NB Bancorp, Inc. (NBBK) to Issue Quarterly Dividend of $0.07 on May 20th

NB Bancorp, Inc. (NASDAQ:NBBK) declared a quarterly dividend on Wednesday, April 22nd. Investors 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 yield of 1.5%. The ex-dividend date is Wednesday, May 6th.

NB Bancorp Stock Down 10.7%

NBBK opened at $19.16 on Friday. The stock has a market cap of $865.46 million, a PE ratio of 13.99 and a beta of 0.37. The company has a quick ratio of 1.06, a current ratio of 1.08 and a debt-to-equity ratio of 0.23. NB Bancorp has a 52 week low of $15.44 and a 52 week high of $22.86. The business’s fifty day simple moving average is $21.46 and its 200 day simple moving average is $20.29.

NB Bancorp (NASDAQ:NBBK) last issued its quarterly earnings results on Wednesday, April 22nd. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.54 by ($0.16). NB Bancorp had a return on equity of 8.75% and a net margin of 13.81%.The firm had revenue of $69.38 million for the quarter, compared to the consensus estimate of $70.83 million. As a group, research analysts expect that NB Bancorp will post 2.34 earnings per share for the current fiscal year.

NB Bancorp Company Profile

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.