The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
NB Bancorp Inc's Score
Industry at a Glance
Industry Ranking
127 / 408
Overall Ranking
199 / 4617
Industry
Banking Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Buy
Current Rating
21.500
Target Price
+18.98%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
NB Bancorp Inc Highlights
StrengthsRisks
NB Bancorp, Inc. is a holding company for Needham Bank (the Bank), which is a Massachusetts-chartered cooperative bank. The Banks lending activities include commercial real estate and multifamily loans, one- to four-family residential real estate loans, construction and land development loans, commercial and industrial loans, and consumer loans. It also invests in securities, consisting primarily of United States treasury and federal agency securities, municipal bonds, and corporate bonds. It also offers a variety of deposit accounts, including certificate of deposit accounts, IRAs, money market accounts, savings accounts, demand deposit accounts and interest-bearing and noninterest-bearing checking accounts. Its primary market area is the Greater Boston metropolitan area and surrounding communities, including eastern Connecticut, southern New Hampshire, and Rhode Island. It has branches in Wellesley, Westwood, Dedham, Medfield, Medford, Dover, Ashland, Millis, and others.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 51.85% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 172.07M.
Fairly Valued
The company’s latest PB is 0.96, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 18.92M shares, decreasing 3.25% quarter-over-quarter.
NB Bancorp, Inc. is a holding company for Needham Bank (the Bank), which is a Massachusetts-chartered cooperative bank. The Banks lending activities include commercial real estate and multifamily loans, one- to four-family residential real estate loans, construction and land development loans, commercial and industrial loans, and consumer loans. It also invests in securities, consisting primarily of United States treasury and federal agency securities, municipal bonds, and corporate bonds. It also offers a variety of deposit accounts, including certificate of deposit accounts, IRAs, money market accounts, savings accounts, demand deposit accounts and interest-bearing and noninterest-bearing checking accounts. Its primary market area is the Greater Boston metropolitan area and surrounding communities, including eastern Connecticut, southern New Hampshire, and Rhode Island. It has branches in Wellesley, Westwood, Dedham, Medfield, Medford, Dover, Ashland, Millis, and others.