NB Bancorp (NBBK)
Market Price (11/6/2026): $22.05 | Market Cap: $966.2 MilSector: Financials | Industry: Regional Banks
NB Bancorp (NBBK)
Market Price (11/6/2026): $22.05Market Cap: $966.2 MilSector: FinancialsIndustry: Regional Banks
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.8%, FCF Yield is 14% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17% Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 43% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 43% Low stock price volatilityVol 12M is 26% | Weak multi-year price returns2Y Excs Rtn is -16%, 3Y Excs Rtn is -21% | Key risksNBBK key risks include [1] significant loan portfolio concentrations in commercial real estate, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 9.1%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 3.8%, FCF Yield is 14% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -17% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 43% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 46%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 43% |
| Low stock price volatilityVol 12M is 26% |
| Weak multi-year price returns2Y Excs Rtn is -16%, 3Y Excs Rtn is -21% |
| Key risksNBBK key risks include [1] significant loan portfolio concentrations in commercial real estate, Show more. |
Qualitative Assessment
AI Analysis | Feedback
NB Bancorp (NBBK) stock has lost about 5% since 7/31/2026 because of the following key factors:
1. Mixed Fiscal Q3 2026 Financial Performance: NB Bancorp reported strong operating diluted earnings per share (EPS) of $0.60 for the fiscal quarter ended September 30, 2026, exceeding the consensus estimate of $0.59. Net income for the quarter also increased by 9.5% from the prior quarter, reaching $23.1 million. However, the net interest margin experienced a slight narrowing, declining by 3 basis points to 3.97% from 4.00% in fiscal Q2 2026.
2. Continued Growth in Loans and Deposits: The company demonstrated solid growth in its core banking activities during fiscal Q3 2026. Gross loans increased by 5.3% to $6.77 billion from $6.42 billion in the previous quarter, while total deposits grew by 3.2% to $6.52 billion. This sustained growth in both loans and deposits indicates the company's continued ability to attract and retain customers and expand its market presence.
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NB Bancorp (NBBK) stock has lost about 5% since 7/31/2026 because of the following key factors:
1. Mixed Fiscal Q3 2026 Financial Performance: NB Bancorp reported strong operating diluted earnings per share (EPS) of $0.60 for the fiscal quarter ended September 30, 2026, exceeding the consensus estimate of $0.59. Net income for the quarter also increased by 9.5% from the prior quarter, reaching $23.1 million. However, the net interest margin experienced a slight narrowing, declining by 3 basis points to 3.97% from 4.00% in fiscal Q2 2026.
2. Continued Growth in Loans and Deposits: The company demonstrated solid growth in its core banking activities during fiscal Q3 2026. Gross loans increased by 5.3% to $6.77 billion from $6.42 billion in the previous quarter, while total deposits grew by 3.2% to $6.52 billion. This sustained growth in both loans and deposits indicates the company's continued ability to attract and retain customers and expand its market presence.
3. Increase in Non-Performing Loans, Primarily from Acquisition: While NB Bancorp showed overall growth, non-performing loans (NPLs) increased by $8.4 million, or 30.4%, to $36.1 million in fiscal Q3 2026. This rise was primarily attributed to a commercial real estate loan acquired from the BankProv merger being placed on non-accrual during the quarter. The allowance for credit losses (ACL) as a percentage of NPLs also decreased from 297% in the prior quarter to 217%.
4. Broader Regional Banking Sector Trends: The stable stock movement for NB Bancorp since July 31, 2026, also reflects the overall environment within the regional banking sector. During fiscal Q3 2026, many regional banks reported robust earnings driven by strong commercial loan demand. However, the market maintained a cautious stance due to ongoing concerns related to commercial real estate exposures and the broader impact of sustained higher interest rates.
5. Consistent Quarterly Dividend Declaration: NB Bancorp's Board of Directors declared a consistent quarterly cash dividend of $0.07 per share for fiscal Q3 2026, payable on November 12, 2026. This steady dividend payout can contribute to investor confidence and provide a level of shareholder return, thereby supporting the stock's stability during the period.
