Every material Form 8-K NB Bancorp, Inc. has filed with the SEC since May 21, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
NB Bancorp, Inc., the holding company of Needham Bank, issued $100 million of 7.50% fixed-to-floating subordinated notes due 2036 to institutional investors on November 6, 2026, at 100% of principal. The company estimates net proceeds of approximately $98,265,004.75 and plans to use them for general corporate purposes, including at least $30 million to increase the bank's Tier 1 capital, and the notes are intended to count as Tier 2 capital.
$100 million principal, maturing November 15, 2036, issued at 100% of principal in a private placement
Fixed rate of 7.50% until November 15, 2031, then resets quarterly to three-month SOFR plus 305 basis points
Estimated net proceeds of approximately $98,265,004.75; at least $30 million to be contributed to Needham Bank
Notes rated BBB- by Kroll Bond Rating Agency; Piper Sandler & Co. was sole placement agent
NB Bancorp, Inc., the holding company for Needham Bank, reported third quarter 2026 net income of $23.1 million, or $0.58 per diluted share, up from $21.1 million, or $0.53 per diluted share, in the prior quarter. Operating net income, a non-GAAP measure, was $23.8 million, or $0.60 per diluted share, while net charge-offs rose to 0.31% of average loans from 0.07%, mainly due to a $4.0 million charge-off. The Board also declared a $0.07 per share dividend.
Net income $23.1 million, or $0.58 per diluted share, versus $21.1 million, or $0.53, in the prior quarter
Net interest margin declined to 3.97% from 4.00%; total loans rose 5.3% in the quarter to $6.77 billion
Net charge-offs were $5.2 million, or 0.31% of average loans, including a $4.0 million charge-off on a previously reserved loan
Dividend of $0.07 per share is payable November 12, 2026, to shareholders of record as of October 29, 2026
NB Bancorp, the holding company for Needham Bank, reported second quarter 2026 net income of $21.1 million, or $0.53 per diluted share, up from $15.0 million, or $0.36, in the first quarter. The company also declared a quarterly cash dividend of $0.07 per share, payable August 19, 2026, and made investor presentation materials available for a July 28, 2026 investor meeting. Net interest margin widened to 4.00% and net charge-offs fell to 0.07% of average loans, while noninterest expense rose 3.1%.
Operating net income, which excludes one-time charges, was $21.9 million, or $0.55 per diluted share, versus $0.38 in the prior quarter.
Total loans rose 3.4% to $6.42 billion and total deposits rose 3.7% to $6.32 billion during the quarter.
Quarterly dividend of $0.07 per share: record date August 5, 2026, payment date August 19, 2026.
Noninterest expense rose 3.1% to $44.0 million; net charge-offs fell to 0.07% of average loans from 0.91%.
NB Bancorp, Inc., parent of Needham Bank, made available a slide presentation on May 21, 2026, for an in-person investor meeting on June 2, 2026. The filing furnishes the slides as Exhibit 99.1, which include information on the company's operations and financial performance, and does not report new results or a corporate action.
Presentation made available May 21, 2026, for an in-person investor meeting on June 2, 2026
Slides cover operations and financial performance, including first quarter 2026 figures: GAAP net income of $15.0 million, or $0.36 per diluted share
Operating net income (non-GAAP) of $15.8 million, or $0.38 per diluted share, for the first quarter of 2026
Balance sheet at March 31, 2026 included total assets of $7.2 billion and total deposits of $6.1 billion
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every NB Bancorp, Inc. filing is on SEC EDGAR ↗. 8-K briefs of other companies →