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NB Bancorp (NBBK) Financials

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$22.91 -0.07 (-0.30%)
As of 04:00 PM Eastern
Annual Income Statements for NB Bancorp

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.

Metric 2022 2023 2024 2025
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
30 9.83 42 50
Consolidated Net Income / (Loss)
30 9.83 42 50
Net Income / (Loss) Continuing Operations
30 9.83 42 50
Total Pre-Tax Income
36 12 59 71
Total Revenue
114 147 174 214
Net Interest Income / (Expense)
105 132 161 197
Total Interest Income
121 222 293 336
Loans and Leases Interest Income
114 212 271 315
Investment Securities Interest Income
6.95 9.97 22 21
Total Interest Expense
16 90 131 138
Deposits Interest Expense
13 76 127 133
Long-Term Debt Interest Expense
2.86 14 4.40 5.41
Total Non-Interest Income
8.94 15 13 16
Other Service Charges
5.45 0.65 2.72 0.91
Net Realized & Unrealized Capital Gains on Investments
2.33 2.15 -0.21 1.50
Investment Banking Income
- 7.59 7.78 11
Other Non-Interest Income
1.16 4.96 2.27 3.29
Provision for Credit Losses
6.70 14 12 4.65
Total Non-Interest Expense
71 121 103 138
Salaries and Employee Benefits
47 68 67 77
Net Occupancy & Equipment Expense
10 13 15 18
Marketing Expense
3.40 23 3.46 3.84
Property & Liability Insurance Claims
1.83 4.71 2.85 3.37
Other Operating Expenses
8.54 13 15 18
Restructuring Charge
- 0.00 0.00 17
Income Tax Expense
6.32 2.02 16 21
Basic Earnings per Share
$0.00 $0.23 $1.07 $1.34
Weighted Average Basic Shares Outstanding
0.00 42.02M 39.39M 37.41M
Diluted Earnings per Share
$0.00 $0.23 $1.07 $1.34
Weighted Average Diluted Shares Outstanding
0.00 42.02M 39.39M 37.63M
Weighted Average Basic & Diluted Shares Outstanding
- 42.71M 41.84M 45.60M

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
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
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
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
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
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
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
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
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
Period end date 3/31/2024 6/30/2024 9/30/2024 3/31/2025 6/30/2025 9/30/2025 3/31/2026 6/30/2026
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
Period end date 12/31/2022 12/31/2023 12/31/2024 12/31/2025
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
Period end date 12/31/2023 3/31/2024 6/30/2024 9/30/2024 12/31/2024 3/31/2025 6/30/2025 9/30/2025 12/31/2025 3/31/2026 6/30/2026
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%

Financials Breakdown Chart

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.

NB Bancorp Financials - Frequently Asked Questions

According to the most recent income statement we have on file, NB Bancorp's financial year ends in December. Their financial year 2025 ended on December 31, 2025.

NB Bancorp's net income appears to be on an upward trend, with a most recent value of $50.30 million in 2025, rising from $30.07 million in 2022. The previous period was $42.15 million in 2024. See NB Bancorp's forecast for analyst expectations on what's next for the company.

Over the last 3 years, NB Bancorp's total revenue changed from $114.41 million in 2022 to $213.66 million in 2025, a change of 86.8%.

NB Bancorp's total liabilities were at $6.15 billion at the end of 2025, a 40.0% increase from 2024, and a 89.3% increase since 2022.

In the past 3 years, NB Bancorp's cash and equivalents has ranged from $90.49 million in 2023 to $325.97 million in 2025, and is currently $325.97 million as of their latest financial filing in 2025.

Over the last 3 years, NB Bancorp's book value per share changed from 9.65 in 2022 to 21.57 in 2025, a change of 123.5%.



Financial statements for NASDAQ:NBBK last updated on 8/17/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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