Home Bancorp Soars 1.19% on Mergers!
Friday, Jun 6, 2025 11:10 am ET1min read
HBCP--
NBBK--
PVBC--
Home Bancorp, Inc. rose 1.19% during intraday trading. The company's stock price increase may be attributed to the merger between NB BancorpNBBK--, Inc. and Provident BancorpPVBC--, Inc., which is expected to be approximately 19% accretive to NB Bancorp, Inc.'s earnings per share in 2026. The merger expands Needham Bank's branch footprint into the North Shore of Massachusetts and New Hampshire, and Needham Bank will remain well capitalized with high levels of liquidity after the merger.
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