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Stock Movement Drivers
Fundamental Drivers
The -4.0% change in NBBK stock from 7/31/2026 to 11/5/2026 was primarily driven by a -27.4% change in the company's P/E Multiple.| (LTM values as of) | 7312026 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 22.94 | 22.02 | -4.0% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 235 | 283 | 20.4% |
| Net Income Margin (%) | 22.4% | 23.6% | 5.6% |
| P/E Multiple | 17.9 | 13.0 | -27.4% |
| Shares Outstanding (Mil) | 41 | 39 | 3.9% |
| Cumulative Contribution | -4.0% |
Market Drivers
7/31/2026 to 11/5/2026| Return | Correlation | |
|---|---|---|
| NBBK | -4.0% | |
| Market (SPY) | -1.9% | 30.4% |
| Sector (XLF) | 1.0% | 57.3% |
Fundamental Drivers
The 12.9% change in NBBK stock from 4/30/2026 to 11/5/2026 was primarily driven by a 32.8% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 4302026 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.50 | 22.02 | 12.9% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 213 | 283 | 32.8% |
| Net Income Margin (%) | 23.6% | 23.6% | 0.2% |
| P/E Multiple | 14.9 | 13.0 | -12.7% |
| Shares Outstanding (Mil) | 38 | 39 | -2.8% |
| Cumulative Contribution | 12.9% |
Market Drivers
4/30/2026 to 11/5/2026| Return | Correlation | |
|---|---|---|
| NBBK | 12.9% | |
| Market (SPY) | 2.3% | 16.5% |
| Sector (XLF) | 10.7% | 50.5% |
Fundamental Drivers
The 23.5% change in NBBK stock from 10/31/2025 to 11/5/2026 was primarily driven by a 50.3% change in the company's Total Revenues ($ Mil).| (LTM values as of) | 10312025 | 11052026 | Change |
|---|---|---|---|
| Stock Price ($) | 17.83 | 22.02 | 23.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 189 | 283 | 50.3% |
| Net Income Margin (%) | 27.2% | 23.6% | -13.0% |
| P/E Multiple | 12.9 | 13.0 | 0.2% |
| Shares Outstanding (Mil) | 37 | 39 | -5.7% |
| Cumulative Contribution | 23.5% |
Market Drivers
10/31/2025 to 11/5/2026| Return | Correlation | |
|---|---|---|
| NBBK | 23.5% | |
| Market (SPY) | 8.4% | 20.3% |
| Sector (XLF) | 11.1% | 43.3% |
Fundamental Drivers
nullnull
Market Drivers
10/31/2023 to 11/5/2026| Return | Correlation | |
|---|---|---|
| NBBK | ||
| Market (SPY) | 81.3% | 37.1% |
| Sector (XLF) | 85.5% | 54.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NBBK Return | - | - | -2% | 34% | 11% | 12% | 63% |
| Peers Return | 51% | -8% | -19% | 19% | 9% | 18% | 72% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 12% | 105% |
Monthly Win Rates [3] | |||||||
| NBBK Win Rate | - | - | 0% | 58% | 58% | 45% | |
| Peers Win Rate | 62% | 46% | 38% | 50% | 58% | 64% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 45% | |
Max Drawdowns [4] | |||||||
| NBBK Max Drawdown | - | - | - | -14% | -19% | -15% | |
| Peers Max Drawdown | -20% | -26% | -45% | -21% | -23% | -17% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: INDB, BBT, EBC, HIFS.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 11/5/2026 (YTD)
How Low Can It Go
| Event | NBBK | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -18.2% | -18.8% |
| % Gain to Breakeven | 22.3% | 23.1% |
| Time to Breakeven | 224 days | 79 days |
In The Past
NB Bancorp's stock fell -18.2% during the 2025 US Tariff Shock. Such a loss loss requires a 22.3% gain to breakeven.
Preserve Wealth
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Asset Allocation
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In The Past
NB Bancorp's stock fell -18.2% during the 2025 US Tariff Shock. Such a loss loss requires a 22.3% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About NB Bancorp (NBBK)
NB Bancorp (NBBK) is a newly formed Maryland corporation that will own Needham Bank, a Massachusetts-chartered cooperative bank with a history dating back to 1892. Headquartered in Needham, Massachusetts, the company primarily operates by taking deposits from the general public. These deposits, along with funds generated from operations, are then invested into various loan types and a portfolio of securities.
