NB Bancorp Enters Merger Agreement with Provident

NB Bancorp, Inc. ( (NBBK) ) has issued an update.

On June 5, 2025, NB Bancorp, Inc. announced its entry into a Merger Agreement with Provident Bancorp, Inc., which will result in Provident’s Director, President, and CEO, Joseph B. Reilly, joining the Boards of Directors of NB Bancorp and Needham Bank. Reilly will also provide consulting services to Needham for 18 months post-merger. This merger signifies a strategic move for NB Bancorp, potentially enhancing its market position and operational capabilities, while Reilly’s involvement is expected to bring valuable leadership and insights to the company.

The most recent analyst rating on (NBBK) stock is a Buy with a $22.00 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 Neutral.

NB Bancorp’s overall stock score is moderate due to its strong balance sheet and reasonable valuation, tempered by negative technical indicators and decreasing revenue. The corporate event regarding freezing director plans adds a layer of uncertainty, though it does not heavily impact the score. The stock’s downtrend and lack of earnings call data further contribute to the cautious outlook.

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

More about NB Bancorp, Inc.

Average Trading Volume: 205,660

Technical Sentiment Signal: Sell

Current Market Cap: $629.7M

For an in-depth examination of NBBK stock, go to TipRanks’ Stock Analysis page.