StreetInsider.com News Articles

Northeast Bank Reports Second Quarter Results and Declares Dividend

Mon, 26 Jan 2026 18:33:00 -0500

PORTLAND, Maine, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based bank, today reported net income of $20.7 million, or $2.47 per diluted common share, for the quarter ended December 31, 2025, compared to net income of $22.4 million, or $2.74 per diluted common share, for the quarter ended December 31, 2024. Net income for the six months ended December 31, 2025 was $43.3 million, or $5.14 per diluted common share, compared to $39.5 million, or $4.85 per diluted common share, for the six months ended December 31, 2024.

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Northeast Bank Reports Second Quarter Results and Declares Dividend

Mon, 26 Jan 2026 18:33:00 -0500

The

Northeast Bank Reports Second Quarter Results and Declares Dividend

Mon, 26 Jan 2026 18:33:00 -0500

The

Northeast Bank Reports Second Quarter Results and Declares Dividend

Mon, 26 Jan 2026 18:33:00 -0500

The

Northeast Bank Reports Second Quarter Results and Declares Dividend

Mon, 26 Jan 2026 18:33:00 -0500

The

Northeast Bank Reports Second Quarter Results and Declares Dividend

Mon, 26 Jan 2026 18:33:00 -0500

The

Northeast Bank Reports Second Quarter Results and Declares Dividend

Mon, 26 Jan 2026 18:33:00 -0500

The

Northeast Bank Reports Second Quarter Results and Declares Dividend

Mon, 26 Jan 2026 18:33:00 -0500

The

Northeast Bank Announces Dates for Fiscal 2026 Second Quarter Earnings Results and Conference Call

Thu, 22 Jan 2026 12:00:00 -0500

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.

To access the conference call by phone, please go to this link (

Northeast Bank Announces Dates for Fiscal 2026 Second Quarter Earnings Results and Conference Call

Thu, 22 Jan 2026 12:00:00 -0500

To access the conference call by phone, please go to this link (

Northeast Bank Announces Dates for Fiscal 2026 Second Quarter Earnings Results and Conference Call

Thu, 22 Jan 2026 12:00:00 -0500

To access the conference call by phone, please go to this link (

Northeast Bank Announces Dates for Fiscal 2026 Second Quarter Earnings Results and Conference Call

Thu, 22 Jan 2026 12:00:00 -0500

To access the conference call by phone, please go to this link (

Northeast Bank (NBN) PT Raised to $133 at Piper Sandler

Thu, 18 Dec 2025 07:40:28 -0500

Piper Sandler analyst Mark Fitzgibbon raised the price target on Northeast Bank (NASDAQ: NBN) to $133.00 (from $112.00) while maintaining an Overweight rating.

The analyst commented: "Tonight, Northeast Bank announced that it had purchased ~$525 million in commercial real estate loans (across multiple transactions). These purchases are expected to close by quarter-end and will not have much impact on 4Q25 earnings. However, this represents a meaningful purchase for the company by increasing loan balances by ~13%. We had an opportunity to speak with management tonight to discuss some high-level details of the transaction, which we outline below. We believe this is

Northeast Bank (NBN) PT Raised to $133 at Piper Sandler

Thu, 18 Dec 2025 07:40:28 -0500

Piper Sandler analyst Mark Fitzgibbon raised the price target on Northeast Bank (NASDAQ: NBN) to $133.00 (from $112.00) while maintaining an Overweight rating.

Northeast Bank purchases $525 million in commercial real estate loans

Wed, 17 Dec 2025 17:07:38 -0500

Northeast Bank (NASDAQ: NBN) announced it has purchased or agreed to purchase commercial real estate loans totaling approximately $525 million in unpaid principal balance since September 30, 2025.

The Portland, Maine-based bank stated the purchases will primarily close late in the quarter, anticipating minimal impact on earnings for the second fiscal quarter of 2026.

"This quarter's loan purchases rank as our third-highest volume since we started purchasing loans," said Rick Wayne, Chief Executive Officer. "This is a testament to our ability to capitalize on opportunities of all sizes in this robust secondary loan market."

Northeast Bank operates seven branches serving the Maine market

Northeast Bank Announces Significant Loan Purchase Volume

Wed, 17 Dec 2025 17:05:00 -0500

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.