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0 0 0.00550295379137325 0.00550295379137325 -0.00153759002994252 -0.00153759002994252 -0.00153759002994252 -0.00153759002994252
Stock impact report

Northeast Bank Reports Third Quarter Results and Declares Dividend

Northeast Bank (NBN) 
Last northeast bank earnings: 4/22 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.northeastbank.com
Company Research Source: GlobeNewswire
PORTLAND, Maine, April 27, 2026 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based bank, today reported net income of $29.9 million, or $3.53 per diluted common share, for the quarter ended March 31, 2026, compared to net income of $18.7 million, or $2.23 per diluted common share, for the quarter ended March 31, 2025. Net income for the nine months ended March 31, 2026 was $73.1 million, or $8.67 per diluted common share, compared to $58.2 million, or $7.07 per diluted common share, for the nine months ended March 31, 2025. The Board of Directors declared a cash dividend of $0.01 per share, payable on May 26, 2026, to shareholders of record as of May 12, 2026. "I am pleased to report another quarter of excellent earnings and record origination volume,” said Rick Wayne, Chief Executive Officer. “Net income of $29.9 million resulted in a return on average equity of 21.7% and a return on average assets of 2.4%. Quarterly loan volume totaled $344.7 million, Show less Read more
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