The core of Needham Bank's business involves a diverse lending portfolio. A significant portion of its loans consists of commercial real estate and multifamily loans, alongside one-to-four family residential real estate loans. The bank also originates construction and land development loans, commercial and industrial loans, and consumer loans, including home equity loans and lines of credit. To fund these activities, it offers a full range of deposit accounts, such as checking, savings, money market, and certificate of deposit accounts, and also utilizes brokered deposits and advances from the Federal Home Loan Bank.
Needham Bank primarily serves the Greater Boston metropolitan area and its surrounding communities, with its market extending into eastern Connecticut, southern New Hampshire, and Rhode Island. Through its main office and multiple branch locations, the bank aims to provide essential financial services to individuals and businesses within these regional markets, facilitating local economic growth through its deposit gathering and lending operations.
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Here are 1-3 brief analogies to describe NB Bancorp:
- Think of it as a smaller, more localized version of **Citizens Bank**, focused on traditional lending and deposit services primarily for the Greater Boston area.
- It's like **Bank of America** or **Wells Fargo**, but scaled down significantly to serve the banking needs of businesses and residents specifically in the Boston suburbs and surrounding communities.
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- Commercial Real Estate and Multifamily Loans: Provides financing for commercial properties and multi-unit residential buildings.
- Residential Real Estate Loans: Offers mortgage financing for one- to four-family homes.
- Construction and Land Development Loans: Funds projects related to property development and land preparation.
- Commercial and Industrial Loans: Delivers financing solutions for businesses for various operational and growth needs.
- Consumer Loans: Provides credit to individuals for personal use.
- Home Equity Loans and Lines of Credit: Offers lending products secured by the equity in a homeowner's property.
- Deposit Accounts: Includes a variety of savings and transactional accounts such as checking, savings, money market, and certificate of deposit accounts.
- Individual Retirement Accounts (IRAs): Provides tax-advantaged savings accounts designed for retirement planning.
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NB Bancorp (NBBK), through its subsidiary Needham Bank, serves a diverse customer base primarily consisting of borrowers and depositors. Given its banking operations, it does not have a few named major customers but rather serves broad categories of individuals and businesses. Its major customer categories are:
- Businesses and Real Estate Developers: These customers obtain a significant portion of the bank's loans, including commercial real estate and multifamily loans (34.9% of the total loan portfolio), construction and land development loans, and commercial and industrial loans.
- Individuals and Families: This customer group is primarily served through one- to four-family residential real estate loans (28.7% of the total loan portfolio), consumer loans, and home equity loans and lines of credit.
- The General Public (Depositors): As a cooperative bank, Needham Bank takes deposits from the general public, offering a variety of deposit accounts such as checking, savings, money market, and certificate of deposit accounts. These depositors are crucial customers, providing the funding base for the bank's lending activities.
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Joseph P. Campanelli
Chairman, President & CEO
Joseph P. Campanelli became the President and Chief Executive Officer of Needham Bank in January 2017 and later Chairman of the Board. He has a distinguished career spanning over 30 years in the financial services industry. Prior to joining Needham Bank, he was the Founder and Principal of New England Community Financial for four years. He also served as Chairman, CEO, and Director of Flagstar Bank from 2009-2012, where he led a turnaround to restore the bank to profitability, raising over $1 billion in capital. Before Flagstar, Mr. Campanelli was CEO and Director of Sovereign Bank, where he played an active role in the acquisition and integration of branches from Fleet Financial Group, which was, at the time, the largest branch and business divestiture in U.S. banking history. His career began at Hartford National Bank, and he held various senior and executive positions at its successor banks, including Shawmut Bank and Fleet Bank, overseeing commercial and community activities and problem asset resolution.
Jean-Pierre L. Lapointe
Senior Executive Vice President & Chief Financial Officer
Jean-Pierre ("JP") Lapointe was named Executive Vice President and Chief Financial Officer for NB Bancorp and Needham Bank, effective February 1, 2024. He is a Certified Public Accountant and holds both Bachelor's and Master's degrees in Accounting. Prior to his role at Needham Bank, Mr. Lapointe served as CFO at Northeast Bank, a publicly held bank with $3 billion in assets, from 2017 to 2024. His earlier experience includes 13 years at Wolf & Company, where he advanced to Senior Manager, servicing financial institution clients and leading external and internal audits. He is also a former president and officer of the Financial Managers Society (FMS) Boston chapter.
