NB Bancorp Reports Strong Q3 2025 Earnings

NB Bancorp, Inc. ( (NBBK) ) has released its Q3 earnings. Here is a breakdown of the information NB Bancorp, Inc. presented to its investors.

NB Bancorp, Inc., the holding company of Needham Bank, operates in the financial services sector, offering a range of banking products and services primarily in the Greater Boston area and surrounding regions. Known as the ‘Builder’s Bank,’ it combines local expertise with the capabilities of larger institutions.

In its third quarter of 2025, NB Bancorp reported a net income of $15.4 million, or $0.43 per diluted share, marking an increase from the previous quarter. The company also declared a quarterly cash dividend of $0.07 per share. The quarter was highlighted by the ongoing integration of Provident Bancorp, Inc., expected to close in the fourth quarter.

Key financial metrics for the quarter included a 3.9% increase in gross loans to $4.72 billion and a 7.0% rise in total deposits to $4.57 billion. The net interest margin slightly decreased to 3.78%, attributed to changes in loan re-pricing and interest expenses from cash flow hedges. Despite these changes, the company maintained strong asset quality with a decrease in non-performing loans and a stable allowance for credit losses.

The company’s strategic focus remains on growth and market expansion, particularly through the acquisition of Provident Bancorp. This acquisition is anticipated to enhance customer service and product offerings, positioning NB Bancorp to capitalize on new growth opportunities.

Looking forward, NB Bancorp’s management is optimistic about the future, emphasizing the integration of Provident Bancorp and the potential for increased market share and shareholder value. The company aims to leverage its strengths in customer service and innovative product features to drive continued growth.