Northeast Bancorp operates as the bank holding company for Northeast Bank that provides banking products and services to individual and corporate customers in the United States. The company's deposit products include noninterest-bearing demand deposit, savings, NOW, and money market accounts, as well as certificate of deposit 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 automobile, boat, and recreational vehicle loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, and remote deposit capture services, as well as debit card, ATM, electronic transfer, and check services. As of July 30, 2018, it provided personal and business banking services through 10 branches in south-central and western Maine. The company was formerly known as Bethel Bancorp, Inc. and changed its name to Northeast Bancorp in 1996. Northeast Bancorp was founded in 1872 and is headquartered in Lewiston, Maine.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryN/A
SectorFinance
Phone207-786-3245
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$87.95 million
Profitability
Miscellaneous
Employees167
Next Earnings Date11/4/2019 (Estimated)
OptionableNot Optionable
Northeast Bancorp (NASDAQ:NBN) Frequently Asked Questions
What is Northeast Bancorp's stock symbol?
Northeast Bancorp trades on the NASDAQ under the ticker symbol "NBN."
How often does Northeast Bancorp pay dividends? What is the dividend yield for Northeast Bancorp?
Northeast Bancorp declared a quarterly dividend on Tuesday, July 30th. Shareholders of record on Friday, August 16th will be paid a dividend of $0.01 per share on Friday, August 30th. This represents a $0.04 dividend on an annualized basis and a yield of 0.18%. The ex-dividend date of this dividend is Thursday, August 15th. View Northeast Bancorp's Dividend History.
How were Northeast Bancorp's earnings last quarter?
Northeast Bancorp (NASDAQ:NBN) released its earnings results on Tuesday, July, 30th. The financial services provider reported $0.59 EPS for the quarter. The financial services provider had revenue of $18.44 million for the quarter. Northeast Bancorp had a net margin of 15.79% and a return on equity of 13.41%. View Northeast Bancorp's Earnings History.
When is Northeast Bancorp's next earnings date?
Has Northeast Bancorp been receiving favorable news coverage?
News coverage about NBN stock has been trending very negative this week, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Northeast Bancorp earned a daily sentiment score of -3.2 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Northeast Bancorp.
Are investors shorting Northeast Bancorp?
Northeast Bancorp saw a decline in short interest during the month of September. As of September 15th, there was short interest totalling 154,700 shares, a decline of 7.0% from the August 15th total of 166,400 shares. Based on an average daily volume of 21,100 shares, the short-interest ratio is currently 7.3 days. Approximately 1.9% of the shares of the stock are sold short. View Northeast Bancorp's Current Options Chain.
Who are some of Northeast Bancorp's key competitors?
Some companies that are related to Northeast Bancorp include Preferred Bank (PFBC), ConnectOne Bancorp (CNOB), Carolina Financial (CARO), TrustCo Bank Corp NY (TRST), Lakeland Bancorp (LBAI), Horizon Bancorp (HBNC), First National Bank Alaska (FBAK), Origin Bancorp (OBNK), Community Trust Bancorp (CTBI), Bryn Mawr Bank (BMTC), Univest Financial (UVSP), Allegiance Bancshares (ABTX), Live Oak Bancshares (LOB), Byline Bancorp (BY) and HomeStreet (HMST).
What other stocks do shareholders of Northeast Bancorp own?
Who are Northeast Bancorp's key executives?
Northeast Bancorp's management team includes the folowing people:
- Mr. Richard N. Wayne, Pres, CEO & Director (Age 67)
- Mr. Jean-Pierre L. Lapointe CPA, CFO & Treasurer (Age 37)
- Ms. Julie A. Jenkins, Sr. VP & Director of Operations (Age 56)
- Mr. Brian Pinheiro CPA, Chief Risk Officer (Age 37)
- Mr. Patrick Dignan, Exec. VP (Age 56)
Who are Northeast Bancorp's major shareholders?
Northeast Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Welch & Forbes LLC (0.15%). Company insiders that own Northeast Bancorp stock include David Allen Tanner, Jean-Pierre Lapointe, Julie Jenkins and Richard Wayne. View Institutional Ownership Trends for Northeast Bancorp.
Which institutional investors are buying Northeast Bancorp stock?
NBN stock was bought by a variety of institutional investors in the last quarter, including Welch & Forbes LLC. Company insiders that have bought Northeast Bancorp stock in the last two years include David Allen Tanner, Jean-Pierre Lapointe and Richard Wayne. View Insider Buying and Selling for Northeast Bancorp.
How do I buy shares of Northeast Bancorp?
Shares of NBN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Northeast Bancorp's stock price today?
One share of NBN stock can currently be purchased for approximately $21.85.
How big of a company is Northeast Bancorp?
What is Northeast Bancorp's official website?
How can I contact Northeast Bancorp?
Northeast Bancorp's mailing address is 500 Canal Street, Lewiston ME, 04240. The financial services provider can be reached via phone at 207-786-3245 or via email at [email protected]
MarketBeat Community Rating for Northeast Bancorp (NASDAQ NBN)
MarketBeat's community ratings are surveys of what our community members think about Northeast Bancorp and other stocks. Vote "Outperform" if you believe NBN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NBN will underperform the S&P 500 over the long term. You may vote once every thirty days.
