Financial Snapshot

Revenue
$279.6M
TTM
Gross Margin
Net Earnings
$12.92M
TTM
Current Assets
$166.9M
Q3 2024
Current Liabilities
$4.134B
Q3 2024
Current Ratio
4.04%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$747.4M
Q3 2024
Cash
Q3 2024
P/E
66.05
Nov 29, 2024 EST
Free Cash Flow
$34.43M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021
Revenue $220.5M $121.8M $93.11M
YoY Change 81.07% 30.79%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021
Revenue $220.5M $121.8M $93.11M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021
Selling, General & Admin $7.595M $59.31M $46.93M
YoY Change -87.19% 26.39%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.700M $2.363M $2.100M
YoY Change 14.26% 12.52%
% of Gross Profit
Operating Expenses $7.595M $69.08M $51.95M
YoY Change -89.01% 32.98%
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021
Interest Expense $90.44M -$15.55M -$12.63M
YoY Change -681.71% 23.1%
% of Operating Profit
Other Income/Expense, Net -$4.707M -$1.829M -$1.398M
YoY Change 157.35% 30.83%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021
Pretax Income $11.84M $36.39M $27.63M
YoY Change -67.45% 31.69%
Income Tax $2.019M $6.323M $6.057M
% Of Pretax Income 17.05% 17.38% 21.92%
Net Earnings $9.825M $30.07M $21.58M
YoY Change -67.32% 39.35%
Net Earnings / Revenue 4.46% 24.69% 23.17%
Basic Earnings Per Share $0.23
Diluted Earnings Per Share $0.23 $0.73 $0.53

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021
Cash & Short-Term Investments $90.49M $131.1M $457.2M
YoY Change -30.97% -71.33%
Cash & Equivalents $90.49M $131.1M $457.2M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $107.8M $141.9M $464.7M
YoY Change -24.06% -69.46%
Property, Plant & Equipment $46.08M $35.34M $29.21M
YoY Change 30.37% 21.01%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $410.2M $302.8M $283.8M
YoY Change 35.44% 6.71%
Other Assets $14.20M $10.88M $8.385M
YoY Change 30.51% 29.72%
Total Long-Term Assets $4.426B $3.450B $2.458B
YoY Change 28.26% 40.38%
Total Assets $4.533B $3.592B $2.923B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $100.5M $64.38M $28.10M
YoY Change 56.16% 129.13%
Deferred Revenue
YoY Change
Short-Term Debt $3.670B $2.887B $2.565B
YoY Change 27.13% 12.56%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.770B $2.951B $2.593B
YoY Change 27.76% 13.83%
Long-Term Debt $835.0K $293.1M $256.0K
YoY Change -99.72% 114385.16%
Other Long-Term Liabilities $4.229M $4.064M $3.650M
YoY Change 4.06% 11.34%
Total Long-Term Liabilities $5.064M $297.1M $3.906M
YoY Change -98.3% 7507.42%
Total Liabilities $3.775B $3.248B $2.597B
YoY Change 16.23% 25.1%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021
Basic Shares Outstanding 42.02M
Diluted Shares Outstanding 42.02M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $853.26 Million

About NB Bancorp, Inc.

NB Bancorp, Inc. operates as a holding company whose subsidiary operates as a state chartered bank. The company is headquartered in Needham, Massachusetts. The company went IPO on 2023-12-28. The Banks lending activities include 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. The company also invests in securities, consisting primarily of United States treasury and federal agency securities, municipal bonds, and corporate bonds. The company also offers a variety of deposit accounts, including certificate of deposit accounts, IRAs, money market accounts, savings accounts, demand deposit accounts and interest-bearing and noninterest-bearing checking accounts. Its primary market area is the Greater Boston metropolitan area and surrounding communities, including eastern Connecticut, southern New Hampshire, and Rhode Island. The company has branches in Wellesley, Westwood, Dedham, Medfield, Medford, Dover, Ashland, Millis, and others.

Industry: Savings Institutions, Not Federally Chartered Peers: TRUIST FINANCIAL CORP Business First Bancshares, Inc. GREAT SOUTHERN BANCORP, INC. HORIZON BANCORP INC /IN/ MERCANTILE BANK CORP MetroCity Bankshares, Inc. Midland States Bancorp, Inc. OLD SECOND BANCORP INC TRUSTCO BANK CORP N Y UNIVEST FINANCIAL Corp