Business
NB Bancorp added to ABA Nasdaq Community Bank Index
NB Bancorp added to ABA Nasdaq Community Bank
About this update from Nb Bancorp, Inc.
ABA responds to IRS guidance on stock buyback excise tax. The American Bankers Association today added NB Bancorp , headquartered in Needham, Massachusetts , to the ABA Nasdaq Community Bank Index, or ABAQ. The index includes 251 community banks with $180.7 billion in market capitalization. Launched in 2003, the ABAQ is the most broadly representative stock index for community banks and helps raise awareness of this segment of the financial services sector among analysts and investors. (C) 2024 Electronic News Publishing, source ENP Newswire