NBN Stock Analysis: Northeast Bancorp | NASDAQ

Deposit Accounts, Mortgage Loans, Commercial Loans, Consumer Loans

Total Rating 42

Safety 65

Buy Signal -0.47

Banks - Regional
Industry Rotation: +6.1

Market Cap: 1.15B
Avg Turnover: 14.4M

Risk 3d forecast

Volatility34.1%

VaR 5^th Pctl5.57%

VaR vs Median-0.93%

Reward TTM

Sharpe Ratio0.73

Rel. Str. IBD67.3

Rel. Str. Peer Group54.8

Character TTM

Beta0.883

Beta Downside0.705

Hurst Exponent0.446

Drawdowns 3y

Max DD27.57%

CAGR/Max DD1.60

CAGR/Mean DD5.50

EPS (Earnings per Share)

EPS CAGR: 25.43%
EPS Trend: 98.4%

Last SUE: 1.93
Qual. Beats: 2

Revenue

Rev. CAGR: 23.64%
Rev. Trend: 98.6%

Last SUE: 1.77
Qual. Beats: 1

Warnings

Below Avwap Earnings

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan +2.1% 8

Feb -5.8% 69

Mar -1.8% 31

Apr +5.8% 39

May -0.9% 11

Jun +2.1% 47

Jul +2.9% 32

Aug -3.0% 21

Sep +1.0% 12

Oct -3.7% 12

Nov +1.2% 15

Dec +0.0% 2

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: NBN Northeast Bancorp

Northeast Bank, founded in 1872 and headquartered in Portland, Maine, operates as a community-focused regional bank serving individual and corporate customers throughout Maine. The companys core operations revolve around traditional banking activities, including gathering deposits and originating a diversified loan portfolio spanning residential mortgages, commercial real estate, commercial and industrial loans, and consumer lending products.

The bank offers a full suite of deposit products, including demand deposit, NOW, money market, savings, certificate of deposit, and checking accounts. Its lending activities are similarly broad, covering residential mortgages, multi-family and commercial real estate, commercial and industrial financing (such as term loans, lines of credit, and equipment/receivables financing), and consumer loans including mobile home, overdraft, and deposit-secured products.

Northeast Bank complements its core deposit and lending services with modern digital and payment solutions, including telephone, online, and mobile banking, bill payment, remote deposit capture, and debit/credit card services, alongside ATM, electronic transfer, and check processing capabilities. Community-oriented banks like Northeast Bank typically operate under state and federal regulatory oversight, including FDIC supervision, and rely primarily on local deposit funding to support relationship-based lending within their geographic footprint.

Headlines to Watch Out For

Net interest margin expands as loan portfolio grows
Loan Acquisition and Servicing segment drives fee income
Maine commercial real estate concentration raises credit risk concerns

Piotroski VR-10 (Strict) 2.0

Net Income: 107.5m TTM > 0 and > 6% of Revenue
FCF/TA: -0.01 > 0.02 and ΔFCF/TA -2.47 > 1.0
NWC/Revenue: -49.63% < 20% (prev -848.3%; Δ 798.7% < -1%)
CFO/TA -0.01 > 3% & CFO -62.5m > Net Income 107.5m
Net Debt (872.1m) to EBITDA (150.3m): 5.80 < 3
Current Ratio: 0.11 > 1.5 & < 3
Outstanding Shares: last quarter (8.47m) vs 12m ago 0.68% < -2%
Gross Margin: 61.20% > 18% (prev 57.46%; Δ 3.74% > 0.5%)
Asset Turnover: 8.03% > 50% (prev 8.07%; Δ -0.04% > 0%)
Interest Coverage Ratio: 0.99 > 6 (EBIT TTM 147.2m / Interest Expense TTM 148.6m)

Altman Z'' 0.42

A: -0.04 (Total Current Assets 22.3m - Total Current Liabilities 211.8m) / Total Assets 5.23b
B: 0.09 (Retained Earnings 494.2m / Total Assets 5.23b)
C: 0.03 (EBIT TTM 147.2m / Avg Total Assets 4.75b)
D: 0.13 (Book Value of Equity 603.9m / Total Liabilities 4.62b)
Altman-Z'' = 0.42 = B

Beneish M -2.90

DSRI: 1.04 (Receivables 19.4m/16.9m, Revenue 381.7m/345.4m)
GMI: 0.94 (GM 57.46% / 61.20%)
AQI: 1.11 (AQ_t 0.99 / AQ_t-1 0.89)
SGI: 1.11 (Revenue 381.7m / 345.4m)
TATA: 0.03 (NI 107.5m - CFO -62.5m) / TA 5.23b)
Beneish M = -2.90 (Cap -4..+1) = A

What is the price of NBN shares?

