Northeast Bank (NASDAQ:NBN) Posts Earnings Results

Northeast Bank (NASDAQ:NBN) posted its earnings results on Monday. The financial services provider reported $1.91 earnings per share for the quarter, Yahoo Finance reports. The business had revenue of $68.66 million for the quarter. During the same quarter last year, the firm earned $1.61 EPS.

Northeast Bank Price Performance

NBN traded up $0.19 during trading hours on Tuesday, reaching $72.20. 1,783 shares of the stock traded hands, compared to its average volume of 27,592. The firm’s fifty day simple moving average is $60.67 and its two-hundred day simple moving average is $56.04. Northeast Bank has a fifty-two week low of $42.43 and a fifty-two week high of $73.79.

About Northeast Bank

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.