Northeast Bancorp

NASDAQ NBN

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Northeast Bancorp Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2024: 0.54%

Northeast Bancorp Dividend Payout Ratio is 0.54% for the Trailing 12 Months (TTM) ending March 31, 2024, a -24.25% change year over year. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.

Northeast Bancorp Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2023 was 0.71%, a 7.64% change year over year.
Northeast Bancorp Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2022 was 0.66%, a -12.73% change year over year.
Northeast Bancorp Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2021 was 0.76%, a 148.60% change year over year.
Northeast Bancorp Dividend Payout Ratio for the Trailing 12 Months (TTM) ending March 31, 2020 was -1.56%, a -181.99% change year over year.

NASDAQ: NBN

Northeast Bancorp

CEO	Mr. Richard N. Wayne
IPO Date	Aug. 20, 1987
Location	United States
Headquarters	27 Pearl Street, Portland, ME, United States, 04101
Employees	182
Sector	Financial Services
Industry	Banks - regional

Description

Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, cash management, and remote deposit capture services, as well as debit and credit card, ATM, electronic transfer, and check services. Further, it provides various services, such as money market, merchant, and payroll and HR. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine.

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