NB Bancorp (NBBK) Projected to Post Earnings on Wednesday

NB Bancorp (NASDAQ:NBBKGet Free Report) is expected to be announcing its Q2 2025 earnings results 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:NBBKGet Free Report) last released its quarterly earnings results on Tuesday, April 22nd. The company reported $0.35 EPS for the quarter, meeting the consensus estimate of $0.35. The firm had revenue of $47.39 million for the quarter, compared to analyst estimates of $44.50 million. NB Bancorp had a net margin of 14.73% and a return on equity of 6.61%. 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 2.4%

NBBK stock opened at $18.80 on Wednesday. The firm has a market cap of $762.72 million, a PE ratio of 15.93 and a beta of 0.46. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.08 and a current ratio of 1.08. The firm’s 50 day moving average price is $17.37 and its 200-day moving average price is $17.78. NB Bancorp has a one year low of $15.09 and a one year high of $21.05.

Insider Transactions at NB Bancorp

In other NB Bancorp news, Director Francis Orfanello purchased 5,000 shares of the business’s stock in a transaction on Tuesday, April 29th. The shares were bought at an average cost of $17.09 per share, for a total transaction of $85,450.00. Following the completion of the purchase, the director directly owned 130,237 shares of the company’s stock, valued at approximately $2,225,750.33. This trade represents a 3.99% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.90% of the stock is currently owned by insiders.

Institutional Trading of NB Bancorp

A number of large investors have recently made changes to their positions in NBBK. Millennium Management LLC grew its position in shares of NB Bancorp by 13.1% in the 1st 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 last quarter. Jane Street Group LLC grew its position in NB Bancorp by 54.3% in the 1st 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 last quarter. AQR Capital Management LLC purchased a new position in NB Bancorp in the 1st quarter valued at $253,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of NB Bancorp by 4.4% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,127 shares of the company’s stock valued at $418,000 after acquiring an additional 975 shares in the last quarter.

NB Bancorp Company Profile

(Get Free Report)

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.

Further Reading

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