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home / news releases / NBN - Northeast Bank GAAP EPS of $1.54 beats by $0.27 revenue of $30.05M beats by $2.8M


NBN - Northeast Bank GAAP EPS of $1.54 beats by $0.27 revenue of $30.05M beats by $2.8M

  • Northeast Bank press release ( NASDAQ: NBN ): Q2 GAAP EPS of $1.54 beats by $0.27 .
  • Revenue of $30.05M (+13.2% Y/Y) beats by $2.8M .
  • Net income for the six months ended December 31, 2022 was $19.6 million, or $2.65 per diluted common share, compared to $21.3 million, or $2.63 per diluted common share, for the six months ended December 31, 2021
  • The Board of Directors declared a cash dividend of $0.01 per share, payable on February 23, 2023, to shareholders of record as of February 9, 2023.

  • As of December 31, 2022, total assets were $2.81 billion, an increase of $1.23 billion, or 77.5%, from total assets of $1.58 billion as of June 30, 2022.

For further details see:

Northeast Bank GAAP EPS of $1.54 beats by $0.27, revenue of $30.05M beats by $2.8M
Stock Information

Company Name: Northeast Bank
Stock Symbol: NBN
Market: NASDAQ
Website: northeastbank.com

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