Northeast Bank (NBN)

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...

• Industry: Banks - Regional
• Sector: Financials
• Founded: 1872
• Employees: 165
• Stock Exchange: NASDAQ
• Ticker Symbol: NBN

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%.

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