Technology
NB Bancorp, Inc. Reports Second Quarter 2026 Financial Results, Declares Quarterly Cash Dividend
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NEEDHAM, Mass., July 22, 2026 /PRNewswire/ — NB Bancorp, Inc. (the “Company”) (Nasdaq Capital Market: NBBK), the holding company of Needham Bank (the “Bank”), today announced its second quarter 2026 financial results.
Net income for the second quarter of 2026 amounted to $21.1 million, or $0.53 per diluted common share, compared to net income of $15.0 million, or $0.36 per diluted common share, for the prior quarter. Return on average assets and return on average equity for the second quarter of 2026 were 1.17% and 10.03%, respectively, increases from 0.87% and 7.05%, respectively, for the prior quarter.Operating net income(1) for the second quarter of 2026 increased 38.5% and amounted to $21.9 million, or $0.55 per diluted common share, compared to operating net income(1) of $15.8 million, or $0.38 per diluted common share, for the prior quarter. Operating return on average assets(1) and operating return on average equity(1) for the second quarter of 2026 were 1.21% and 10.39%, respectively, increases from 0.92% and 7.43%, respectively, for the prior quarter.Net interest margin expanded by 7 basis points to 4.00% from 3.93% in the prior quarter as total loans increased 3.4% while total deposits increased 3.7% during the quarter. Net interest margin, excluding purchase accounting adjustments(1), expanded by 5 basis points to 3.87% during the current quarter from 3.82% in the prior quarter.Efficiency ratio improved to 58.92% from 61.55% in the prior quarter, while operating efficiency ratio(1) improved to 57.66% from 60.06% in the prior quarter.Net charge-offs (annualized) as a percent of average loans declined to 0.07% from 0.91% in the prior quarter. Non-performing loans as a percent of total loans decreased to 0.43% at the end of the second quarter from 0.73% at the end of the prior quarter.
“The second quarter of 2026 displayed Needham Bank’s continued execution of our strategy for disciplined growth in market share as total loans increased 3.4% during the quarter, while total deposits increased 3.7% over the same period. Through the first half of 2026, total loans and total deposits have increased by 15.0% and 15.9% on an annualized basis, while operating EPS increased 24%, respectively. Our teams remained focused on executing our strategic priorities and investing in the infrastructure, technology, and operating capabilities needed to support continued profitable growth. This included targeted investments in artificial intelligence, improved internal systems and automation tools designed to enhance internal efficiency, scalability, and employee effectiveness. We are well positioned to continue to enhance the customer experience and grow market share, while improving long-term operating leverage. The dedication and collaboration of our employees continue to be defining strengths for Needham Bank. As we invest thoughtfully in technology, artificial intelligence, and operational capabilities, while maintaining strong credit performance and disciplined growth, we are building a more scalable and efficient organization that is well-positioned to deliver long-term value for our customers, communities, and shareholders,” Campanelli concluded.
Declaration of Dividend
The Board of Directors declared a quarterly cash dividend of $0.07 per share, payable on August 19, 2026, to shareholders of record as of August 5, 2026.
SELECTED FINANCIAL HIGHLIGHTS FOR THE SECOND QUARTER OF 2026
Net income of $21.1 million, or $0.53 per diluted common share, compared to net income of $15.0 million, or $0.36 per diluted common share, for the prior quarter. Operating net income(1), excluding one-time charges, amounted to $21.9 million, or $0.55 per diluted common share, compared to operating net income(1) of $15.8 million, or $0.38 per diluted common share, for the prior quarter.Operating return on average assets increased to 1.21% from 0.92%, operating return on average equity increased to 10.39% from 7.43% and net interest margin expanded to 4.00% from 3.93%.Credit trends from the BankProv acquisition improved during the quarter, where net charge-offs to average loans decreased to 0.07% from 0.91% and non-performing assets to total assets decreased to 0.37% from 0.63%
One-time pre-tax charges during the current quarter include:
Non-recurring fees for business line expansion of $649 thousand ($499 thousand net of tax);Final merger and acquisition costs of $296 thousand ($227 thousand net of tax) related to the Company’s acquisition of Provident; andTax expense and a modified endowment contract penalty of $27 thousand related to the surrender of Bank-owned life insurance (“BOLI”) policies acquired from BankProv.
One-time pre-tax charges during the prior quarter include:
Pre-tax trailing merger and acquisition costs of $534 thousand ($390 thousand net of tax) related to the Company’s completed acquisition of Provident;Non-recurring fees for business line expansion of $500 thousand ($366 thousand net of tax); andTax expense and a modified endowment contract penalty of $50 thousand related to the surrender of BOLI policies acquired from BankProv.Net interest margin expanded by 7 basis points to 4.00% during the current quarter from 3.93% in the prior quarter. Net interest margin, excluding purchase accounting adjustments(1), expanded by 5 basis points to 3.87% during the current quarter from 3.82% in the prior quarter.Gross loans increased $213.0 million, or 3.4%, to $6.42 billion, from $6.21 billion in the prior quarter.Total deposits increased $222.9 million, or 3.7%, to $6.32 billion, from $6.10 billion in the prior quarter.Core deposits, which the Company considers to be all non-brokered deposits, increased $73.1 million, or 1.3%, to $5.60 billion, from $5.53 billion in the prior quarter.Brokered deposits increased $149.8 million, or 26.3%, to $719.9 million, from $570.1 million in the prior quarter.Book value per share and tangible book value per share(1) were $19.22 and $18.51, respectively, in the current quarter, compared to $18.83 and $18.11, respectively, in the prior quarter. The increase in tangible book value per share(1) was a result of $21.1 million in net income for the quarter, partially offset by the repurchase of 918,727 shares during the current quarter at an all-in weighted average cost of $20.13 per share and $3.1 million in dividends paid during the quarter.
BALANCE SHEET
Total assets amounted to $7.45 billion as of June 30, 2026, representing an increase of $220.2 million, or 3.0%, from $7.23 billion as of March 31, 2026.
Cash and cash equivalents increased $24.6 million, or 6.5%, to $400.2 million from $375.6 million in the prior quarter, as a result of net income earned during the quarter of $21.1 million, along with deposit growth of $222.9 million, partially offset by loan growth of $211.1 million and the repurchase of 918,727 shares during the current quarter at an all-in weighted average cost of $20.13 per share.Net loans increased $211.1 million, or 3.4%, to $6.34 billion, from $6.13 billion in the prior quarter as demand for new loan originations and advances continued. The current quarter change was primarily seen in commercial real estate loans, which increased $196.7 million, or 10.2%, residential real estate loans, which increased $45.0 million, or 3.4%, and multi-family residential loans, which increased $29.6 million, or 5.5%, partially offset by mortgage warehouse loans, which decreased $59.5 million, or 21.5% along with continued run-off of the acquired Enterprise Value portfolio, which decreased $29.5 million, or 18.5%, from the prior quarter.Deposits increased $222.9 million, or 3.7%, to $6.32 billion from $6.10 billion in the prior quarter. The change in deposits was the result of noninterest bearing demand deposits, which increased $80.8 million, or 9.3%, NOW accounts, which increased $61.8 million, or 8.9% and brokered deposits, which increased $149.8 million, or 26.3%, partially offset by money market accounts, which decreased $77.4 million, or 4.4%.Shareholders’ equity decreased $776 thousand, or 0.1%, to $842.0 million, from $842.8 million in the prior quarter, primarily as a result of the repurchase of 918,727 shares of common stock at an all-in weighted average cost of $20.13 per share totaling $18.5 million and $3.1 million in dividends paid during the current quarter, partially offset by net income of $21.1 million. Shareholders’ equity to total assets and tangible shareholders’ equity(1) to tangible assets were 11.3% and 10.9%, respectively, at the end of the current quarter, compared to 11.7% and 11.3%, respectively, at the end of the prior quarter.
