NB Bancorp Q2 FY26 net income rises 40.9% to $21.1 million; revenue climbs 7.7% to $74.7 million

Reuters2026/07/22 20:29

By:Reuters

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NB Bancorp posts Q2 2026 net income of USD 21.1 million, up 40.9% from the prior quarter; diluted EPS rises to USD 0.53.
Revenue climbs 7.7% to USD 74.7 million from the prior quarter as net interest margin widens 7 basis points to 4.00%.
Provision for credit losses drops 49.5% to USD 3.2 million; annualized net charge-offs narrow to 0.07% of average loans from 0.91%.
Total loans grow 3.4% to USD 6.42 billion; deposits increase 3.7% to USD 6.32 billion, including a 26.3% rise in brokered balances to USD 719.9 million.
Management cites targeted investments in artificial intelligence and automation; board declares a USD 0.07 quarterly dividend payable Aug. 19.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NB Bancorp Inc. published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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NB Bancorp Q2 FY26 net income rises 40.9% to $21.1 million; revenue climbs 7.7% to $74.7 million

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