Christine Roberts
Senior Executive Vice President & Chief Operating Officer
Christine Roberts was appointed Executive Vice President and Chief Operating Officer for NB Bancorp and Needham Bank in January 2025, succeeding Salvatore Rinaldi upon his retirement. She brings over 30 years of financial services experience to the role. Most recently, she spent 14 years at Citizens Bank, where she held several positions, including Executive Vice President and President of Citizens Pay.
Eric Morse
Executive Vice President
Eric Morse serves as an Executive Vice President at Needham Bank, having joined the institution in September 2012. Prior to his tenure at Needham Bank, he was a Managing Partner with Caber Partners, a financial services management consulting practice based in Boston. His extensive banking career also includes senior positions at The Boston Company, CIBC World Markets, and Fleet Financial Group, where he served as Senior Vice President/Corporate Marketing Director. Before his career in banking, he was a Senior Vice President and Equity Partner at Arnold Advertising. Mr. Morse has over 35 years of experience in strategic development for financial services companies.
Peter Bakkala
Executive Vice President & Chief Risk Officer
Peter Bakkala is the Executive Vice President – Chief Risk Officer of Needham Bank, a position he has held since 2016. In this role, he is responsible for overseeing the Bank's enterprise risk management, fraud prevention, general compliance (including Bank Secrecy Act and Community Reinvestment Act compliance), and the Bank's internal audit functions. Before joining Needham Bank, Mr. Bakkala led various audit, risk, and compliance functions, as well as commercial businesses, at large superregional and multinational firms throughout his career.
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The key risks to NB Bancorp (NBBK) are:
- Interest Rate Risk: As a financial institution, NB Bancorp is highly susceptible to fluctuations in interest rates. Changes in interest rates can significantly impact the bank's net interest income, as the cost of its deposits and other funding sources (such as FHLB advances and brokered deposits) may increase faster than the interest earned on its loan and investment portfolios, or vice-versa.
- Credit Risk related to Real Estate Market Downturns: A substantial portion of NB Bancorp's loan portfolio is concentrated in commercial real estate, multifamily loans, and one- to four-family residential real estate loans. A significant downturn in the real estate markets within its primary market area of the Greater Boston metropolitan area and surrounding communities could lead to increased loan defaults, delinquencies, and losses, negatively impacting the bank's asset quality and financial performance.
- Liquidity Risk from Reliance on Non-Retail Funding Sources: NB Bancorp utilizes FHLB advances and brokered deposits as significant funding sources, with $337.6 million in FHLB advances and $253.6 million in brokered deposits outstanding at June 30, 2023. A reliance on these non-retail funding sources exposes the bank to liquidity risk if these funding channels become more expensive, less accessible, or subject to adverse market conditions, potentially hindering the bank's ability to fund its operations or meet its obligations.
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The emergence of digital-only banks and financial technology (fintech) companies that offer banking services entirely online and through mobile applications poses a clear emerging threat. These digital competitors operate with significantly lower overheads, allowing them to potentially offer more competitive rates on deposits and loans, and provide a more convenient, technology-driven customer experience without the need for physical branch locations. This directly challenges Needham Bank's traditional, branch-based model for attracting deposits and originating loans within its defined geographic market, mirroring how app-based services disrupted industries reliant on physical presence or traditional infrastructure.
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NB Bancorp (NBBK) is expected to drive future revenue growth over the next 2-3 years through several key strategies, primarily focusing on expanding its lending activities, enhancing deposit gathering, leveraging strategic acquisitions, and investing in technology.
One significant driver is the **continued growth and diversification of its loan portfolio**. Needham Bank, which NB Bancorp owns, has historically focused on commercial real estate and multifamily loans, and this trend is expected to continue. For example, commercial real estate loans increased by $561.5 million, or 29.9%, to $2.44 billion in the fourth quarter of 2025. The bank is also committed to expanding its small business lending portfolio through various financing programs. Furthermore, Needham Bank has established a Structured Finance team to provide capital to emerging and high-growth companies, including those in the renewable energy sector, which is expected to facilitate larger transactions through syndications and participation lending.
