Zacks Research Upgrades NB Bancorp (NASDAQ:NBBK) to Hold

Posted by Stanley Muller on Jun 24th, 2026

NB Bancorp (NASDAQ:NBBK – Get Free Report) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Monday,Zacks.com reports.

NBBK has been the subject of several other research reports. Piper Sandler dropped their price target on shares of NB Bancorp from $25.00 to $24.00 and set an “overweight” rating for the company in a research note on Friday, April 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of NB Bancorp in a research note on Thursday, April 2nd. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $24.00.

Read Our Latest Research Report on NB Bancorp

NB Bancorp Price Performance

NBBK opened at $20.72 on Monday. The stock’s 50-day moving average price is $20.33 and its 200 day moving average price is $20.78. NB Bancorp has a 12-month low of $16.76 and a 12-month high of $22.86. The firm has a market cap of $926.39 million, a price-to-earnings ratio of 15.12 and a beta of 0.06. The company has a current ratio of 1.07, a quick ratio of 1.06 and a debt-to-equity ratio of 0.23.

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

Insider Activity

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

Institutional Trading of NB Bancorp

Several institutional investors have recently modified their holdings of NBBK. Bank of America Corp DE boosted its holdings in shares of NB Bancorp by 31.1% in the 1st quarter. Bank of America Corp DE now owns 118,801 shares of the company’s stock valued at $2,503,000 after buying an additional 28,160 shares in the last quarter. Royal Bank of Canada raised its stake in NB Bancorp by 7.0% during the 1st quarter. Royal Bank of Canada now owns 13,268 shares of the company’s stock worth $280,000 after acquiring an additional 868 shares in the last quarter. Empowered Funds LLC lifted its position in 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 acquiring an additional 15,244 shares during the last quarter. Quantinno Capital Management LP lifted its position in 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 acquiring an additional 2,620 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its position in 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 acquiring an additional 5,142 shares during 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.