10-Q · May 8, 2026
NB Bancorp reported Q1 2026 earnings that did not meet market expectations, with a net income of $15 million, which reflects an 18.4% increase year-over-year from $12.7 million in Q1 2025. However, with actual revenues…
Earnings analysis · 10-Q
NBBK earnings analysis
Filed August 7, 2026 · Our reading of the company's report
The latest report
NBBK delivered second-quarter revenue of $74.704 million and diluted EPS of $0.55, beating consensus estimates by 2.9% and 14.6%, respectively. Results improved sequentially from $69.4 million of revenue and $0.36 EPS,…
Read full summary
NBBK delivered second-quarter revenue of $74.704 million and diluted EPS of $0.55, beating consensus estimates by 2.9% and 14.6%, respectively. Results improved sequentially from $69.4 million of revenue and $0.36 EPS, but revenue declined approximately 11.1% from the prior-year period’s $84 million. The company repurchased 918,727 shares at an average $20.13 per share and completed the program on May 13, 2026; no quantitative forward guidance or material risk-factor changes were provided.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $0.55
What stood out
-
Sequential revenue and EPS improvement
Second-quarter revenue was $74.704 million and diluted EPS was $0.55. Revenue increased from the prior quarter’s $69.4 million, while EPS increased from $0.36.
-
Beat on EPS and revenue
EPS exceeded the $0.48 consensus estimate by $0.07, or 14.6%, while revenue exceeded the $72.634 million estimate by $2.070 million, or 2.9%.
-
Significant share repurchases
The company repurchased 918,727 shares during April and May 2026 at an average price of $20.13 per share.
-
Repurchase authorization completed
The company completed its share repurchase plan on May 13, 2026, leaving 0 shares available under the program at June 30, 2026.
-
Controls remained effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026, and reported 0 material changes in internal controls during the quarter.
What to watch
-
Year-over-year revenue decline
Revenue of $74.704 million was below the prior-year period’s $84 million, a decline of approximately 11.1%, indicating a year-over-year contraction despite sequential improvement.
-
No quantitative guidance
The filing provides no quantitative forward EPS or revenue outlook, leaving no formal numeric guidance against which to assess future performance.
-
Existing risks remain unchanged
Item 1A reports 0 material changes to the risk factors disclosed in the December 31, 2025 Form 10-K. Accordingly, previously identified risks, including funding and commercial-real-estate exposure, remain applicable but were not updated in this filing.
Management's outlook
The filing provides no quantitative forward revenue or EPS outlook; Item 1A states there were no material changes to the risk factors disclosed in the December 31, 2025 Form 10-K.
Earlier filings 4
10-K · March 3, 2026
NB Bancorp completed the Provident/BankProv acquisition on November 15, 2025 (consideration $111.8M cash + 5,943,682 shares valued at $114.7M) and expanded its loan/deposit footprint by roughly $1.40B in assets, $1.18B…
10-K · March 7, 2025
NB Bancorp’s 2024 10-K describes a growth-oriented community bank strategy focused on commercial real estate, multifamily and structured commercial lending, investments in cash-management/tech and measured deposit…
10-Q · November 8, 2024
Q3 2024 results show strong net interest income and balance sheet growth but pressure from rising funding costs, a securities sale loss and an accounting adoption that reduced equity. Net interest income increased…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.