Northeast Bancorp (NASDAQ: NBN) — Company Overview, News & Financial Data
Northeast Bancorp is a community bank focused on personal and business banking solutions in the Northeast U.S.
Northeast Bancorp
Northeast Bancorp (NASDAQ:NBN) is a community bank and financial services provider based in the Northeast region of the United States, serving both retail and commercial customers. With a focus on personal banking, business banking, lending solutions, and wealth management, Northeast strives to cater to the diverse needs of its clients through a combination of innovative banking technology and traditional customer service values. The company is committed to community involvement and financial literacy initiatives, aiming to contribute positively to the economic well-being of the areas it serves. Through strategic growth and a customer-centered approach, Northeast aims to expand its market presence while maintaining its reputation for reliability and accessibility in the banking sector.
Snapshot
Operations
Products and/or services of Northeast Bancorp
- Commercial lending services, including small business, commercial real estate, and construction loans.
- Retail banking, offering personal checking, savings accounts, and mortgage loans.
- Online and mobile banking platforms for personal and business accounts.
- Cash management services for businesses, including remote deposit capture and ACH payments.
- SBA lending, specializing in Small Business Administration loans.
- Loan syndications, partnering with other financial institutions to provide larger financing solutions.
Northeast Bancorp executive team
- Richard N. WaynePresident, CEO & Director
- Rebecca RandSenior VP & Director of Accounting
- Christopher CooperGeneral Counsel
- Heidi JacquesSenior VP & Director of Human Resources
- Brian FenwickManaging Director of Loan Underwriting
- Theresa MorrisonManaging Director of Real Estate
- Christopher P. HickeyManaging Director of Asset Management
- Chris DelamaterSenior VP & Director of Customer Experience
- Sarah ShompheSenior VP, Director of Owned Real Estate & Underwriting Manager
- Jerry MurphySenior Vice President of Loan Underwriting
Latest news about Northeast Bancorp
Dividend history
Dividends per share paid by Northeast Bancorp, by financial year.
| Financial year | Interim | Final | Special | Total |
|---|---|---|---|---|
| FY2027(to date) | — | — | — | $0.0200 |
| FY2026 | — | — | — | $0.0400 |
| FY2025 | — | — | — | $0.0400 |
| FY2024 | — | — | — | $0.0400 |
| FY2023 | — | — | — | $0.0400 |
Key financials
Reported results for Northeast Bancorp, in USD.
- Market cap
- 1.1B
- Revenue (TTM)
- 247.1M
- P/E ratio
- 10.2
- EPS (diluted, TTM)
- 12.5
- Dividend yield
- 0.0%
- Profit margin
- 46.1%
| Fiscal year end | Revenue | Operating income | Net income |
|---|---|---|---|
| 385.1M | 147.2M | 107.5M | |
| 351M | 125.7M | 83.4M | |
| 260.5M | 88.1M | 58.2M | |
| 179.9M | 65.2M | 44.2M |