NBBK
NB Bancorp, Inc.
Next earnings Jul 21, 2026 · consensus $0.48 EPS, $74.7M rev
Last earnings -0.6% on 2026-04-22
$21.30
▲ +0.80%$21.30▲ +27.51%
over 1Y
L $16.64EODHDH $22.56
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+0.8%
1W+4.9%
1M+6.1%
3M+4.8%
YTD+9.8%
1Y+27.5%
Hold
Conviction
Horizon
Medium (3–12mo)
12-mo target
$•••
Street · 8 analysts
Buy
Provident deal turbocharges growth but balloons the loan book and ACL — fair price for a transition year, not a steal.
Diluted EPS $1.34 · FY2025
The read
Middling fundamentals offset by an attractive price (~112% below fair value) — worth a look on the value angle.
NB Bancorp is a small eastern-Massachusetts/southern-New Hampshire thrift in the middle of digesting a transformational acquisition. Total assets jumped 35.8% YoY to $7.01B, loans receivable grew from $4.33B to $5.99B, and core deposits expanded from $3.87B to $5.32B — growth rates that don't come from organic banking. The 10-K's risk factors confirm the catalyst: the 'Provident Acquisition' brought goodwill ($18.5M, up from zero) and a sharp jump in core deposit intangible ($19.3M vs. $1.1M). Net income of $50.3M (+19.3%) and diluted EPS of $1.34 (+25.2%) look strong, but EPS growth outran net income because of $77.1M in buybacks against just $5.6M in dividends — capital return is heavily skewed to repurchases even as share count rose 9.0% YoY from acquisition issuance.
Financials · annual, by fiscal year
| Line item | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|
| Revenue | — | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | $30.1M | $9.82M | $42.1M | $50.3M |
| Diluted EPS | — | $0.23 | $1.07 | $1.34 |
| Net margin | — | — | — | — |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF16.9
PEG (trailing)0.82
Earnings yield5.2%
FCF yield5.9%
Quality & risk
ROIC (est.)—
Free cash flow$57.4M
Total debt—
Net cash$408M
Capital returns
Buyback yield7.9%
Dividend yield (est.)0.6%
Shareholder yield8.5%
Shares Δ YoY+9.0%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRecent disclosure tone has been improving.
- 8-K Other event2026-05-21
Other-events disclosure with exhibits; routine investor/governance update, no material change
- 8-K Other event2026-05-13
Other-events item only; routine corporate disclosure with no financial impact flagged
- 10-Q Quarterly report2026-05-08
Q1'26 10-Q; first full quarter post-Provident integration on the $7B balance sheet
- 8-K Shareholder vote2026-04-29
Annual meeting vote results disclosed; director slate and proposals passed as expected
- 8-K Officer / director change2026-04-22
Q1'26 earnings release plus an officer change; combined results + leadership update
- DEF 14A Proxy statement2026-03-27
Proxy (DEF 14A) for 2026 annual meeting; routine governance, comp and director slate
- 10-K Annual report2026-03-03
FY25 10-K: NI $50.3M +19%, EPS $1.34 +25%, assets +36% from Provident; ACL doubled
- 8-K Other event2026-02-04
Other-events filing with exhibits; non-earnings corporate update, immaterial to thesis
- 8-K Earnings results2026-01-22
Q4'25 earnings release; capped FY25 with NI $50.3M (+19%) and EPS $1.34 (+25%)
Recent filings
all on EDGAR ↗11-KPeriod ending 2025-12-312026-06-25open ↗8-KPeriod ending 2026-05-212026-05-21open ↗4Period ending 2026-05-152026-05-18open ↗SCHEDULE 13G/AFiling2026-05-15open ↗4/APeriod ending 2026-04-242026-05-15open ↗4/APeriod ending 2026-04-242026-05-15open ↗4/APeriod ending 2026-04-242026-05-15open ↗4/APeriod ending 2026-04-242026-05-15open ↗4/APeriod ending 2026-04-242026-05-15open ↗4/APeriod ending 2026-04-242026-05-15open ↗8-KPeriod ending 2026-05-122026-05-13open ↗10-QPeriod ending 2026-03-312026-05-08open ↗
Frequently asked
- Is NB Bancorp, Inc. (NBBK) a buy?
- NBBK currently carries a Hold rating with 3/5 conviction, derived from its latest SEC filings. Provident deal turbocharges growth but balloons the loan book and ACL — fair price for a transition year, not a steal.
- What is NBBK's fair value?
- A Modified-Graham model based on NBBK's SEC fundamentals estimates a fair value of about $45.24. It is an estimate from reported earnings, not a price target.
- Is NBBK overvalued or undervalued?
- Against a Modified-Graham fair-value estimate, NBBK currently appears undervalued relative to its SEC-grounded earnings power.
- What is NB Bancorp, Inc.'s quality score?
- NBBK scores 72.17647058823529/100 (grade B) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001979330, latest 10-Q filed 2026-05-08) · EODHD · analysis by claude-code · as of 6/25/2026, 2:40:50 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.