NB Bancorp (NBBK)
Runs Needham Bank's deposit-funded lending franchise across Greater Boston and nearby markets.
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Operates Needham Bank, a Massachusetts community bank built around deposits, commercial real estate, residential, construction, C&I, mortgage warehouse, and consumer lending. The footprint centers on Greater Boston and nearby New England markets, with BankProv integration adding southern New Hampshire exposure.
Operates through Needham Bank, the Massachusetts community bank founded in 1892 and now owned by the Nasdaq-listed holding company created in the mutual-to-stock conversion. Deposits fund a lending book that includes commercial real estate and multifamily, residential mortgage and home equity, construction and land development, commercial and industrial, mortgage warehouse, and consumer loans.
The franchise is concentrated in Greater Boston, surrounding Massachusetts communities, eastern Connecticut, southern New Hampshire, and Rhode Island. The BankProv acquisition added offices, warehouse lending, and a larger southern New Hampshire presence.
Execution rests on relationship banking, local builder and developer expertise, and integration under Joseph P. Campanelli. The model depends on credit quality, deposit funding, interest-rate spreads, local loan demand, and bank regulation.
Company facts
Categories
Target rangeAs of Sep 2, 2026
Latest analyst notes
| Date | Firm | Action | Rating | Prior target | Target |
|---|---|---|---|---|---|
| Jul 23, 2026 | Piper Sandler | Reiterate | Overweight | $24 | $26 |
| Apr 24, 2026 | Piper Sandler | Reiterate | Overweight | $23 | $24 |
| Nov 20, 2025 | Piper Sandler | Reiterate | Overweight | $22 | $23 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $672.8M · Total debt $181.2M · Total assets $7.45B · Shareholders' equity $842.0M
- Revenue
- $117.4M
- Operating income
- $27.5M
- Net income
- $21.1M
To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Aug 5, 2026 | Aug 5 | Aug 19 | $0.07 | |
| May 6, 2026 | May 6 | May 20 | $0.07 | |
| Feb 5, 2026 | Feb 5 | Feb 19 | $0.07 | |
| Nov 5, 2025 | Nov 5 | Nov 19 | $0.07 | |
| Aug 6, 2025 | Aug 6 | Aug 20 | $0.07 |
| Institutions165 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | ≈ 51.19% | 22.88M shares | |
| Insiders23 holders · as of Aug 21, 2026 | 4.90% | 2.19M shares | |
| Otherremainder | ≈ 43.91% | 19.63M shares |
44.71M company shares as of Sep 3, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Evidence |
|---|---|---|---|
Needham Bank Employee Stock Ownership Plan TrustInstitution | 7.64% | 3.42M | 13Gfiled Feb 13, 2026 ↗ |
BlackRock, Inc.Institution | 7.45% | 3.33M | 13Fas of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 3.74% | 1.67M | 13Fas of Jun 30, 2026 |
Altravue Capital, LLCInstitution | 3.70% | 1.66M | 13Fas of Jun 30, 2026 |
Pertento Partners LLPInstitution | 3.30% | 1.48M | 13Fas of Jun 30, 2026 |
| See all 25 → | |||
13F — a manager's quarterly holdings · 13D/13G — an ownership statement filed at 5% or more
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 20, 2026 | Joseph P. Campanelli | director, officer, other: President & CEO | +2,000 | $21.75 |
| Aug 20, 2026 | Jean-Pierre Lapointe | officer: SEVP and CFO | +200 | $21.80 |
| Aug 14, 2026 | Kevin Henkin | officer: EVP, Chief Credit Officer | −2,000 | $22.93 |
| May 15, 2026 | Joseph P. Campanelli | director, officer, other: President & CEO | +3,000 | $19.18 |
| Apr 24, 2026 | Joseph P. Campanelli | director, officer, other: President & CEO | +2,500 | $19.45 |
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ComparePre-market
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| NB Bancorp | $24.00 | +6.19% | $938.0M | 15.2 | 9.2 | 2.5 | −10.0% |
| Eastern Bankshares | $21.91 | −0.48% | $5.09B | 12.5 | 10.9 | 3.6 | +29.6% |
| Independent Bank | $81.60 | +2.08% | $3.94B | 14.7 | 10.6 | 3.1 | +1.1% |
| Beacon Financial | $31.03 | −0.74% | $2.63B | 23.7 | 9.8 | 2.3 | +92.8% |
| Washington Trust Bancorp | $39.30 | −0.40% | $752.3M | 13.7 | 11.5 | 2.0 | +11.4% |
| Hingham Institution for Savings | $294.61 | −0.03% | $643.6M | 9.8 | — | 2.6 | +33.1% |
| Camden National | $57.10 | +1.66% | $965.7M | 10.9 | 10.3 | 2.8 | +20.5% |
| Citizens Financial Group | $69.98 | +0.33% | $29.51B | 15.2 | 11.9 | 2.6 | +12.1% |
| Median | 13.7 | 10.8 | 2.6 | +20.5% |