NB Bancorp, Inc. (NASDAQ:NBBK) Declares Quarterly Dividend of $0.07

NB Bancorp, Inc. (NASDAQ:NBBK) announced a quarterly dividend on Wednesday, April 22nd. Stockholders of record on Wednesday, May 6th will be paid a dividend of 0.07 per share on Wednesday, May 20th. This represents a c) annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, May 6th.

NB Bancorp Price Performance

Shares of NASDAQ NBBK opened at $21.45 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.06 and a current ratio of 1.08. NB Bancorp has a fifty-two week low of $15.44 and a fifty-two week high of $22.86. The firm has a market capitalization of $968.79 million, a PE ratio of 16.01 and a beta of 0.37. The stock’s 50-day simple moving average is $21.51 and its 200-day simple moving average is $20.30.

NB Bancorp (NASDAQ:NBBK) last issued its earnings results on Wednesday, April 22nd. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.52 by ($0.14). NB Bancorp had a return on equity of 8.58% and a net margin of 14.30%.The business had revenue of $69.38 million for the quarter, compared to analyst estimates of $70.83 million. As a group, equities research analysts forecast that NB Bancorp will post 2.34 EPS for the current fiscal year.

About NB Bancorp

NB Bancorp, Inc (NASDAQ: NBBK) is the bank holding company for NB Bank, N.A., a full-service community bank headquartered in Newburyport, Massachusetts. Through a network of branches across Northeast Massachusetts and southern New Hampshire, the company offers deposit and lending services tailored to individuals and small- to medium-sized businesses.

The company’s core product lineup includes checking and savings accounts, money market deposits and certificates of deposit, along with residential mortgage loans, home equity lines of credit and commercial lending solutions.