NB Bancorp Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 54 out of 394 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 23.00.In the medium term, the stock price is expected to trend down.Despite a weak stock market performance over the past month, 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
54 / 394
Overall Ranking
118 / 4482
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative
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 44.76% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 212.81M.
Fairly Valued
The company’s latest PB is 1.02, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 25.59M shares, increasing 12.40% 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).