Core Insights - The article emphasizes the importance of identifying and sustaining trends in short-term investing, highlighting that confirming sound fundamentals and positive earnings estimates is crucial for maintaining momentum in stocks [1][2]. Group 1: Stock Performance - NB Bancorp, Inc. (NBBK) has shown a solid price increase of 26.5% over the past 12 weeks, indicating strong investor interest and potential upside [3]. - NBBK has also experienced a price increase of 7% over the last four weeks, suggesting that the upward trend is still intact [4]. - The stock is currently trading at 86.9% of its 52-week high-low range, indicating it may be on the verge of a breakout [4]. Group 2: Fundamental Strength - NBBK holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [5][6]. - The average broker recommendation for NBBK is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 3: Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like NBBK that are on an uptrend supported by strong fundamentals [2][7]. - There are over 45 Zacks Premium Screens available for investors to find stocks that align with their personal investing styles, enhancing the chances of selecting winning stocks [7].

Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for sustaining momentum in stocks [1]. Group 1: Stock Screening and Selection - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with strong fundamentals capable of maintaining an uptrend [2]. - Stocks that pass this screen are typically trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [2]. Group 2: Case Study - NB Bancorp, Inc. (NBBK) - NBBK has shown a solid price increase of 17% over the past 12 weeks, reflecting investor confidence in its potential upside [3]. - The stock has maintained a price increase of 1.1% over the last four weeks, indicating that the upward trend is still intact [4]. - NBBK is currently trading at 80.4% of its 52-week high-low range, suggesting it may be on the verge of a breakout [4]. Group 3: Fundamental Strength - NBBK holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The Zacks Rank system has a strong track record, with Rank 1 stocks generating an average annual return of +25% since 1988 [6]. - The Average Broker Recommendation for NBBK is also 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [6]. Group 4: Additional Opportunities - Besides NBBK, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting potential investment opportunities [7]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles to identify winning stock picks [7].

Financial Position - Total assets increased by $272.0 million, or 6.0%, to $4.81 billion as of June 30, 2024, from $4.53 billion as of December 31, 2023[120] - Cash and cash equivalents rose by $56.4 million, or 20.7%, to $328.9 million as of June 30, 2024, driven by deposit growth[120] - Net loans increased by $202.4 million, or 5.2%, to $4.06 billion as of June 30, 2024, with significant growth in commercial and industrial loans, which rose by $94.4 million, or 19.2%[122] - Deposits grew by $530.6 million, or 15.7%, to $3.92 billion as of June 30, 2024, with core deposits increasing by $414.2 million, or 12.9%[125] - Total liabilities increased to $3.862 billion, while shareholders' equity rose to $737.510 million as of June 30, 2024[149] Loan and Deposit Activity - The company had approximately $415.2 million in loans to borrowers in the cannabis industry as of June 30, 2024, up from $365.9 million at the end of 2023[123] - Brokered deposits increased by $116.4 million, or 63.4%, from December 31, 2023, reflecting a strategy to support overall liquidity[125] - The company originated $222.2 million of loans during the six months ended June 30, 2024[155] - The company experienced net increases in deposits of $530.6 million for the six months ended June 30, 2024[156] - Non-brokered certificates of deposit due within one year totaled $1.30 billion, representing 33.1% of total deposits[155] - As of June 30, 2024, the company had $300.0 million of brokered deposits, with an additional capacity of approximately $180.5 million[153] Income and Expenses - Net income for the quarter ended June 30, 2024, was $9.5 million, an increase of approximately $3.2 million, or 52.0%, compared to $6.2 million for the same quarter in 2023[126] - Interest and dividend income increased by $18.9 million, or 36.1%, to $71.1 million for the quarter ended June 30, 2024, primarily due to a $15.2 million, or 30.4%, increase in interest and fees on loans[126] - Noninterest expense increased by $3.9 million, or 17.4%, to $26.2 million for the quarter ended June 30, 2024, with salaries and employee benefits rising by $2.3 million, or 16.3%[130] - Net interest income rose by $14.4 million, or 22.9%, to $77.4 million for the six months ended June 30, 2024, driven by a $868.3 million, or 24.5%, increase in average interest-earning assets[141] - Noninterest income decreased by $2.5 million, or 27.6%, to $6.5 million for the six months ended June 30, 2024, compared to $9.0 million for the same period in 2023[144] Interest Rates and Margins - Average interest-earning assets increased by $851.8 million, or 23.3%, to $4.51 billion for the quarter ended June 30, 2024, with a yield increase of 61 basis points to 6.34%[128] - Total interest expense increased by $11.9 million, or 58.0%, to $32.4 million for the quarter ended June 30, 2024, driven by an increase in interest expense on deposit accounts by $14.1 million, or 80.8%[126] - The weighted average rate on certificates of deposit increased by 142 basis points to 5.04% for the quarter ended June 30, 2024, from 3.62% for the same quarter in 2023[126] - The yield on interest-earning assets increased by 76 basis points to 6.35% for the six months ended June 30, 2024, compared to 5.59% for the same period in 2023[138] - The net interest margin was 3.53% for the six months ended June 30, 2024, compared to 3.58% for the same period in 2023[149] Credit Losses and Provisions - Provision for credit losses recorded was $3.7 million for the quarter ended June 30, 2024, with $4.4 million related to loans, compared to a provision of $4.0 million for the same quarter in 2023[129] - The provision for credit losses was $8.1 million for the six months ended June 30, 2024, compared to $6.1 million for the same period in 2023, reflecting a 32.4% increase[143] Tax and Regulatory Compliance - The effective tax rate decreased to 20.0% for the quarter ended June 30, 2024, from 26.4% in the same quarter of 2023, due to income tax credits earned[133] - The company is categorized as well-capitalized and exceeds all regulatory capital requirements as of June 30, 2024[158] Economic Environment and Strategy - The company’s strategy focuses on diversifying into higher-yielding loans to improve net margins and manage interest rate risk[122] - The company continues to assess and manage risks related to economic uncertainties, including inflation and interest rate changes[110] - The primary impact of inflation on the company is reflected in increased operating costs, with interest rates having a more significant impact on performance[159]

