NB Bancorp (NASDAQ:NBBK) Upgraded by Zacks Research to “Hold” Rating

Posted by Geri Gentry on Jun 24th, 2026

Zacks Research upgraded shares of NB Bancorp (NASDAQ:NBBK – Free Report) from a strong sell rating to a hold rating in a report released on Monday morning,Zacks.com reports.

Several other equities research analysts have also commented on NBBK. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NB Bancorp in a report on Thursday, April 2nd. Piper Sandler reduced their price target on NB Bancorp from $25.00 to $24.00 and set an “overweight” rating for the company in a research report on Friday, April 24th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $24.00.

Read Our Latest Stock Analysis on NB Bancorp

NB Bancorp Stock Performance

Shares of NBBK stock opened at $20.72 on Monday. NB Bancorp has a 1 year low of $16.76 and a 1 year high of $22.86. The firm has a market capitalization of $926.39 million, a price-to-earnings ratio of 15.12 and a beta of 0.06. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.07 and a quick ratio of 1.06. The business has a fifty day moving average of $20.33 and a 200 day moving average of $20.78.

NB Bancorp (NASDAQ:NBBK – Get Free Report) last released its earnings results on Wednesday, April 22nd. The company reported $0.38 EPS for the quarter, missing analysts’ consensus estimates of $0.54 by ($0.16). NB Bancorp had a return on equity of 8.57% and a net margin of 13.81%.The firm had revenue of $69.38 million for the quarter, compared to analyst estimates of $70.83 million. As a group, research analysts expect that NB Bancorp will post 2.02 earnings per share for the current year.

NB Bancorp Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 20th. Shareholders of record on Wednesday, May 6th were issued a $0.07 dividend. The ex-dividend date of this dividend was Wednesday, May 6th. This represents a $0.28 dividend on an annualized basis and a yield of 1.4%. NB Bancorp’s payout ratio is presently 20.44%.

Insiders Place Their Bets

In other news, CEO Joseph P. Campanelli bought 3,000 shares of the stock in a transaction dated Friday, May 15th. The shares were acquired at an average cost of $19.18 per share, with a total value of $57,540.00. Following the purchase, the chief executive officer directly owned 377,790 shares in the company, valued at $7,246,012.20. The trade was a 0.80% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Hope Pascucci bought 20,000 shares of the company’s stock in a transaction dated Friday, April 24th. The shares were acquired at an average price of $19.46 per share, for a total transaction of $389,200.00. Following the completion of the transaction, the director directly owned 142,402 shares in the company, valued at approximately $2,771,142.92. This trade represents a 16.34% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired 25,500 shares of company stock valued at $495,365 in the last ninety days. 5.10% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On NB Bancorp

A number of large investors have recently bought and sold shares of the business. Bank of America Corp DE boosted its position in NB Bancorp by 31.1% during the first quarter. Bank of America Corp DE now owns 118,801 shares of the company’s stock worth $2,503,000 after purchasing an additional 28,160 shares in the last quarter. Royal Bank of Canada grew its holdings in NB Bancorp by 7.0% in the first quarter. Royal Bank of Canada now owns 13,268 shares of the company’s stock valued at $280,000 after purchasing an additional 868 shares during the period. Empowered Funds LLC increased its position in shares of NB Bancorp by 10.0% in the first quarter. Empowered Funds LLC now owns 168,394 shares of the company’s stock valued at $3,548,000 after buying an additional 15,244 shares in the last quarter. Quantinno Capital Management LP increased its position in shares of NB Bancorp by 11.2% in the first quarter. Quantinno Capital Management LP now owns 25,941 shares of the company’s stock valued at $547,000 after buying an additional 2,620 shares in the last quarter. Finally, Lazard Asset Management LLC increased its position in shares of NB Bancorp by 9.9% in the first quarter. Lazard Asset Management LLC now owns 57,302 shares of the company’s stock valued at $1,207,000 after buying an additional 5,142 shares in the last quarter.

NB Bancorp Company Profile

(Get Free Report)

NB Bancorp, Inc (NASDAQ: NBBK) is the bank holding company for NB Bank, N.A., a full-service community bank headquartered in Newburyport, Massachusetts. Through a network of branches across Northeast Massachusetts and southern New Hampshire, the company offers deposit and lending services tailored to individuals and small- to medium-sized businesses.

The company’s core product lineup includes checking and savings accounts, money market deposits and certificates of deposit, along with residential mortgage loans, home equity lines of credit and commercial lending solutions.