
NBBK Stock Forecast & Price Target
NBBK Analyst Ratings
Bulls say
NB Bancorp Inc. demonstrates strong credit quality, with non-performing assets (NPAs) maintaining an impressive 0.24% of total assets, reflecting a stable financial position. The company experienced notable loan growth, particularly in the multifamily segment, which surged by 36%, contributing to a sequential increase of 4% in overall loan balances. Additionally, the net interest margin improved to 3.82%, exceeding previous estimates by 21 basis points, while core deposits also rose by 4% quarter-over-quarter, indicating a solid and growing funding base.
Bears say
NB Bancorp has experienced a minor decrease in net interest margin, which fell to 3.78%, representing a reduction from both the previous quarter and analyst expectations, signaling potential concerns regarding profitability. Additionally, a notable 10% decline in construction loan balances suggests weakening demand in that segment, which is critical given the company's investment strategy. Furthermore, while the core efficiency ratio improved to 56%, the decline in tangible book value per share (TBVPS) by $0.14 to $18.06 raises further doubts about the company's overall financial health and market competitiveness.
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
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