Sign in

You're signed outSign in or to get full access.

NB Bancorp (NBBK)

--

Earnings summaries and quarterly performance for NB Bancorp.

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