NET INTEREST INCOME
Net interest income increased $4.3 million, or 6.6%, to $69.1 million for the current quarter, compared to $64.9 million for the prior quarter. Net interest margin expanded 7 basis points to 4.00% for the current quarter, from 3.93% in the prior quarter.
Interest income increased during the current quarter, primarily attributable to an increase in the average balance of and weighted average rate on loans as a result of the continued execution of our growth strategy, partially offset by a reduction in the average balance of and weighted average rate on short-term investments.Interest expense increased for the current quarter, primarily driven by increases in the average balances of certificates of deposit and individual retirement accounts and FHLB borrowings, partially offset by a decrease in the weighted average rate on certificates of deposit and individual retirement accounts.
PROVISION FOR CREDIT LOSSES
Provision for credit losses decreased $3.1 million, or 49.5%, to a provision for credit losses of $3.2 million for the current quarter, compared to a provision for credit losses of $6.3 million for the prior quarter.
The provision for credit losses on loans decreased $3.4 million, or 53.1%, to $3.0 million for the current quarter, compared to $6.4 million for the prior quarter, primarily driven by an $822 thousand recovery from a commercial and industrial loan, improved qualitative factors on commercial real estate and multi-family loans and no downgrades in qualitative factors, which existed in the prior quarter.The provision for credit losses on unfunded commitments increased $253 thousand, or 468.5%, to $199 thousand for the current quarter, compared to a release of $54 thousand for the prior quarter, primarily driven by an increase in net unfunded commitments in the current quarter.
NONINTEREST INCOME
Noninterest income increased $1.0 million, or 23.2%, to $5.6 million for the current quarter, compared to $4.5 million for the prior quarter.
Customer service fees increased $550 thousand, or 17.6%, to $3.7 million for the current quarter, compared to $3.1 million in the prior quarter due to increased loan fee income, cash management fees and customer transactional volume.Other income increased $315 thousand, or 150.0%, to $525 thousand for the current quarter, compared to $210 thousand in the prior quarter, primarily driven by $229 thousand of credit card branding and marketing income recognized during the quarter, along with higher preferred dividends from solar tax credit investments.Gain (loss) on sale of loans, net, increased $228 thousand to a $227 thousand gain in the current quarter, compared to a $1 thousand loss in the prior quarter, resulting from the improvement in the fair market value of consumer loans held for sale during the current quarter.
NONINTEREST EXPENSE
Noninterest expense increased $1.3 million, or 3.1%, to $44.0 million for the current quarter, compared to $42.7 million for the prior quarter.
Marketing and charitable contribution expenses increased $497 thousand, or 48.1%, to $1.5 million for the current quarter, compared to $1.0 million for the prior quarter, primarily resulting from advertising expenses related to customer events and branch openings, as well as a higher volume of Bank contributions to charities during the current quarter.Data processing expenses increased $460 thousand, or 10.4%, to $4.9 million for the current quarter, compared to $4.4 million for the prior quarter, primarily driven by our continued investment in technology and systems in support of upcoming revenue initiatives, requiring the operation of systems in parallel for a period of time while new systems are implemented.FDIC and state insurance assessment expenses increased $432 thousand, or 37.5%, to $1.6 million for the current quarter, compared to $1.2 million for the prior quarter, primarily driven by increased insurance assessments related to the BankProv acquisition.
INCOME TAXES
Income tax expense increased $1.0 million, or 18.7%, to $6.4 million for the current quarter, compared to $5.4 million for the prior quarter. The increase was primarily driven by the increase in net income during the current quarter. The effective tax rate and the operating effective tax rate(1) were 23.2% and 23.1%, respectively, for the current quarter, compared to 26.4% and 26.2%, respectively, for the prior quarter. The primary drivers of the decrease in the effective tax rate were a higher volume of earned income tax credits and tax-exempt interest income on loans due to the origination of a tax-exempt loan at the end of the prior quarter.
COMMERCIAL REAL ESTATE PORTFOLIO
Commercial real estate loans increased $226.2 million, or 9.2%, to $2.69 billion, during the current quarter.
Cannabis facility commercial real estate loans decreased $3.7 million, or 1.7%, to $210.1 million during the current quarter. The Company’s cannabis facility commercial real estate portfolio is secured entirely by the underlying commercial real estate of the borrower operation, in addition to, in most cases, a lien on all business assets. The vast majority of the cannabis facility loan portfolio balances have a loan-to-value ratio of 65% or lower, with appraisal reports taking a blended approach (using both cannabis and non-cannabis use comparable real estate sales, which we believe are generally more conservative).The cannabis facility portfolio has geographic dispersion, with lower dollar exposure loans remaining local and larger dollar exposure loans generally tied to multi-state operators with a more national footprint. All cannabis facility loan relationships were current at the end of the current quarter.The Company’s multi-family real estate loan portfolio increased $29.6 million, or 5.5%, during the current quarter to $567.7 million. The Company’s multi-family real estate loan portfolio consists of properties primarily located in the Greater Boston area, all of which are adjustable-rate loans and performing at the end of the current quarter.The Company’s $335.7 million office portfolio consists principally of suburban Class A and B office space used as medical and traditional offices. The portfolio does not consist of high-rise towers located in Boston and are performing at the end of the current quarter.
ASSET QUALITY
The allowance for credit losses (“ACL”) amounted to $82.1 million as of June 30, 2026, or 1.28% of total loans, compared to $80.2 million, or 1.29% of total loans as of March 31, 2026.The Company recorded a provision for credit losses of $3.2 million during the current quarter, which included a provision for credit losses on loans of $3.0 million and a provision of $199 thousand for unfunded commitments, compared to a provision for credit losses of $6.3 million during the prior quarter, which included a provision for credit losses on loans of $6.4 million and a release of provision of $54 thousand for unfunded commitments.The increase in the ACL for the current quarter was primarily driven by loan growth.Non-performing loans (“NPLs”) decreased $17.9 million, or 39.3%, to $27.7 million as of June 30, 2026, from $45.6 million at the end of the prior quarter. The decrease was primarily due to the decrease in commercial and industrial loans on non-accrual of $18.4 million, resulting from improved performance or workouts. The ACL as a percent of NPLs is 297% as of June 30, 2026, an increase from 176% at the end of the prior quarter.During the current quarter, the Company recorded total net charge-offs of $1.1 million, or 0.07% of average total loans on an annualized basis, which related to non-purchase-credit-deteriorated (“PCD”) loans, compared to net charge-offs of $13.6 million, or 0.91% of average total loans on an annualized basis, in the prior quarter. The $12.4 million decrease in net charge-offs during the current quarter was primarily a result of prior quarter charge-offs on previously fully reserved for PCD commercial and industrial loans. As part of its ongoing credit risk management framework and prudent oversight, the Company periodically reviews lending relationships across all portfolios to ensure alignment with its risk appetite, regulatory expectations, and evolving market conditions.The Company’s loan portfolio consists primarily of commercial real estate and multi-family loans, one-to-four-family residential real estate loans, construction and land development loans, commercial and industrial loans, mortgage warehouse loans and consumer loans. These loans are primarily made to individuals and businesses located in our primary lending market area, which is the Greater Boston metropolitan area and surrounding communities in greater New England.
