NB Bancorp (NBBK)

• Market cap: $800M
• 1 day: 0.11%
• 5 days: -7.87%
• 1 month: -6.02%
• 3 months: 2.02%
• 6 months: 29.98%
• Year to date: 37.82%
• 1 year: 36.02%
• 5 years: 36.02%
• 10 years: 36.02%
• Sector: Financials
• Industry: Savings Institutions, Not Federally Chartered

About: NB Bancorp Inc operates as the holding company of Needham Bank. Its business consists 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.

Employees: 102

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

37,394% more call options, than puts

Call options by funds: $6M | Put options by funds: $16K

123% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 13

57% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 23

36% more capital invested

Capital invested by funds: $257M [Q2] → $349M (+$92.1M) [Q3]

18% more funds holding

Funds holding: 91 [Q2] → 107 (+16) [Q3]

4.51% more ownership

Funds ownership: 39.8% [Q2] → 44.31% (+4.51%) [Q3]

33% less funds holding in top 10

Funds holding in top 10: 3 [Q2] → 2 (-1) [Q3]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $22 17% upside
• Avg. target: $22 17% upside
• High target: $22 17% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Piper Sandler Mark Fitzgibbon 73% 1-year accuracy 11 / 15 met price target

17% upside $22

Overweight Maintained

31 Oct 2024