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

NB Bancorp, Inc. (NASDAQ:NBBK) declared a quarterly dividend on Thursday, October 15th. Shareholders of record on Thursday, October 29th will be paid a dividend of $0.07 per share on Thursday, November 12th. This represents a $0.28 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Thursday, October 29th.

NB Bancorp Price Performance

NBBK opened at $22.37 on Friday. NB Bancorp has a 52-week low of $16.92 and a 52-week high of $23.47. The company has a 50 day moving average of $22.55 and a two-hundred day moving average of $21.52. The company has a market cap of $980.25 million and a P/E ratio of 11.71. The company has a quick ratio of 1.05, a current ratio of 1.06 and a debt-to-equity ratio of 0.22.

NB Bancorp (NASDAQ:NBBK) last released its quarterly earnings data on Thursday, October 15th. The company reported $0.60 EPS for the quarter, beating the consensus estimate of $0.59 by $0.01. The company had revenue of $76.55 million for the quarter, compared to analyst estimates of $77.30 million. NB Bancorp had a return on equity of 9.13% and a net margin of 14.27%. On average, analysts expect that NB Bancorp will post 2.13 earnings per share for the current year.

NB Bancorp Company Profile

NB Bancorp, Inc is the bank holding company for Needham Bank, a community-oriented financial institution headquartered in Needham, Massachusetts. Through Needham Bank, the company provides banking and financial services to individuals, families, businesses, nonprofit organizations and municipalities.

Needham Bank offers deposit products, residential and commercial real estate lending, commercial and industrial loans, construction financing, consumer loans, cash-management services and other treasury-management solutions.