Northeast Indiana Bancorp (OTCMKTS:NIDB) Issues Quarterly Earnings Results

Key Points

• Northeast Indiana Bancorp reported quarterly earnings of $0.68 per share.
• Shares were unchanged at $22.52; the company has a market cap of $53.37 million, a P/E of 8.53, a beta of 0.16, a 52‑week range of $16.95–$22.95, and 50/200‑day moving averages of $22.46/$21.30.
• The firm is the bank holding company for First Federal Savings Bank, providing deposit products, mortgages, auto and consumer loans, business lending, and other financial services.

Northeast Indiana Bancorp (OTCMKTS:NIDB - Get Free Report) issued its quarterly earnings results on Tuesday. The company reported $0.68 earnings per share for the quarter, Zacks reports.

Northeast Indiana Bancorp Stock Performance

NIDB remained flat at $22.52 on Tuesday. The company has a market cap of $53.37 million, a P/E ratio of 8.53 and a beta of 0.16. Northeast Indiana Bancorp has a 1 year low of $16.95 and a 1 year high of $22.95. The business's 50 day moving average price is $22.46 and its 200 day moving average price is $21.30.

About Northeast Indiana Bancorp

Northeast Indiana Bancorp, Inc operates as the bank holding company for First Federal Savings Bank that provides various banking and financial advisory services. The company offers checking accounts, savings accounts, retirement accounts, health savings accounts, and direct deposits, as well as certificates of deposit. It also provides mortgage, refinance, new construction, and home equity loans; auto, recreational vehicle, and unsecured loans; and revolving lines of credit, term loans, real estate loans, letter of credit, and small business administration loans, as well as debit and credit cards.

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