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NB Bancorp Completes Acquisition of Provident Bancorp

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NB Bancorp Completes Acquisition of Provident Bancorp

TipRanks Cyber Monday Sale

NB Bancorp, Inc. ( (NBBK) ) just unveiled an update.

On November 15, 2025, NB Bancorp, Inc., the holding company for Needham Bank, completed its acquisition of Provident Bancorp, Inc. and its subsidiary BankProv. The merger, initially agreed upon in June 2025, resulted in Needham as the surviving entity, with Needham Bank absorbing BankProv. The merger consideration allowed Provident shareholders to choose between receiving Needham stock or cash, with specific allocation and proration procedures ensuring an even split between stock and cash options. Joseph B. Reilly, previously President and CEO of Provident, was appointed as a director of Needham and Needham Bank following the merger. Reilly’s employment with BankProv ended, and he entered into a severance and consulting agreement with Needham Bank, which includes non-competition and non-solicitation clauses.

The most recent analyst rating on (NBBK) stock is a Hold with a $21.00 price target. To see the full list of analyst forecasts on NB Bancorp, Inc. stock, see the NBBK Stock Forecast page.

Spark’s Take on NBBK Stock

According to Spark, TipRanks’ AI Analyst, NBBK is a Outperform.

NB Bancorp, Inc. demonstrates strong financial performance with robust revenue growth and efficient cost management, which are the most significant factors driving the score. The stock’s valuation is reasonable, supported by a solid dividend yield. Technical indicators suggest a neutral trend, with no immediate momentum signals. Overall, the company is well-positioned within the regional banking industry.

To see Spark’s full report on NBBK stock, click here.

More about NB Bancorp, Inc.

Average Trading Volume: 205,233

Technical Sentiment Signal: Strong Buy

Current Market Cap: $707.3M

For detailed information about NBBK stock, go to TipRanks’ Stock Analysis page.

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