As of September 27, 2026, the stock is trading at USD 130.24 with a total of 125,544 shares traded. Over the past week, the price has changed by -2.40%, over one month by +2.09%, over three months by +0.00% and over the past year by +26.27%.

Current recommended Stop Loss: 123.80 (which is 4.9% or 1.7 ATR below the current price).

Is NBN a buy, sell or hold?

Northeast Bancorp has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold NBN.

StrongBuy: 0
Buy: 1
Hold: 1
Sell: 0
StrongSell: 0

What are the forecasts/targets for the NBN price?

Analysts Target Price	143.5	10.2%

Northeast Bancorp (NBN) - Fundamental Data Overview as of 20 September 2026

Market Cap USD = 1.15b (1.15b USD * 1.0 USD.USD)
P/E Trailing = 10.3602
P/E Forward = 16.2602
P/S = 4.8179
P/B = 1.881
P/EG = 5.2723
Revenue TTM = 381.7m USD
EBIT TTM = 147.2m USD
EBITDA TTM = 150.3m USD
Long Term Debt = 514.7m USD (from longTermDebt, last quarter)
Short Term Debt = 211.8m USD (from shortTermDebt, last quarter)
Debt = 875.0m USD (from shortLongTermDebtTotal, last quarter) + Leases 17.3m
Net Debt = 872.1m USD (calculated: Debt 875.0m - CCE 2.91m)
Enterprise Value = 2.02b USD (1.15b + Debt 875.0m - CCE 2.91m)
Interest Coverage Ratio = 0.99 (Ebit TTM 147.2m / Interest Expense TTM 148.6m)
EV/FCF = -31.57x (Enterprise Value 2.02b / FCF TTM -64.0m)
FCF Yield = -3.17% (FCF TTM -64.0m / Enterprise Value 2.02b)
FCF Margin = -16.76% (FCF TTM -64.0m / Revenue TTM 381.7m)
Net Margin = 28.16% (Net Income TTM 107.5m / Revenue TTM 381.7m)
Gross Margin = 61.20% ((Revenue TTM 381.7m - Cost of Revenue TTM 148.1m) / Revenue TTM)
Gross Margin QoQ = 62.96% (prev 63.40%)
Tobins Q-Ratio = 0.39 (Enterprise Value 2.02b / Total Assets 5.23b)
Interest Expense / Debt = 16.98% (Interest Expense 148.6m / Debt 875.0m)
Taxrate = 26.98% (39.7m / 147.2m)
NOPAT = 107.5m (EBIT 147.2m * (1 - 26.98%))
Current Ratio = 0.11 (Total Current Assets 22.3m / Total Current Liabilities 211.8m)
Debt / Equity = 1.45 (Debt 875.0m / totalStockholderEquity, last quarter 603.9m)
Debt / EBITDA = 5.80 (Net Debt 872.1m / EBITDA 150.3m)
Debt / FCF = -13.63 (negative FCF - burning cash) (Net Debt 872.1m / FCF TTM -64.0m)
Total Stockholder Equity = 555.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.26% (Net Income 107.5m / Total Assets 5.23b)
RoE = 19.35% (Net Income TTM 107.5m / Total Stockholder Equity 555.3m)
RoCE = 13.76% (EBIT 147.2m / Capital Employed (Equity 555.3m + L.T.Debt 514.7m))
RoIC = 2.06% (NOPAT 107.5m / Invested Capital 5.22b)
WACC = 10.52% (E(1.15b)/V(2.02b) * Re(9.09%) + D(875.0m)/V(2.02b) * Rd(16.98%) * (1-Tc(0.27)))
Discount Rate = 9.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 87.52 | Cagr: 4.97%
[DCF] Fair Price = unknown (Cash Flow -64.0m)
EPS Correlation: 98.41 | EPS CAGR: 25.43% | SUE: 1.93 | # QB: 2
Revenue Correlation: 98.56 | Revenue CAGR: 23.64% | SUE: 1.77 | # QB: 1
EPS current Quarter (2026-09-30): EPS=3.41 | Chg30d=-1.02% | Revisions=-25% | Analysts=2
EPS next Quarter (2026-12-31): EPS=3.60 | Chg30d=+0.70% | Revisions=+25% | Analysts=2
EPS current Year (2027-06-30): EPS=14.60 | Chg30d=+0.69% | Revisions=+25% | GrowthEPS=+14.6% | GrowthRev=+16.8%
EPS next Year (2028-06-30): EPS=15.75 | Chg30d=N/A | Revisions=+0% | GrowthEPS=+7.9% | GrowthRev=+10.2%
[Analyst] Revisions Ratio: +17% (up=2, down=1)