Northeast Bank (NBN)

Market Cap	799.13M
Revenue (ttm)	157.67M
Net Income (ttm)	60.17M
Shares Out	8.21M
EPS (ttm)	7.69
PE Ratio	12.66
Forward PE	9.31
Dividend	$0.04 (0.04%)
Ex-Dividend Date	Nov 12, 2024

Volume	39,209
Open	97.71
Previous Close	98.39
Day's Range	96.86 - 98.53
52-Week Range	49.07 - 105.44
Beta	1.06
Analysts	Buy
Price Target	80.00 (-17.85%)
Earnings Date	Oct 29, 2024

About NBN

Northeast Bank provides various banking services to individual and corporate customers in Maine. Its deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and checking accounts. The company’s loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; and consumer loans, including mobile home and overdraft, and deposit-secured loans. It also provides t...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1872
• Employees: 212
• Stock Exchange: NASDAQ
• Ticker Symbol: NBN
• Website: https://www.northeastbank.com

Financial Performance

In 2024, Northeast Bank's revenue was $152.68 million, an increase of 25.51% compared to the previous year's $121.66 million. Earnings were $58.23 million, an increase of 31.78%.

Analyst Forecast

According to one analyst, the rating for NBN stock is "Buy" and the 12-month stock price forecast is $80.0.

Price Target

$80.0

(-17.85% downside)

Analyst Consensus: Buy