$118.00
-2.7%Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking 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 mobile home and overdraft, and deposit-secured loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, cash management, and remote deposit capture services, as well as debit and credit card, ATM, electronic transfer, and check services. It operates a network of nine branches in Western, Central, and Southern Maine. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine.
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Outstanding operational efficiency. The company generates substantial profit from core operations.
Exceptional profitability. The company converts a significant portion of revenue to bottom-line earnings.
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.
NBN โข NASDAQ
| Northeast Bank Income Statement | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 | Jun 2019 | Jun 2018 | Jun 2017 | Jun 2016 | Jun 2015 | Jun 2014 | Jun 2013 | Jun 2012 | Jun 2011 | Jun 2010 | Jun 2009 | Jun 2008 | Jun 2007 | Jun 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
351M | 260.5M | 179.9M | 109.8M | 146.9M | 94.8M | 86M | 71.6M | 65.9M | 53.6M | 50.2M | 41.7M | 44.1M | 35.6M | 57.6M | 43.4M | 44.5M | 46.2M | 43.6M | 42.1M | |
GROSS PROFIT | ||||||||||||||||||||
(146.9M) | (111.1M) | (60.7M) | (2.7M) | (9.6M) | (23.2M) | (20.8M) | (14M) | (11.7M) | (9.5M) | (7.9M) | (7.2M) | (7.7M) | (7.3M) | (10.8M) | (15.4M) | (19.1M) | (21.9M) | (21.1M) | (18M) | |
204.1M | 149.4M | 119.2M | 107.1M | 137.2M | 71.6M | 65.2M | 57.6M | 54.2M | 44.2M | 42.3M | 34.5M | 36.4M | 28.3M | 46.8M | 28M | 25.5M | 24.3M | 22.5M | 24.1M | |
OPERATING INCOME | ||||||||||||||||||||
(78.4M) | (61.3M) | (54M) | (45.6M) | (36.2M) | (38.3M) | (45.6M) | (34.4M) | (34.1M) | (32.4M) | (31.1M) | (30.2M) | (30.2M) | (27.1M) | (31.7M) | (25.4M) | (24.5M) | (21.9M) | (20.1M) | (18.2M) | |
(48.4M) | (43.9M) | (37.9M) | (32.3M) | (23.3M) | (25.3M) | (24.2M) | (22.4M) | (22.4M) | (20.3M) | (19.6M) | (18.6M) | (18.5M) | (16.8M) | (17.4M) | (15.2M) | (13.7M) | (13M) | (12M) | (11.1M) | |
125.7M | 88.1M | 65.2M | 61.5M | 101.1M | 33.3M | 19.6M | 23.2M | 20.1M | 11.7M | 11.1M | 4.3M | 6.2M | 1.2M | 15.1M | 2.6M | 997.6K | 2.5M | 2.5M | 5.9M | |
PRE-TAX INCOME | ||||||||||||||||||||
(138.2M) | (109.3M) | (58.4M) | (5.1M) | (11M) | (18.7M) | (19.5M) | (12.6M) | (10.1M) | (7.9M) | (7.2M) | (6.7M) | (6.6M) | (6.3M) | (9.2M) | (13.5M) | (17M) | (21.1M) | (20.1M) | (16.8M) | |
187.4M | 148.6M | 118.8M | 83.4M | 67.1M | 65M | 62.3M | 53.3M | 47.8M | 39.4M | 37.4M | 31.7M | 29.9M | 20.7M | 18.4M | 17.6M | 16.6M | 14.3M | 15.6M | 18.7M | |
(30M) | (17.4M) | (16.2M) | (13.3M) | (12.9M) | (13M) | (21.4M) | (12M) | (11.7M) | (12.1M) | (11.6M) | (11.7M) | (11.7M) | (10.3M) | (14.4M) | (10.3M) | (10.7M) | (8.8M) | (8.1M) | (7.1M) | |
125.7M | 88.1M | 65.2M | 61.5M | 101.1M | 33.3M | 19.6M | 23.2M | 20.1M | 11.7M | 11.1M | 4.3M | 6.2M | 1.2M | 15.1M | 2.6M | 997.6K | 2.5M | 2.5M | 5.9M | |
NET INCOME | ||||||||||||||||||||
(42.3M) | (29.9M) | (21M) | (19.4M) | (29.6M) | (10.5M) | (5.7M) | (7M) | (7.8M) | (4.1M) | (4M) | (1.6M) | (1.9M) | (181K) | (708K) | (895.1K) | (38.7K) | (527.7K) | (579.2K) | (1.9M) | |
83.4M | 58.2M | 44.2M | 42.2M | 71.5M | 22.7M | 13.9M | 16.2M | 12.3M | 7.6M | 7.1M | 2.7M | 4.4M | 2.2M | 14.3M | 1.7M | 959K | 1.9M | 1.9M | 4M |
NBN - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2019 N/A | May 16, 2019 | May 15, 2019 | 2019 | |
8-K 8-K 2019 N/A | May 09, 2019 | May 09, 2019 | 2019 | |
10-Q 10-Q 2019 Q1 Q1 | May 08, 2019 | March 31, 2019 | 2019 | |
8-K 8-K 2019 N/A | April 29, 2019 | April 29, 2019 | 2019 | |
8-K 8-K 2019 N/A | March 11, 2019 | March 07, 2019 | 2019 | |
10-Q 10-Q 2018 Q4 Q4 | February 08, 2019 | December 31, 2018 | 2018 | |
8-K 8-K 2019 N/A | January 28, 2019 | January 28, 2019 | 2019 | |
8-K 8-K 2019 N/A | January 07, 2019 | January 07, 2019 | 2019 | |
8-K 8-K 2018 N/A | November 19, 2018 | November 16, 2018 | 2018 | |
10-Q 10-Q 2018 Q3 Q3 | November 09, 2018 | September 30, 2018 | 2018 |
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