NB Bancorp, Inc. (NBBK)

NB Bancorp Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Interest Income on Loans	261.26	211.97	113.76	85.87
Interest Income on Investments	17.04	8.53	6.75	4.77
Total Interest Income	278.3	220.5	120.51	90.64
Interest Paid on Deposits	119.25	76.39	12.69	10.59
Interest Paid on Borrowings	6.41	14.05	2.86	2.04
Total Interest Expense	125.66	90.44	15.55	12.63
Net Interest Income	152.64	130.06	104.96	78.01
Net Interest Income Growth (YoY)	20.02%	23.91%	34.55%	-
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	12.07	15	7.61	5.85
Total Non-Interest Income	11.22	15.58	8.21	8.65
Non-Interest Income Growth (YoY)	-22.50%	89.85%	-5.19%	-
Revenues Before Loan Losses	163.86	145.63	113.17	86.67
Provision for Loan Losses	16.52	13.89	6.7	2.05
Revenue	147.33	131.75	106.47	84.62
Revenue Growth (YoY)	12.49%	23.74%	25.83%	-
Salaries and Employee Benefits	72.25	66.34	45.57	38.05
Occupancy Expenses	4.52	4.25	3.72	3.37
Federal Deposit Insurance	3.67	4.71	1.83	1.4
Selling, General & Administrative	27.39	24.27	18.97	14.17
Other Non-Interest Expense	20.34	20.34	1.07	-
Total Non-Interest Expense	128.15	119.91	71.15	56.98
EBT Excluding Unusual Items	19.18	11.84	35.32	27.63
Other Unusual Items	-	-	1.07	-
Pretax Income	19.18	11.84	36.39	27.63
Income Tax Expense	6.26	2.02	6.32	6.06
Net Income	12.92	9.83	30.07	21.58
Net Income to Common	12.92	9.83	30.07	21.58
Net Income Growth	-63.58%	-67.32%	39.35%	-
Basic Shares Outstanding	43	42	-	-
Diluted Shares Outstanding	43	42	-	-
EPS (Basic)	0.30	0.23	-	-
EPS (Diluted)	0.30	0.23	-	-
Effective Tax Rate	32.65%	17.05%	17.38%	21.92%

Source: S&P Capital IQ. Banks template. Financial Sources.