Joseph B. Reilly
Upon and subject to the completion of the Merger, Joseph B. Reilly, Provident’s Director, President and Chief Executive Officer will join the respective Boards of Directors of the Company and Needham Bank.
Highest-materiality recent filing
NB Bancorp posts slide presentation for June 2 investor meeting
Presentation covers the company's operations and financial performance.
NB Bancorp completes stock repurchase; 2.2M shares bought at avg $20.96
Repurchased 2,207,236 shares (~5% of outstanding) at average price $20.96/share.
NB Bancorp stockholders elect directors, ratify auditor at 2026 annual meeting
Elected five directors: Ayoub, Campanelli, Darcey, Reilly, Whalen for three-year terms.
NB Bancorp Q1 net income $15.0M, EPS $0.36; declares $0.07 dividend
Net income $15.0M ($0.36 diluted EPS) vs $7.7M ($0.19) prior quarter; operating net income $15.8M ($0.38).
NB Bancorp provides Feb 4, 2026 investor presentation at Janney conference
Presented at Janney Investor Conference on February 4, 2026.
NB Bancorp reports Q4 net income $7.7M; operating EPS $0.51; approves share repurchase
Net income $7.7M ($0.19 diluted EPS); operating net income $21.2M ($0.51) after $15.7M merger costs.
NB Bancorp completes acquisition of Provident Bancorp; issues ~5.94M shares
Merger closed Nov 15, 2025; each Provident share converts to 0.691 NBBK shares or $13 cash, prorated 50/50.
NB Bancorp and Provident Bancorp close merger effective Nov 15, 2025; PVBC delisted
All closing conditions satisfied; merger effective shortly after midnight (ET) on November 15, 2025.
NB Bancorp finalizes merger proration; 66.4% of cash electors get cash, ~5.94M shares to be issued
Stock election: 16.31% of shares; cash election: 75.33%; non-election: 8.36%.
NBBK announces final proration: 66.4% of PVBC cash electors get cash, balance stock
Elections: 16.31% stock, 75.33% cash, 8.36% non-election; after proration 66.377% of cash electors receive cash, 33.623% receive stock.
NB Bancorp presents at KBW investor conference; no specific financial figures in filing text
Made slide presentation available at in-person KBW investor meeting on Nov 4, 2025.
NB Bancorp-Provident merger to close Nov 15; election deadline Nov 7
Election deadline for Provident stockholders to choose merger consideration is 5:00 p.m. ET on Nov 7, 2025.
NB Bancorp Q3 2025 net income $15.4M ($0.43 EPS), declares $0.07 dividend
Net income $15.4M ($0.43 diluted) vs $14.6M ($0.39) prior quarter; operating net income $16.0M ($0.45) excluding $994K merger costs for Provident acquisition.
Net income $15.4M ($0.43 diluted EPS) vs $14.6M ($0.39) prior quarter; operating net income $16.0M ($0.45).
NB Bancorp receives all regulatory approvals for Provident Bancorp acquisition; closing Nov 14, 2025
All regulatory approvals for Needham's acquisition of Provident have been received.
NB Bancorp distributes stock/cash election forms for Provident merger; closing targeted Nov 15
Exchange agent mailed election forms Oct 7; deadline Nov 7 at 5pm ET (ESOP/401k Oct 31).
NB Bancorp slides at investor conference; exhibit lacks detailed data
Filed slide presentation for KBW Investor Conference on July 29, 2025.
NB Bancorp Q2 net income $14.6M ($0.39 EPS), up 15% QoQ; initiates $0.07 dividend
Net income $14.6M ($0.39 diluted EPS) vs $12.7M ($0.33) prior Q; operating net income $15.0M ($0.40).
NB Bancorp completes stock repurchase program, repurchased 2M shares at avg $17.96
Under the plan, repurchased 2,028,522 shares (~5% of then-outstanding stock) at avg price $17.96 (incl. commission and excise tax).
Provident shareholders elect either 0.691 NBBK shares or $13.00 cash per share, subject to 50% stock/50% cash proration.
NB Bancorp to acquire Provident Bancorp; shareholders get 0.691 shares or $13 cash
Election of 0.691 NBBK shares or $13 cash per Provident share, prorated to 50% stock/50% cash.
NB Bancorp authorizes 2nd stock repurchase plan for up to 5% of shares outstanding
Plan authorizes repurchase of up to 2,028,522 shares, approx. 5.0% of outstanding shares.
NB Bancorp shareholders elect four directors and approve 2025 equity plan at annual meeting
Elected Susan Elliott, Christopher Lynch, Kenneth Montgomery, and Francis Orfanello as directors for three-year terms; votes ranged 24.6-24.7M for each.
NB Bancorp Q1 net income $12.7M ($0.33 EPS) vs $15.6M prior; operating EPS $0.35
Operating net income $13.7M ($0.35 diluted) vs $13.3M ($0.34) prior quarter; GAAP includes $884K pension liquidation charge.
