.00% |
7.53% |
0.00% |
7.24% |
0.00% |
0.00% |
6.43% |
0.00% |
| Cash Return on Invested Capital (CROIC) |
|
-37.87% |
0.00% |
0.00% |
0.00% |
20.49% |
-2.13% |
-0.98% |
10.39% |
-12.25% |
-16.04% |
-16.79% |
| Operating Return on Assets (OROA) |
|
-1.89% |
0.00% |
0.00% |
0.00% |
1.46% |
0.00% |
1.37% |
0.00% |
0.00% |
1.11% |
0.00% |
| Return on Assets (ROA) |
|
-1.28% |
0.00% |
0.00% |
0.00% |
1.18% |
0.00% |
1.07% |
0.00% |
0.00% |
0.82% |
0.00% |
| Return on Common Equity (ROCE) |
|
-7.04% |
0.00% |
0.00% |
0.00% |
7.53% |
0.00% |
7.24% |
0.00% |
0.00% |
6.43% |
0.00% |
| Return on Equity Simple (ROE_SIMPLE) |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
6.95% |
0.00% |
0.00% |
6.24% |
0.00% |
| Net Operating Profit after Tax (NOPAT) |
|
-14 |
8.70 |
9.45 |
8.38 |
16 |
13 |
15 |
15 |
0.00 |
15 |
21 |
| NOPAT Margin |
|
-36.63% |
20.65% |
45.33% |
19.68% |
32.98% |
53.39% |
28.43% |
59.40% |
0.00% |
21.60% |
28.28% |
| Net Nonoperating Expense Percent (NNEP) |
|
-0.17% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| SG&A Expenses to Revenue |
|
123.88% |
51.34% |
51.86% |
50.87% |
43.09% |
51.34% |
45.78% |
46.51% |
0.00% |
48.18% |
46.11% |
| Operating Expenses to Revenue |
|
137.26% |
60.68% |
125.72% |
57.73% |
56.31% |
121.00% |
57.34% |
117.42% |
0.00% |
123.09% |
58.92% |
| Earnings before Interest and Taxes (EBIT) |
|
-20 |
12 |
12 |
15 |
19 |
18 |
19 |
20 |
0.00 |
20 |
27 |
| Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA) |
|
-19 |
13 |
12 |
17 |
21 |
19 |
19 |
20 |
2.21 |
25 |
29 |
| Valuation Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Price to Book Value (P/BV) |
|
0.73 |
0.73 |
0.78 |
0.96 |
0.91 |
0.93 |
0.89 |
0.84 |
0.86 |
1.03 |
1.00 |
| Price to Tangible Book Value (P/TBV) |
|
0.73 |
0.73 |
0.78 |
0.96 |
0.91 |
0.93 |
0.89 |
0.84 |
0.90 |
1.08 |
1.05 |
| Price to Revenue (P/Rev) |
|
3.78 |
0.00 |
0.00 |
0.00 |
4.02 |
0.00 |
3.49 |
0.00 |
3.46 |
3.68 |
0.00 |
| Price to Earnings (P/E) |
|
56.52 |
0.00 |
0.00 |
0.00 |
16.58 |
0.00 |
12.86 |
0.00 |
14.68 |
16.48 |
0.00 |
| Dividend Yield |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.40% |
0.71% |
1.00% |
1.33% |
| Earnings Yield |
|
1.77% |
0.00% |
0.00% |
0.00% |
6.03% |
0.00% |
7.77% |
0.00% |
13.62% |
6.07% |
0.00% |
| Enterprise Value to Invested Capital (EV/IC) |
|
0.54 |
0.34 |
0.39 |
0.60 |
0.51 |
0.56 |
0.61 |
0.47 |
0.50 |
0.66 |
0.61 |
| Enterprise Value to Revenue (EV/Rev) |
|
3.85 |
0.00 |
0.00 |
0.00 |
2.62 |
0.00 |
2.80 |
0.00 |
5.92 |
2.89 |
0.00 |
| Enterprise Value to EBITDA (EV/EBITDA) |
|
29.77 |
0.00 |
0.00 |
0.00 |
7.26 |
0.00 |
7.05 |
0.00 |
6.94 |
16.64 |
64.80 |
| Enterprise Value to EBIT (EV/EBIT) |
|
47.79 |
0.00 |
0.00 |
0.00 |
7.78 |
0.00 |
7.44 |
0.00 |
7.41 |
9.22 |
0.00 |
| Enterprise Value to NOPAT (EV/NOPAT) |
|
57.61 |
0.00 |
0.00 |
0.00 |
10.82 |
0.00 |
10.30 |
0.00 |
10.48 |
12.95 |
0.00 |
| Enterprise Value to Operating Cash Flow (EV/OCF) |
|
10.70 |
0.00 |
0.00 |
0.00 |
10.56 |
0.00 |
7.89 |
0.00 |
8.67 |
17.43 |
7.31 |
| Enterprise Value to Free Cash Flow (EV/FCFF) |
|
0.00 |
0.00 |
0.00 |
0.00 |
2.31 |
0.00 |
0.00 |
8.57 |
0.00 |
0.00 |
0.00 |
| Leverage & Solvency |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Debt to Equity |
|
0.37 |
0.08 |
0.08 |
0.16 |
0.16 |
0.25 |
0.17 |
0.06 |
0.23 |
0.23 |
0.22 |
| Long-Term Debt to Equity |
|
0.37 |
0.08 |
