Northeast Bank (NBN) is expected to report its earnings on Monday

Northeast Bank (NASDAQ:NBN – Get Free Report) will release its earnings data before the market opens on Monday, July 29th. Those interested in participating in the company’s earnings conference call can do so by following this link.

Northeast Bank (NASDAQ:NBN – Get Free Report) last released its quarterly earnings results on Tuesday, April 30. The financial services company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.72 by $0.11. The company had revenue of $66.03 million during the quarter, compared to the consensus estimate of $36.34 million. In the year-ago quarter, the company reported $1.69 EPS.

Northeast Bank trading up 0.6%

NBN opened at $72.80 on Friday. Northeast Bank has a 1-year low of $42.43 and a 1-year high of $73.79. The company’s 50-day simple moving average is $60.37 and its 200-day simple moving average is $55.85.

Northeast Bank announces dividend

The company also recently declared a quarterly dividend, which was paid on Monday, May 27th. Shareholders of record on Monday, May 13th were paid a dividend of $0.01 per share. The ex-dividend date for this dividend was Friday, May 10th. This represents an annualized dividend of $0.04 and a dividend yield of 0.05%. Northeast Bank’s payout ratio is 0.55%.

Company Profile of Northeast Bank

(Get free report)

Northeast Bank provides banking services to individual and business customers in Maine. The company’s deposit products include call deposits, NOW, money market, savings, certificates of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio includes residential mortgage loans; multifamily and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans consisting of mobile homes and overdrafts, and deposit-backed loans; and Small Business Administration loans.

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