Summary
69.84 0.31(0.45%)09/16/2024
Northeast Bank (NBN)
Northeast Bank (NBN)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 0.45 | 3.96 | 7.72 | 23.73 | 37.42 | 54.34 | 207.52 | 2,473.29 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 69.84 | |
| Open | 69.40 | |
| High | 69.84 | |
| Low | 69.40 | |
| Volume | 2,284 | |
| Change | 0.31 | |
| Change % | 0.45 | |
| Avg Volume (20 Days) | 15,398 | |
| Volume/Avg Volume (20 Days) Ratio | 0.15 | |
| 52 Week Range | 42.48 - 74.85 | |
| Price vs 52 Week High | -6.69% | |
| Price vs 52 Week Low | 64.41% | |
| Range | 1.94 | |
| Gap Up/Down | 0.46 | |
Fundamentals | ||
| Market Capitalization (Mln) | 555 | |
| EBIDTA | 0 | |
| PE Ratio | 4.0120 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 40.00 | |
| Book Value | 29.3060 | |
| Earnings Per Share | 8.8210 | |
| EPS Estimate Current Quarter | 1.2500 | |
| EPS Estimate Next Quarter | 1.2000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 4.1200 | |
| Diluted EPS (TTM) | 8.8210 | |
| Revenues | ||
| Profit Marging | 0.5009 | |
| Operating Marging (TTM) | 0.7100 | |
| Return on asset (TTM) | 0.0558 | |
| Return on equity (TTM) | 0.3572 | |
| Revenue TTM | 146,907,008 | |
| Revenue per share TTM | 17.7870 | |
| Quarterly Revenue Growth (YOY) | 0.3040 | |
| Quarterly Earnings Growth (YOY) | 0.2770 | |
| Gross Profit (TTM) | 140,515,000 | |
| Dividends | ||
| Dividend Share | 0.0400 | |
| Dividend Yield | 0.0011 | |
| Valuations | ||
| Trailing PE | 4.0120 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.1837 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 8,165,420 | |
| Shares Float | 6,022,192 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 56.98 | |
08/13 17:14 EST - seekingalpha.com
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 recent years, but net interest income has risen nicely due to a growth in loans on its books. Despite trading at a premium to book value, Northeast Bank's asset quality, balance sheet growth, and low uninsured deposit exposure makes it a decent prospect, warranting a soft 'buy' rating.
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 recent years, but net interest income has risen nicely due to a growth in loans on its books. Despite trading at a premium to book value, Northeast Bank's asset quality, balance sheet growth, and low uninsured deposit exposure makes it a decent prospect, warranting a soft 'buy' rating.
08/02 17:58 EST - seekingalpha.com
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 Conference Call Participants David Minkoff - DCM Asset Management Operator Welcome to the Northeast Bank Fourth Quarter Fiscal Year 2024 Earnings Call. My name is Steven, and I will be your operator for today's call.
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 Conference Call Participants David Minkoff - DCM Asset Management Operator Welcome to the Northeast Bank Fourth Quarter Fiscal Year 2024 Earnings Call. My name is Steven, and I will be your operator for today's call.
07/29 16:30 EST - globenewswire.com
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 share, for the quarter ended June 30, 2024, compared to net income of $12.1 million, or $1.61 per diluted common share, for the quarter ended June 30, 2023. Net income for the year ended June 30, 2024 was $58.2 million, or $7.58 per diluted common share, compared to $44.2 million, or $5.96 per diluted common share, for the year ended June 30, 2023.
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 share, for the quarter ended June 30, 2024, compared to net income of $12.1 million, or $1.61 per diluted common share, for the quarter ended June 30, 2023. Net income for the year ended June 30, 2024 was $58.2 million, or $7.58 per diluted common share, compared to $44.2 million, or $5.96 per diluted common share, for the year ended June 30, 2023.
