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Northeast Bancorp (NBN) Files 10-K for the Fiscal Year Ended on June 30, 2018

- By insider

Northeast Bancorp (NBN) files its latest 10-K with SEC for the fiscal year ended on June 30, 2018. Northeast Bancorp is a bank holding company of Northeast Bank. It provides online banking, mobile banking, business services and financing options. Northeast Bancorp has a market cap of $193.970 million; its shares were traded at around $21.70 with a P/E ratio of 12.28 and P/S ratio of 3.31. The dividend yield of Northeast Bancorp stocks is 0.18%.

For the last quarter Northeast Bancorp reported a revenue of $16.4 million, compared with the revenue of $16.54 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $60.3 million, an increase of 5.1% from last year. For the last five years Northeast Bancorp had an average revenue growth rate of 10.7% a year.

The reported diluted earnings per share was $1.77 for the year, an increase of 28.3% from previous year. Over the last five years Northeast Bancorp had an EPS growth rate of 43.6% a year. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, Northeast Bancorp has the cash and cash equivalents of $157.4 million, compared with $163.3 million in the previous year. The long term debt was $39.6 million, compared with $44.5 million in the previous year. Northeast Bancorp has a financial strength rank of 4 (out of 10).

At the current stock price of $21.70, Northeast Bancorp is traded at 59.4% premium to its historical median P/S valuation band of $13.61. The P/S ratio of the stock is 3.31, while the historical median P/S ratio is 2.09. The stock gained 1.11% during the past 12 months.

CFO Recent Trades:

  • CFO Jean-pierre Lapointe bought 100 shares of NBN stock on 08/28/2018 at the average price of $21.85. The price of the stock has decreased by 0.69% since.

For the complete 20-year historical financial data of NBN, click here.

This article first appeared on GuruFocus.