NB Bancorp (NBBK)
Market Price (3/23/2026): $20.46 | Market Cap: $784.3 MilSector: Financials | Industry: Regional Banks
NB Bancorp (NBBK)
Market Price (3/23/2026): $20.46Market Cap: $784.3 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 6.8%, FCF Yield is 7.3% | Weak multi-year price returns3Y Excs Rtn is -17% | Key risksNBBK key risks include [1] significant loan portfolio concentrations in commercial real estate, Show more. |
| 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 -51% | ||
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 23% | ||
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27% | ||
| Low stock price volatilityVol 12M is 27% |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.8%, FCF Yield is 7.3% |
| 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 -51% |
| Strong revenue growthRev Chg LTMRevenue Change % Last Twelve Months (LTM) is 23% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 28%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 27% |
| Low stock price volatilityVol 12M is 27% |
| Weak multi-year price returns3Y Excs Rtn is -17% |
| Key risksNBBK key risks include [1] significant loan portfolio concentrations in commercial real estate, Show more. |
Qualitative Assessment
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1. Successful Integration and Scale Expansion from Provident Bancorp Merger.
NB Bancorp completed its acquisition of Provident Bancorp and its subsidiary, BankProv, on November 15, 2025, just before the specified period. This merger significantly increased the company's scale and financial footprint, with total assets growing by $1.56 billion, or 28.7%, to $7.01 billion as of December 31, 2025. Gross loans increased by $1.27 billion, or 26.9%, to $5.99 billion, and total deposits rose by $1.29 billion, or 28.2%, from the prior quarter.
2. Strong Operating Earnings Outperformance and Net Interest Margin Expansion.
Despite a GAAP net income miss influenced by one-time merger costs, NB Bancorp reported robust operating net income for Q4 2025 on January 22, 2026. Operating net income, excluding these charges, reached $21.2 million, or $0.51 per diluted common share, surpassing the Zacks Consensus Estimate of $0.49 per share by 4.08%. Concurrently, the company's net interest margin expanded by 14 basis points to 3.92% in the fourth quarter of 2025 from 3.78% in the preceding quarter, indicating improved profitability from core banking operations.
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Stock Movement Drivers
Fundamental Drivers
The 4.8% change in NBBK stock from 11/30/2025 to 3/22/2026 was primarily driven by a 31.4% change in the company's P/E Multiple.| (LTM values as of) | 11302025 | 3222026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.53 | 20.46 | 4.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 198 | 214 | 8.1% |
| Net Income Margin (%) | 29.5% | 23.5% | -20.1% |
| P/E Multiple | 11.9 | 15.6 | 31.4% |
| Shares Outstanding (Mil) | 35 | 38 | -7.7% |
| Cumulative Contribution | 4.8% |
Market Drivers
11/30/2025 to 3/22/2026| Return | Correlation | |
|---|---|---|
| NBBK | 4.8% | |
| Market (SPY) | -4.8% | 32.5% |
| Sector (XLF) | -8.0% | 50.8% |
Fundamental Drivers
The 9.1% change in NBBK stock from 8/31/2025 to 3/22/2026 was primarily driven by a 14.5% change in the company's P/E Multiple.| (LTM values as of) | 8312025 | 3222026 | Change |
|---|---|---|---|
| Stock Price ($) | 18.76 | 20.46 | 9.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 188 | 214 | 13.4% |
| Net Income Margin (%) | 27.2% | 23.5% | -13.4% |
| P/E Multiple | 13.6 | 15.6 | 14.5% |
| Shares Outstanding (Mil) | 37 | 38 | -3.0% |
| Cumulative Contribution | 9.1% |
Market Drivers
8/31/2025 to 3/22/2026| Return | Correlation | |
|---|---|---|
| NBBK | 9.1% | |
| Market (SPY) | 1.1% | 23.0% |
| Sector (XLF) | -8.8% | 45.2% |
Fundamental Drivers
The 7.1% change in NBBK stock from 2/28/2025 to 3/22/2026 was primarily driven by a 200.6% change in the company's Net Income Margin (%).| (LTM values as of) | 2282025 | 3222026 | Change |
|---|---|---|---|
| Stock Price ($) | 19.11 | 20.46 | 7.1% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 165 | 214 | 29.5% |
| Net Income Margin (%) | 7.8% | 23.5% | 200.6% |
| P/E Multiple | 58.1 | 15.6 | -73.2% |
| Shares Outstanding (Mil) | 39 | 38 | 2.5% |
| Cumulative Contribution | 7.1% |
Market Drivers
2/28/2025 to 3/22/2026| Return | Correlation | |
|---|---|---|
| NBBK | 7.1% | |
| Market (SPY) | 10.4% | 45.0% |
| Sector (XLF) | -5.0% | 55.1% |
Fundamental Drivers
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Market Drivers
2/28/2023 to 3/22/2026| Return | Correlation | |
|---|---|---|
| NBBK | ||
| Market (SPY) | 70.3% | 41.1% |
| Sector (XLF) | 43.7% | 57.0% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| NBBK Return | - | - | -2% | 34% | 11% | 4% | 51% |
| Peers Return | 51% | -8% | -19% | 19% | 9% | 3% | 50% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | -3% | 76% |
Monthly Win Rates [3] | |||||||
| NBBK Win Rate | - | - | 0% | 58% | 58% | 33% | |
| Peers Win Rate | 62% | 46% | 38% | 50% | 58% | 42% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 33% | |
Max Drawdowns [4] | |||||||
| NBBK Max Drawdown | - | - | -2% | -1% | -13% | -1% | |
| Peers Max Drawdown | -3% | -20% | -42% | -19% | -16% | -2% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -3% | |
[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 3/20/2026 (YTD)
How Low Can It Go
NBBK has limited trading history. Below is the Financials sector ETF (XLF) in its place.
