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Side-by-side financial comparison of NB Bancorp, Inc. (NBBK) and RE/MAX Holdings, Inc. (RMAX). Click either name above to swap in a different company.

RE/MAX Holdings, Inc. is the larger business by last-quarter revenue ($71.1M vs $63.4M, roughly 1.1× NB Bancorp, Inc.). NB Bancorp, Inc. runs the higher net margin — 12.2% vs 2.0%, a 10.1% gap on every dollar of revenue. On growth, NB Bancorp, Inc. posted the faster year-over-year revenue change (33.9% vs -1.8%). NB Bancorp, Inc. produced more free cash flow last quarter ($57.4M vs $33.5M). Over the past eight quarters, NB Bancorp, Inc.'s revenue compounded faster (22.6% CAGR vs -4.7%).

NB Bancorp, Inc. is a U.S.-based bank holding company operating through its fully owned banking subsidiary. It provides a full range of retail and commercial banking services including various deposit products, consumer loans, residential mortgages, and small business financing solutions, primarily catering to individual and small-to-mid-sized enterprise customers across the New York metropolitan area.

RE/MAX is an international real estate franchise operating in over 100 countries and territories that, in 2015, had over 100,000 agents in 6,800 offices.

NBBK vs RMAX — Head-to-Head

Bigger by revenue
RMAX
RMAX
1.1× larger
RMAX
$71.1M
$63.4M
NBBK
Growing faster (revenue YoY)
NBBK
NBBK
+35.7% gap
NBBK
33.9%
-1.8%
RMAX
Higher net margin
NBBK
NBBK
10.1% more per $
NBBK
12.2%
2.0%
RMAX
More free cash flow
NBBK
NBBK
$23.9M more FCF
NBBK
$57.4M
$33.5M
RMAX
Faster 2-yr revenue CAGR
NBBK
NBBK
Annualised
NBBK
22.6%
-4.7%
RMAX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NBBK
NBBK
RMAX
RMAX
Revenue
$63.4M
$71.1M
Net Profit
$7.7M
$1.4M
Gross Margin
Operating Margin
23.5%
13.1%
Net Margin
12.2%
2.0%
Revenue YoY
33.9%
-1.8%
Net Profit YoY
-50.6%
-75.2%
EPS (diluted)
$0.19

