Northeast Bank (NASDAQ:NBN - Get Free Report) is anticipated to announce its earnings results before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of $2.56 per share and revenue of $47.73 million for the quarter.
Northeast Bank (NASDAQ:NBN - Get Free Report) last issued its earnings results on Tuesday, October 29th. The financial services provider reported $2.11 earnings per share for the quarter, topping analysts' consensus estimates of $1.77 by $0.34. The business had revenue of $73.97 million during the quarter, compared to the consensus estimate of $38.20 million. During the same quarter in the previous year, the firm posted $2.01 earnings per share.
Northeast Bank Stock Performance
Shares of Northeast Bank stock traded down $0.28 on Friday, reaching $101.20. 39,387 shares of the company's stock were exchanged, compared to its average volume of 44,946. The firm's 50-day moving average is $97.11 and its two-hundred day moving average is $83.97. The company has a market capitalization of $830.85 million, a P/E ratio of 13.14 and a beta of 1.08. Northeast Bank has a 52 week low of $49.07 and a 52 week high of $105.44.
Wall Street Analyst Weigh In
Separately, Keefe, Bruyette & Woods started coverage on shares of Northeast Bank in a research note on Thursday, November 21st. They issued a "market perform" rating and a $102.00 price target for the company.
View Our Latest Research Report on NBN
About Northeast Bank
(
Get Free Report)
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.
See Also
Before you consider Northeast Bank, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Northeast Bank wasn't on the list.
While Northeast Bank currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
