NB Bancorp Inc's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 57/403 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 22.00.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its 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
57 / 403
Overall Ranking
111 / 4568
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Buy
Current Rating
22.000
Target Price
+7.84%
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 the bank holding company for Needham Bank (the Bank). The Bank is a Massachusetts-chartered cooperative bank. The Bank offers an array of tech-forward products and services that businesses and consumers need to manage their financial needs. The Bank’s business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in 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. The Bank 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. The Bank has branch locations in Wellesley, Westwood, Dedham, Medfield, Medford, Dover, Ashland, Millis, Natick and Boston (Mission Hill).
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.
Overvalued
The company’s latest PB is 1.13, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 18.82M shares, decreasing 1.92% quarter-over-quarter.
NB Bancorp, Inc. is the bank holding company for Needham Bank (the Bank). The Bank is a Massachusetts-chartered cooperative bank. The Bank offers an array of tech-forward products and services that businesses and consumers need to manage their financial needs. The Bank’s business consists primarily of taking deposits from the general public and investing those deposits, together with funds generated from operations, in 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. The Bank 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. The Bank has branch locations in Wellesley, Westwood, Dedham, Medfield, Medford, Dover, Ashland, Millis, Natick and Boston (Mission Hill).