Northeast Bancorp (NBN) Declares $0.01 Quarterly Dividend; 0.3% Yield
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Northeast Bancorp Reports Record Quarterly Results, Surpasses $1 Billion in Assets and Declares Dividend
January 30, 2017 4:31 PM ESTLEWISTON, Maine, Jan. 30, 2017 (GLOBE NEWSWIRE) -- Northeast Bancorp (Northeast or the Company) (NASDAQ: NBN), a Maine-based full-service financial services company and parent of Northeast Bank (the Bank), today reported net income of $3.1 million, or $0.35 per diluted common share, for the quarter ended December 31, 2016, compared to net income of $1.7 million, or $0.18 per diluted common share, for the quarter ended December 31, 2015. Net income for the six months ended December 31, 2016 was $4.9 million, or $0.54 per diluted common share, compared to $3.6 million, or $0.38 per diluted common share, for the six months ended December 31, 2015.
The Board of Directors has... More
