Northeast Stock Today

Northeast Bank is selling for 32.53 as of the 28th of September 2021. This is a 0.74 percent increase since the beginning of the trading day. The stock's open price was 32.29. Equity ratings for Northeast Bank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of October 2019 and ending today, the 28th of September 2021. Click here to learn more.

Northeast Bank Stock Profile

The next fiscal quarter end is expected on the 30th of September 2021. Northeast Bank provides personal and business banking services in Maine, the United States. 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. more on Northeast Bank
Northeast Bank is not yet fully synchronised with the market data
Northeast Bank has a poor financial position based on the latest SEC disclosures
About 62.0% of the company shares are owned by institutional investors
Latest headline from www.equities.com: Northeast Bank falls 0.34 percent for September 14 - Equities.com
Northeast Bank Fama & French Banking
Banking
Fama & French Classification
Northeast Bank SEC Filings
Northeast Bank SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameNortheast Bank
CEORichard Wayne  (View All)
Average Analyst Recommendation
Analysts covering Northeast Bank report their recommendations after researching Northeast Bank's financial statements, talking to executives and customers, or listening in on Northeast Bank's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Northeast Bank. The Northeast consensus assessment is calculated by taking the average forecast from all of the analysts covering Northeast Bank.
Strong Buy1 Opinion
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Northeast Bank based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Northeast Bank financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 4 - PoorDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares10.5 M10.2 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted10.7 M10.5 M
Fairly Up
Increasing
Slightly volatile
Net Cash Flow from Operations24.1 M22.4 M
Significantly Up
Increasing
Slightly volatile
Total Assets1.2 B1.3 B
Significantly Down
Increasing
Slightly volatile
Total Liabilities1.1 B1.2 B
Moderately Down
Increasing
Slightly volatile
Total Debt45.3 M35.6 M
Significantly Up
Decreasing
Slightly volatile
Return on Average Assets0.01380.0172
Significantly Down
Increasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.06220.0609
Fairly Up
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Northeast Bank's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedFairly Valued
Northeast Bank (NBN) is traded on NASDAQ Exchange in USA. It is located in 27 Pearl Street, Portland, ME 04101, United States and employs 169 people. Northeast Bank is listed under Banking category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with total capitalization of 272.91 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Northeast Bank's market, we take the total number of its shares issued and multiply it by Northeast Bank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Northeast Bank runs under Financial Services sector within Banks—Regional industry. The entity has 8.34 M outstanding shares of which 27.21 K shares are now shorted by investors with about 0.73 days to cover shorted positions. Northeast Bank has about 1.01 B in cash with 2.61 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 123.98, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Northeast Bank Probability Of Bankruptcy

Northeast Stock Price Odds Analysis

What are Northeast Bank's target price odds to finish over the current price? Proceeding from a normal probability distribution, the odds of Northeast Bank jumping above the current price in 90 days from now is about 29.93%. The Northeast Bank probability density function shows the probability of Northeast Bank stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Northeast Bank has a beta of -0.188. This indicates as returns on benchmark increase, returns on holding Northeast Bank are expected to decrease at a much lower rate. During the bear market, however, Northeast Bank is likely to outperform the market. Additionally, the company has an alpha of 0.1514, implying that it can generate a 0.15 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 32.53HorizonTargetOdds Up 32.53 
69.88%90 days
 32.53 
29.93%
Based on a normal probability distribution, the odds of Northeast Bank to move above the current price in 90 days from now is about 29.93 (This Northeast Bank probability density function shows the probability of Northeast Stock to fall within a particular range of prices over 90 days) .

Northeast Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Northeast Bank that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Northeast Bank's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Northeast Bank's value.
InstituionSecurity TypeTotal SharesValue
Basswood Capital Management LlcCommon Shares628.3 K18.8 M
Dimensional Fund Advisors LpCommon Shares411.3 K12.3 M
View Northeast Bank Diagnostics

Northeast Bank Historical Income Statement

Northeast Bank Income Statement is one of the three primary financial statements used for reporting Northeast's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Northeast Bank revenue and expense. Northeast Bank Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Northeast Bank Operating Income is quite stable at the moment as compared to the past year. The company's current value of Operating Income is estimated at 28.78 Million. Weighted Average Shares is expected to rise to about 10.5 M this year, although the value of Gross Profit will most likely fall to about 61.1 M. View More Fundamentals

Northeast Stock Against Markets

Picking the right benchmark for Northeast Bank stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Northeast Bank stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Northeast Bank is critical whether you are bullish or bearish towards Northeast Bank at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Northeast Bank stock to make a market-neutral strategy. Peer analysis of Northeast Bank could also be used in its relative valuation, which is a method of valuing Northeast Bank by comparing valuation metrics with similar companies.

Northeast Bank Corporate Directors

Northeast Bank corporate directors refer to members of a Northeast Bank board of directors. The board of directors generally takes responsibility for the Northeast Bank's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Northeast Bank's board members must vote for the resolution. The Northeast Bank board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Cheryl Dorsey - Independent DirectorProfile
Adam Shapiro - Independent DirectorProfile
David Tanner - Independent DirectorProfile
Judith Wallingford - Independent DirectorProfile
Additionally, see Stocks Correlation. Note that the Northeast Bank information on this page should be used as a complementary analysis to other Northeast Bank'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 CEO Directory module to screen CEOs from public companies around the world.

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When running Northeast Bank price analysis, check to measure Northeast Bank'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 Bank is operating at the current time. Most of Northeast Bank's value examination focuses on studying past and present price action to predict the probability of Northeast Bank's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Northeast Bank's price. Additionally, you may evaluate how the addition of Northeast Bank to your portfolios can decrease your overall portfolio volatility.
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The market value of Northeast Bank 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 Bank's value that differs from its market value or its book value, called intrinsic value, which is Northeast Bank'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 Bank's market value can be influenced by many factors that don't directly affect Northeast Bank underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northeast Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine Northeast Bank value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Bank'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.