| Event | XLF | S&P 500 |
|---|---|---|
| 2022 Inflation Shock | ||
| % Loss | -26.9% | -25.4% |
| % Gain to Breakeven | 36.7% | 34.1% |
| Time to Breakeven | 525 days | 464 days |
| 2020 Covid Pandemic | ||
| % Loss | -43.3% | -33.9% |
| % Gain to Breakeven | 76.5% | 51.3% |
| Time to Breakeven | 295 days | 148 days |
| 2018 Correction | ||
| % Loss | -26.1% | -19.8% |
| % Gain to Breakeven | 35.2% | 24.7% |
| Time to Breakeven | 338 days | 120 days |
| 2008 Global Financial Crisis | ||
| % Loss | -83.7% | -56.8% |
| % Gain to Breakeven | 515.2% | 131.3% |
| Time to Breakeven | 4,470 days | 1,480 days |
Compare to INDB, BBT, EBC, HIFS
In The Past
SPDR Select Sector Fund's stock fell -26.9% during the 2022 Inflation Shock from a high on 1/12/2022. A -26.9% loss requires a 36.7% gain to breakeven.
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About NB Bancorp (NBBK)
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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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```htmlJoseph 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.
Latest Trefis Analyses
| Title | Date | |
|---|---|---|
| DASHBOARDS | ||
| How Low Can NB Bancorp Stock Really Go? | 10/17/2025 |
| Title | |
|---|---|
| ARTICLES |
Trade Ideas
Select ideas related to NBBK.
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|---|---|---|---|---|---|---|---|
| 02282026 | NDAQ | Nasdaq | Insider | Insider Buys 45DStrong Insider BuyingCompanies with multiple insider buys in the last 45 days | 0.0% | 0.0% | 0.0% |
| 02272026 | JEF | Jefferies Financial | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 02272026 | ALAB | Astera Labs | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 0.0% | 0.0% | 0.0% |
| 02272026 | PAYO | Payoneer Global | Dip Buy | DB | CFO/Rev | Low D/EDip Buy with High Cash Flow MarginsBuying dips for companies with significant cash flows from operations and reasonable debt / market cap | 0.0% | 0.0% | 0.0% |
| 02272026 | FOUR | Shift4 Payments | Dip Buy | DB | FCF Yield | Low D/EDip Buy with High Free Cash Flow YieldBuying dips for companies with significant free cash flow yield (FCF / Market Cap) and reasonable debt / market cap | 0.0% | 0.0% | 0.0% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 28.80 |
| Mkt Cap | 2.4 |
| Rev LTM | 553 |
| Op Inc LTM | - |
| FCF LTM | 213 |
| FCF 3Y Avg | 139 |
| CFO LTM | 224 |
| CFO 3Y Avg | 149 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 24.5% |
| Rev Chg 3Y Avg | 21.5% |
| Rev Chg Q | 44.2% |
| QoQ Delta Rev Chg LTM | 12.0% |
| Op Mgn LTM | - |
| Op Mgn 3Y Avg | - |
| QoQ Delta Op Mgn LTM | - |
| CFO/Rev LTM | 34.3% |
| CFO/Rev 3Y Avg | 33.8% |
| FCF/Rev LTM | 34.0% |
| FCF/Rev 3Y Avg | 31.6% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 2.4 |
| P/S | 4.4 |
| P/EBIT | - |
| P/E | 18.0 |
| P/CFO | 12.9 |
| Total Yield | 6.8% |
| Dividend Yield | 2.6% |
| FCF Yield 3Y Avg | 7.8% |
| D/E | 0.3 |
| Net D/E | -0.1 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | -10.5% |
| 3M Rtn | -2.7% |
| 6M Rtn | 6.7% |
| 12M Rtn | 16.3% |
| 3Y Rtn | 28.7% |
| 1M Excs Rtn | -3.9% |
| 3M Excs Rtn | 1.4% |
| 6M Excs Rtn | 6.5% |
| 12M Excs Rtn | 1.6% |
| 3Y Excs Rtn | -40.9% |
Price Behavior
| Market Price | $20.46 | |
| Market Cap ($ Bil) | 0.7 | |
| First Trading Date | 12/28/2023 | |
