Northeast Bank
Banking · Maine, United States · 201-500 Employees
View Company Info for Free
Overview
Headquarters
27 Pearl St, Portland, Maine, 04101, Uni...Phone Number
(207) 774-1426Website
www.northeastbank.comRevenue
$208.7 MillionStock Symbol
NBNIndustry
ZI Rank: 3
Signal Type
Feb
Mar
Apr
May
Jun
Jul
ZI Rank
3
5
4
4
2
3
About Northeast Bank
Founded in 1872 and headquartered in Lewiston, Maine, Northeast Bank is a full-service bank providing checking, savings, cash management, and more.Explore more
Northeast Bank Org Chart
Sell smarter with deeper company insights.
ZoomInfo gives you access to real-time firmographics, buying signals, org charts, and decision-makers - helping your GTM teams prioritize accounts, personalize outreach with AI-driven automation, and close deals faster.
Is Northeast Bank your ideal customer? 
Let us give you the heads up on whether it's a good time to reach out
Click to see if Northeast Bank had a recent Job posting/layoffs
Product Launch: Get notified when Northeast Bank launches new products
Check if Northeast Bank has recently received funding, and reach out quickly before it becomes old news!
Northeast Bank, which may be a good buyer, showed buying intent in Masked Content Topic
Funding: Get notified immidiatlly once Northeast Bank has new funding data
Check out if Northeast Bank is spiking on competitors!
Earning: See what the market has to say on Northeast Bank recently announced quarterly report
Website visits: Recent activity has been detected on your website
Congratulate Masked Content for being promoted to Masked Content at Northeast Bank
Competitive Alert! Recent activity has been detected by your competitor Masked Content
Recommended Actions
Introduce yourself to Masked Content, who has shown a strong intent to purchase lately
Find more new buyers
Compare Similar Companies to Northeast Bank
Compare insights from companies similar to Northeast Bank, focusing on performance, financial data, growth rates, and unique benchmarks to identify key industry trends and opportunities.
Revenue
Number of Employees
Type
Funding
Founded In
$227.4M
501-1,000
Public
-
1929
AG
Alexander GellermanSenior Vice President and Chief Technology Officer
Company Profile Activity
Activity Insights
Northeast Bank is experiencing very low activity levels compared to other companies in the Finance sector.
What does this means?
Northeast Bank is drawing exceptional interest within the Finance industry, suggesting notable developments or strong market momentum, learn more about Northeast Bank.
Northeast Bank financials insights
Gather financial insights about Northeast Bank, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2016
Debt
$15.1M
Northeast Bank Tech Stack
A closer look at the technologies used by Northeast Bank
See more technologies
Most Recent Scoops
Pain Point
Northeast Bank has reported challenges in its small balance loan program, with 203 SBA loans originated for just under $35 million during the quarter and approximately $150 million for the full year, falling short of the $20 million per month run rate target, as six new rule changes in the past 12 months have further narrowed eligibility and increased underwriting requirements.
Pain Point, Barriers
Pain Point
Northeast Bank has reported difficulty selling $102 million in insured small business loans originated during FY26 at attractive pricing, resulting in the loans being retained on the balance sheet longer than anticipated. In response, Northeast Bank has increased insurance protection on these loans to 25% with a higher deductible to improve their marketability.
Business Finance, Finance, Risk
Earnings
Northeast Bank has reported origination business closings of $257 million for the quarter, a third consecutive record, ending the fiscal year with just under $900 million in originations and 27% year-over-year portfolio growth, across 33 loans with an average balance of $7 million, loan-to-values just over 50%, and an average interest rate of approximately 7.25%. For the full year, 450 loan opportunities totaling approximately $5 billion were reviewed, with 125 closed for just under $900 million at an average loan amount of $8 million, spanning asset classes including industrial, retail, and multifamily, with approximately half of closed loan collateral located in New York, metro New York, and California.
Business Finance, Finance, Financial Operations
Earnings
Northeast Bank has reported strong credit performance for the quarter, recording a credit provision of $679,000, with non-performing assets improving to 67 basis points from 78 basis points in the prior quarter and past due loans declining to 54 basis points of total loans from 64 basis points in the prior quarter.
Accounting, Financial Reporting, Banking, Finance
Earnings
Earnings, Finance
Northeast Bank News & Media
Northeast Bancorp Q4 Earnings Call Highlights
Northeast Bancorp (NASDAQ:NBN) reported record fiscal 2026 earnings, with fourth-quarter net income of $34.3 million, or $4.05 per diluted share, as loan growth, purchase-loan performance and asset-quality improvements supported results. For the fiscal year ended June 30, the bank earned $107.5 milNortheast Bank Reports Fourth Quarter Results and Declares Dividend
PORTLAND, Maine, July 27, 2026 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based bank, today reported net income of $34.3 million, or $4.05 per diluted common share, for the quarter ended June 30, 2026, compared to net income of $25.2 million, or $3.00 per diluted common share, for the quarter ended June 30, 2025. Net income for the year ended June 30, 2026 was $107.5 million, or $12.74 per diluted common share,Northeast Bank Announces Dates for Fiscal 2026 Fourth Quarter Earnings Results and Conference Call
PORTLAND, Maine, July 16, 2026 (GLOBE NEWSWIRE) -- Northeast Bank (the “Bank”) (NASDAQ: NBN), a Maine-based bank, announced today it will release its fiscal 2026 fourth quarter earnings results on Monday, July 27, 2026. Following the release, the Bank will host a conference call with a simultaneous webcast at 10:00 a.m. ET on Monday, July 27, 2026. The conference call will be hosted by Rick Wayne, President and Chief Executive Officer, Santino Delmolino, Chief FinancialHow The Northeast Bank (NBN) Narrative Is Shifting With New Analyst Fair Value Updates
Northeast Bank is back in focus after a fresh analyst update lifted the fair value estimate from US$126.50 to US$136.50, giving investors a new reference point for the stock. The change is being framed around how well the current share price lines up with recent research on the bank's differentiated model, EPS trends, and consistent TBVPS growth. Read on to see how these shifting price targets fit into the evolving narrative and what to watch
Read more news
Top Banking Companies
Top companies in Canada by revenue
Top companies in New Zealand by revenue
Frequently Asked Questions Regarding Northeast Bank
Sign Up For FreeTo access detailed company insights
Founded in 1872 and headquartered in Lewiston, Maine, Northeast Bank is a full-service bank providing checking, savings, cash management, and more.... Read More