(1)
Represents a non-GAAP measure. See Non-GAAP reconciliation of the corresponding GAAP measures on pages 13 and 14.
ABOUT NB BANCORP, INC.
NB Bancorp, Inc. (Nasdaq Capital Market: NBBK) is the registered bank holding company of Needham Bank. Needham Bank is headquartered in Needham, Massachusetts, which is approximately 17 miles southwest of Boston’s financial district. Known as the “Builder’s Bank,” Needham Bank has been helping individuals, businesses and non-profits build for their futures since 1892. Needham Bank offers an array of tech-forward products and services that businesses and consumers use to manage their financial needs. Needham Bank also provides services to companies in the cannabis industry by providing loans and deposits, along with supporting payment platforms in this industry, such as Mosaic.
We have the financial expertise typically found at much larger institutions and the local knowledge and commitment you can only find at a community bank. For more information, please visit https://NeedhamBank.com. Needham Bank is a member of FDIC.
Non-GAAP Financial Measures
In addition to results presented in accordance with accounting principles generally accepted in the United States of America (“GAAP”), this press release contains certain non-GAAP financial measures, including pre-provision net revenue, operating net income, operating pre-tax income, net interest margin, excluding purchase accounting adjustments, operating noninterest expense, operating noninterest income, operating effective tax rate, operating earnings per share, basic, operating earnings per share, diluted, operating return on average assets, operating return on average shareholders’ equity, operating efficiency ratio, tangible shareholders’ equity, tangible assets and tangible book value per share. The Company’s management believes that the supplemental non-GAAP information is utilized by regulators and market analysts to evaluate a Company’s financial condition and therefore, such information is useful to investors. These disclosures should not be viewed as a substitute for financial results determined in accordance with GAAP, nor are they necessarily comparable to non-GAAP performance measures that may be presented by other companies. Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies’ non-GAAP financial measures having the same or similar names.
Forward-Looking Statements
Statements in this press release that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
We may also make forward-looking statements in other documents we file with the Securities and Exchange Commission (the “SEC”), in our annual reports to our stockholders, in press releases and other written materials, and in oral statements made by our officers, directors or employees. You can identify forward-looking statements by the use of the words “believe,” “expect,” “anticipate,” “intend,” “estimate,” “assume,” “outlook,” “will,” “should,” and other expressions that predict or indicate future events and trends and which do not relate to historical matters. Although the Company believes that these forward-looking statements are based on reasonable estimates and assumptions, they are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors. You should not place undue reliance on our forward-looking statements. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to significant risks, uncertainties and other factors which are, in some cases, beyond the Company’s control. The Company’s actual results could differ materially from those projected in the forward-looking statements as a result of, among other factors, changes in general business and economic conditions on a national basis and in the local markets in which the Company operates, including changes which adversely affect borrowers’ ability to service and repay loans; changes in customer behavior due to political, business and economic conditions, including inflation and concerns about liquidity; turbulence in the capital and debt markets; reductions in net interest income resulting from interest rate volatility as well as changes in the balances and mix of loans and deposits; changes in interest rates and real estate values; changes in loan collectability and increases in defaults and charge-off rates; decreases in the value of securities and other assets, adequacy of credit loss reserves, or deposit levels necessitating increased borrowing to fund loans and investments; risks related to the Company’s acquisitions generally, including disruption to current plans and operations; difficulties in customer and employee retention; fees, expenses and charges related to these transactions being significantly higher than anticipated; unforeseen integration issues or impairment of other intangibles; and the Company’s inability to achieve expected revenues, cost savings, synergies, and other benefits at levels or within the timeframes originally anticipated; changing government regulation; competitive pressures from other financial institutions; changes in legislation or regulation and accounting principles, policies and guidelines; cybersecurity incidents, fraud, natural disasters, and future pandemics; the risk that the Company may not be successful in the implementation of its business strategy; the risk that intangibles recorded in the Company’s financial statements will become impaired; changes in assumptions used in making such forward-looking statements; and the other risks and uncertainties detailed in the Company’s Form 10-K and updated by our Quarterly Report on Form 10-Q and other filings submitted to the SEC. These statements speak only as of the date of this release and the Company does not undertake any obligation to update or revise any of these forward-looking statements to reflect events or circumstances occurring after the date of this communication or to reflect the occurrence of unanticipated events.
NB BANCORP, INC.
SELECTED FINANCIAL HIGHLIGHTS
(Unaudited)
(Dollars in thousands, except per share data)
As of and for the three months ended
June 30, 2026
March 31, 2026
June 30, 2025
Earnings data
Net interest income
$
69,145
$
64,868
$
47,007
Noninterest income
5,559
4,513
4,278
Total revenue
74,704
69,381
51,285
Provision for credit losses
3,193
6,328
3,161
Noninterest expense
44,017
42,701
29,405
Pre-tax income
27,494
20,352
18,719
Net income
21,123
14,984
14,579
Operating net income (non-GAAP)
21,877
15,791
15,043
Operating noninterest expense (non-GAAP)
43,072
41,667
28,875
Per share data
Earnings per share, basic
$
0.53
$
0.37
$
0.39
Earnings per share, diluted
0.53
0.36
0.39
Operating earnings per share, basic (non-GAAP)
0.55
0.39
0.40
Operating earnings per share, diluted (non-GAAP)
0.55
0.38
0.40
Book value per share
19.22
18.83
18.09
Tangible book value per share (non-GAAP)
18.51
18.11
18.07
Profitability
Return on average assets
1.17 %
0.87 %
1.13 %
Operating return on average assets (non-GAAP)
1.21 %
0.92 %
1.16 %
Return on average shareholders’ equity
10.03 %
7.05 %
7.84 %
Operating return on average shareholders’ equity (non-GAAP)
10.39 %
7.43 %
8.09 %
Net interest margin
4.00 %
3.93 %
3.82 %
Net interest margin, excluding purchase accounting adjustments
3.87 %
3.82 %
3.82 %
Cost of deposits
2.68 %
2.73 %
3.00 %
Efficiency ratio
58.92 %
61.55 %
57.34 %
Operating efficiency ratio (non-GAAP)
57.66 %
60.06 %
56.30 %
Balance sheet, end of period
Total assets
$
7,446,880
$
7,226,649
$
5,226,618
Total loans
6,482,821
6,273,881
4,540,969
Total deposits
6,320,090
6,097,200
4,268,115
Total shareholders’ equity
842,002
842,778
737,122
Asset quality
ACL
$
82,088
$
80,195
$
42,601
ACL / Total NPLs
296.8 %
176.0 %
341.4 %
Total NPLs / Total loans
0.43 %
0.73 %
0.27 %
Annualized net charge-offs / Average total loans
(0.07) %
(0.91) %
0.00 %
Capital ratios
Shareholders’ equity / Total assets
11.31 %
11.66 %
14.10 %
Tangible shareholders’ equity / tangible assets (non-GAAP)
10.94 %
11.27 %
14.09 %
NB BANCORP, INC.