NB Bancorp completes 5% stock repurchase, buying back 2.1M shares at $19.06
Repurchased 2,135,286 shares, or approximately 5% of then-outstanding common stock.
Needham Bank freezes benefits under Director Retirement Plan and NQ Deferred Comp Plan
Director Retirement Plan benefit frozen as of Dec 31, 2024; no further accruals.
NB Bancorp presents at Janney Investor Conference; no material new info disclosed
Company made slide presentation available on January 29, 2025 at Janney Investor Conference.
Net income of $15.6M ($0.40 diluted EPS) vs $8.4M ($0.21) prior quarter; operating net income $13.3M ($0.34).
NB Bancorp appoints Christine Roberts as COO, succeeding Salvatore Rinaldi who retired
Salvatore Rinaldi resigned as COO effective Jan 3, 2025; will assist transition until Feb 7, 2025.
NB Bancorp presents at Piper Sandler conference; no new financial details disclosed in filing
Company made slide presentation available at an in-person investors bank meeting on November 14, 2024.
NB Bancorp Q3 net income $8.4M ($0.21/sh), down from $9.5M prior quarter; operating EPS $0.33
Net income $8.4M ($0.21 diluted) vs $9.5M ($0.24) prior quarter; operating net income $13.1M ($0.33) excluding $4.8M one-time charges.
NB Bancorp appoints Kenneth Montgomery to board, Francis Orfanello as Lead Independent Director
Kenneth C. Montgomery appointed to NB Bancorp and Needham Bank boards, effective September 12, 2024.
NB Bancorp presents at KBW conference; slides provide financial and operational update
Presentation includes information on NB Bancorp's operations and financial performance.
NB Bancorp Q2 net income $9.5M ($0.24 EPS); COO to retire
Net income $9.5M ($0.24 diluted EPS) vs $8.7M ($0.22) prior quarter.
NB Bancorp slide presentation at investor meeting; no specific financial data in filing
NB Bancorp made a slide presentation available at a virtual investor bank meeting on June 4, 2024.
NB Bancorp annual meeting elects four directors, ratifies auditor Elliott Davis
Angela Jackson, Joseph Nolan, Hope Pascucci, Raza Shaikh elected as directors with >16.7M shares for each.
NB Bancorp Q1 net income $8.7M, EPS $0.22, vs prior-quarter loss of $13.6M
Diluted EPS of $0.22 vs ($0.32) in Q4 2023; net income of $8.7M vs net loss of $13.6M.
Net income $9.8M vs $30.1M prior year; excluding one-time conversion/IPO costs, adj. net income $34.3M.
NB Bancorp appoints JP Lapointe as CFO, succeeding Danielle Walsh
Danielle Walsh resigned as CFO effective Feb 1, 2024; will assist transition through Mar 29.
Completed IPO of 40,997,500 shares at $10.00 per share in mutual-to-stock conversion of NB Financial, MHC.
NB Bancorp expects conversion and IPO close Dec 27; 40.9975M shares at $10 on Nasdaq
Conversion and IPO close expected Dec 27, 2023; shares to trade on Nasdaq under "NBBK" on Dec 28.
NB Bancorp hires Piper Sandler for stock offering in mutual-to-stock conversion
Piper Sandler will market common stock in connection with NB Financial MHC's conversion to a stock holding company.
Upon and subject to the completion of the Merger, Joseph B. Reilly, Provident’s Director, President and Chief Executive Officer will join the respective Boards of Directors of the Company and Needham Bank.
Upon and subject to the completion of the Merger, Joseph B. Reilly, Provident’s Director, President and Chief Executive Officer will join the respective Boards of Directors of the Company and Needham Bank.
effective January 3, 2025, Salvatore Rinaldi resigned as Chief Operating Officer of the Company and its subsidiary, Needham Bank (the “Bank”).
effective January 6, 2025, Christine Roberts was appointed Executive Vice President and Chief Operating Officer of the Company and the Bank.
On September 12, 2024, the Board of the Company also appointed Francis Orfanello as Lead Independent Director, effective immediately.
On September 12, 2024, the Board of Directors (the “Board”) of NB Bancorp, Inc. (the “Company”) appointed Kenneth C. Montgomery as a director of the Company, effective immediately.
Salvatore Rinaldi, the Company’s Chief Operating Officer, notified the Company’s Chief Executive Officer and the Board of Directors on July 24, 2024 that he would be retiring from his role as Chief Operating Officer of the Company and of Needham Bank once his successor is identified and appointed as Chief Operating Officer and begins employment with Needham Bank.
Jean-Pierre (“JP”) Lapointe was appointed Executive Vice President and Chief Financial Officer of the Company and the Bank.
Danielle Walsh resigned as Chief Financial Officer of the Company and of Needham Bank (the “Bank”).
Max materiality 0.85 · Median 0.65 · Most common event other_material