Another crucial driver is **deposit gathering and the enhancement of cash management services**. NB Bancorp aims to diversify its deposit sources to fund growth with core deposits and reduce reliance on more expensive funding. The company has invested in a suite of cash management products and improved its online and mobile banking offerings, alongside fraud prevention systems, to attract and retain both consumer and business deposits. In 2022, total core deposits increased by 5% to $2.6 billion, demonstrating strong growth in both consumer and business segments.
**Strategic acquisitions and mergers** are also anticipated to contribute to revenue growth. NB Bancorp recently completed the acquisition of Provident Bancorp, Inc., and its subsidiary, BankProv, in November 2025. This acquisition significantly increased total assets by $1.56 billion, or 28.7%, to $7.01 billion as of December 31, 2025, and contributed to an organic increase in deposits.
Finally, **investments in technology and infrastructure** are expected to bolster future revenue. The company has made substantial investments, approximately $35.5 million since 2020, in technology, compliance, and infrastructure. These investments are aimed at improving offerings, servicing individuals and small businesses, and competing more effectively for larger business customers. These enhancements can lead to greater operational efficiency, improved customer experience, and the ability to introduce new products and services.
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Share Repurchases
- NB Bancorp announced a stock repurchase program on January 22, 2026, for up to 2,288,509 shares, representing approximately 5.0% of its outstanding common stock, with an estimated investment of over $50 million.
- The company completed its second share repurchase program by July 17, 2025, buying back just over 2 million shares at an average price of $17.96 per share.
- Combined, NB Bancorp repurchased 4,163,809 shares (9.8% of the stock issued in its 2023 IPO) across its first and second programs, at a weighted average price of $18.52 per share.
Share Issuance
- NB Bancorp completed its initial public offering (IPO) on December 28, 2023, selling 40,997,500 shares of common stock at a price of $10.00 per share, raising approximately $410 million.
- On November 15, 2025, the company issued 5,943,682 shares of common stock, valued at $114.7 million, as part of the consideration for the acquisition of Provident Bancorp.
- In connection with its IPO, the company contributed 1,708,229 shares of common stock to Needham Bank Charitable Foundation, Inc.
Outbound Investments
- NB Bancorp completed the acquisition of Provident Bancorp on November 15, 2025, for a total value of approximately $212 million, consisting of $111.8 million in cash and the issuance of 5,943,682 shares of common stock valued at $114.7 million.
- This acquisition added approximately $1.42 billion in total assets, $1.23 billion in total loans, and $1.13 billion in total deposits to NB Bancorp.
Peer Outperformance in Regional Banks
null| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Reinsurance | 6 | 33.1% | 75.7% | 125.1% | SPNT 168% · RGA 162% · RNR 141% |
