Highest-materiality recent filing
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 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 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-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 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 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.
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 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 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 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.
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.
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