NB Bancorp, Inc. (NASDAQ:NBBK – Get Free Report) CEO Joseph P. Campanelli purchased 2,000 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was acquired at an average cost of $17.75 per share, for a total transaction of $35,500.00. Following the completion of the acquisition, the chief executive officer now owns 55,000 shares in the company, valued at $976,250. This represents a 3.77 % increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website.
NB Bancorp Stock Up 4.4 %
NASDAQ NBBK opened at $18.57 on Friday. The stock’s 50 day moving average is $18.55 and its 200 day moving average is $18.81. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.16. NB Bancorp, Inc. has a 12 month low of $13.26 and a 12 month high of $21.05. The stock has a market cap of $777.02 million, a PE ratio of 17.36 and a beta of 0.16.
NB Bancorp (NASDAQ:NBBK – Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The company reported $0.34 earnings per share (EPS) for the quarter, topping 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%. Research analysts predict that NB Bancorp, Inc. will post 1.39 EPS for the current fiscal year.
Institutional Trading of NB Bancorp
NB Bancorp Company Profile
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.
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