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Northeast Bancorp: Fiscal 1Q Earnings Snapshot

LEWISTON, Maine (AP) _ Northeast Bancorp (NBN) on Monday reported fiscal first-quarter earnings of $4.5 million.

On a per-share basis, the Lewiston, Maine-based company said it had profit of 49 cents.

The holding company for Northeast Bank posted revenue of $20.3 million in the period. Its adjusted revenue was $15.9 million.

Northeast Bancorp shares have dropped 13 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $20.10, a decline of 24 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NBN at https://www.zacks.com/ap/NBN