NB Bancorp, Inc. (NBBK)

NB Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	270.76	212.2	114.07	85.87
Interest Income on Investments	21.75	9.97	6.95	4.77
Total Interest Income	292.52	222.17	121.02	90.64
Interest Paid on Deposits	126.92	76.39	12.69	10.59
Interest Paid on Borrowings	4.4	14.05	2.86	2.04
Total Interest Expense	131.32	90.44	15.55	12.63
Net Interest Income	161.2	131.72	105.47	78.01
Net Interest Income Growth (YoY)	22.38%	24.89%	35.20%	-
Mortgage Banking Activities	1.02	0.58	0.6	1.83
Gain (Loss) on Sale of Assets	-	-	-	0.5
Gain (Loss) on Sale of Investments	-1.87	-	-	0.48
Other Non-Interest Income	12.38	11.32	7.27	5.85
Total Non-Interest Income	11.53	11.9	7.87	8.65
Non-Interest Income Growth (YoY)	-3.09%	51.30%	-9.12%	-
Revenues Before Loan Losses	172.73	143.62	113.34	86.67
Provision for Loan Losses	12.12	13.89	6.7	2.05
Revenue	160.61	129.74	106.64	84.62
Revenue Growth (YoY)	23.79%	21.66%	26.03%	-
Salaries and Employee Benefits	64.66	66.34	45.57	38.05
Occupancy Expenses	4.38	4.25	3.72	3.37
Federal Deposit Insurance	2.85	4.71	1.83	1.4
Selling, General & Administrative	30.11	46.04	20.2	14.17
Total Non-Interest Expense	101.99	121.34	71.32	56.98
EBT Excluding Unusual Items	58.62	8.39	35.32	27.63
Other Unusual Items	-	3.45	1.07	-
Pretax Income	58.62	11.84	36.39	27.63
Income Tax Expense	16.47	2.02	6.32	6.06
Net Income	42.15	9.83	30.07	21.58
Net Income to Common	42.15	9.83	30.07	21.58
Net Income Growth	329.00%	-67.32%	39.35%	-
Basic Shares Outstanding	39	42	-	-
Diluted Shares Outstanding	39	42	-	-
Shares Change (YoY)	-6.25%	-	-	-
EPS (Basic)	1.07	0.23	-	-
EPS (Diluted)	1.07	0.23	-	-
EPS Growth	365.22%	-	-	-
Effective Tax Rate	28.09%	17.05%	17.38%	21.92%

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q