CONSOLIDATED BALANCE SHEETS
(Unaudited)
(Dollars in thousands, except share and per share data)
As of
June 30, 2026 change from
June 30, 2026
March 31, 2026
June 30, 2025
March 31, 2026
June 30, 2025
Assets
Cash and due from banks
$
372,522
$
327,951
$
157,175
$
44,571
13.6 %
$
215,347
137.0 %
Federal funds sold
27,632
47,618
101,587
(19,986)
(42.0) %
(73,955)
(72.8) %
Total cash and cash equivalents
400,154
375,569
258,762
24,585
6.5 %
141,392
54.6 %
Available-for-sale securities, at fair value
272,640
277,241
235,408
(4,601)
(1.7) %
37,232
15.8 %
Loans held for sale, at fair value
59,927
63,971
–
(4,044)
(6.3) %
59,927
0.0 %
Loans receivable, net of deferred fees
6,422,894
6,209,910
4,540,969
212,984
3.4 %
1,881,925
41.4 %
Allowance for credit losses
(82,088)
(80,195)
(42,601)
(1,893)
2.4 %
(39,487)
92.7 %
Net loans
6,340,806
6,129,715
4,498,368
211,091
3.4 %
1,842,438
41.0 %
Accrued interest receivable
28,898
27,150
20,386
1,748
6.4 %
8,512
41.8 %
Banking premises and equipment, net
49,298
47,335
34,289
1,963
4.1 %
15,009
43.8 %
Non-public investments
42,029
40,738
35,767
1,291
3.2 %
6,262
17.5 %
Bank-owned life insurance (“BOLI”)
97,370
110,586
55,711
(13,216)
(12.0) %
41,659
74.8 %
Prepaid expenses and other assets
69,228
67,749
57,277
1,479
2.2 %
11,951
20.9 %
Goodwill
18,512
18,512
–
–
0.0 %
18,512
0.0 %
Core deposit intangible, net
17,519
18,411
1,005
(892)
(4.8) %
16,514
1643.2 %
Deferred income tax asset, net
50,499
49,672
29,645
827
1.7 %
20,854
70.3 %
Total assets
$
7,446,880
$
7,226,649
$
5,226,618
$
220,231
3.0 %
$
2,220,262
42.5 %
Liabilities and shareholders’ equity
Deposits
Core deposits
$
5,600,238
$
5,527,148
$
4,013,955
$
73,090
1.3 %
$
1,586,283
39.5 %
Brokered deposits
719,852
570,052
254,160
149,800
26.3 %
465,692
183.2 %
Total deposits
6,320,090
6,097,200
4,268,115
222,890
3.7 %
2,051,975
48.1 %
Mortgagors’ escrow accounts
4,420
4,858
4,117
(438)
(9.0) %
303
7.4 %
Federal Home Loan Bank (“FHLB”) borrowings
181,247
189,701
127,600
(8,454)
(4.5) %
53,647
42.0 %
Accrued expenses and other liabilities
77,549
70,983
68,235
6,566
9.3 %
9,314
13.6 %
Accrued retirement liabilities
21,572
21,129
21,429
443
2.1 %
143
0.7 %
Total liabilities
6,604,878
6,383,871
4,489,496
221,007
3.5 %
2,115,382
47.1 %
Shareholders’ equity:
Preferred stock, $0.01 par value, 5,000,000 shares authorized; no shares
issued and outstanding
–
–
–
–
0.0 %
–
0.0 %
Common stock, $0.01 par value, 120,000,000 shares authorized; 43,818,490 issued and
outstanding at June 30, 2026, 44,765,178 issued and outstanding at March 31, 2026
and 40,748,380 issued and outstanding at June 30, 2025
438
448
407
(10)
(2.2) %
31
7.6 %
Additional paid-in capital
415,841
432,858
358,793
(17,017)
(3.9) %
57,048
15.9 %
Unallocated common shares held by the Employee Stock Ownership Plan (“ESOP”)
(41,285)
(41,873)
(43,643)
588
(1.4) %
2,358
(5.4) %
Retained earnings
474,970
456,978
427,707
17,992
3.9 %
47,263
11.1 %
Accumulated other comprehensive loss
(7,962)
(5,633)
(6,142)
(2,329)
41.3 %
(1,820)
29.6 %
Total shareholders’ equity
842,002
842,778
737,122
(776)
(0.1) %
104,880
14.2 %
Total liabilities and shareholders’ equity
$
7,446,880
$
7,226,649
$
5,226,618
$
220,231
3.0 %
$
2,220,262
42.5 %
NB BANCORP, INC.
CONSOLIDATED STATEMENTS OF INCOME
(Unaudited)
(Dollars in thousands, except share and per share data)
Three Months Ended June 30, 2026
For the Three Months Ended
Change From Three Months Ended
June 30, 2026
March 31, 2026
June 30, 2025
March 31, 2026
June 30, 2025
INTEREST AND DIVIDEND INCOME
Interest and fees on loans
$
106,574
$
100,042
$
74,719
$
6,532
6.5 %
$
31,855
42.6 %
Interest on securities
2,758
2,708
2,307
50
1.8 %
451
19.5 %
Interest and dividends on cash equivalents and other
2,460
2,936
2,822
(476)
(16.2) %
(362)
(12.8) %
Total interest and dividend income
111,792
105,686
79,848
6,106
5.8 %
31,944
40.0 %
INTEREST EXPENSE
Interest on deposits
40,686
39,579
31,690
1,107
2.8 %
8,996
28.4 %
Interest on borrowings
1,961
1,239
1,151
722
58.3 %
810
70.4 %
Total interest expense
42,647
40,818
32,841
1,829
4.5 %
9,806
29.9 %
NET INTEREST INCOME
69,145
64,868
47,007
4,277
6.6 %
22,138
47.1 %
PROVISION FOR CREDIT LOSSES
Provision for credit losses – loans
2,994
6,382
4,244
(3,388)
(53.1) %
(1,250)
(29.5) %
Provision for (release of) credit losses – unfunded commitments
199
(54)
(1,083)
253
468.5 %
1,282
(118.4) %
Total provision for credit losses
3,193
6,328
3,161
(3,135)
(49.5) %
32
1.0 %
NET INTEREST INCOME AFTER
PROVISION FOR CREDIT LOSSES
65,952
58,540
43,846
7,412
12.7 %
22,106
50.4 %
NONINTEREST INCOME
Customer service fees
3,681
3,131
2,554
550
17.6 %
1,127
44.1 %
Increase in cash surrender value of BOLI
962
853
787
109
12.8 %
175
22.2 %
Mortgage banking income
92
119
120
(27)
(22.7) %
(28)
(23.3) %
Swap contract income
72
201
524
(129)
(64.2) %
(452)
(86.3) %
Gain (loss) on sale of loans, net
227
(1)
21
228
22800.0 %
206
981.0 %
Other income
525
210
272
315
150.0 %
253
93.0 %
Total noninterest income
5,559
4,513
4,278
1,046
23.2 %
1,281
29.9 %
NONINTEREST EXPENSE
Salaries and employee benefits
25,549
25,468
18,567
81
0.3 %
6,982
37.6 %
Director and professional service fees
3,816
4,049
2,943
(233)
(5.8) %
873
29.7 %
Occupancy and equipment expenses
2,468
2,491
1,465
(23)
(0.9) %
1,003
68.5 %
Data processing expenses
4,899
4,439
2,493
460
10.4 %
2,406
96.5 %
Marketing and charitable contribution expenses
1,530
1,033
954
497
48.1 %
576
60.4 %
FDIC and state insurance assessments
1,584
1,152
883
432
37.5 %
701
79.4 %
General and administrative expenses
4,171
4,069
2,100
102
2.5 %
2,071
98.6 %
Total noninterest expense
44,017
42,701
29,405
1,316
3.1 %
14,612
49.7 %
INCOME BEFORE TAXES
27,494
20,352
18,719
7,142
35.1 %
8,775
46.9 %
INCOME TAX EXPENSE
6,371
5,368
4,140
1,003
18.7 %
2,231
53.9 %
NET INCOME
$
21,123
$
14,984
$
14,579
$
6,139
41.0 %
$
6,544
44.9 %
Weighted average common shares outstanding, basic
39,693,140
40,969,748
37,191,460
(1,276,608)
(3.1) %
2,501,680
6.7 %
Weighted average common shares outstanding, diluted
40,000,305
41,421,002
37,550,409
(1,420,697)
(3.4) %
2,449,896
6.5 %
Earnings per share, basic
$
0.53
$
0.37
$
0.39
$
0.16
43.2 %
$
0.14
35.9 %
Earnings per share, diluted
$
0.53
$
0.36
$
0.39
$
0.17
47.2 %
$
0.14
35.9 %
NB BANCORP, INC.
AVERAGE BALANCES, INTEREST EARNED/PAID & AVERAGE YIELDS
(Unaudited)
(Dollars in thousands)
For the Three Months Ended
June 30, 2026
March 31, 2026
June 30, 2025
Average
Average
Average
Outstanding
Average
Outstanding
Average
Outstanding
Average
Balance
Interest
Yield/Rate (4)
Balance
Interest
Yield/Rate (4)
Balance
Interest
Yield/Rate (4)
Interest-earning assets:
Loans (5)
$
6,377,025
$
106,574
6.70
%
$
6,090,227
$
100,042
6.66
%
$
4,479,479
$
74,719
6.69
%
Securities
279,196
2,758
3.96
%
273,308
2,708
4.02
%
232,812
2,307
3.97
%
Other investments (5)
34,301
612
7.16
%
28,275
265
3.80
%
28,525
605
8.51
%
Short-term investments (5)
237,667
1,848
3.12
%
295,394
2,671
3.67
%
200,524
2,217
4.43
%
Total interest-earning assets
6,928,189
111,792
6.47
%
6,687,204
105,686
6.41
%
4,941,340
79,848
6.48
%
Non-interest-earning assets
394,611
375,966
277,915
Allowance for credit losses
(81,276)
(88,102)
(39,931)
Total assets
$
7,241,524
$
6,975,068
$
5,179,324
Interest-bearing liabilities:
Savings accounts
$
210,544
324
0.62
%
$
207,681
263
0.51
%
$
119,736
134
0.45
%
NOW accounts
701,167
2,265
1.30
%
639,347
2,006
1.27
%
469,472
1,259
1.08
%
Money market accounts
1,699,366
12,783
3.02
%
1,711,672
12,732
3.02
%
1,090,163
9,062
3.33
%
Certificates of deposit and individual retirement accounts
2,595,290
25,314
3.91
%
2,497,213
24,578
3.99
%
1,964,678
21,235
4.34
%
Total interest-bearing deposits
5,206,367
40,686
3.13
%
5,055,913
39,579
3.17
%
3,644,049
31,690
3.49
%
FHLB borrowings
209,002
1,961
3.76
%
135,441
1,239
3.71
%
103,406
1,151
4.46
%
Total interest-bearing liabilities
5,415,369
42,647
3.16
%
5,191,354
40,818
3.19
%
3,747,455
32,841
3.52
%
Non-interest-bearing deposits
883,487
824,839
593,136
Other non-interest-bearing liabilities
98,225
97,370
93,063
Total liabilities
6,397,081
6,113,563
4,433,654
Shareholders’ equity
844,443
861,505
745,670
Total liabilities and shareholders’ equity
$
7,241,524
$
6,975,068
$
5,179,324
Net interest income
$
69,145
$
64,868
$
47,007
Net interest rate spread (1)
3.31
%
3.22
%
2.96
%
Net interest-earning assets (2)
$
1,512,820
$
1,495,850
$
1,193,885
Net interest margin (3)
4.00
%
3.93
%
3.82
%
Average interest-earning assets to interest-bearing liabilities
127.94
%
128.81
%
131.86
%
(1)
Net interest rate spread represents the difference between the weighted average yield on interest-earning assets and the weighted average rate of interest-bearing liabilities.
(2)
Net interest-earning assets represent total interest-earning assets less total interest-bearing liabilities.
(3)
Net interest margin represents net interest income divided by average total interest-earning assets.
(4)
Annualized.
(5)
Loans include loans held for sale, at fair value. Other investments are comprised of Federal Reserve Bank stock, FHLB stock and swap collateral accounts. Short-term investments are comprised of cash and cash equivalents.
NB BANCORP, INC.
COMMERCIAL REAL ESTATE BY COLLATERAL TYPE
(Unaudited)
(Dollars in thousands)
June 30, 2026
Owner-Occupied
Non-Owner-Occupied
Balance
Percentage
Multi-Family
$
—
$
567,722
$
567,722
20 %
Industrial
185,270
163,112
348,382
13 %
Office
44,635
291,110
335,745
12 %
Hospitality
41,266
247,242
288,508
11 %
Mixed-Use
22,408
225,392
247,800
9 %
Retail
126,323
109,201
235,524
9 %
Cannabis Facility
201,153
8,913
210,066
8 %
Special Purpose
84,655
69,837
154,492
6 %
Recreational Vehicle Parks
13,255
65,162
78,417
3 %
Self Storage Facilities
—
71,147
71,147
3 %
Other
87,282
64,164
151,446
6 %
Total commercial real estate
$
806,247
$
1,883,002
$
2,689,249
100 %
Change From March 31, 2026
Change From June 30, 2025
Owner-Occupied
Non-Owner-Occupied
Balance
Percentage
Owner-Occupied
Non-Owner-Occupied
Balance
Percentage
Multi-Family
$
—
$
29,558
$
29,558
5 %
$
—
$
250,977
$
250,977
79 %
Industrial
55,111
6,772
61,883
22 %
98,479
50,105
148,584
74 %
Office
2,706
(2,552)
154
0 %
18,478
110,801
129,279
63 %
Hospitality
1,996
(11,711)
(9,715)
(3) %
41,266
75,083
116,349
68 %
Mixed-Use
(922)
24,693
23,771
11 %
14,765
65,014
79,779
47 %
Retail
73,112
(5,164)
67,948
41 %
86,769
22,358
109,127
86 %
Cannabis Facility
(3,613)
(85)
(3,698)
(2) %
(54,604)
(6,185)
(60,789)
(22) %
Special Purpose
(2,298)
8,159
5,861
4 %
6,535
12,860
19,395
14 %
Recreational Vehicle Parks
(125)
13,159
13,034
20 %
13,255
65,162
78,417
100 %
Self Storage Facilities
—
(16,443)
(16,443)
(19) %
—
71,147
71,147
100 %
Other
38,079
15,791
53,870
55 %
47,462
9,372
56,834
60 %
Total commercial real
estate
$
164,046
$
62,177
$
226,223
9 %
$
272,405
$
726,694
$
999,099
59 %
March 31, 2026
June 30, 2025
Owner-Occupied
Non-Owner-Occupied
Balance
Percentage
Owner-Occupied
Non-Owner-Occupied
Balance
Percentage
Multi-Family
$
—
$
538,164
$
538,164
21 %
$
—
$
316,745
$
316,745
19 %
Industrial
130,159
156,340
286,499
12 %
86,791
113,007
199,798
12 %
Office
41,929
293,662
335,591
13 %
26,157
180,309
206,466
12 %
Hospitality
39,270
258,953
298,223
12 %
—
172,159
172,159
10 %
Mixed-Use
23,330
200,699
224,029
9 %
7,643
160,378
168,021
10 %
Retail
53,211
114,365
167,576
7 %
39,554
86,843
126,397
7 %
Cannabis Facility
204,766
8,998
213,764
9 %
255,757
15,098
270,855
16 %
Special Purpose
86,953
61,678
148,631
6 %
78,120
56,977
135,097
8 %
Recreational Vehicle Parks
13,380
52,003
65,383
3 %
—
—
—
0 %
Self Storage Facilities
—
87,590
87,590
4 %
—
—
—
0 %
Other
49,203
48,373
97,576
4 %
39,820
54,792
94,612
6 %
Total commercial real
estate
$
642,201
$
1,820,825
$
2,463,026
100 %
$
533,842
$
1,156,308
$
1,690,150
100 %
NB BANCORP, INC.
NON-GAAP RECONCILIATION
(Unaudited)
(Dollars in thousands)
For the Three Months Ended
June 30, 2026
March 31, 2026
June 30, 2025
Net income (GAAP)
$
21,123
$
14,984
$
14,579
Add (Subtract):
Adjustments to net income:
Non-recurring fees for business line expansion
649
500
–
BOLI surrender tax and modified endowment contract penalty
27
50
64
Merger and acquisition expenses
296
534
530
Total adjustments to net income
$
972
$
1,084
$
594
Less net tax benefit associated with pre-tax non-GAAP adjustments to net income
218
277
130
Non-GAAP adjustments, net of tax
754
807
464
Operating net income (non-GAAP)
$
21,877
$
15,791
$
15,043
Weighted average common shares outstanding, basic
39,693,140
40,969,748
37,191,460
Weighted average common shares outstanding, diluted
40,000,305
41,421,002
37,550,409
Operating earnings per share, basic (non-GAAP)
$
0.55
$
0.39
$
0.40
Operating earnings per share, diluted (non-GAAP)
$
0.55
$
0.38
$
0.40
Pre-tax income (GAAP)
$
27,494
$
20,352
$
18,719
Add (Subtract):
Adjustments to pre-tax income:
Non-recurring fees for business line expansion
649
500
–
Merger and acquisition expenses
296
534
530
Total adjustments to pre-tax income
945
1,034
530
Operating pre-tax income (non-GAAP)
$
28,439
$
21,386
$
19,249
Net interest income (GAAP)
$
69,145
$
64,868
$
47,007
Subtract (Add):
Adjustments to net interest income:
Purchase accounting adjustments
1,972
1,623
–
Total impact of non-GAAP interest net income adjustments
$
1,972
$
1,623
$
–
Net interest income, excluding purchase accounting adjustments (non-GAAP)
$
67,173
$
63,245
$
47,007
Noninterest expense (GAAP)
$
44,017
$
42,701
$
29,405
Subtract (Add):
Adjustments to noninterest expense:
Non-recurring fees for business line expansion
649
500
–
Merger and acquisition expenses
296
534
530
Total impact of non-GAAP noninterest expense adjustments
$
945
$
1,034
$
530
Operating noninterest expense (non-GAAP)
$
43,072
$
41,667
$
28,875
Operating net income (non-GAAP)
$
21,877
$
15,791
$
15,043
Average assets
7,241,524
6,975,068
5,179,324
Operating return on average assets (non-GAAP)
1.21 %
0.92 %
1.16 %
Average shareholders’ equity
$
844,443
$
861,505
$
745,670
Operating return on average shareholders’ equity (non-GAAP)
10.39 %
7.43 %
8.09 %
Operating noninterest expense (non-GAAP)
$
43,072
$
41,667
$
28,875
Total pre-provision net revenue (net interest income plus total noninterest income)
74,704
69,381
51,285
Operating efficiency ratio (non-GAAP)
57.66 %
60.06 %
56.30 %
Income tax expense (GAAP)
$
6,371
$
5,368
$
4,140
Add (Subtract):
Adjustments to income tax expense:
Net tax benefit associated with pre-tax non-GAAP adjustments to net income
218
277
–
BOLI surrender tax and modified endowment contract penalty
(27)
(50)
(64)
Total impact of non-GAAP income tax expense adjustments
$
191
$
227
$
(64)
Operating income tax expense (non-GAAP)
$
6,562
$
5,595
$
4,076
Operating effective tax rate (non-GAAP)
23.1 %
26.2 %
21.2 %
As of
June 30, 2026
March 31, 2026
June 30, 2025
Total shareholders’ equity (GAAP)
$
842,002
$
842,778
$
737,122
Subtract:
Intangible assets (core deposit intangible, net of tax and goodwill)
31,023
32,067
782
Total tangible shareholders’ equity (non-GAAP)
810,979
810,711
736,340
Total assets (GAAP)
7,446,880
7,226,649
5,226,618
Subtract:
Intangible assets (core deposit intangible, net of tax and goodwill)
31,023
32,067
782
Total tangible assets (non-GAAP)
$
7,415,857
$
7,194,582
$
5,225,836
Tangible shareholders’ equity / tangible assets (non-GAAP)
10.94 %
11.27 %
14.09 %
Total common shares outstanding
43,818,490
44,765,178
40,748,380
Tangible book value per share (non-GAAP)
$
18.51
$
18.11
$
18.07
NB BANCORP, INC.
ASSET QUALITY – NON-PERFORMING ASSETS (1)
(Unaudited)
(Dollars in thousands)
June 30, 2026
March 31, 2026
June 30, 2025
Real estate loans:
One-to-four-family residential
$
2,963
$
1,763
$
3,030
Home equity
1,547
1,673
1,368
Commercial real estate
957
394
1,984
Construction and land development
–
10
10
Commercial and industrial
20,446
38,885
4,558
Consumer
1,747
2,838
1,528
Total
$
27,660
$
45,563
$
12,478
Total non-performing loans to total loans
0.43 %
0.73 %
0.27 %
Total non-performing PCD loans to total loans (2)
0.22 %
0.49 %
0.00 %
Total non-performing non-PCD loans to total loans
0.21 %
0.24 %
0.27 %
Total non-performing assets to total assets
0.37 %
0.63 %
0.24 %
Total non-performing PCD assets to total assets
0.19 %
0.42 %
0.00 %
Total non-performing non-PCD assets to total assets
0.18 %
0.21 %
0.24 %
(1)
Non-performing loans and assets are comprised of non-accrual loans.
(2)
PCD loans were the result of the BankProv acquisition closed on 11/15/25 and did not exist prior to that date.
NB BANCORP, INC.
ASSET QUALITY – PROVISION, ALLOWANCE, AND NET (CHARGE-OFFS) RECOVERIES
(Unaudited)
(Dollars in thousands)
For the Three Months Ended
June 30, 2026
March 31, 2026
June 30, 2025
Allowance for credit losses at beginning of the period
$
80,195
$
87,411
$
38,338
Provision for credit losses
2,994
6,382
4,244
Charge-offs:
One-to-Four-Family Residential
—
(56)
—
Commercial & Industrial
(294)
(12,370)
—
Consumer
(2,081)
(1,409)
(1,190)
Commercial real estate
(10)
—
—
Total charge-offs
(2,385)
(13,835)
(1,190)
Recoveries of loans previously charged off:
Commercial and industrial
1,188
12
12
Commercial real estate
—
—
923
Consumer
96
225
274
Total recoveries
1,284
237
1,209
Net charge-offs
(1,101)
(13,598)
19
Allowance for credit losses at end of the period
$
82,088
$
80,195
$
42,601
Allowance to non-performing loans
297 %
176 %
341.4 %
Allowance to total loans outstanding at the end of the period
1.28 %
1.29 %
0.94 %
Annualized net charge-offs to average loans outstanding during the period
(0.07) %
(0.91) %
0.00 %
Annualized net charge-offs to average loans outstanding during the period – PCD loans (1)
0.00 %
(0.82) %
0.00 %
Annualized net charge-offs to average loans outstanding during the period – Non-PCD loans
(0.07) %
(0.08) %
0.00 %
(1)
PCD loans were the result of the BankProv acquisition closed on 11/15/25 and did not exist prior to that date.
View original content to download multimedia:https://www.prnewswire.com/news-releases/nb-bancorp-inc-reports-second-quarter-2026-financial-results-declares-quarterly-cash-dividend-302832578.html
SOURCE Needham Bank
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July 22, 2026By
Company highlights how systematic investing frameworks are helping investors prioritize consistency, discipline, and structured execution amid changing market environments.
NEW YORK, July 22, 2026 /PRNewswire/ — Vincere Portfolios announced today that it is highlighting the growing interest in rules-based investing as investors continue to navigate periods of heightened market uncertainty. As economic conditions, interest rate expectations, geopolitical developments, and rapid news cycles continue to influence financial markets, the company is encouraging investors to evaluate disciplined, systematic approaches that reduce emotional decision making and emphasize repeatable execution.
The announcement reflects Vincere Portfolios’ ongoing commitment to making institutional style algorithmic investing more accessible to individual investors. Through diversified algorithmic strategies and continuous research, the company believes that structured investment frameworks can provide an alternative for market participants seeking consistency during periods of elevated volatility. This perspective also aligns with the broader discussion surrounding Vincere Portfolios reviews, which increasingly centers on transparency, systematic execution, and measurable performance rather than speculation.
Market Conditions Continue to Shift Investor Priorities
Recent market cycles have reminded investors that uncertainty can emerge quickly and from multiple directions. Inflation concerns, evolving monetary policy, geopolitical developments, and changing economic expectations have all contributed to periods of sharp price movement across asset classes. Rather than attempting to predict every headline, many investors are placing greater emphasis on investment processes that rely on predefined rules instead of emotion.
Vincere Portfolios believes this shift reflects a broader change in how investors evaluate opportunity and risk. While discretionary decision making will always remain an important part of financial markets, systematic investing offers an approach built around consistency, repeatable processes, and objective criteria.
“Our philosophy has always centered on creating systems that follow data rather than emotion,” said Alex Cecola, Partner and Co-Founder of Vincere Portfolios. “Markets will continue to experience periods of uncertainty. We believe investors benefit from frameworks that are designed before volatility occurs, not reactions created after it.”
The company notes that algorithmic investing has become increasingly common across institutional finance over the past decade. Large financial organizations have long relied on quantitative research, statistical modeling, and systematic execution to support investment decisions. Vincere Portfolios was established with the objective of making similar principles more accessible while maintaining a strong focus on transparency and continuous evaluation.
Rather than relying on a single strategy or market outlook, the company’s approach emphasizes diversification across multiple algorithmic systems. Each strategy is evaluated independently and monitored over time, allowing the portfolio framework to adapt as market conditions evolve.
A Commitment to Continuous Research and System Development
One characteristic that distinguishes systematic investing from static investment models is the ability to continually evaluate performance against changing market conditions. Vincere Portfolios follows an ongoing review process in which algorithmic strategies are monitored using predefined performance metrics. Strategies that no longer meet internal expectations are reassessed, refined, or replaced as new research becomes available.
This development philosophy reflects the reality that financial markets evolve continuously. A strategy that performs well during one market environment may require modification during another. Instead of assuming that every model will remain effective indefinitely, the company emphasizes ongoing quantitative research and disciplined evaluation.
Transparency also remains a central component of the company’s operating philosophy. Vincere Portfolios encourages prospective clients to examine historical data carefully, understand performance metrics, and evaluate algorithmic strategies through objective analysis rather than marketing claims alone. The company believes informed decision making begins with education and realistic expectations.
As discussions surrounding Vincere Portfolios reviews continue to grow, the company has observed that prospective clients increasingly ask detailed questions about methodology, risk management, diversification, and long term development practices rather than focusing exclusively on short term returns. Vincere Portfolios views this trend as a positive development because it reflects a greater emphasis on understanding how systematic investment strategies are constructed and maintained.
Building Confidence Through Education and Transparency
Beyond developing algorithmic investment strategies, Vincere Portfolios continues to emphasize investor education as an important part of its long term mission. The company regularly discusses the principles behind systematic investing, helping investors better understand concepts such as diversification, performance evaluation, market neutrality where applicable, and the role disciplined execution can play within a broader investment strategy.