07/24 13:20 EST - globenewswire.com
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 results on Monday, July 29, 2024. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Thursday, August 1, 2024. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, Richard Cohen, Chief Financial Officer, and Pat Dignan, Chief Operating Officer.
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 results on Monday, July 29, 2024. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Thursday, August 1, 2024. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, Richard Cohen, Chief Financial Officer, and Pat Dignan, Chief Operating Officer.
04/30 16:16 EST - globenewswire.com
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 share, for the quarter ended March 31, 2024, compared to net income of $12.5 million, or $1.69 per diluted common share, for the quarter ended March 31, 2023. Net income for the nine months ended March 31, 2024 was $43.1 million, or $5.67 per diluted common share, compared to $32.1 million, or $4.35 per diluted common share, for the nine months ended March 31, 2023.
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 share, for the quarter ended March 31, 2024, compared to net income of $12.5 million, or $1.69 per diluted common share, for the quarter ended March 31, 2023. Net income for the nine months ended March 31, 2024 was $43.1 million, or $5.67 per diluted common share, compared to $32.1 million, or $4.35 per diluted common share, for the nine months ended March 31, 2023.
04/25 12:00 EST - globenewswire.com
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 results on Tuesday, April 30, 2024. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Wednesday, May 1, 2024. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, Richard Cohen, Chief Financial Officer, and Pat Dignan, Chief Operating Officer.
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 results on Tuesday, April 30, 2024. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Wednesday, May 1, 2024. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, Richard Cohen, Chief Financial Officer, and Pat Dignan, Chief Operating Officer.
01/31 12:22 EST - seekingalpha.com
Northeast Bank (NBN) Q2 2024 Earnings Call Transcript
Northeast Bank (NBN) Q2 2024 Earnings Call Transcript
Northeast Bank (NBN) Q2 2024 Earnings Call Transcript
Northeast Bank (NBN) Q2 2024 Earnings Call Transcript
01/30 16:16 EST - globenewswire.com
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 share, for the quarter ended December 31, 2023, compared to net income of $11.3 million, or $1.54 per diluted common share, for the quarter ended December 31, 2022. Net income for the six months ended December 31, 2023 was $29.2 million, or $3.86 per diluted common share, compared to $19.6 million, or $2.65 per diluted common share, for the six months ended December 31, 2022. Results for the quarter and six months ended December 31, 2023 were negatively impacted by a deferred tax asset write-down of $957 thousand ($0.13 per diluted common share impact) due to a change in Massachusetts tax law regarding income tax apportionment.
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 share, for the quarter ended December 31, 2023, compared to net income of $11.3 million, or $1.54 per diluted common share, for the quarter ended December 31, 2022. Net income for the six months ended December 31, 2023 was $29.2 million, or $3.86 per diluted common share, compared to $19.6 million, or $2.65 per diluted common share, for the six months ended December 31, 2022. Results for the quarter and six months ended December 31, 2023 were negatively impacted by a deferred tax asset write-down of $957 thousand ($0.13 per diluted common share impact) due to a change in Massachusetts tax law regarding income tax apportionment.
01/25 12:00 EST - globenewswire.com
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 results on Tuesday, January 30, 2024. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Wednesday, January 31, 2024. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, JP Lapointe, Chief Financial Officer, and Pat Dignan, Chief Operating Officer.
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 results on Tuesday, January 30, 2024. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Wednesday, January 31, 2024. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, JP Lapointe, Chief Financial Officer, and Pat Dignan, Chief Operating Officer.
01/24 17:08 EST - globenewswire.com
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, effective February 1, 2024. Mr. Cohen will succeed Chief Financial Officer Jean-Pierre Lapointe upon his departure from the Bank.
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, effective February 1, 2024. Mr. Cohen will succeed Chief Financial Officer Jean-Pierre Lapointe upon his departure from the Bank.
12/07 09:04 EST - investorplace.com
Safe Deposits: 3 Financial Stocks to Secure Your Portfolio
I wouldn't blame you for thinking the financial sector is on shaky ground. With significant uncertainties hiding around the corner, it isn't easy to pinpoint where the market is headed.