| Distance from 52W High | -8.5% | |
| 50 Days | 200 Days | |
| DMA Price | $21.15 | $19.05 |
| DMA Trend | up | up |
| Distance from DMA | -3.3% | 7.4% |
| 3M | 1YR | |
| Volatility | 25.0% | 27.2% |
| Downside Capture | 82.07 | 62.98 |
| Upside Capture | 88.49 | 64.07 |
| Correlation (SPY) | 34.0% | 44.3% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 0.79 | 0.97 | 0.72 | 0.48 | 0.65 | 0.10 |
| Up Beta | 0.14 | 1.26 | 1.30 | 1.14 | 0.54 | 0.14 |
| Down Beta | 0.74 | 0.38 | 0.26 | 0.11 | 0.81 | -0.20 |
| Up Capture | 120% | 142% | 106% | 57% | 54% | 20% |
| Bmk +ve Days | 9 | 20 | 31 | 70 | 142 | 431 |
| Stock +ve Days | 11 | 21 | 32 | 61 | 122 | 266 |
| Down Capture | 78% | 93% | 51% | 36% | 73% | 68% |
| Bmk -ve Days | 12 | 21 | 30 | 54 | 109 | 320 |
| Stock -ve Days | 10 | 20 | 29 | 63 | 128 | 271 |
[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 | 10.1% | 27.2% | 0.34 | - |
| Sector ETF (XLF) | 0.0% | 19.1% | -0.12 | 53.7% |
| Equity (SPY) | 15.8% | 18.9% | 0.64 | 44.2% |
| Gold (GLD) | 48.2% | 27.0% | 1.45 | -5.6% |
| Commodities (DBC) | 17.8% | 17.4% | 0.83 | 7.6% |
| Real Estate (VNQ) | 1.0% | 16.4% | -0.11 | 41.1% |
| Bitcoin (BTCUSD) | -18.9% | 44.2% | -0.35 | 20.3% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NBBK | |
|---|---|---|---|---|
| NBBK | 8.5% | 26.2% | 0.67 | - |
| Sector ETF (XLF) | 9.1% | 18.7% | 0.37 | 57.0% |
| Equity (SPY) | 11.8% | 17.0% | 0.54 | 41.1% |
| Gold (GLD) | 20.7% | 17.5% | 0.97 | -1.5% |
| Commodities (DBC) | 10.9% | 19.0% | 0.46 | 3.4% |
| Real Estate (VNQ) | 2.8% | 18.8% | 0.06 | 38.7% |
| Bitcoin (BTCUSD) | 4.8% | 56.7% | 0.31 | 24.9% |
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Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with NBBK | |
|---|---|---|---|---|
| NBBK | 4.2% | 26.2% | 0.67 | - |
| Sector ETF (XLF) | 12.4% | 22.1% | 0.52 | 57.0% |
| Equity (SPY) | 14.2% | 17.9% | 0.68 | 41.1% |
| Gold (GLD) | 13.3% | 15.7% | 0.70 | -1.5% |
| Commodities (DBC) | 8.3% | 17.6% | 0.39 | 3.4% |
| Real Estate (VNQ) | 5.0% | 20.7% | 0.21 | 38.7% |
| Bitcoin (BTCUSD) | 66.9% | 66.8% | 1.06 | 24.9% |
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Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/22/2026 | -1.3% | 4.2% | 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% |
| 2/29/2024 | 0.1% | -0.6% | -2.9% |
| SUMMARY STATS | |||
| # Positive | 7 | 5 | 7 |
| # Negative | 1 | 3 | 1 |
| Median Positive | 2.9% | 7.5% | 4.0% |
| Median Negative | -1.3% | -0.6% | -2.9% |
| Max Positive | 4.1% | 11.7% | 7.5% |
| Max Negative | -1.3% | -3.6% | -2.9% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 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
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Evangelista, Paul A | EVP, Dir Spec. Bank. Ctr. | Direct | Buy | 12192025 | 20.87 | 2,000 | 41,743 | 554,467 | Form |
| 2 | Pascucci, Hope | Direct | Buy | 10292025 | 18.07 | 4,688 | 84,702 | 2,168,136 | Form | |
| 3 | Montgomery, Kenneth C | Direct | Buy | 9152025 | 18.44 | 5,000 | 92,200 | 1,481,414 | Form | |
| 4 | Darcey, William | Direct | Buy | 8122025 | 17.30 | 5,000 | 86,499 | 1,388,078 | Form | |
| 5 | Evangelista, Paul A | EVP, Dir Spec. Bank. Ctr. | Direct | Buy | 7252025 | 18.39 | 500 | 9,195 | 451,776 | Form |
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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