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Financial statements

NB Bancorp, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 4 fiscal years, taken from the XBRL data NB Bancorp, Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2023FY2024FY2025
Selling and marketing3.423.13.463.84
General and administrative3.796.296.257.33
Interest expense15.590.44.45.4
Pre-tax income36.411.858.671.1
Income tax6.322.0216.520.8
Net income30.19.8342.150.3
EPS, basic0.231.071.34
EPS, diluted0.231.071.34
Shares, basic (weighted)4239.437.4
Shares, diluted (weighted)4239.437.6

Balance sheet

FY2023FY2023FY2024FY2025
Cash and equivalents157273364408
Property, plant and equipment35.335.534.746.2
Lease right-of-use assets1110.512.820
Goodwill00018.5
Intangible assets1.0819.3
Total assets3,5924,5335,1587,006
Total liabilities3,2483,7754,3936,147
Paid-in capital417417459
Retained earnings358366400445
Other comprehensive income-14.4-11.9-8.17-3.14
Shareholders' equity344758765859
Total equity344758765859
Total liabilities and equity3,5924,5335,1587,006
Shares outstanding042.742.745.8

Cash flow statement

FY2023FY2023FY2024FY2025
Net income30.19.8342.150.3
Depreciation and amortization2.42.72.83
Stock-based compensation2.91
Deferred income tax-1.25-7.72-10.33.33
Cash from operations39.752.943.260.8
Capital expenditures-8.5-2.87-1.94-3.42
Acquisitions-48.1
Purchases of investments-174-43.6-143-102
Sales and maturities of investments17110480.167.5
Cash from investing-668-832-546-519
Stock issued417
Share buybacks-77.1
Dividends paid-5.58
Cash from financing318895595502
Net change in cash-31111691.343.7
Free cash flow31.25041.357.4
Interest paid6.5988.7128143
Income taxes paid8.564.7913.1

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $22.60 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Effective tax rate28.4%Income tax / pre-tax income, when pre-tax income is positive.
Return on equity (ROE)7.0%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)0.8%Net income / average total assets.

Growth

MetricValueHow it is calculated
Net income growth, 1y19.3%Net income vs the same period a year earlier. Only from a positive base.
Net income CAGR, 3y18.7%Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
EPS growth, 1y25.2%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y40.8%Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y15.2%Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Free cash flow growth, 1y39.1%Free cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow CAGR, 3y22.5%Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Book value growth, 1y12.3%Book value vs the same period a year earlier. Only from a positive base.
Book value CAGR, 3y35.7%Compound annual growth of book value over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets growth, 1y35.8%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y24.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Share count change, 1y-4.5%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Liabilities / assets88.7%Total liabilities / total assets.
Goodwill and intangibles / assets0.5%(Goodwill + intangible assets) / total assets.
Tangible book value$806.0MShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
FCF conversion131.9%Free cash flow / net income, when net income is positive.
Capex / operating cash flow8.5%Capital expenditures / cash from operations, when that is positive.

Per share

MetricValueHow it is calculated
EPS, diluted$1.48Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
FCF per share$1.95Free cash flow / diluted weighted shares.
Operating cash flow per share$2.13Cash from operations / diluted weighted shares.
Book value per share$19.22Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share$18.39Tangible book value / shares outstanding.
Cash per share$9.13(Cash + short-term investments) / shares outstanding.
Buybacks / FCF81.7%Share buybacks / free cash flow, when free cash flow is positive.

Valuation

MetricValueHow it is calculated
Market cap$990.3MShare price x shares outstanding.
Enterprise value$590.1MMarket cap + total debt - cash - short-term investments.
P/E16.7xMarket cap / net income. Only when net income is positive.
P/B1.18xMarket cap / shareholders' equity. Only when equity is positive.
Price / tangible book1.23xMarket cap / tangible book value, when positive.
P/FCF12.7xMarket cap / free cash flow. Only when free cash flow is positive.
P/OCF11.6xMarket cap / cash from operations, when positive.
EV/FCF7.56xEnterprise value / free cash flow, when both are positive.
FCF yield7.9%Free cash flow / market cap.
Earnings yield6.0%Net income / market cap (the inverse of P/E).
Shareholder yield6.4%(Dividends paid + share buybacks) / market cap.
Was NB Bancorp, Inc. profitable in fiscal 2025?

Yes. Net income was $50.3M, a net margin of -.

How much free cash flow did NB Bancorp, Inc. generate in fiscal 2025?

Cash from operations of $60.8M minus capital expenditures of $3.4M left free cash flow of $57.4M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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