Tag: NB Bancorp

The Daily Hit: October 31, 2024

News from: New York, Cookies Retail, Tennessee, Compass Pathways and more. The Daily Hit is a recap of the top financial news stories for Thursday, October 31, 2024. On the Site Report: New York could be a $6 billion market in just two years The New York market has been impacted with the explosion of […]

NB Bancorp cannabis loans jump 18% in third quarter

NB Bancorp Inc. (Nasdaq: NBBK) reported a drop in third-quarter profit Thursday, despite strong growth in its cannabis banking business. Massachusetts-based bank holding company said its commercial real estate loans secured by cannabis facilities jumped by $49.1 million, or 18.3%, during the quarter to reach $317.3 million as of Sept. 30. Cannabis loans now make […]