| Investment Banking & Brokerage | 13 | -3.9% | 89.1% | 93.1% | IBKR 305% · SNEX 152% · GS 141% |
| Diversified Banks | 12 | 30.0% | 140.4% | 90.3% | CM 144% · RY 129% · JPM 127% |
| Life & Health Insurance | 20 | 14.3% | 52.3% | 75.4% | JXN 514% · UNM 224% · FG 188% |
| Property & Casualty Insurance | 42 | 18.9% | 76.8% | 66.8% | TRV 178% · PGR 172% · ACGL 168% |
| Multi-Sector Holdings | 3 | 10.1% | 53.8% | 59.4% | BRK-B 99% · VOYA 59% · JEF 37% |
| Multi-line Insurance | 9 | 9.5% | 71.4% | 59.4% | AIZ 105% · GNW 104% · L 98% |
| Regional Banks ← | 263 | 30.0% | 87.5% | 46.7% | CBC 268% · FCNCA 176% · NIC 136% |
| Insurance Brokers | 15 | 5.5% | 13.4% | 33.4% | LIFE 287% · ARX 89% · WTW 56% |
| Financial Exchanges & Data | 15 | 20.6% | 37.2% | 27.9% | CBOE 183% · VIRT 131% · CME 71% |
| Asset Management & Custody Banks | 83 | -5.9% | 22.8% | 12.3% | VCTR 210% · AAMI 207% · WT 205% |
| Consumer Finance | 30 | 2.9% | 81.0% | 8.1% | ENVA 330% · FCFS 130% · ECPG 111% |
| Commercial & Residential Mortgage Finance | 14 | -46.5% | 36.8% | 2.5% | FNMA 327% · FMCC 293% · ACT 158% |
| Diversified Financial Services | 4 | -1.6% | 20.1% | -1.1% | FRHC 153% · EQH 71% |
| Specialized Finance | 3 | 15.8% | 31.5% | -19.7% | HASI -20% · CACC -24% |
| Transaction & Payment Processing Services | 17 | 19.3% | 9.1% | -29.4% | V 103% · MA 94% · CPAY 83% |
| Mortgage REITs | 35 | -18.0% | -6.1% | -37.2% | RITM 36% · DX 17% · AGNC 10% |
| Diversified Capital Markets | 20 | -47.1% | -8.5% | -70.1% | LPLA 83% · TW 38% · RIOT -53% |
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| How Low Can NB Bancorp Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Research & Analysis
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Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 30.59 |
| Mkt Cap | 1.1 |
| Rev LTM | 801 |
| Op Inc LTM | - |
| FCF LTM | 216 |
| FCF 3Y Avg | 141 |
| CFO LTM | 233 |
| CFO 3Y Avg | 149 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 43.2% |
| Rev Chg 3Y Avg | 26.4% |
| Rev Chg Q | 39.5% |
| QoQ Delta Rev Chg LTM | 7.7% |
| Op Inc Chg LTM | - |
| Op Inc Chg 3Y Avg | - |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 32.5% |
| CFO/Rev 3Y Avg | 34.1% |
| FCF/Rev LTM | 30.7% |
| FCF/Rev 3Y Avg | 31.7% |
Price Behavior
| Market Price | $22.02 | |
| Market Cap ($ Bil) | 0.9 | |
| First Trading Date | 12/28/2023 | |
| Distance from 52W High | -5.3% | |
| 50 Days | 200 Days | |
| DMA Price | $22.51 | $21.47 |
| DMA Trend | indeterminate | up |
| Distance from DMA | -2.2% | 2.6% |
| 3M | 1YR | |
| Volatility | 20.8% | 25.7% |
| Downside Capture | 11.14 | 36.17 |
| Upside Capture | 15.53 | 61.05 |
| Correlation (S&P 500) | 13.6% | 17.6% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.11 | 0.31 | 0.26 | 0.14 | 0.34 | 0.02 |
| Up Beta | -2.61 | -0.66 | 0.42 | -0.07 | 0.29 | 0.03 |
| Down Beta | 0.49 | 0.50 | 0.48 | -0.00 | -0.07 | 0.25 |
| Up Capture | 9% | 36% | 6% | 32% | 49% | 29% |
| Bmk +ve Days | 12 | 18 | 28 | 62 | 130 | 427 |
| Stock +ve Days | 9 | 17 | 27 | 60 | 125 | 350 |
| Down Capture | 8% | 42% | 30% | 12% | 48% | 78% |
| Bmk -ve Days | 10 | 25 | 36 | 64 | 121 | 325 |
| Stock -ve Days | 12 | 25 | 34 | 61 | 120 | 351 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NBBK | |
