NB Bancorp Q3 2026 Net Income Rises 9.5% to $23.1M; Declares $0.07 Dividend
NBBK sits 32% above its 52-week low of $16.92.
Summary
NB Bancorp reported Q3 2026 net income of $23.1 million ($0.58 diluted EPS), up 9.5% from Q2, with loan and deposit growth and a $0.07 quarterly dividend. Credit costs rose on a single acquired BankProv loan charge-off, lifting net charge-offs to 0.31% of average loans.
Key Events · Earnings and Guidance · NBBK
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Q3 2026 Net Income $23.1M
Net income of $23.1 million, or $0.58 per diluted share, up 9.5% from $21.1 million ($0.53) in Q2 2026; operating net income was $23.8 million ($0.60 diluted).
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Loan and Deposit Growth
Gross loans rose 5.3% to $6.77 billion and total deposits rose 3.2% to $6.52 billion; net interest margin slipped 3 basis points to 3.97%.
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Credit Costs Jump on PCD Loan
Annualized net charge-offs rose to 0.31% of average loans from 0.07%, driven by a $4.0 million charge-off on a previously reserved PCD C&I loan from the BankProv acquisition; non-performing loans rose 30.4% to $36.1 million (0.53% of loans).
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$0.07 Quarterly Dividend Declared
Payable November 12, 2026 to shareholders of record as of October 29, 2026.
Analysis · NBBK · Finance
NB Bancorp's Q3 2026 net income rose 9.5% sequentially to $23.1 million ($0.58 diluted EPS) on 3.3% higher net interest income, with gross loans up 5.3% and deposits up 3.2%. The offsetting negative is credit: net charge-offs jumped to 0.31% of average loans (annualized) from 0.07% and non-performing loans rose 30.4% to $36.1 million, both tied to a single acquired BankProv PCD loan that was charged off and settled with no additional loss. The board also declared a $0.07 quarterly dividend payable November 12, 2026. The stock trades near its 52-week high, so the credit deterioration is the item most likely to test the current valuation.
How filings like this one have moved
In the 30 days to Nov 1, 2026, 32.3% of the 1994 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, NBBK was trading at $22.37 on NASDAQ in the Finance sector, with a market capitalization of approximately $913.3M. The 52-week trading range was $16.92 to $23.47. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.