NB Bancorp, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 4, 2026, reporting third-quarter net income of $23.1 million and total assets of $7.68 billion.

Key Highlights

  • Net income of $23,133 thousand for the three months ended September 30, 2026, compared to $15,362 thousand for the same period in 2025, according to the filing.
  • Net interest income of $71,440 thousand for Q3 2026, up from $48,175 thousand in Q3 2025, as reported in the consolidated statements of income.
  • Total assets reached $7,683,996 thousand as of September 30, 2026, compared to $7,006,388 thousand at December 31, 2025.
  • Net loans of $6,687,548 thousand as of September 30, 2026, up from $5,898,729 thousand at December 31, 2025.
  • Total deposits of $6,521,396 thousand at September 30, 2026, rising from $5,853,792 thousand at year-end 2025.
  • Shares outstanding fell to 43,818,490 at September 30, 2026 from 45,770,128 at December 31, 2025.

NB Bancorp Reports Loan Growth and Higher Net Interest Income in Third Quarter 2026

According to the filing, NB Bancorp, Inc. (NASDAQ:NBBK) reported net income of $23,133 thousand for the three months ended September 30, 2026, compared to $15,362 thousand for the three months ended September 30, 2025. For the nine months ended September 30, 2026, the company disclosed net income of $59,240 thousand, up from $42,596 thousand for the same period in 2025. Total interest and dividend income for the third quarter was $116,156 thousand, versus $81,688 thousand in the prior-year quarter, while total interest expense was $44,716 thousand compared to $33,513 thousand.

The filing shows that net loans grew to $6,687,548 thousand at September 30, 2026 from $5,898,729 thousand at December 31, 2025, with loans receivable, net of deferred fees, rising to $6,765,853 thousand from $5,986,140 thousand over the same period. The allowance for credit losses decreased to $78,305 thousand at September 30, 2026 from $87,411 thousand at December 31, 2025. Total provision for credit losses for the three months ended September 30, 2026 was $1,246 thousand, compared to $1,396 thousand for the same quarter in 2025.

On the expense side, the company disclosed total noninterest expense of $46,281 thousand for Q3 2026, up from $30,499 thousand in Q3 2025. Salaries and employee benefits accounted for $27,499 thousand of that total. Total noninterest income for the quarter was $5,105 thousand, compared to $3,682 thousand in the prior-year period. Total shareholders' equity was reported at $857,403 thousand at September 30, 2026, compared to $858,932 thousand at December 31, 2025. The company is classified as an accelerated filer and an emerging growth company under the filing's cover page disclosures.

What Was Disclosed

NB Bancorp filed its quarterly report covering the period ended September 30, 2026, disclosing balance sheet growth in total assets to $7.68 billion, higher net interest income, increased loan balances, and rising deposit totals relative to December 31, 2025.