NB Bancorp, Inc. Reports Second Quarter 2024 Financial Results Investor Contact JP Lapointe, EVP and CFO IR@NeedhamBank.com 781-474-5408 Needham, MA, July 24, 2024 – NB Bancorp, Inc. (the "Company") (Nasdaq Capital Market: NBBK), the holding company of Needham Bank, today announced its second quarter 2024 financial results. SELECTED FINANCIAL HIGHLIGHTS FOR THE SECOND QUARTER OF 2024 "We had a very successful second quarter, with loans growing 3.6% during the quarter while deposit growth continues to outpac ...

Table of Contents SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant To Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from _______________ to _______________ Commission File No. 001-41899 NB Bancorp, Inc. (Exact name of registrant as specified in its charter) Maryland 93-2560883 (State o ...

Total assets were $4.65 billion as of March 31, 2024, representing an increase of $116.6 million, or 2.6%, from December 31, 2023. NB Bancorp, Inc. Reports First Quarter 2024 Financial Results Investor Contact JP Lapointe, EVP and CFO IR@NeedhamBank.com 781-474-5408 Needham, MA, April 24, 2024 – NB Bancorp, Inc. (the "Company") (Nasdaq Capital Market: NBBK), the holding company of Needham Bank, today announced its first quarter 2024 financial results. SELECTED FINANCIAL HIGHLIGHTS FOR THE FIRST QUARTER OF 2 ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the year ended December 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________. Commission file number: 001-41899 NB BANCORP, INC. (Exact name of registrant as specified in its charter) Maryland 93-2560883 ...

Exhibit 99.1 NB Bancorp, Inc. Reports Full Year 2023 Financial Results Investor Contact ● Net income was $9.8 million for 2023, which was negatively impacted by the previously mentioned one-time expenses, most significantly the $19.1 million expense for the cash and stock contribution to the Needham Bank Charitable Foundation. ● Net income, excluding conversion and IPO-related expenses, was $34.3 million for the year ended December 31, 2023. ● Book value and tangible book value per share were $17.75 and $17 ...

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such requirements for the past 90 days. YES ☐ NO ☒ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation ...