NECB - Bank Buzz: NB Bancorp Buybacks Catalysts And More
2024-05-31 17:25:02 ET
Summary
- Our strategy is to invest in banks trading below tangible book value with overcapitalized balance sheets, solid asset quality, and shareholder-friendly management teams.
- This article reviews the mutual conversion space, including notable share repurchase announcements, potential near-term catalysts, and a refreshed investment thesis for NB Bancorp, Inc.
- NB Bancorp is a well-run bank trading at an inexpensive valuation - insiders are buying.
Background
Welcome back to the seventh edition of Bank Buzz, where we cover the community bank sector, with a specific focus on mutual conversions, our favorite niche....
Bank Buzz: NB Bancorp, Buybacks, Catalysts And More