Northeast Bank reports results for the quarter ended December 31 - Earnings Summary

Northeast Bank

07/02/2025 24:57

* Northeast Bank  NBN.OQ  reported quarterly adjusted
earnings of
$2.74​​ per share for the quarter ended December 31, higher than
the same quarter last year, when the company reported EPS of
$1.85.  The mean expectation of two analysts for the quarter was
for earnings of $2.57 per share. Wall Street expected results to
range from $2.56  to $2.58 per share.
    * Revenue rose 41.5% to $54.44 million from a year ago;
analysts
expected $49.67 million. 
    * Northeast Bank's reported EPS for the quarter was $2.74​.
    * The company reported quarterly net income of $22.44
million.
    * Northeast Bank shares had risen by 12.4% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 0.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
 "hold."

Wall Street's median 12-month price target for Northeast Bank is
$104.50 
This summary was machine generated from LSEG data February 7 at
12:57 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      2.57           2.74           Beat
 Sep. 30 2024      1.77           2.11           Beat
                                  1.91           
 Mar. 31 2024      1.72           1.83           Beat