
NBBK Stock Forecast & Price Target
NBBK Analyst Ratings
Bulls say
NB Bancorp Inc. has demonstrated strong financial performance, highlighted by a robust 4% sequential growth in loan balances, primarily driven by a significant 36% increase in multi-family loans due to conversions of construction loans into permanent financing. Additionally, the bank reported a 4% quarter-over-quarter increase in core deposits, alongside a tangible book value per share (TBVPS) of $18.48, reflecting a $0.42 rise from the previous quarter. With a solid capital position evidenced by a total capital equity (TCE) ratio of approximately 11.3% and a strengthening deposit base, NB Bancorp is well-positioned for sustainable balance sheet growth and enhanced profitability in the future.
Bears say
NB Bancorp Inc. is experiencing a decline in key financial metrics that contribute to a negative outlook on its stock. The net interest margin decreased to 3.78%, falling short of expectations, and the total equity capital ratio also dropped to 13.53%, indicating potential financial strain. Additionally, a significant reduction in borrowed funds by 68% and a decrease in fee income from 8% to 7% of total revenues raise concerns about the company's revenue-generating capabilities and overall stability.
This aggregate rating is based on analysts' research of NB Bancorp Inc and is not a guaranteed prediction by Public.com or investment advice.
NBBK Analyst Forecast & Price Prediction
Start investing in NBBK
Order type
Buy in
Order amount
Est. shares
0 shares