NB Bancorp, Inc. Reports Third Quarter 2026 Financial Results, Declares Quarterly Cash Dividend
NB Bancorp reported Q3 2026 net income of $23.1 million, or $0.58 per diluted share, up from $21.1 million the prior quarter and $15.4 million a year ago, and declared a $0.07 quarterly dividend. Growth remained the core story: gross loans rose 5.3% and deposits 3.2% sequentially, while total loans and deposits are up 17.4% and 15.2% annualized year-to-date and operating EPS is up 27%. Credit metrics showed some noise: net charge-offs rose to 0.31% of average loans from 0.07%, driven mainly by a previously fully-reserved $4.0 million PCD C&I loan from the BankProv acquisition, and NPLs increased 30.4% to $36.1 million.
Key figures
- Eps
- 0.58
- Revenue
- $76.5 million
- Roa
- 1.23%
- Roe
- 10.73%
- Npl ratio
- 0.53%
- Net income
- $23.1 million
- Gross loans
- $6.77 billion
- Acl to loans
- 1.16%
- Total assets
- $7.68 billion
- Operating eps
- $0.60
- Total deposits
- $6.52 billion
- Efficiency ratio
- 60.5%
- Dividend per share
- $0.07
- Net interest income
- $71.4 million
- Net interest margin
- 3.97%
- Book value per share
- $19.57
- Tangible book value per share
- $18.91
AI analysis
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