Latest Ratios: P/E Ratio 15.9x · EV/EBITDA 10.4x · ROE 6.2%. (2021–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Market Cap | $873M | $816M | $711M | $565M | — | — |
| Enterprise Value | $743M | $687M | $621M | $758M | — | — |
| P/E Ratio → | 15.93 | 15.02 | 16.88 | 58.48 | — | — |
| P/S Ratio | 2.75 | 2.57 | 2.34 | 2.38 | — | — |
| P/B Ratio | 1.01 | 0.95 | 0.93 | 0.75 | — | — |
| P/FCF | 15.21 | 14.22 | 17.25 | 11.30 | — | — |
| P/OCF | 14.36 | 13.42 | 16.47 | 10.68 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.16 | 2.04 | 3.19 | — | — |
| EV / EBITDA | 10.37 | 9.57 | 10.08 | 51.67 | — | — |
| EV / EBIT | 10.45 | 9.65 | 10.59 | 64.00 | — | — |
| EV / FCF | — | 11.97 | 15.06 | 15.15 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Gross Margin | 54.9% | 54.9% | 52.8% | 56.1% | 82.7% | 85.1% |
| Operating Margin | 22.4% | 22.4% | 19.3% | 5.0% | 28.2% | 28.0% |
| Net Profit Margin | 15.9% | 15.9% | 13.9% | 4.1% | 23.3% | 21.8% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| ROE | 6.2% | 6.2% | 5.5% | 1.8% | 9.0% | 6.6% |
| ROA | 0.8% | 0.8% | 0.9% | 0.2% | 0.9% | 0.7% |
| ROIC | 5.5% | 5.5% | 4.6% | 1.1% | 5.7% | 6.3% |
| ROCE | 1.8% | 1.8% | 6.1% | 1.4% | 7.4% | 8.3% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Debt / Equity | 0.23 | 0.23 | 0.16 | 0.37 | 0.85 | 0.00 |
| Debt / EBITDA | 2.74 | 2.74 | 1.96 | 19.31 | 7.54 | 0.01 |
| Net Debt / Equity | — | -0.15 | -0.12 | 0.25 | 0.47 | -1.40 |
| Net Debt / EBITDA | -1.81 | -1.81 | -1.47 | 13.15 | 4.17 | -15.37 |
| Debt / FCF | — | -2.26 | -2.19 | 3.85 | 5.19 | -10.87 |
| Interest Coverage | 0.51 | 0.51 | 0.45 | 0.13 | 2.34 | 2.19 |
Net cash position: cash ($326M) exceeds total debt ($196M)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Current Ratio | 306.98 | 306.98 | 0.08 | 0.09 | 0.15 | 0.29 |
| Quick Ratio | 306.98 | 306.98 | 0.08 | 0.09 | 0.15 | 0.29 |
| Cash Ratio | 15.14 | 15.14 | 0.05 | 0.03 | 0.04 | 0.18 |
| Asset Turnover | — | 0.05 | 0.06 | 0.05 | 0.04 | 0.03 |
| Inventory Turnover | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Dividend Yield | 0.6% | 0.7% | — | — | — | — |
| Payout Ratio | 11.1% | 11.1% | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Earnings Yield | 6.3% | 6.7% | 5.9% | 1.7% | — | — |
| FCF Yield | 6.6% | 7.0% | 5.8% | 8.9% | — | — |
| Buyback Yield | 8.8% | 9.5% | 0.0% | 2.4% | — | — |
| Total Shareholder Yield | 9.5% | 10.1% | 0.0% | 2.4% | — | — |
| Shares Outstanding | — | $41M | $39M | $42M | $43M | $43M |
CRE concentration and liquidity
According to recent market data, NBBK trades at a P/B of 1.02, which suggests that investors are currently pricing the bank near its tangible book value while awaiting more definitive evidence of efficient capital deployment following its recent mutual-to-stock conversion process.
The current P/B multiple appears to reflect a cautious market stance, likely discounting the temporary dilution of ROE caused by the massive influx of conversion capital. Investors should monitor whether the bank can sustain its current asset growth trajectory to justify a premium valuation relative to its regional peers.
As reported in financial statements, NBBK's ROE of 1.8% in 2026Q1 highlights the structural drag of an elevated equity base, which necessitates a strategic pivot toward higher-yielding asset classes to improve long-term profitability metrics for shareholders.
The bank's profitability is currently constrained by the sheer volume of capital on the balance sheet, which suppresses return ratios despite stable operational efficiency. Future improvements in ROE will likely depend on the bank's ability to leverage its capital base through disciplined loan growth rather than relying on passive interest income.
Based on the most recent quarterly filings, NBBK maintains an equity-to-assets ratio of 0.12, a figure that confirms its status as a well-capitalized institution capable of absorbing potential credit shocks while maintaining significant capacity for future strategic lending or capital return initiatives.
This capital position is a double-edged sword, providing a robust buffer against regional economic volatility while simultaneously creating pressure to deploy funds efficiently. The bank's ability to maintain this capital strength while scaling its commercial real estate portfolio warrants close observation by institutional investors.
Data from recent quarters indicates that the P/E ratio is a misleading metric for NBBK, as the bank's earnings are currently distorted by the one-time effects of its mutual-to-stock conversion and the subsequent deployment of excess capital into interest-earning assets.
Using P/E to evaluate NBBK obscures the underlying earnings power of the franchise, as the denominator is heavily influenced by non-recurring capital events. Analysts should prioritize P/TBV and ROTCE as more reliable indicators of value, as these metrics better account for the bank's unique capital structure and its ongoing transition to a public entity.
Includes 30+ ratios · 5 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying NBBK stock.
NB Bancorp, Inc. Common Stock's current P/E ratio is 15.9x. The historical average is 30.1x. This places it at the 33th percentile of its historical range.
NB Bancorp, Inc. Common Stock's current EV/EBITDA is 10.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 23.8x.
NB Bancorp, Inc. Common Stock's return on equity (ROE) is 6.2%. The historical average is 5.8%.
Based on historical data, NB Bancorp, Inc. Common Stock is trading at a P/E of 15.9x. This is at the 33th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
NB Bancorp, Inc. Common Stock's current dividend yield is 0.64% with a payout ratio of 11.1%.
NB Bancorp, Inc. Common Stock has 54.9% gross margin and 22.4% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
NB Bancorp, Inc. Common Stock's Debt/EBITDA ratio is 2.7x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.