NB Bancorp, Inc.
NB Bancorp is a Maryland corporation and bank holding company for Needham Bank, a Massachusetts-chartered cooperative bank headquartered in Needham, Massachusetts. Needham Bank serves individuals and businesses through branches in Massachusetts and New Hampshire, as well as a warehouse lending center in Florida. Its primary market area includes Greater Boston and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire and Rhode Island. The bank takes deposits from the public and invests them in commercial real estate and multifamily, residential, construction and land development, commercial and industrial, mortgage warehouse and consumer loans, as well as securities. It offers certificates of deposit, IRAs, money market, savings, demand deposit and checking accounts. Its commercial and industrial lending includes Small Business, Middle Market and Structured Finance divisions. Mortgage warehouse lending offers facilities to independent non-bank mortgage companies to fund residential loan closings. NB Bancorp’s activities primarily involve holding the Bank’s stock; its cash flow depends on investment of offering proceeds and dividends from the Bank.
Reads like this one publish minutes after the filing lands on EDGAR. Get them as JSON over the API or inside your AI agent over MCP.
No SEC Form 4 filings for $NBBK in the last 30 days.
See all $NBBK insider activity →NB Bancorp (NBBK) and its subsidiary, Needham Bank, completed a $100 million private placement of 7.50% Fixed-to-Floating Rate Subordinated Notes due 2036. The notes, rated BBB- by Kroll, bear a fixed 7.50% interest for five years, then adjust quarterly to SOFR + 305 basis points. Proceeds will be used for general corporate purposes, according to the company.
NB Bancorp raised $100 million through a private offering of 7.50% subordinated notes due 2036, with net proceeds of $98.3 million. The notes will fund general corporate purposes, including a $30 million capital contribution to Needham Bank. The company also agreed to register the notes for exchange and issued them under an indenture with UMB Bank.
NB Bancorp, Inc. (NBBK) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 FOR IMMEDIATE RELEASE NB Bancorp, Inc. Completes Private Placement of $100 Million of 7.50% Fixed-to-Floating Rate Subordinated Notes NEEDHAM, Mass., Nov. 6, 2026 /PRNewswire/ – NB Bancorp, Inc. (the “Company”), a bank holding company that conducts its bankin
Over the past 7 days, AlphAI's AI scored 1 news story mentioning NBBK (NB Bancorp, Inc.). Coverage has been balanced: 0 bullish, 1 neutral, and 0 bearish.
Recent NBBK coverage spans corporate actions, financial news and earnings.
The debt raise adds leverage but provides cash for general corporate purposes.
The new debt issuance adds Tier 2 capital but may dilute equity and increase interest expense, likely weighing on the stock.
The capital raise adds cash but increases long‑term debt, likely creating modest short‑term selling pressure.
Recap of already‑released earnings; no new catalyst.
NB Bancorp will pay a $0.07-per-share dividend to shareholders who held shares by the close of October 29, with the payment scheduled for November 12. DeFi Development's preferred shares also went ex-dividend, with a smaller payout of $0.00516 per share on October 30. The ex-dividend dates are important for income-focused investors.
AlphAI scores every news story that mentions NBBK with an AI model for sentiment and relevance, and aggregates insider trades from NB Bancorp, Inc.'s SEC EDGAR Form 4 filings. Figures refresh continuously.
NB Bancorp (NBBK) and its subsidiary, Needham Bank, completed a $100 million private placement of 7.50% Fixed-to-Floating Rate Subordinated Notes due 2036. The notes, rated BBB- by Kroll, bear a fixed 7.50% interest for five years, then adjust quarterly to SOFR + 305 basis points. Proceeds will be used for general corporate purposes, according to the company.
NB Bancorp raised $100 million through a private offering of 7.50% subordinated notes due 2036, with net proceeds of $98.3 million. The notes will fund general corporate purposes, including a $30 million capital contribution to Needham Bank. The company also agreed to register the notes for exchange and issued them under an indenture with UMB Bank.
NB Bancorp, Inc. (NBBK) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Exhibit 99.1 FOR IMMEDIATE RELEASE NB Bancorp, Inc. Completes Private Placement of $100 Million of 7.50% Fixed-to-Floating Rate Subordinated Notes NEEDHAM, Mass., Nov. 6, 2026 /PRNewswire/ – NB Bancorp, Inc. (the “Company”), a bank holding company that conducts its bankin
NB Bancorp reported 3Q 2026 net income of $23.1M, up 50.6% YoY, with net interest income increasing 48.3% to $71.4M. EPS rose to $0.58 from $0.43. Net loans and deposits grew 13.4% and 11.4% YTD, respectively. The Provident acquisition and branch expansions contributed to growth.
NB Bancorp will pay a $0.07-per-share dividend to shareholders who held shares by the close of October 29, with the payment scheduled for November 12. DeFi Development's preferred shares also went ex-dividend, with a smaller payout of $0.00516 per share on October 30. The ex-dividend dates are important for income-focused investors.
Keefe Bruyette & Woods reduced its price target for NB Bancorp (NBBK) to $24 from $25, citing elevated credit costs from the Provident portfolio. The firm maintains a Market Perform rating, noting stable net interest margins and modest asset sensitivity. Shares trade at 9.2 times 2027 estimates, with InvestingPro suggesting undervaluation.
Five dividend stocks have upcoming ex-dividend dates: Plains GP Holdings (PAGP) with a 5.8% yield, NB Bancorp (NBBK) at 1.21%, RBB Bancorp (RBB) at 2.4%, Ohio Valley Banc (OVBC) at 2.1%, and Old Second Bancorp (OSBC) at 1.3%. Investors must buy before the ex-date to receive the dividend.
NB Bancorp (NBBK) reported Q3 2026 net income of $23.1M, up from $21.1M in Q2. Operating net income rose 8.9% to $23.8M. Net interest margin declined 3 bps to 3.97%. The company declared a $0.07 quarterly dividend. Gross loans increased 5.3%, while deposits rose 3.2%.
KBRA assigned ratings to NB Bancorp (NBBK), citing improving earnings and asset quality due to the acquisition of Provident Bancorp. The company's stable outlook reflects gains from the deal, though funding and concentration constraints remain. NBBK's ROA improved, and its asset quality is sound, with some volatility tied to acquired exposures. Funding and liquidity are constructive, but the company has a higher-cost deposit mix. Capital is adequate but has normalized from 2023 levels.
CAMPANELLI JOSEPH P (President & CEO) purchased 2,000 shares of NB Bancorp, Inc. (NBBK) at $21.75 on 2026-08-20.
