NB Bancorp, Inc.

NB Bancorp, Inc. announced strong financial results for the second quarter of 2026, with net income rising to $21.1 million, or $0.53 per diluted common share, a significant increase from the prior quarter. The company also declared a quarterly cash dividend of $0.07 per share. Key performance indicators showed improvement, including net interest margin expansion, disciplined growth in loans and deposits, and enhanced asset quality with reduced net charge-offs and non-performing loans. The company highlighted strategic investments in technology and operational capabilities to support continued profitable growth.

NB Bancorp, Inc. made an investor presentation available, detailing its operations and financial performance for the first quarter of 2026. The company reported GAAP net income of $15.0 million, or $0.36 per diluted share, and operating net income of $15.8 million, or $0.38 per diluted share. The presentation highlighted significant growth in gross loans and core deposits, an expanded net interest margin, and a strong capital position following the BankProv acquisition.

NB Bancorp, Inc. announced the completion of its latest stock repurchase program on May 13, 2026. Under this program, the company repurchased 2,207,236 shares, representing approximately 5% of its outstanding common stock, at an average price of $20.96 per share. Cumulatively, since January 2025, NB Bancorp has repurchased 6,371,044 shares, or 16% of its IPO shares, at a weighted average price of $19.25. The company's tangible book value per share was $18.00 as of March 31, 2026.

NB Bancorp, Inc. announced its financial results for the first quarter ended March 31, 2026, through a press release. Concurrently, the company's Board of Directors approved the Executive Annual Incentive Plan (EAIP), effective January 1, 2026. This plan is designed to provide senior management executives with annual cash incentive awards, contingent upon the achievement of established performance goals.