NB Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Interest Income on Loans	294.5	270.76	212.2	114.07	85.87
Interest Income on Investments	21.09	21.75	9.97	6.95	4.77
Total Interest Income	315.59	292.52	222.17	121.02	90.64
Interest Paid on Deposits	128.72	126.92	76.39	12.69	10.59
Interest Paid on Borrowings	5.64	4.4	14.05	2.86	2.04
Total Interest Expense	134.36	131.32	90.44	15.55	12.63
Net Interest Income	181.23	161.2	131.72	105.47	78.01
Net Interest Income Growth (YoY)	17.71%	22.38%	24.89%	35.20%	-
Mortgage Banking Activities	0.63	1.02	0.58	0.6	1.83
Gain (Loss) on Sale of Assets	-	-	-	-	0.5
Gain (Loss) on Sale of Investments	0	-1.87	-	-	0.48
Other Non-Interest Income	14.74	12.38	11.32	7.27	5.85
Total Non-Interest Income	15.37	11.53	11.9	7.87	8.65
Non-Interest Income Growth (YoY)	103.64%	-3.09%	51.30%	-9.12%	-
Revenues Before Loan Losses	196.6	172.73	143.62	113.34	86.67
Provision for Loan Losses	7.12	12.12	13.89	6.7	2.05
Revenue	189.48	160.61	129.74	106.64	84.62
Revenue Growth (YoY)	30.69%	23.79%	21.66%	26.03%	-
Salaries and Employee Benefits	71.8	64.66	66.34	45.57	38.05
Occupancy Expenses	4.79	4.38	4.25	3.72	3.37
Federal Deposit Insurance	3.67	2.85	4.71	1.83	1.4
Selling, General & Administrative	32.18	30.11	46.04	20.2	14.17
Total Non-Interest Expense	112.43	101.99	121.34	71.32	56.98
EBT Excluding Unusual Items	77.05	58.62	8.39	35.32	27.63
Other Unusual Items	-	-	3.45	1.07	-
Pretax Income	75.53	58.62	11.84	36.39	27.63
Income Tax Expense	17.32	16.47	2.02	6.32	6.06
Net Income	58.21	42.15	9.83	30.07	21.58
Net Income to Common	58.21	42.15	9.83	30.07	21.58
Net Income Growth	350.60%	329.00%	-67.32%	39.35%	-
Basic Shares Outstanding	38	39	42	-	-
Diluted Shares Outstanding	38	39	42	-	-
Shares Change (YoY)	-11.51%	-6.25%	-	-	-
EPS (Basic)	1.55	1.07	0.23	-	-
EPS (Diluted)	1.54	1.07	0.23	-	-
EPS Growth	420.99%	365.22%	-	-	-
Effective Tax Rate	22.93%	28.09%	17.05%	17.38%	21.92%

Source: S&P Capital IQ. Banks template. Financial Sources.