Northeast Bank (NBN)
NASDAQ (NMS) NASDAQ (NMS) Primary 
XFRA 
Northeast Bank: High Performing Bank You Probably Never Heard Of
Northeast Bank, with a $750M market cap, delivers high teens ROE and trades at 1.9x book value, yet expects stronger results in 2025. The bank's growth is driven by book value accretion, efficient operations, and negligible credit losses, leading to high valuation multiples. Catalysts include ramped-up SBA lending, recent large Purchased Loans, and potential regulatory tailwinds, boosting EPS and valuation.
Northeast Bank (NBN) Q1 2025 Earnings Call Transcript
Northeast Bank (NASDAQ:NBN ) Q1 2025 Results Earnings Conference Call October 30, 2024 10:00 AM ET Company Participants Richard Wayne - President and Chief Executive Officer Patrick Dignan - Chief Operating Officer Richard Cohen - Chief Financial Officer Rebecca Rand - Senior Vice President, Director of Accounting Conference Call Participants Mark Fitzgibbon - Piper Sandler David Minkoff - DCM Asset Management Adam Wilkie - Pacific Ridge Capital Partners Operator Welcome to the Northeast Bank First Quarter FY 2025 Earnings Call. My name is Brie, and I will be your operator for today's call.
Northeast Bank: A Bit Pricey, But For A Reason
Northeast Bank is a small institution with high-quality assets and a focus on commercial loans, including smaller loans often overlooked by larger institutions. The bank has seen mixed performance in recent years, but net interest income has risen nicely due to a growth in loans on its books. Despite trading at a premium to book value, Northeast Bank's asset quality, balance sheet growth, and low uninsured deposit exposure makes it a decent prospect, warranting a soft 'buy' rating.
Northeast Bank (NBN) Q4 2024 Earnings Call Transcript
Northeast Bank (NASDAQ:NBN ) Q4 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Richard Wayne - President, CEO & Director Richard Cohen - CFO Patrick Dignan - COO & EVP Conference Call Participants David Minkoff - DCM Asset Management Operator Welcome to the Northeast Bank Fourth Quarter Fiscal Year 2024 Earnings Call. My name is Steven, and I will be your operator for today's call.
