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

NB Bancorp, Inc. (NASDAQ:NBBK) declared a quarterly dividend on Wednesday, October 22nd. Investors of record on Wednesday, November 5th will be given a dividend of 0.07 per share on Wednesday, November 19th. This represents a c) annualized dividend and a yield of 1.6%. The ex-dividend date is Wednesday, November 5th.

NB Bancorp Trading Up 0.7%

NBBK stock opened at $17.90 on Thursday. The company has a market capitalization of $712.96 million, a PE ratio of 13.46 and a beta of 0.37. NB Bancorp has a 12 month low of $15.09 and a 12 month high of $21.05. The firm’s 50-day moving average is $18.21 and its 200 day moving average is $17.61. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.10 and a quick ratio of 1.10.

NB Bancorp (NASDAQ:NBBK) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.45 EPS for the quarter, topping the consensus estimate of $0.42 by $0.03. NB Bancorp had a net margin of 15.86% and a return on equity of 7.37%. On average, research analysts anticipate that NB Bancorp will post 1.39 EPS for the current year.

About NB Bancorp

NB Bancorp, Inc focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit.