Keefe, Bruyette & Woods Comments on NBN Q4 Earnings

Northeast Bancorp (NASDAQ:NBN) – Analysts at Keefe, Bruyette & Woods issued their Q4 2026 earnings estimates for shares of Northeast Bancorp in a note issued to investors on Wednesday, July 22nd. Keefe, Bruyette & Woods analyst D. Delmonte expects that the financial services provider will earn $3.43 per share for the quarter. Keefe, Bruyette & Woods has a “Market Perform” rating and a $128.00 price objective on the stock.

Northeast Bancorp (NASDAQ:NBN) last released its quarterly earnings results on Monday, April 27th. The financial services provider reported $3.53 earnings per share for the quarter, beating analysts’ consensus estimates of $3.00 by $0.53. The company had revenue of $66.62 million for the quarter, compared to analysts’ expectations of $61.49 million. Northeast Bancorp had a return on equity of 18.63% and a net margin of 25.96%.

NBN has been the subject of a number of other reports. Wall Street Zen downgraded Northeast Bancorp from a “buy” rating to a “hold” rating in a research report on Sunday, May 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Northeast Bancorp in a research note on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Northeast Bancorp currently has a consensus rating of “Moderate Buy” and an average price target of $130.50.

Northeast Bancorp Price Performance

Shares of NASDAQ NBN opened at $128.61 on Thursday. Northeast Bancorp has a fifty-two week low of $80.75 and a fifty-two week high of $142.31. The stock has a market cap of $1.06 billion, a P/E ratio of 11.02 and a beta of 0.58. The firm’s 50-day simple moving average is $127.16 and its 200 day simple moving average is $119.96. The company has a quick ratio of 1.10, a current ratio of 1.13 and a debt-to-equity ratio of 0.03.

Institutional Investors Weigh In On Northeast Bancorp

Several hedge funds have recently made changes to their positions in NBN. GAMMA Investing LLC boosted its position in shares of Northeast Bancorp by 105.6% in the second quarter. GAMMA Investing LLC now owns 185 shares of the financial services provider’s stock worth $25,000 after buying an additional 95 shares during the period. OP Asset Management Ltd bought a new position in shares of Northeast Bancorp during the 1st quarter valued at $33,000. Caitong International Asset Management Co. Ltd increased its position in Northeast Bancorp by 36,700.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 368 shares of the financial services provider’s stock worth $38,000 after buying an additional 367 shares during the last quarter. Clearstead Advisors LLC raised its holdings in Northeast Bancorp by 194.0% during the fourth quarter. Clearstead Advisors LLC now owns 741 shares of the financial services provider’s stock valued at $77,000 after buying an additional 489 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its position in shares of Northeast Bancorp by 1,071.4% in the fourth quarter. Quadrant Capital Group LLC now owns 820 shares of the financial services provider’s stock worth $85,000 after buying an additional 750 shares during the last quarter.

Northeast Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 12th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. Northeast Bancorp’s payout ratio is 0.34%.

Northeast Bancorp Company Profile

Northeast Bancorp is a Maine-based bank holding company and the parent of Northeast Bank, a state‐chartered commercial bank headquartered in Lewiston, Maine. Through its subsidiary, the company provides a variety of financial services, including personal checking and savings accounts, residential mortgage lending, small business and commercial loans, treasury management and private banking services. The bank operates a branch network spanning central and southern Maine, serving individuals, families and local businesses across the region.

Founded in 1872 as Androscoggin County Savings Bank, the institution has evolved through mutual and stock conversions, adopting the Northeast Bank name in 2001 and forming Northeast Bancorp as its mutual holding company in 2013.