|---|---|---|---|---|
| NBBK | 27.4% | 25.7% | 0.90 | - |
| Sector ETF (XLF) | 11.1% | 15.2% | 0.47 | 43.0% |
| Equity (SPY) | 9.5% | 13.6% | 0.41 | 20.0% |
| Gold (GLD) | 3.6% | 28.7% | 0.11 | -1.2% |
| Commodities (DBC) | 37.7% | 21.2% | 1.40 | -26.6% |
| Real Estate (VNQ) | 12.0% | 14.2% | 0.55 | 32.8% |
| Bitcoin (BTCUSD) | -20.8% | 43.3% | -0.42 | 4.4% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NBBK | |
|---|---|---|---|---|
| NBBK | 10.6% | 26.2% | 0.64 | - |
| Sector ETF (XLF) | 9.1% | 18.4% | 0.36 | 54.5% |
| Equity (SPY) | 11.3% | 17.3% | 0.48 | 37.0% |
| Gold (GLD) | 17.5% | 19.1% | 0.74 | -0.7% |
| Commodities (DBC) | 8.0% | 19.6% | 0.29 | -7.3% |
| Real Estate (VNQ) | 1.2% | 18.9% | -0.05 | 38.0% |
| Bitcoin (BTCUSD) | 5.9% | 51.5% | 0.29 | 20.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NBBK | |
|---|---|---|---|---|
| NBBK | 5.1% | 26.2% | 0.64 | - |
| Sector ETF (XLF) | 13.3% | 22.1% | 0.54 | 54.5% |
| Equity (SPY) | 14.9% | 18.0% | 0.70 | 37.0% |
| Gold (GLD) | 12.0% | 16.5% | 0.59 | -0.7% |
| Commodities (DBC) | 7.6% | 18.1% | 0.33 | -7.3% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.23 | 38.0% |
| Bitcoin (BTCUSD) | 61.3% | 66.2% | 1.01 | 20.1% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Updated 10/25/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/15/2026 | -2.3% | 3.0% | |
| 7/22/2026 | 5.7% | 7.4% | 4.5% |
| 4/22/2026 | -10.7% | -8.8% | -7.0% |
| 1/22/2026 | -1.3% | 3.8% | 4.0% |
| 10/22/2025 | 2.1% | -0.2% | 5.2% |
| 7/23/2025 | 3.7% | -3.6% | 0.4% |
| 4/22/2025 | 3.7% | 4.6% | 1.7% |
| 1/22/2025 | 4.1% | 8.0% | 6.8% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 9 | 8 | 9 |
| # Negative | 3 | 4 | 2 |
| Median Positive | 2.9% | 6.0% | 4.5% |
| Median Negative | -2.3% | -2.1% | -4.9% |
| Max Positive | 5.7% | 11.7% | 7.5% |
| Max Negative | -10.7% | -8.8% | -7.0% |
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 10/15/2026 | -2.3% | 3.0% | |
| 7/22/2026 | 5.7% | 7.4% | 4.5% |
| 4/22/2026 | -10.7% | -8.8% | -7.0% |
| 1/22/2026 | -1.3% | 3.8% | 4.0% |
| 10/22/2025 | 2.1% | -0.2% | 5.2% |
| 7/23/2025 | 3.7% | -3.6% | 0.4% |
| 4/22/2025 | 3.7% | 4.6% | 1.7% |
| 1/22/2025 | 4.1% | 8.0% | 6.8% |
| 10/30/2024 | 0.8% | 11.7% | 7.5% |
| 7/24/2024 | 2.9% | 7.5% | 0.7% |
| 4/24/2024 | 2.8% | 3.0% | 6.6% |
| 2/29/2024 | 0.1% | -0.6% | -2.9% |
| SUMMARY STATS | |||
| # Positive | 9 | 8 | 9 |
| # Negative | 3 | 4 | 2 |
| Median Positive | 2.9% | 6.0% | 4.5% |
| Median Negative | -2.3% | -2.1% | -4.9% |
| Max Positive | 5.7% | 11.7% | 7.5% |
| Max Negative | -10.7% | -8.8% | -7.0% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 11/04/2026 | 10-Q |
| 06/30/2026 | 08/07/2026 | 10-Q |
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 03/03/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/07/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 03/28/2024 | 10-K |
| 09/30/2023 | 11/22/2023 | 10-Q |
| 06/30/2023 | 09/01/2023 | S-1/A |
| 03/31/2023 | 07/27/2023 | S-1/A |
| Report Date | Filing Date | Filing |
|---|---|---|
| 09/30/2026 | 11/04/2026 | 10-Q |
| 06/30/2026 | 08/07/2026 | 10-Q |
| 03/31/2026 | 05/08/2026 | 10-Q |
| 12/31/2025 | 03/03/2026 | 10-K |
| 09/30/2025 | 11/07/2025 | 10-Q |
| 06/30/2025 | 08/08/2025 | 10-Q |