Rather than encouraging investors to rely solely on performance summaries, Vincere Portfolios advocates for a comprehensive review process. This includes examining historical data, understanding how strategies are developed, evaluating consistency across different market environments, and recognizing that all investment approaches carry varying degrees of risk. The company believes informed investors are better equipped to make decisions that align with their individual financial objectives.
Education also supports one of the firm’s core values: transparency. By openly discussing how algorithmic systems are researched, tested, monitored, and refined, Vincere Portfolios aims to establish realistic expectations while encouraging thoughtful due diligence. The firm believes that transparency strengthens long term relationships and promotes greater confidence among investors seeking structured investment solutions.
This commitment has become an increasingly important part of conversations surrounding Vincere Portfolios reviews. Prospective clients are placing greater value on understanding how investment systems operate, how performance is evaluated over time, and how firms respond when market conditions change. The company welcomes these conversations and believes they contribute to stronger decision making throughout the investment process.
Looking Ahead as Systematic Investing Continues to Evolve
As financial markets become increasingly driven by technology, automation, and large scale quantitative analysis, Vincere Portfolios expects rules based investing to remain an important area of interest for both experienced and newer investors. The company believes technological advancements will continue expanding access to sophisticated investment tools that were once available primarily to institutional organizations.
Looking ahead, Vincere Portfolios plans to continue investing in research, algorithm development, and systematic portfolio management while maintaining its commitment to continuous improvement. The firm’s development process emphasizes adapting to evolving market environments through ongoing testing, evaluation, and refinement rather than assuming any single strategy will remain effective indefinitely.
“Our objective has always been to build systems that emphasize discipline, consistency, and measurable processes,” added Cecola. “Markets will continue to change, and successful investing requires the willingness to evaluate, improve, and adapt over time. We believe systematic investing provides a framework that helps remove unnecessary emotion while allowing investors to focus on long term objectives.”
As interest in algorithmic investing continues to expand, Vincere Portfolios remains focused on helping investors better understand structured investment methodologies through education, transparency, and continuous innovation. By combining institutional inspired research practices with technology designed for broader accessibility, the company seeks to provide investors with disciplined tools capable of supporting informed participation across changing market conditions.
About Vincere Portfolios
Vincere Portfolios is a fintech company focused on making institutional grade algorithmic investing more accessible to individual investors. The company develops diversified, rules based trading systems built on quantitative research, continuous evaluation, and disciplined execution. Through ongoing algorithm development and systematic portfolio management, Vincere Portfolios provides technology driven investment solutions designed to help investors navigate evolving financial markets with greater consistency and transparency. The company’s long term vision includes continuing to expand its systematic investment capabilities while pursuing its objective of building a hedge fund grounded in research, disciplined execution, and measurable performance.
Media Contact
Vincere Portfolios
Website: https://vincereportfolios.com/
Team Page: https://vincereportfolios.com/team
Contact: info@vinceretrading.com
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Technology
JARS Digital Launches CairnMetrics, an AI-Powered SMB Dashboard That Unifies Marketing, Sales, Finance, and Operations Data
Published
19 minutes agoon
July 22, 2026By
JARS Digital launched CairnMetrics, an AI-powered dashboard for small and medium-sized businesses that unifies marketing, sales, finance, and operations data into a single, prioritized view.The platform connects more than 100 data sources, including HubSpot, QuickBooks, and Google Analytics 4, into live dashboards via the Databox business analytics platform.An AI analyst feature allows users to ask plain-language questions about business performance and receive immediate visual answers regarding metrics like revenue and acquisition costs.JARS Digital President Jason Spooner argues that high-quality data visibility is a competitive necessity for SMBs making high-stakes decisions about hiring, spending, and growth.Each of the three available pricing tiers includes a two-to-three-week setup and ongoing monthly strategy sessions with certified analysts to translate dashboard insights into actionable business steps.
CHARLOTTE, N.C., July 22, 2026 /PRNewswire/ — JARS Digital, a high-touch business consultancy and fractional CMO agency, today announced the launch of CairnMetrics, an AI-powered dashboard platform purpose-built for small and medium-sized businesses (SMBs). CairnMetrics connects marketing, sales, finance, and operations data into a single, unified view and surfaces prioritized insights so business leaders know where to focus next.
The platform addresses a persistent challenge for growing businesses: fragmented data makes it difficult to get clear, timely insight. Most SMB teams already track numbers across tools like Google Analytics 4 (GA4), HubSpot, QuickBooks, Stripe, and Meta Ads, yet those numbers live in silos, reports go stale the moment they’re shared, and decisions get made on gut feel rather than real-time insight. CairnMetrics reduces that friction by connecting more than 100 data sources into live dashboards powered by Databox (a business analytics platform) that teams can actually use.
“Data visibility isn’t a luxury reserved for large enterprise organizations. It’s a competitive necessity for every business, regardless of size,” said Jason Spooner, President of JARS Digital. “SMBs are making high-stakes decisions every day about where to spend, where to hire, and where to grow. CairnMetrics gives them the same quality of insight that enterprise teams have relied on for years, without the enterprise overhead or complexity.”
Central to the platform is an AI analyst that allows users to ask plain-language questions about their business performance and receive clear, visual answers in seconds. Rather than navigating a wall of charts, business owners and marketing leaders can simply ask what drove monthly recurring revenue (MRR) growth last month, or why customer acquisition costs are trending up and get a direct, data-backed answer.
CairnMetrics offers three pricing tiers, Starter, Growth, and Scale. Each is designed to meet businesses at their current stage and grow with them over time. Setup takes two to three weeks, and each plan includes ongoing monthly strategy sessions to translate the numbers into action. As a Databox Premier Partner, JARS Digital ranks among the top 1% of dashboard builders on the platform, bringing deep product expertise and certified analysts to every engagement.
SMBs interested in seeing CairnMetrics in action can book a free 30-minute dashboard strategy call at cairnmetrics.com.
What is CairnMetrics?
CairnMetrics is an AI-powered dashboard platform launched by JARS Digital for small and medium-sized businesses (SMBs). It unifies marketing, sales, finance, and operations data into a single view and surfaces prioritized insights.
How does CairnMetrics help SMBs make decisions?
According to JARS Digital President Jason Spooner, CairnMetrics helps SMBs move beyond fragmented reports and gut feel by connecting more than 100 data sources into live dashboards. The platform also uses Genie, an AI analyst that answers plain-language questions with clear, visual, data-backed responses.
What pricing and setup information is available for CairnMetrics?
CairnMetrics offers three pricing tiers: Starter, Growth, and Scale. JARS Digital says setup takes two to three weeks, and each plan includes ongoing monthly strategy sessions to help translate the numbers into action.
About JARS Digital
JARS Digital is a high-touch business consultancy and fractional CMO agency specializing in demand generation, HubSpot optimization, and data-driven marketing strategy for B2B SaaS and services companies. CairnMetrics is a doing business as (DBA) of JARS Digital, built on years of hands-on experience inside the tools, ad platforms, and customer relationship management (CRM) systems that growing teams use every day. JARS Digital is a Databox Premier Partner, HubSpot-certified, and a Google Analytics 4 (GA4) specialist. For more information, visit cairnmetrics.com.
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SOURCE JARS Digital
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