0.08 |
0.16 |
0.16 |
0.12 |
0.17 |
0.06 |
0.00 |
0.23 |
0.22 |
| Financial Leverage |
|
0.37 |
0.11 |
0.16 |
0.16 |
0.27 |
0.12 |
0.13 |
0.11 |
0.20 |
0.18 |
0.20 |
| Leverage Ratio |
|
7.37 |
6.34 |
6.45 |
6.69 |
6.36 |
6.71 |
6.77 |
14.07 |
7.49 |
7.88 |
8.03 |
| Compound Leverage Factor |
|
7.37 |
6.34 |
6.45 |
6.69 |
6.36 |
6.71 |
6.77 |
7.04 |
0.00 |
7.88 |
8.03 |
| Debt to Total Capital |
|
27.21% |
7.66% |
7.55% |
13.47% |
13.64% |
10.94% |
14.76% |
10.65% |
18.60% |
18.37% |
17.71% |
| Short-Term Debt to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Long-Term Debt to Total Capital |
|
27.21% |
7.66% |
7.55% |
13.47% |
13.64% |
10.94% |
14.76% |
10.65% |
18.60% |
18.37% |
17.71% |
| Preferred Equity to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Noncontrolling Interests to Total Capital |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Common Equity to Total Capital |
|
72.79% |
92.34% |
184.89% |
86.53% |
86.36% |
89.06% |
85.24% |
94.68% |
81.40% |
81.63% |
82.29% |
| Debt to EBITDA |
|
14.90 |
0.00 |
0.00 |
0.00 |
1.93 |
0.00 |
1.70 |
0.00 |
2.58 |
2.32 |
18.83 |
| Net Debt to EBITDA |
|
0.57 |
0.00 |
0.00 |
0.00 |
-3.87 |
0.00 |
-1.75 |
0.00 |
-2.79 |
-2.27 |
-22.74 |
| Long-Term Debt to EBITDA |
|
14.90 |
0.00 |
0.00 |
0.00 |
1.93 |
0.00 |
1.70 |
0.00 |
2.58 |
4.63 |
18.83 |
| Debt to NOPAT |
|
28.84 |
0.00 |
0.00 |
0.00 |
2.87 |
0.00 |
2.49 |
0.00 |
3.90 |
3.60 |
0.00 |
| Net Debt to NOPAT |
|
1.09 |
0.00 |
0.00 |
0.00 |
-5.77 |
0.00 |
-2.56 |
0.00 |
-4.21 |
-3.53 |
0.00 |
| Long-Term Debt to NOPAT |
|
28.84 |
0.00 |
0.00 |
0.00 |
2.87 |
0.00 |
2.49 |
0.00 |
3.90 |
3.60 |
0.00 |
| Noncontrolling Interest Sharing Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
| Liquidity Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Cash Flow Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Free Cash Flow to Firm (FCFF) |
|
0.00 |
-804 |
-796 |
-855 |
171 |
-4.89 |
-45 |
101 |
-169 |
-187 |
-137 |
| Operating Cash Flow to CapEx |
|
5,530.13% |
-4,224.81% |
2,772.28% |
3,934.70% |
3,813.08% |
9,211.11% |
2,849.10% |
0.00% |
-21.40% |
1,348.35% |
1,180.59% |
| Free Cash Flow to Firm to Interest Expense |
|
0.00 |
-27.21 |
-24.56 |
-24.67 |
4.93 |
-0.29 |
-1.37 |
3.00 |
0.00 |
-9.17 |
-3.22 |
| Operating Cash Flow to Interest Expense |
|
0.46 |
-0.39 |
0.76 |
0.25 |
0.61 |
0.30 |
0.82 |
0.00 |
0.00 |
1.34 |
0.80 |
| Operating Cash Flow Less CapEx to Interest Expense |
|
0.45 |
-0.40 |
0.73 |
0.24 |
0.60 |
0.59 |
0.79 |
0.00 |
0.00 |
0.62 |
0.73 |
| Efficiency Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Asset Turnover |
|
0.04 |
0.00 |
0.00 |
0.00 |
0.04 |
0.00 |
0.04 |
0.00 |
0.04 |
0.04 |
0.00 |
| Fixed Asset Turnover |
|
4.15 |
0.00 |
0.00 |
0.00 |
4.95 |
0.00 |
5.42 |
0.00 |
5.28 |
11.58 |
0.00 |
| Capital & Investment Metrics |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Invested Capital |
|
1,041 |
813 |
805 |
864 |
886 |
830 |
865 |
778 |
1,055 |
1,032 |
1,023 |
| Invested Capital Turnover |
|
0.14 |
0.00 |
0.00 |
0.00 |
0.18 |
0.00 |
0.23 |
0.00 |
0.22 |
0.51 |
0.00 |
| Increase / (Decrease) in Invested Capital |
|
0.00 |
813 |
805 |
864 |
-155 |
18 |
59 |
-85 |
169 |
202 |
159 |
| Enterprise Value (EV) |
|
566 |
278 |
314 |
516 |
456 |
465 |
528 |
366 |
527 |
681 |
624 |
| Market Capitalization |
|
555 |
533 |
582 |
716 |
699 |
688 |
659 |
620 |
