Recent Updates — NBBK

NB Bancorp reported third-quarter 2026 net income of $23.1 million, or $0.58 per diluted common share, up from $21.1 million in the prior quarter. Operating net income increased 8.9% to $23.8 million, or $0.60 per diluted share. Net interest margin declined 3 basis points to 3.97%, while gross loans grew 5.3% to $6.77 billion and total deposits rose 3.2% to $6.52 billion. The company declared a quarterly cash dividend of $0.07 per share, payable on November 12, 2026, to shareholders of record as of October 29, 2026. NB Bancorp is the holding company for Needham Bank, a community bank headquartered in Massachusetts.

NB Bancorp, Inc. announced financial results for the second quarter ended June 30, 2026, reporting net income of $21.1 million ($0.53 per diluted share), up from $15.0 million ($0.36 per diluted share) in the prior quarter. Total loans grew 3.4% to $6.42 billion and total deposits increased 3.7% to $6.32 billion. The company's net interest margin expanded to 4.00% from 3.93%. The Board of Directors declared a quarterly cash dividend of $0.07 per share, payable August 19, 2026, to shareholders of record as of August 5, 2026. During the quarter, the company repurchased 918,727 shares at a weighted average cost of $20.13 per share. The company operates in the banking industry as the holding company for Needham Bank.