Northeast Bank (NBN)

NASDAQ: NBN · IEX Real-Time Price · USD
46.29
+0.78 (1.71%)
At close: Jan 27, 2023, 4:00 PM
48.61
+2.32 (5.01%)
After-hours: Jan 27, 2023, 4:03 PM EST
1.71%
Market Cap 344.74M
Revenue (ttm) 104.38M
Net Income (ttm) 40.57M
Shares Out 7.45M
EPS (ttm) 5.29
PE Ratio 8.75
Forward PE n/a
Dividend $0.04 (0.09%)
Ex-Dividend Date Nov 10, 2022
Volume 22,512
Open 45.73
Previous Close 45.51
Day's Range 44.78 - 46.79
52-Week Range 33.09 - 48.50
Beta 1.26
Analysts Buy
Price Target 61.20 (+32.21%)
Earnings Date Jan 26, 2023

About NBN

Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its 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; consumer loans comprising mobile home and overdraft, and deposit-se... [Read more]

Sector Financials
Founded 1872
Employees 165
Stock Exchange NASDAQ
Ticker Symbol NBN
Full Company Profile

Financial Performance

In 2022, Northeast Bank's revenue was $104.67 million, a decrease of -22.96% compared to the previous year's $135.85 million. Earnings were $42.16 million, a decrease of -41.03%.

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for NBN stock is "Buy." The 12-month stock price forecast is $61.2, which is an increase of 32.21% from the latest price.

Price Target
$61.2
(32.21% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Northeast Bank Reports Second Quarter Results, including Record Purchases, and Declares Dividend

PORTLAND, Maine, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $11.3 million, or $1.54 per diluted common s...

4 days ago - GlobeNewsWire

Northeast Bank Announces Dates for Fiscal 2023 Second Quarter Earnings Results and Conference Call

PORTLAND, Maine, Jan. 20, 2023 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2023 second quarter earnings r...

1 week ago - GlobeNewsWire

Northeast Bank Announces Commencement of At-the-Market Offering of Voting Common Stock

PORTLAND, Maine, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN) announced today that it has entered into an equity distribution agreement with Piper Sandler & Co. (“Piper ...

1 month ago - GlobeNewsWire

Northeast Bank Announces Significant Loan Purchase Volume

PORTLAND, Maine, Dec. 08, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN) announced today that since September 30, 2022, the Bank has purchased or entered into agreements to purchas...

1 month ago - GlobeNewsWire

Northeast Bank Reports First Quarter Results and Declares Dividend

PORTLAND, Maine, Oct. 31, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $8.3 million, or $1.12 per diluted common sh...

3 months ago - GlobeNewsWire

Northeast Bank Announces Dates for Fiscal 2023 First Quarter Earnings Results and Conference Call

PORTLAND, Maine, Oct. 26, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2023 first quarter earnings re...

3 months ago - GlobeNewsWire

Northeast Bank Reports Fourth Quarter Results and Declares Dividend

PORTLAND, Maine, July 25, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $10.3 million, or $1.35 per diluted common s...

6 months ago - GlobeNewsWire

Northeast Bank Announces Dates for Fiscal 2022 Fourth Quarter Earnings Results and Conference Call

PORTLAND, Maine, July 20, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2022 fourth quarter earnings r...

6 months ago - GlobeNewsWire

Northeast Bank Reports Third Quarter Results and Declares Dividend

PORTLAND, Maine, April 25, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $10.6 million, or $1.36 per diluted common ...

9 months ago - GlobeNewsWire

Northeast Bank Announces New Share Repurchase Program

PORTLAND, Maine, April 21, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN) announced today that its Board of Directors has terminated its existing share repurchase program and appro...

10 months ago - GlobeNewsWire

Northeast Bank Announces Dates for Fiscal 2022 Third Quarter Earnings Results and Conference Call

PORTLAND, Maine, April 20, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2022 third quarter earnings r...

10 months ago - GlobeNewsWire

Northeast Bank Reports Second Quarter Results and Declares Dividend

PORTLAND, Maine, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $11.4 million, or $1.42 per diluted common s...

1 year ago - GlobeNewsWire

Northeast Bank Announces Dates for Fiscal 2022 Second Quarter Earnings Results and Conference Call

PORTLAND, Maine, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2022 second quarter earnings r...

1 year ago - GlobeNewsWire

The Bunny Roared in 2021

The Bunny Portfolio is hopping again. It bounced to a 36.6% return in the past year.

1 year ago - GuruFocus

Recap: Northeast Bank Q1 Earnings

Northeast Bank (NASDAQ:NBN) reported its Q1 earnings results on Wednesday, October 27, 2021 at 04:00 PM. Here's what investors need to know about the announcement.

1 year ago - Benzinga

Northeast Bank Announces Dates for Fiscal 2022 First Quarter Earnings Results and Conference Call

PORTLAND, Maine, Oct. 22, 2021 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2022 first quarter earnings re...

1 year ago - GlobeNewsWire

Northeast Bank Reports Fourth Quarter Results, Record Annual Earnings and Declares Dividend

PORTLAND, Maine, July 28, 2021 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $21.4 million, or $2.54 per diluted common s...

1 year ago - GlobeNewsWire

Northeast Bank Announces Dates for Fiscal 2021 Fourth Quarter Earnings Results and Conference Call

PORTLAND, Maine, July 23, 2021 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2021 fourth quarter earnings r...

1 year ago - GlobeNewsWire

Northeast Bank Announces Increased Share Repurchase Program

PORTLAND, Maine, April 26, 2021 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN) announced today that its Board of Directors has approved an increase to its previously approved share repu...

1 year ago - GlobeNewsWire

Northeast Bank: Q3 Earnings Insights

Shares of Northeast Bank (NASDAQ:NBN) remained unaffected after the company reported Q3 results. Quarterly Results Earnings per share rose 523.81% over the past year to $1.31, which beat the estimate ...

1 year ago - Benzinga

Northeast Bank Reports Record Third Quarter Results and Declares Dividend

PORTLAND, Maine, April 21, 2021 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported record net income of $34.2 million, or $4.06 per diluted ...

1 year ago - GlobeNewsWire

Northeast Bank Announces Dates for Fiscal 2021 Third Quarter Earnings Results and Conference Call

PORTLAND, Maine, April 16, 2021 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today it will release its fiscal 2021 third quarter earnings r...

1 year ago - GlobeNewsWire

Northeast Bank Ranked 18th Best-Performing U.S. Community Bank Under $3 Billion in Assets by S&P Global Market Intelligence

PORTLAND, Maine, March 29, 2021 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN) announced today that it was ranked the 18th best-performing U.S. community bank out of 4,287 eligible bank...

1 year ago - GlobeNewsWire

Northeast Bank Announces New Board Member Bill Mayer

PORTLAND, Maine, March 08, 2021 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN) announced today the Board of Directors has elected William Mayer to fill the vacancy on the Bank's Board o...

2 years ago - GlobeNewsWire

UPDATE -- Northeast Bank Announces Sale of Paycheck Protection Program Loans

PORTLAND, Maine, March 04, 2021 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, announced today that it has entered into a Loan Purchase and Sale Agreem...

2 years ago - GlobeNewsWire