739 |
867 |
843 |
| Book Value per Share |
|
$18.04 |
$17.18 |
$17.43 |
$17.50 |
$17.92 |
$17.68 |
$18.17 |
$18.51 |
$21.57 |
$18.48 |
$18.83 |
| Tangible Book Value per Share |
|
$18.04 |
$17.18 |
$17.43 |
$17.50 |
$17.89 |
$17.68 |
$18.17 |
$18.51 |
$20.62 |
$17.67 |
$18.03 |
| Total Capital |
|
1,041 |
795 |
805 |
864 |
886 |
830 |
865 |
778 |
1,055 |
1,032 |
1,023 |
| Total Debt |
|
283 |
61 |
61 |
116 |
121 |
91 |
128 |
41 |
196 |
190 |
181 |
| Total Long-Term Debt |
|
283 |
61 |
61 |
116 |
121 |
91 |
128 |
41 |
196 |
190 |
181 |
| Net Debt |
|
11 |
-254 |
-268 |
-201 |
-243 |
-223 |
-131 |
-254 |
-212 |
-186 |
-219 |
| Capital Expenditures (CapEx) |
|
0.24 |
0.27 |
0.89 |
0.22 |
0.56 |
0.11 |
0.95 |
0.00 |
2.06 |
2.03 |
2.90 |
| Net Nonoperating Expense (NNE) |
|
-0.49 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
0.00 |
| Net Nonoperating Obligations (NNO) |
|
283 |
79 |
61 |
116 |
121 |
91 |
128 |
41 |
196 |
190 |
181 |
| Total Depreciation and Amortization (D&A) |
|
1.56 |
0.95 |
0.49 |
1.31 |
1.40 |
1.00 |
0.23 |
0.00 |
2.21 |
4.22 |
1.86 |
| Earnings Adjustments |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Adjusted Basic Earnings per Share |
|
$0.23 |
$0.22 |
$0.24 |
$0.21 |
$0.40 |
$0.33 |
$0.39 |
$0.43 |
$0.00 |
$0.37 |
$0.53 |
| Adjusted Weighted Average Basic Shares Outstanding |
|
42.02M |
39.69M |
39.29M |
39.29M |
39.39M |
38.76M |
37.19M |
35.37M |
37.41M |
40.97M |
39.69M |
| Adjusted Diluted Earnings per Share |
|
$0.23 |
$0.22 |
$0.24 |
$0.21 |
$0.40 |
$0.33 |
$0.39 |
$0.43 |
$0.00 |
$0.36 |
$0.53 |
| Adjusted Weighted Average Diluted Shares Outstanding |
|
42.02M |
39.69M |
39.29M |
39.29M |
39.39M |
38.76M |
37.55M |
35.58M |
37.63M |
41.42M |
40.00M |
| Adjusted Basic & Diluted Earnings per Share |
|
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Adjusted Weighted Average Basic & Diluted Shares Outstanding |
|
42.71M |
42.71M |
42.71M |
42.71M |
41.84M |
40.57M |
39.83M |
39.83M |
45.60M |
89.41M |
43.82M |
| Normalized Net Operating Profit after Tax (NOPAT) |
|
-14 |
8.70 |
9.45 |
8.38 |
16 |
13 |
15 |
16 |
0.00 |
15 |
21 |
| Normalized NOPAT Margin |
|
-36.63% |
20.65% |
22.67% |
19.68% |
32.98% |
26.69% |
28.43% |
31.18% |
0.00% |
22.16% |
28.28% |
| Pre Tax Income Margin |
|
-52.33% |
28.81% |
28.35% |
36.11% |
40.73% |
74.12% |
36.50% |
38.59% |
0.00% |
29.33% |
36.80% |
| Debt Service Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| EBIT to Interest Expense |
|
-0.69 |
0.41 |
0.73 |
0.44 |
0.56 |
0.53 |
0.57 |
0.60 |
0.00 |
1.00 |
0.64 |
| NOPAT to Interest Expense |
|
-0.49 |
0.29 |
0.29 |
0.24 |
0.45 |
0.76 |
0.44 |
0.46 |
0.00 |
0.37 |
0.50 |
| EBIT Less CapEx to Interest Expense |
|
-0.70 |
0.40 |
0.34 |
0.44 |
0.54 |
0.52 |
0.54 |
0.60 |
0.00 |
0.90 |
0.58 |
| NOPAT Less CapEx to Interest Expense |
|
-0.49 |
0.29 |
0.26 |
0.24 |
0.43 |
0.75 |
0.42 |
0.46 |
0.00 |
0.32 |
0.43 |
| Payout Ratios |
|
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
- |
| Dividend Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
11.08% |
16.68% |
0.00% |
| Augmented Payout Ratio |
|
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
0.00% |
116.33% |
0.00% |
164.41% |
277.30% |
0.00% |
Key Financial Trends
