Added to YB: 2025-07-30
Pitch date: 2025-06-08
NBBK [bullish]
NB Bancorp, Inc.
+32.43%
current return
Author Info
No bio for this author
Company Info
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 the United States.
Market Cap
$708.1M
Pitch Price
$15.90
Price Target
N/A
Dividend
1.45%
EV/EBITDA
N/A
P/E
12.52
EV/Sales
N/A
Sector
Banks
Category
special_situation
NB Bancorp, Inc. - $NBBK
NBBK: Pro forma w/PVBC acquisition trading at 77% of TBV (85% adjusted). Provident adds 13% to $7.1B assets. 2.7yr TBV dilution earnback. Est. 2026 PF EPS ~$1.92 (8.3x P/E) after 35% cost saves. Aggressive buybacks likely to resume (5% in Q1 at $19.07). Demutualization + 68yo CEO signals potential sale at 3yr mark (18mo away).
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