NB Bancorp, Inc. (NASDAQ:NBBK – Get Free Report) CEO Joseph P. Campanelli bought 2,000 shares of the company’s stock in a transaction on Tuesday, March 11th. The stock was purchased at an average cost of $17.75 per share, for a total transaction of $35,500.00. Following the completion of the transaction, the chief executive officer now directly owns 55,000 shares of the company’s stock, valued at approximately $976,250. The trade was a 3.77 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
NB Bancorp Trading Up 4.4 %
Shares of NASDAQ:NBBK opened at $18.57 on Friday. NB Bancorp, Inc. has a 52-week low of $13.26 and a 52-week high of $21.05. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.10 and a current ratio of 1.10. The stock has a market capitalization of $777.02 million, a price-to-earnings ratio of 17.36 and a beta of 0.16. The stock’s 50-day simple moving average is $18.55 and its two-hundred day simple moving average is $18.81.
NB Bancorp (NASDAQ:NBBK – Get Free Report) last posted its quarterly earnings data on Wednesday, January 22nd. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.02. NB Bancorp had a return on equity of 6.04% and a net margin of 13.86%. Analysts expect that NB Bancorp, Inc. will post 1.39 EPS for the current year.
Institutional Inflows and Outflows
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.
Further Reading
- Five stocks we like better than NB Bancorp
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Rubrik Stock’s V-Bottom Reversal Signals a Major Rally Ahead
- Low PE Growth Stocks: Unlocking Investment Opportunities
- How Super Micro Computer Stock Is Defying the Market Sell-Off
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- AppLovin vs. HPE: Which Tech Stock Can Bounce Back Faster?
Receive News & Ratings for NB Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NB Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.