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NBBK
NBBK
RMAX
RMAX
Q4 25
$63.4M
$71.1M
Q3 25
$51.7M
$73.2M
Q2 25
$51.2M
$72.8M
Q1 25
$47.4M
$74.5M
Q4 24
$47.3M
$72.5M
Q3 24
$42.6M
$78.5M
Q2 24
$41.7M
$78.5M
Q1 24
$42.1M
$78.3M
Net Profit
NBBK
NBBK
RMAX
RMAX
Q4 25
$7.7M
$1.4M
Q3 25
$15.4M
$4.0M
Q2 25
$14.6M
$4.7M
Q1 25
$12.7M
$-2.0M
Q4 24
$15.6M
$5.8M
Q3 24
$8.4M
$966.0K
Q2 24
$9.5M
$3.7M
Q1 24
$8.7M
$-3.4M
Operating Margin
NBBK
NBBK
RMAX
RMAX
Q4 25
23.5%
13.1%
Q3 25
38.6%
25.0%
Q2 25
36.6%
19.3%
Q1 25
37.1%
7.2%
Q4 24
40.7%
5.9%
Q3 24
36.1%
19.4%
Q2 24
28.3%
20.6%
Q1 24
28.8%
5.8%
Net Margin
NBBK
NBBK
RMAX
RMAX
Q4 25
12.2%
2.0%
Q3 25
29.7%
5.4%
Q2 25
28.5%
6.4%
Q1 25
26.7%
-2.6%
Q4 24
33.0%
8.0%
Q3 24
19.7%
1.2%
Q2 24
22.7%
4.7%
Q1 24
20.7%
-4.3%
EPS (diluted)
NBBK
NBBK
RMAX
RMAX
Q4 25
$0.19
Q3 25
$0.43
Q2 25
$0.39
Q1 25
$0.33
Q4 24
$0.40
Q3 24
$0.21
Q2 24
$0.24
Q1 24
$0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NBBK
NBBK
RMAX
RMAX
Cash + ST InvestmentsLiquidity on hand
$118.7M
Total DebtLower is stronger
$432.2M
Stockholders' EquityBook value
$858.9M
$452.4M
Total Assets
$7.0B
$582.5M
Debt / EquityLower = less leverage
0.96×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NBBK
NBBK
RMAX
RMAX
Q4 25
$118.7M
Q3 25
$107.5M
Q2 25
$94.3M
Q1 25
$89.1M
Q4 24
$96.6M
Q3 24
$83.8M
Q2 24
$66.1M
Q1 24
$82.1M
Total Debt
NBBK
NBBK
RMAX
RMAX
Q4 25
$432.2M
Q3 25
$433.3M
Q2 25
$434.4M
Q1 25
$435.3M
Q4 24
$436.2M
Q3 24
$437.2M
Q2 24
$438.1M
Q1 24
$439.0M
Stockholders' Equity
NBBK
NBBK
RMAX
RMAX
Q4 25
$858.9M
$452.4M
Q3 25
$737.0M
$448.1M
Q2 25
$737.1M
$442.4M
Q1 25
$739.6M
$433.5M
Q4 24
$765.2M
$429.5M
Q3 24
$747.4M
$423.1M
Q2 24
$734.3M
$418.4M
Q1 24
$733.8M
$412.0M
Total Assets
NBBK
NBBK
RMAX
RMAX
Q4 25
$7.0B
$582.5M
Q3 25
$5.4B
$582.2M
Q2 25
$5.2B
$574.8M
Q1 25
$5.2B
$571.4M
Q4 24
$5.2B
$581.6M
Q3 24
$5.0B
$578.6M
Q2 24
$4.8B
$571.4M
Q1 24
$4.7B
$566.7M
Debt / Equity
NBBK
NBBK
RMAX
RMAX
Q4 25
0.96×
Q3 25
0.97×
Q2 25
0.98×
Q1 25
1.00×
Q4 24
1.02×
Q3 24
1.03×
Q2 24
1.05×
Q1 24
1.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NBBK
NBBK
RMAX
RMAX
Operating Cash FlowLast quarter
$60.8M
$40.9M
Free Cash FlowOCF − Capex
$57.4M
$33.5M
FCF MarginFCF / Revenue
90.6%
47.1%
Capex IntensityCapex / Revenue
5.4%
10.4%
Cash ConversionOCF / Net Profit
7.89×
28.39×
TTM Free Cash FlowTrailing 4 quarters
$117.2M
$56.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NBBK
NBBK
RMAX
RMAX
Q4 25
$60.8M
$40.9M
Q3 25
$24.2M
$17.7M
Q2 25
$27.0M
$4.6M
Q1 25
$9.9M
$5.7M
Q4 24
$43.2M
$59.7M
Q3 24
$8.6M
$17.6M
Q2 24
$24.7M
$15.9M
Q1 24
$-11.4M
$9.4M
Free Cash Flow
NBBK
NBBK
RMAX
RMAX
Q4 25
$57.4M
$33.5M
Q3 25
$23.9M
$16.4M
Q2 25
$26.1M
$2.9M
Q1 25
$9.8M
$4.0M
Q4 24
$41.3M
$53.0M
Q3 24
$8.4M
$16.3M
Q2 24
$23.8M
$14.0M
Q1 24
$-11.7M
$6.8M
FCF Margin
NBBK
NBBK
RMAX
RMAX
Q4 25
90.6%
47.1%
Q3 25
46.3%
22.4%
Q2 25
51.0%
4.0%
Q1 25
20.8%
5.3%
Q4 24
87.2%
73.2%
Q3 24
19.7%
20.8%
Q2 24
57.1%
17.8%
Q1 24
-27.7%
8.6%
Capex Intensity
NBBK
NBBK
RMAX
RMAX
Q4 25
5.4%
10.4%
Q3 25
0.6%
1.8%
Q2 25
1.9%
2.2%
Q1 25
0.2%
2.3%
Q4 24
4.1%
9.1%
Q3 24
0.5%
1.7%
Q2 24
2.1%
2.4%
Q1 24
0.6%
3.3%
Cash Conversion
NBBK
NBBK
RMAX
RMAX
Q4 25
7.89×
28.39×
Q3 25
1.58×
4.45×
Q2 25
1.85×
0.97×
Q1 25
0.79×
Q4 24
2.77×
10.28×
Q3 24
1.03×
18.22×
Q2 24
2.61×
4.29×
Q1 24
-1.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

NBBK
NBBK

Segment breakdown not available.

RMAX
RMAX

Franchising Segment$50.1M70%
Broker Fees$13.9M20%
Annual Dues$7.4M10%

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