| 03/31/2025 | 05/09/2025 | 10-Q |
| 12/31/2024 | 03/07/2025 | 10-K |
| 09/30/2024 | 11/08/2024 | 10-Q |
| 06/30/2024 | 08/09/2024 | 10-Q |
| 03/31/2024 | 05/10/2024 | 10-Q |
| 12/31/2023 | 03/28/2024 | 10-K |
| 09/30/2023 | 11/22/2023 | 10-Q |
| 06/30/2023 | 09/01/2023 | S-1/A |
| 03/31/2023 | 07/27/2023 | S-1/A |
Insider Activity
Updated 8/21/2026| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Campanelli, Joseph P | President & CEO | Direct | Buy | 8212026 | 21.75 | 2,000 | 43,500 | 8,260,432 | Form |
| 2 | Lapointe, Jean-Pierre | SEVP and CFO | Direct | Buy | 8212026 | 21.80 | 200 | 4,360 | 2,409,576 | Form |
| 3 | Henkin, Kevin | EVP, Chief Credit Officer | Direct | Sell | 8182026 | 22.93 | 2,000 | 45,860 | 157,621 | Form |
| 4 | Campanelli, Joseph P | President & CEO | Direct | Buy | 5182026 | 19.18 | 3,000 | 57,547 | 7,246,843 | Form |
| 5 | Campanelli, Joseph P | President & CEO | Direct | Buy | 4272026 | 19.45 | 2,500 | 48,618 | 7,288,628 | Form |
| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Campanelli, Joseph P | President & CEO | Direct | Buy | 8212026 | 21.75 | 2,000 | 43,500 | 8,260,432 | Form |
| 2 | Lapointe, Jean-Pierre | SEVP and CFO | Direct | Buy | 8212026 | 21.80 | 200 | 4,360 | 2,409,576 | Form |
| 3 | Henkin, Kevin | EVP, Chief Credit Officer | Direct | Sell | 8182026 | 22.93 | 2,000 | 45,860 | 157,621 | Form |
| 4 | Campanelli, Joseph P | President & CEO | Direct | Buy | 5182026 | 19.18 | 3,000 | 57,547 | 7,246,843 | Form |
| 5 | Campanelli, Joseph P | President & CEO | Direct | Buy | 4272026 | 19.45 | 2,500 | 48,618 | 7,288,628 | Form |
| 6 | Pascucci, Hope | Direct | Buy | 4242026 | 19.46 | 20,000 | 389,281 | 2,771,720 | Form | |
| 7 | Campanelli, Joseph P | President & CEO | Direct | Buy | 3192026 | 20.16 | 2,500 | 50,400 | 7,996,686 | Form |
| 8 | Lapointe, Jean-Pierre | SEVP and CFO | Direct | Buy | 3092026 | 20.42 | 1,000 | 20,420 | 2,252,959 | Form |
| 9 | Campanelli, Joseph P | President & CEO | IRA | Buy | 3092026 | 20.78 | 2,000 | 41,560 | 976,660 | Form |
| 10 | Campanelli, Joseph P | President & CEO | As trustee for trust | Buy | 3092026 | 20.77 | 3,000 | 62,310 | 62,310 | Form |
| 11 | Elliott, Mary Susan | Spouse | Buy | 1302026 | 21.39 | 1,434 | 30,673 | 30,673 | Form | |
| 12 | Elliott, Mary Susan | Direct | Buy | 1302026 | 18.72 | 10,000 | 187,200 | 2,167,046 | Form | |
| 13 | Evangelista, Paul A | EVP, Dir Spec. Bank. Ctr. | Direct | Buy | 12192025 | 20.87 | 2,000 | 41,743 | 554,467 | Form |
| 14 | Pascucci, Hope | Direct | Buy | 10292025 | 18.07 | 4,688 | 84,702 | 2,168,136 | Form | |
| 15 | Montgomery, Kenneth C | Direct | Buy | 9152025 | 18.44 | 5,000 | 92,200 | 1,481,414 | Form | |
| 16 | Darcey, William | Direct | Buy | 8122025 | 17.30 | 5,000 | 86,499 | 1,388,078 | Form |
Investor Activity (13F)
Updated Nov 6, 2026Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.
Industry Resources
| Financials Resources |
| Federal Reserve Economic Data |
| Federal Reserve |
| FDIC Data |
| American Banker |
| The Banker |
| Banking Technology |
| Regional Banks Resources |
| Bank Director |
| Independent Banker |
| S&P Global Market Intelligence |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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