Northeast Bank (NBN)
Market Cap | 753.17M |
Revenue (ttm) | 157.67M |
Net Income (ttm) | 60.17M |
Shares Out | 8.21M |
EPS (ttm) | 7.69 |
PE Ratio | 11.93 |
Forward PE | 8.78 |
Dividend | $0.04 (0.04%) |
Ex-Dividend Date | Nov 12, 2024 |
Volume | 164,481 |
Open | 90.86 |
Previous Close | 92.53 |
Day's Range | 90.86 - 94.00 |
52-Week Range | 49.07 - 105.44 |
Beta | 1.08 |
Analysts | Buy |
Price Target | 91.00 (-0.85%) |
Earnings Date | Jan 28, 2025 |
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... [Read more]
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%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for NBN stock is "Buy." The 12-month stock price forecast is $91.0, which is a decrease of -0.85% from the latest price.
News
Northeast Bank Announces Commencement of At-the-Market Offering of Voting Common Stock
PORTLAND, Maine, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN) announced today that it has entered into an equity distribution agreement with Piper Sandler & Co. (“Piper ...
Northeast Bank (NBN) Q1 2025 Earnings Call Transcript
Northeast Bank (NASDAQ:NBN) Q1 2025 Results Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Richard Wayne - President and Chief Executive Officer Patrick Dignan - Chief Ope...
Northeast Bank Reports First Quarter Results and Declares Dividend
PORTLAND, Maine, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $17.1 million, or $2.11 per diluted common s...
Northeast Bank Announces Dates for Fiscal 2025 First Quarter Earnings Results and Conference Call
PORTLAND, Maine, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2025 first quarter earnings re...
Northeast Bank Announces Significant Loan Purchase Volume
PORTLAND, Maine, Sept. 24, 2024 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN) announced today that since June 30, 2024, the Bank has purchased primarily commercial real estate loans i...
Northeast Bank: A Bit Pricey, But For A Reason
Northeast Bank is a small institution with high-quality assets and a focus on commercial loans, including smaller loans often overlooked by larger institutions. The bank has seen mixed performance in ...
Northeast Bank (NBN) Q4 2024 Earnings Call Transcript
Northeast Bank (NASDAQ:NBN) Q4 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Richard Wayne - President, CEO & Director Richard Cohen - CFO Patrick Dignan - COO & EVP C...
Northeast Bank Reports Fourth Quarter Results and Declares Dividend
PORTLAND, Maine, July 29, 2024 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $15.1 million, or $1.91 per diluted common s...
Northeast Bank Announces Dates for Fiscal 2024 Fourth Quarter Earnings Results and Conference Call
PORTLAND, Maine, July 24, 2024 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2024 fourth quarter earnings r...
Northeast Bank: Good Growth Prospects
Northeast Bank offers potential for above-average returns with a unique business model combining organic growth and purchasing loans at discounts. Anticipation of interest rate cuts is high, which cou...
Northeast Bank Reports Third Quarter Results and Declares Dividend
PORTLAND, Maine, April 30, 2024 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $13.9 million, or $1.83 per diluted common ...
Northeast Bank Announces Dates for Fiscal 2024 Third Quarter Earnings Results and Conference Call
PORTLAND, Maine, April 25, 2024 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2024 third quarter earnings r...
Northeast Bank (NBN) Q2 2024 Earnings Call Transcript
Northeast Bank (NBN) Q2 2024 Earnings Call Transcript
Northeast Bank Reports Second Quarter Results and Declares Dividend
PORTLAND, Maine, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $14.1 million, or $1.85 per diluted common s...
Northeast Bank Announces Dates for Fiscal 2024 Second Quarter Earnings Results and Conference Call
PORTLAND, Maine, Jan. 25, 2024 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2024 second quarter earnings r...
Northeast Bank Announces Appointment of Chief Financial Officer
PORTLAND, Maine, Jan. 24, 2024 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), announced today the hiring of Richard Cohen, who will be appointed as Chief Financial Officer of the Bank,...
Northeast Bank: The Beal Banks And A Few Thoughts On Competitive Advantages In Commoditized Businesses
Northeast Bank has created great value for shareholders by buying commercial real estate loans at a discount in the secondary market. The bank's unconventional way of doing business gives it a competi...
Northeast Bank (NBN) Q1 2024 Earnings Call Transcript
Northeast Bank (NASDAQ:NBN) Q1 2024 Earnings Conference Call October 24, 2023 10:00 AM ET Company Participants Rick Wayne - President and Chief Executive Officer JP Lapointe - Chief Financial Officer...
Northeast Bank Announces Dates for Fiscal 2024 First Quarter Earnings Results and Conference Call
PORTLAND, Maine, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2024 first quarter earnings re...
Northeast Bank: Depressed Price Point Paves The Road For A Buy
The share price for Northeast Bank has fallen far enough that the downside is limited, given the positive impact interest rates have on the bottom line. The dividend yield is appealing at over 4% and ...
Northeast Bank (NBN) Q4 2023 Earnings Call Transcript
Northeast Bank (NASDAQ:NBN) Q4 2023 Earnings Conference Call July 25, 2023 10:00 AM ET Company Participants Richard Wayne - President & CEO Patrick Dignan - Chief Operating Officer Jean-Pierre Lapoin...
Northeast Bank Announces Dates for Fiscal 2023 Fourth Quarter Earnings Results and Conference Call
PORTLAND, Maine, July 19, 2023 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2023 fourth quarter earnings r...
Primer Series: Northeast Bank - Partnering With One Of The Best Bankers In America
Northeast Bank is a small regional bank in Maine, run by one of the best bankers in America in terms of track record. The analyst community is asleep at the wheel with the story of value creation over...
Northeast Bank (NBN) Q3 2023 Earnings Call Transcript
Northeast Bank (NBN) Q3 2023 Earnings Call Transcript.
Northeast Bank Announces Dates for Fiscal 2023 Third Quarter Earnings Results and Conference Call
PORTLAND, Maine, April 19, 2023 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2023 third quarter earnings r...