Analyzing NB Bancorp (NBBK) & The Competition

NB Bancorp (NASDAQ:NBBK) is one of 43 public companies in the “Savings institutions, except federal” industry, but how does it weigh in compared to its competitors? We will compare NB Bancorp to similar businesses based on the strength of its analyst recommendations, valuation, dividends, profitability, institutional ownership, earnings and risk.

Profitability

This table compares NB Bancorp and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
NB Bancorp	13.86%	6.04%	0.93%
NB Bancorp Competitors	8.04%	4.89%	0.57%

Insider and Institutional Ownership

44.7% of shares of all “Savings institutions, except federal” companies are held by institutional investors. 1.7% of NB Bancorp shares are held by insiders. Comparatively, 8.4% of shares of all “Savings institutions, except federal” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares NB Bancorp and its competitors revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
NB Bancorp	$172.73 million	$9.82 million	17.83
NB Bancorp Competitors	$534.48 million	$13.08 million	1.99

NB Bancorp’s competitors have higher revenue and earnings than NB Bancorp. NB Bancorp is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Analyst Ratings

This is a summary of recent ratings and recommmendations for NB Bancorp and its competitors, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
NB Bancorp	0	0	1	0	3.00
NB Bancorp Competitors	131	613	378	7	2.23

NB Bancorp currently has a consensus target price of $22.00, indicating a potential upside of 15.30%. As a group, “Savings institutions, except federal” companies have a potential upside of 6.98%. Given NB Bancorp’s stronger consensus rating and higher probable upside, analysts plainly believe NB Bancorp is more favorable than its competitors.

Summary

NB Bancorp beats its competitors on 7 of the 12 factors compared.

About NB Bancorp

NB Bancorp, Inc. focuses on operating as a bank holding company for Needham Bank that provides various banking products and services in Greater Boston metropolitan area and surrounding communities in Massachusetts, eastern Connecticut, southern New Hampshire, and Rhode Island. The company offers various deposits, including certificate of deposit, individual retirement, money market, savings, NOW, demand deposit, and interest-bearing and noninterest-bearing checking accounts; and commercial real estate and multifamily, one- to four-family residential real estate, construction and land development, commercial and industrial, and consumer loans, as well as home equity loans and lines of credit. It also invests in securities consisting of U.S. treasury and federal agency securities, government-sponsored residential mortgage-backed securities, municipal bonds, and corporate bonds. The company was founded in 1892 and is based in Needham, Massachusetts.