NBBK earnings analysis
What we found in NBBK's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
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.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- 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.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- 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.
What they reported.
What the company itself reported, taken out of the document.
- Earnings per share
- $0.55
What they said about what is next.
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.
The filing reads about the same as the one before it.
What came before.
- 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…
- 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. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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