NB Bancorp (NASDAQ:NBBK) has shown strong growth in scale and profitability through the second quarter of 2026. Net income increased to $21.1 million in Q2 2026 from $15.0 million in Q1 2026 and $14.6 million in Q2 2025. Earnings per share rose to $0.53 from $0.37 in the prior quarter and $0.39 a year earlier. The company has also moved well beyond its $13.6 million net loss in Q4 2023.
Revenue growth has been led by net interest income, which reached $69.1 million in Q2 2026, up from $64.9 million in Q1 2026 and $47.0 million in Q2 2025. Total interest income rose to $111.8 million, although interest expense also increased to $42.6 million as deposit costs continued to climb.
The balance sheet has expanded substantially. Loans and leases grew to $6.4 billion in Q2 2026 from $4.1 billion in Q2 2024, while total assets increased from $4.8 billion to $7.4 billion over the same period. Deposits reached $6.3 billion, providing the primary funding source for the company’s loan growth. However, the allowance for loan losses has more than doubled since Q2 2024, and operating expenses are rising rapidly alongside revenue.
- Profitability continues to improve: Q2 2026 net income of $21.1 million was approximately 41% higher than Q1 2026 and 45% higher than Q2 2025.
- Net interest income is expanding: Net interest income increased approximately 47% year over year to $69.1 million in Q2 2026, reflecting the company’s larger loan portfolio.
- Loan growth has been substantial: Gross loans reached $6.4 billion in Q2 2026, up from $4.1 billion in Q2 2024 and $4.5 billion in Q2 2025.
- Deposit growth supports expansion: Non-interest-bearing deposits grew to $6.3 billion in Q2 2026 from $3.9 billion in Q2 2024, giving NB Bancorp a significant source of funding.
- Operating cash flow strengthened: Net cash from operating activities increased to $34.2 million in Q2 2026 from $27.3 million in Q1 2026 and $27.0 million in Q2 2025.
- Capital remains positive: Total common equity was $842.0 million at June 30, 2026, and the company continued to repurchase common shares and pay dividends.
- Investment activity is reshaping liquidity: NB Bancorp purchased $241.1 million of investment securities in Q2 2026, contributing to negative investing cash flow of $202.0 million, while financing inflows and deposit growth kept total cash positive.
- Share-count trends are mixed: The Q2 2026 weighted average basic share count of 39.7 million was below Q1’s 41.0 million but above Q2 2025’s 37.2 million, so buybacks have not fully offset longer-term share expansion.
- Credit-loss reserves are rising: The allowance for loan and lease losses increased to $82.1 million from $42.6 million in Q2 2024. The reserve ratio also rose from roughly 0.9% of gross loans to about 1.3%, indicating greater credit-risk provisioning as the loan book expands.
- Expense growth is pressuring operating leverage: Total non-interest expense rose to $44.0 million in Q2 2026 from $29.4 million in Q2 2025. Salaries, occupancy costs, marketing and other operating expenses all increased, which could limit future margin expansion.
Overall, the statements show a rapidly growing bank with improving earnings, expanding loans and strong deposit generation. Investors should nevertheless monitor whether credit costs and operating expenses continue to rise faster than revenue, as well as whether higher deposit funding costs begin to slow net interest income growth.
08/17/26 09:41 PM ETAI Generated. May Contain Errors.