David Tanner - Northeast Bancorp Independent Director

NBN Stock  USD 50.82  0.54  1.07%   

Director

Mr. David Allen Tanner is Independent Director of the Company, December 29, 2010. He is also the Managing Director of Three Mile Capital LLC, a private investment company. Until June 30, 2017, Mr. Tanner was the Managing Director of Arlon Group LLC, the investment group affiliated with Continental Grain Company, and served as Executive Vice President and a member of the Management Committee of Continental Grain Company since 2006. Previously, Mr. Tanner served as a Founder and Managing Principal of Quadrangle Group, LLC from 2000 to 2006 Managing Director at Lazard Freres Co. and Managing Principal at Lazard Capital Partners from 1998 to 2000 and Managing Director at Warburg Pincus LLC, with which he was associated from 19861997. Mr. Tanner serves on the Boards of Directors of Wholesome Sweeteners, Inc., The Coastal Companies, and CiCis Holdings, Inc. Mr. Tanner is also the Chairman of the Board of Trustees of Montefiore Medicine Academic Health System, Trustee of the New York University School of Law, Director of Lawyers for Children and member of the Council on Foreign Relations since 2010.
Age 57
Tenure 14 years
Address 27 Pearl Street, Portland, ME, United States, 04101
Phone207 786 3245
Webhttps://www.northeastbank.com
Tanner received his Bachelor of Arts degree with honors in History from Princeton University, his Diploma of Economics from the London School of Economics, and his Juris Doctor from the New York University School of Law.

Northeast Bancorp Management Efficiency

The company has Return on Asset of 0.0186 % which means that on every $100 spent on assets, it made $0.0186 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1822 %, implying that it generated $0.1822 on every 100 dollars invested. Northeast Bancorp's management efficiency ratios could be used to measure how well Northeast Bancorp manages its routine affairs as well as how well it operates its assets and liabilities. As of the 19th of April 2024, Return On Tangible Assets is likely to drop to 0.01. In addition to that, Return On Capital Employed is likely to drop to 0.03. At this time, Northeast Bancorp's Fixed Asset Turnover is very stable compared to the past year. As of the 19th of April 2024, Asset Turnover is likely to grow to 0.04, though Non Currrent Assets Other are likely to grow to (18.4 M).
The company has 584.53 M in debt with debt to equity (D/E) ratio of 7.46, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Debt can assist Northeast Bancorp until it has trouble settling it off, either with new capital or with free cash flow. So, Northeast Bancorp's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northeast Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northeast to invest in growth at high rates of return. When we think about Northeast Bancorp's use of debt, we should always consider it together with cash and equity.

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Northeast Bank provides banking services to individual and corporate customers in Maine. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine. Northeast Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 165 people. Northeast Bancorp (NBN) is traded on NASDAQ Exchange in USA. It is located in 27 Pearl Street, Portland, ME, United States, 04101 and employs 182 people. Northeast Bancorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Northeast Bancorp Leadership Team

Elected by the shareholders, the Northeast Bancorp's board of directors comprises two types of representatives: Northeast Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Northeast. The board's role is to monitor Northeast Bancorp's management team and ensure that shareholders' interests are well served. Northeast Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Northeast Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Cohen, Chief Officer
Julie Jenkins, Senior Vice President and Director of Operations
Cheryl Dorsey, Independent Director
Theresa Morrison, Managing Estate
Christopher Hickey, Managing Management
Brian Shaughnessy, CFO, Treasurer of Northeast Bank, CFO of Northeast Bank and Treasurer
Brian Fenwick, Managing Underwriting
Matthew Botein, Independent Director
Sarah Shomphe, Director VP
John Orestis, Independent Director
Robert Glauber, Independent Chairman of the Board
Suzanne Carney, Corporate Clerk
Adam Shapiro, Independent Director
David Tanner, Independent Director
Judith Wallingford, Independent Director
Lapointe, CFO
Peter McClean, Independent Director
Claire Bean, COO and COO of Northeast Bank
Richard Wayne, CEO and President Director, CEO of Northeast Bank and President of Northeast Bank and Director of Northeast Bank
Heidi Jacques, Senior Resources
Chris Delamater, Senior Experience
Jerry Murphy, Senior Underwriter
Brian Pinheiro, Chief Risk Officer
JeanPierre CPA, Senior CFO
Patrick Dignan, Executive Vice President

Northeast Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Northeast Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Northeast Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northeast Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northeast Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northeast Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.
Note that the Northeast Bancorp information on this page should be used as a complementary analysis to other Northeast Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Northeast Bancorp's price analysis, check to measure Northeast Bancorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Northeast Bancorp is operating at the current time. Most of Northeast Bancorp's value examination focuses on studying past and present price action to predict the probability of Northeast Bancorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Northeast Bancorp's price. Additionally, you may evaluate how the addition of Northeast Bancorp to your portfolios can decrease your overall portfolio volatility.
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Is Northeast Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northeast Bancorp. If investors know Northeast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northeast Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.201
Dividend Share
0.04
Earnings Share
7.17
Revenue Per Share
19.252
Quarterly Revenue Growth
0.279
The market value of Northeast Bancorp is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northeast Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northeast Bancorp's market value can be influenced by many factors that don't directly affect Northeast Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northeast Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.