NB Bancorp Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	287.65	270.76	212.2	114.07	85.87
Interest Income on Investments	22.25	21.75	9.97	6.95	4.77
Total Interest Income	309.9	292.52	222.17	121.02	90.64
Interest Paid on Deposits	131.06	126.92	76.39	12.69	10.59
Interest Paid on Borrowings	4.47	4.4	14.05	2.86	2.04
Total Interest Expense	135.52	131.32	90.44	15.55	12.63
Net Interest Income	174.38	161.2	131.72	105.47	78.01
Net Interest Income Growth (YoY)	19.34%	22.38%	24.89%	35.20%	-
Mortgage Banking Activities	0.8	1.02	0.58	0.6	1.83
Gain (Loss) on Sale of Assets	-	-	-	-	0.5
Gain (Loss) on Sale of Investments	-1.87	-1.87	-	-	0.48
Other Non-Interest Income	14.15	12.38	11.32	7.27	5.85
Total Non-Interest Income	13.09	11.53	11.9	7.87	8.65
Non-Interest Income Growth (YoY)	38.90%	-3.09%	51.30%	-9.12%	-
Revenues Before Loan Losses	187.46	172.73	143.62	113.34	86.67
Provision for Loan Losses	8.35	12.12	13.89	6.7	2.05
Revenue	179.12	160.61	129.74	106.64	84.62
Revenue Growth (YoY)	28.24%	23.79%	21.66%	26.03%	-
Salaries and Employee Benefits	68.39	64.66	66.34	45.57	38.05
Occupancy Expenses	4.63	4.38	4.25	3.72	3.37
Federal Deposit Insurance	3.55	2.85	4.71	1.83	1.4
Selling, General & Administrative	31.08	30.11	46.04	20.2	14.17
Total Non-Interest Expense	107.64	101.99	121.34	71.32	56.98
EBT Excluding Unusual Items	71.47	58.62	8.39	35.32	27.63
Other Unusual Items	-	-	3.45	1.07	-
Pretax Income	70.94	58.62	11.84	36.39	27.63
Income Tax Expense	19.72	16.47	2.02	6.32	6.06
Net Income	51.23	42.15	9.83	30.07	21.58
Net Income to Common	51.23	42.15	9.83	30.07	21.58
Net Income Growth	294.01%	329.00%	-67.32%	39.35%	-
Basic Shares Outstanding	38	39	42	-	-
Diluted Shares Outstanding	39	39	42	-	-
Shares Change (YoY)	-9.69%	-6.25%	-	-	-
EPS (Basic)	1.33	1.07	0.23	-	-
EPS (Diluted)	1.33	1.07	0.23	-	-
EPS Growth	341.36%	365.22%	-	-	-
Effective Tax Rate	27.79%	28.09%	17.05%	17.38%	21.92%

Updated May 9, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q