Northeast Bank (NBN)
| Market Cap | 395.20M |
| Revenue (ttm) | 142.81M |
| Net Income (ttm) | 53.83M |
| Shares Out | 7.80M |
| EPS (ttm) | 7.16 |
| PE Ratio | 7.07 |
| Forward PE | 7.11 |
| Dividend | $0.04 (0.08%) |
| Ex-Dividend Date | Feb 9, 2024 |
| Volume | 14,317 |
| Open | 50.65 |
| Previous Close | 50.80 |
| Day's Range | 50.32 - 51.37 |
| 52-Week Range | 34.20 - 59.00 |
| Beta | 1.15 |
| Analysts | Buy |
| Price Target | 54.00 (+6.08%) |
| Earnings Date | Apr 30, 2024 |
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]
Financial Performance
In 2023, Northeast Bank's revenue was $121.54 million, an increase of 16.12% compared to the previous year's $104.67 million. Earnings were $44.19 million, an increase of 4.80%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for NBN stock is "Buy" and the 12-month stock price forecast is $54.0.
News
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 Reports First Quarter Results and Declares Dividend
PORTLAND, Maine, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $15.2 million, or $2.01 per diluted common s...
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 Reports Fourth Quarter Results and Declares Dividend
PORTLAND, Maine, July 24, 2023 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $12.1 million, or $1.61 per diluted common s...
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...
Northeast Bank Reports Third Quarter Results and Declares Dividend
PORTLAND, Maine, April 24, 2023 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $12.5 million, or $1.69 per diluted common ...
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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...
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...
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 ...