Northeast Bank

NBN

Market cap $1.04B

Northeast Bank remains a soft "Buy" as robust asset quality and earnings growth persist, despite prior outperformance versus the S&P 500. NBN's net interest margin expanded from 4.62% to 5.15% year-over-year, driven by higher loan yields and lower funding costs amid rate cuts. Loan growth and increased leverage have fueled profitability, with return on assets at 2.43% and return on equity at 21.67%, both well above peer averages.

Northeast Bank (NBN) Q3 2026 Earnings Call Transcript

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.

PORTLAND, Maine, April 21, 2026 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based bank, announced today it will release its fiscal 2026 third quarter earnings results on Monday, April 27, 2026. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Tuesday, April 28, 2026. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, Santino Delmolino, Chief Financial Officer, and Pat Dignan, Chief Operating Officer and Chief Credit Officer.

PMC FIG Opportunities initiated a 32,745-share stake in Northeast Bank during the fourth quarter. The quarter-end position value increased by $3.40 million, reflecting both the new purchase and price movement during the period.

Northeast Bank (NBN) Q2 2026 Earnings Call Transcript

Northeast Bank remains a soft ‘buy' as strong asset quality and earnings growth offset a less attractive valuation. NBN's net interest income and profitability grew despite a modest balance sheet contraction, driven by robust year-over-year asset expansion. Return on assets (2.13%) and return on equity (17.64%) significantly outpace peers, justifying premium price-to-book multiples.

PORTLAND, Maine, Jan. 22, 2026 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based bank, announced today it will release its fiscal 2026 second quarter earnings results on Monday, January 26, 2026. Following the release, the Bank will host a conference call with a simultaneous webcast at 11:00 a.m. ET on Tuesday, January 27, 2026. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, Santino Delmolino, Chief Financial Officer, and Pat Dignan, Chief Operating Officer.

PORTLAND, Maine, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN) announced today that since September 30, 2025, the Bank has purchased or entered into agreements to purchase commercial real estate loans in the aggregate amount of unpaid principal balance of approximately $525 million. Because the purchases will primarily close late in the quarter, the Bank anticipates there will be minimal impact on earnings for the second fiscal quarter of 2026.

Northeast Bank ( NBN ) Q1 2026 Earnings Call October 29, 2025 10:00 AM EDT Company Participants Richard Wayne - President, CEO & Director Patrick Dignan - Executive VP & COO Santino Delmolino - Corporate Controller Richard Cohen - Chief Financial Officer Conference Call Participants Mark Fitzgibbon - Piper Sandler & Co., Research Division Damon Del Monte - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Operator Welcome to the Northeast Bank First Quarter Fiscal Year 2026 Earnings Call. My name is James, and I will be your operator for today's call.