Earnings summaries and quarterly performance for NB Bancorp.
Executive leadership at NB Bancorp.
Joseph Campanelli
Detailed
Chief Executive Officer
CEO
Christine Roberts
Detailed
Chief Operating Officer
James Daley
Detailed
Executive Vice President and Director of Commercial and Industrial Lending
James White
Detailed
Chief Administrative Officer
JP Lapointe
Detailed
Chief Financial Officer
Kevin Henkin
Detailed
Chief Credit Officer
Michael Sinclair
Detailed
Executive Vice President – Residential and Consumer Lending
Paul Evangelista
Detailed
Executive Vice President and Director of Consumer Payments
Peter Bakkala
Detailed
Chief Risk Officer
Stephanie Maiona
Detailed
Executive Vice President and Senior Commercial Lender
Board of directors at NB Bancorp.
Angela Jackson
Detailed
Director
Christopher Lynch
Detailed
Director
Francis Orfanello
Detailed
Lead Independent Director
Hope Pascucci
Detailed
Director
Joseph Nolan
Detailed
Director
Joseph Reilly
Detailed
Director
Kenneth Montgomery
Detailed
Director
Mark Whalen
Detailed
Director
Paul Ayoub
Detailed
Director
Raza Shaikh
Detailed
Director
Susan Elliott
Detailed
Director
William Darcey
Detailed
Director
Research analysts covering NB Bancorp.
Recent press releases and 8-K filings for NBBK.
NB Bancorp, Inc. and Provident Bancorp, Inc. Announce Merger Closing
NBBK
M&A
Board Change
Delisting/Listing Issues
- NB Bancorp, Inc. and Provident Bancorp, Inc. jointly announced the closing of their merger, with all closing conditions satisfied.
- The merger transaction, which includes the merger of BankProv into Needham Bank, will become effective shortly after midnight Eastern Time on November 15, 2025.
- Joseph B. Reilly has been appointed as a director of Needham and Needham Bank, effective upon the merger's completion.
- Provident common stock will be delisted from the NASDAQ Global Select Market following the close of trading on November 14, 2025.
Nov 14, 2025, 9:33 PM
NB Bancorp, Inc. Reports Q3 2025 Financial Results and Provides Operational Update
NBBK
Earnings
M&A
- NB Bancorp, Inc. reported GAAP net income of $15.4 million, or $0.43 per diluted share, for the third quarter of 2025.
- As of Q3 2025, the company's total assets were $5.44 billion, total gross loans were $4.72 billion, and total deposits stood at $4.56 billion.
- The company incurred $994 thousand in acquisition costs during Q3 2025 related to the pending BankProv acquisition, which is expected to close in Q4 2025.
- As of September 30, 2025, NB Bancorp, Inc. had $418.6 million in outstanding loans to cannabis businesses and $466.8 million in cannabis deposits.
Nov 4, 2025, 3:00 PM
NB Bancorp and Provident Bancorp Announce Merger Election Deadline and Expected Closing Date
NBBK
M&A
- NB Bancorp, Inc. and Provident Bancorp, Inc. have confirmed the Election Deadline for Provident common stock holders to choose their merger consideration as 5:00 p.m. (Eastern Time) on November 7, 2025.
- The merger of Provident with and into Needham is expected to become effective shortly after midnight (Eastern Time) on November 15, 2025.
- Provident common stock holders can elect to receive either 0.691 shares of Needham common stock or $13.00 in cash per share of Provident common stock.
- November 14, 2025 will be the last day Provident common stock will trade.
Oct 31, 2025, 8:22 PM
NB Bancorp and Provident Bancorp Receive Regulatory Approvals for Merger
NBBK
M&A
- NB Bancorp, Inc. and Provident Bancorp, Inc. have received all required regulatory approvals for their proposed merger.
- The merger is now expected to be completed on or about November 14, 2025, contingent on the satisfaction of remaining customary closing conditions.
- Provident stockholders previously approved the merger on September 16, 2025.
Oct 20, 2025, 8:26 PM
NB Bancorp and Provident Bancorp Announce Regulatory Approvals and Anticipated Merger Closing Date
NBBK
M&A
- NB Bancorp, Inc. (NBBK) and Provident Bancorp, Inc. (PVBC) have received all required regulatory approvals for their proposed merger.
- The merger, which was previously announced on June 5, 2025, is now expected to be completed on or about November 14, 2025.
- Provident stockholders approved the merger on September 16, 2025.
Oct 20, 2025, 8:20 PM
NB Bancorp and Provident Bancorp Announce Merger Election Form Mailing
NBBK
M&A
Proxy Vote Outcomes
- NB Bancorp, Inc. and Provident Bancorp, Inc. announced the distribution of stock/cash election forms to Provident stockholders for their pending merger.
- Provident stockholders can elect to receive either 0.691 shares of Needham common stock or $13.00 in cash per share, or a combination, with the merger agreement ensuring a 50% stock and 50% cash allocation of Provident common stock.
- The election deadline for Provident stockholders is anticipated to be 5:00 p.m. Eastern Time on November 7, 2025, with an earlier deadline of October 31, 2025, for ESOP and 401(k) plan participants.
- The Merger Transaction is anticipated to become effective on November 15, 2025, following expected regulatory approvals by November 14, 2025.
Oct 8, 2025, 1:05 PM
NB Bancorp and Provident Bancorp announce election form distribution for merger
NBBK
M&A
Proxy Vote Outcomes
- NB Bancorp, Inc. (Needham) and Provident Bancorp, Inc. (Provident) have distributed election forms to Provident common stockholders for the pending merger between the two companies.
- Provident stockholders may elect to receive either 0.691 shares of Needham common stock per share of Provident common stock (Stock Consideration) or $13.00 in cash per share of Provident common stock (Cash Consideration), or a combination of both.
- The allocation and proration provisions ensure that 50% of Provident common stock will receive Stock Consideration and 50% will receive Cash Consideration.
- The anticipated election deadline for Provident stockholders is November 7, 2025, at 5:00 p.m. (Eastern Time), and the Merger Transaction is expected to become effective on November 15, 2025.
Oct 8, 2025, 12:30 PM
NB Bancorp and Provident Bancorp Announce Election Form Distribution for Merger
NBBK
M&A
Proxy Vote Outcomes
- NB Bancorp, Inc. (NBBK) and Provident Bancorp, Inc. (PVBC) have distributed election forms to Provident stockholders for their pending merger, allowing them to choose between Needham common stock, cash, or a combination.
- The merger consideration offers 0.691 shares of Needham common stock or $13.00 in cash per Provident common stock share. The allocation and proration provisions ensure that 50% of Provident common stock will receive stock consideration and 50% will receive cash consideration.
- The anticipated election deadline for Provident stockholders is November 7, 2025, at 5:00 p.m. (Eastern Time), and the merger is expected to become effective on November 15, 2025.
Oct 8, 2025, 12:18 PM
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