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Northeast Bank - NBN STOCK NEWS

Welcome to our dedicated news page for Northeast Bank (Ticker: NBN), a resource for investors and traders seeking the latest updates and insights on Northeast Bank.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Northeast Bank's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Northeast Bank's position in the market.

News
Northeast Bank Announces Dates for Fiscal 2024 Third Quarter Earnings Results and Conference Call
Rhea-AI Summary
Northeast Bank (NASDAQ: NBN) will release its fiscal 2024 third quarter earnings on April 30, 2024, followed by a conference call on May 1, 2024. The call will feature Rick Wayne, President and CEO, Richard Cohen, CFO, and Pat Dignan, COO.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
Tags
earnings
-
News
Northeast Bank Reports Second Quarter Results and Declares Dividend
Rhea-AI Summary
Northeast Bank reported a net income of $14.1 million for the quarter ended December 31, 2023, with a diluted common share of $1.85. The Board of Directors declared a cash dividend of $0.01 per share. Total assets increased by 3.5% to $2.97 billion. National Lending Division volume totaled $249.6 million, with a return on average equity of 17.4% and a return on average assets of 1.9%. Deposits increased by $192.5 million, and shareholders' equity increased by $30.9 million. The provision for credit losses increased by $111 thousand to a provision of $436 thousand. Nonperforming assets and past due loans increased compared to June 30, 2023. Capital ratios improved, with the Tier 1 leverage capital ratio at 11.3% and the Total risk-based capital ratio at 13.7%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.24%
Tags
dividends earnings
-
News
Northeast Bank Announces Dates for Fiscal 2024 Second Quarter Earnings Results and Conference Call
Rhea-AI Summary
Northeast Bank (NBN) will release its fiscal 2024 second quarter earnings results on January 30, 2024, followed by a conference call and webcast on January 31, 2024, hosted by the President, CEO, CFO, and COO. The call will be available via phone and live webcast, with a slide presentation. A replay will be available online for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
Tags
earnings
News
Northeast Bank Announces Appointment of Chief Financial Officer
Rhea-AI Summary
Northeast Bank (NASDAQ: NBN) has announced the hiring of Richard Cohen as Chief Financial Officer, effective February 1, 2024. Mr. Cohen brings extensive experience in the financial services industry, having previously worked at Grey Matter Thinking and KPMG. His appointment is expected to bring valuable expertise to the Bank.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.72%
Tags
management
-
News
Northeast Bank Reports First Quarter Results and Declares Dividend
Rhea-AI Summary
Northeast Bank reports net income of $15.2 million for Q3 2023, compared to $8.3 million in Q3 2022. Cash dividend of $0.01 per share declared. National Lending Division volume reaches $120.4 million. Asset quality remains strong with non-performing assets at 0.61% of total assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.1%
Tags
dividends earnings
-
News
Northeast Bank Announces Dates for Fiscal 2024 First Quarter Earnings Results and Conference Call
Rhea-AI Summary
Northeast Bank to release fiscal 2024 first quarter earnings results
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
Tags
earnings
News
Northeast Bank Reports Fourth Quarter Results and Declares Dividend
Rhea-AI Summary
Northeast Bank reports net income of $12.1 million for Q2 2023, compared to $10.3 million in Q2 2022. Total assets increase by 81.3% to $2.87 billion. National Lending Division interest income increases by $29.8 million. Non-performing assets decrease to 0.55% of total assets.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
dividends earnings
-
News
Northeast Bank Announces Dates for Fiscal 2023 Fourth Quarter Earnings Results and Conference Call
Rhea-AI Summary
Northeast Bank, a Maine-based full-service bank, will release its fiscal 2023 fourth quarter earnings results on Monday, July 24, 2023. The bank will host a conference call with a simultaneous webcast on Tuesday, July 25, 2023, featuring the bank's President, CFO, and EVP. The conference call can be accessed via phone or live webcast on the bank's website. A replay will be available online for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.77%
Tags
earnings
-
News
Northeast Bank Reports Third Quarter Results and Declares Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.38%
Tags
dividends earnings
News
Northeast Bank Announces Dates for Fiscal 2023 Third Quarter Earnings Results and Conference Call
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.23%
Tags
earnings
Stock NBN logo
Northeast Bank

Nasdaq:NBN

NBN Rankings

#3138 Ranked by Market Cap
#1143 Ranked by Stock Gains
#2096 Ranked by Dividends

NBN Stock Data

403.37M
6.25M
0.15%
62.5%
0.97%
Commercial Banking
Finance and Insurance
Link
US
Lewiston