NB Bancorp Stock Price, News & Analysis

NB Bancorp (Nasdaq: NBBK) reported Q3 2025 net income of $15.4M ($0.43 diluted) and operating net income of $16.0M ($0.45 diluted). Loans rose $175.0M (+3.9% QoQ) to $4.72B and deposits rose $297.6M (+7.0% QoQ) to $4.57B. Net interest margin compressed 4 bps to 3.78%. The Board declared a quarterly cash dividend of $0.07 per share payable Nov 19, 2025.

The release notes one-time pre-tax merger costs of $994k, state tax expenses of $561k, repurchase of 921,934 shares for $17.5M, tangible book value per share of $18.48, and a pending acquisition of Provident with an expected closing on Nov 14, 2025.

NB Bancorp (Nasdaq: NBBK) reported Q3 2025 net income $15.4M or $0.43 diluted EPS and operating net income $16.0M or $0.45 per diluted share. Loans rose $175.0M (3.9%) to $4.72B and deposits increased $297.6M (7.0%) to $4.57B. Net interest margin compressed 4 bps to 3.78%. One-time pre-tax costs included $994k of merger and acquisition expenses and $561k of state tax items.

The board declared a quarterly cash dividend of $0.07 per share payable Nov 19, 2025, record date Nov 5, 2025. The company expects the Provident acquisition to close and convert on Nov 14, 2025.

NB Bancorp (NASDAQ: NBBK) and Provident Bancorp (NASDAQ: PVBC) announced that all regulatory approvals required to complete their previously announced merger have been received.

The companies said the proposed merger, first announced June 5, 2025, is expected to close on or about November 14, 2025, subject to customary closing conditions. Provident stockholders approved the merger on September 16, 2025. Management highlighted expansion of Needham's footprint and continuity of community-banking products and services.

Needham (NASDAQ: NBBK) and Provident (NASDAQ: PVBC) announced that all required regulatory approvals have been received for Needham's proposed acquisition of Provident, originally announced June 5, 2025.

The companies said the Merger is expected to close on or about November 14, 2025, subject to customary closing conditions; Provident stockholders previously approved the Merger on September 16, 2025. Management highlighted combined-market expansion and continuity of community-banking services.

NB Bancorp (Nasdaq: NBBK) and Provident Bancorp (Nasdaq: PVBC) distributed stock/cash Election Materials to Provident shareholders for the pending merger.

At the Effective Time, each Provident share will convert into either 0.691 shares of Needham common stock or $13.00 cash (or a combination), subject to a 50% stock / 50% cash allocation and proration. Provident stockholders must submit elections by the Election Deadline (anticipated 5:00 p.m. ET on November 7, 2025); ESOP/401(k) participants deadline is October 31, 2025. Needham expects the Merger to become effective on November 15, 2025, pending regulatory approvals.

NB Bancorp (NASDAQ:NBBK) reported strong Q2 2025 financial results with net income of $14.6 million ($0.39 per diluted share), up from $12.7 million in Q1. Operating net income reached $15.0 million ($0.40 per diluted share), excluding merger costs related to the pending Provident Bancorp acquisition.

Key highlights include: net interest margin expansion to 3.82% (up 21 basis points), loan growth of 6.8% annualized to $4.54 billion, and initiation of a quarterly cash dividend of $0.07 per share. The company also repurchased over 1.1 million shares at an average price of $17.08.

The bank's asset quality remained strong with an allowance for credit losses of 0.94% of total loans, while non-performing loans slightly increased to $12.5 million. The pending Provident acquisition is expected to close in Q4 2025.

NB Bancorp (NBBK) and Provident Bancorp (PVBC) have announced a definitive merger agreement valued at $211.8 million. Under the agreement, Provident stockholders will receive either 0.691 shares of Needham stock or $13.00 in cash per share, with a 50-50 split between stock and cash consideration. The merger expands Needham Bank's presence into the North Shore of Massachusetts and New Hampshire, creating a combined organization with approximately $7.1 billion in assets, $5.9 billion in deposits, and $6.1 billion in loans across 18 branches. The deal is expected to be 19% accretive to NB Bancorp's EPS in 2026 and will result in the sixth-largest Massachusetts-based bank in the Boston MSA. The transaction is anticipated to close in Q4 2025, subject to regulatory approvals and Provident shareholder approval.

NB Bancorp (NBBK) has announced its second stock repurchase program since its December 2023 IPO, authorizing the buyback of up to 2,028,522 shares of common stock, representing approximately 5.0% of outstanding shares. The repurchases will be executed through open market or private transactions, including block trades or Rule 10b5-1 trading plans.

Chairman, President and CEO Joseph Campanelli highlighted the company's strong earnings stream since going public. The timing and volume of repurchases will be at management's discretion, based on market conditions, trading prices, and alternative capital uses. The company maintains flexibility to suspend, terminate, or modify the program at any time.

NB Bancorp (NBBK) reported Q1 2025 financial results with net income of $12.7 million ($0.33 per diluted share), down from $15.6 million ($0.40 per share) in the previous quarter. Operating net income, excluding one-time charges, was $13.7 million ($0.35 per share).

Key highlights include:

• Net interest margin expanded by 9 basis points to 3.61%
• Deposits grew by $149.0 million (3.6%) to $4.33 billion
• Net loans increased by $131.8 million (3.1%) to $4.43 billion
• Tangible book value per share increased to $18.20
• Company repurchased 5% of outstanding shares at average cost of $19.06 per share

One-time charges included pension expense related to final liquidation ($884K net of tax) and BOLI policy surrender penalties ($154K). The loan-to-deposit ratio decreased to 102.3%, strengthening the company's liquidity position.