Safe Deposits: 3 Financial Stocks to Secure Your Portfolio
I wouldn't blame you for thinking the financial sector is on shaky ground. With significant uncertainties hiding around the corner, it isn't easy to pinpoint where the market is headed.
12/01 10:15 EST - seekingalpha.com
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 competitive advantage in the commoditized banking industry. The success of other companies in commoditized sectors, such as Berkshire Hathaway's insurance business, shows that small tweaks to an established model can lead to phenomenal success.
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 competitive advantage in the commoditized banking industry. The success of other companies in commoditized sectors, such as Berkshire Hathaway's insurance business, shows that small tweaks to an established model can lead to phenomenal success.
10/24 12:36 EST - seekingalpha.com
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 Pat Dignan - Executive Vice President and Chief Operating Officer Conference Call Participants Alex Twerdahl - Piper Sandler Operator Welcome to the Northeast Bank First Quarter Fiscal Year 2024 Earnings Call. My name is Victor, and I will be your operator for today's call.
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 Pat Dignan - Executive Vice President and Chief Operating Officer Conference Call Participants Alex Twerdahl - Piper Sandler Operator Welcome to the Northeast Bank First Quarter Fiscal Year 2024 Earnings Call. My name is Victor, and I will be your operator for today's call.
10/23 16:16 EST - globenewswire.com
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 share, for the quarter ended September 30, 2023, compared to net income of $8.3 million, or $1.12 per diluted common share, for the quarter ended September 30, 2022.
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 share, for the quarter ended September 30, 2023, compared to net income of $8.3 million, or $1.12 per diluted common share, for the quarter ended September 30, 2022.
10/18 14:04 EST - globenewswire.com
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 results on Monday, October 23, 2023. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Tuesday, October 24, 2023. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, JP Lapointe, Chief Financial Officer, and Pat Dignan, Chief Operating 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 results on Monday, October 23, 2023. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Tuesday, October 24, 2023. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, JP Lapointe, Chief Financial Officer, and Pat Dignan, Chief Operating Officer.
10/11 07:49 EST - seekingalpha.com
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 will be a significant driver of shareholder value. The upside is strong here as the historical growth numbers shows how well NBN has done over the years.
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 will be a significant driver of shareholder value. The upside is strong here as the historical growth numbers shows how well NBN has done over the years.
07/25 14:46 EST - seekingalpha.com
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 Lapointe - SVP & CFO Conference Call Participants Alexander Twerdahl - Piper Sandler Operator Good day, and thank you for standing by. Welcome to the Northeast Bank Fourth Quarter Fiscal Year 2023 Earnings Call.
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 Lapointe - SVP & CFO Conference Call Participants Alexander Twerdahl - Piper Sandler Operator Good day, and thank you for standing by. Welcome to the Northeast Bank Fourth Quarter Fiscal Year 2023 Earnings Call.
07/19 12:00 EST - globenewswire.com
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 results on Monday, July 24, 2023. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Tuesday, July 25, 2023. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, JP Lapointe, Chief Financial Officer, and Pat Dignan, Executive Vice President and Chief Operating Officer.
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 results on Monday, July 24, 2023. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Tuesday, July 25, 2023. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, JP Lapointe, Chief Financial Officer, and Pat Dignan, Executive Vice President and Chief Operating Officer.
06/15 00:32 EST - seekingalpha.com
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 the past decade. However, NBN's recent loan purchases suggest the best is yet to come. NBN has identifiable advantages in its core business of buying loans at a discount in the secondary market. NBN's accordion-like balance sheet allows it to deploy capital opportunistically when needed.
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 the past decade. However, NBN's recent loan purchases suggest the best is yet to come. NBN has identifiable advantages in its core business of buying loans at a discount in the secondary market. NBN's accordion-like balance sheet allows it to deploy capital opportunistically when needed.