Northeast Bancorp

NASDAQ NBN

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Northeast Bancorp Pre-Tax Margin for the year ending June 30, 2023: 53.66%

Northeast Bancorp Pre-Tax Margin is 53.66% for the year ending June 30, 2023, a -15.75% change year over year. Pre-tax margin represents the proportion of a company's earnings before taxes (EBT) to its revenue. It is calculated by dividing the EBT by the revenue. This ratio indicates the profitability of the company's operations before the impact of taxes. A higher pre-tax margin suggests that the company generates a larger proportion of revenue as pre-tax profit, indicating stronger operational performance and efficiency.

Northeast Bancorp Pre-Tax Margin for the year ending June 30, 2022 was 63.69%, a -14.41% change year over year.
Northeast Bancorp Pre-Tax Margin for the year ending June 30, 2021 was 74.41%, a 70.19% change year over year.
Northeast Bancorp Pre-Tax Margin for the year ending June 30, 2020 was 43.72%, a -25.66% change year over year.
Northeast Bancorp Pre-Tax Margin for the year ending June 30, 2019 was 58.81%, a -6.45% 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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