Northeast Bancorp (NBN) Declares $0.01 Quarterly Dividend; 0.1% Yield
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Northeast Bank Reports Fourth Quarter Results, Record Annual Earnings and Declares Dividend
July 28, 2021 4:16 PM EDTPORTLAND, Maine, July 28, 2021 (GLOBE NEWSWIRE) -- Northeast Bank (the Bank) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $21.4 million, or $2.54 per diluted common share, for the quarter ended June 30, 2021, compared to net income of $11.2 million, or $1.33 per diluted common share, for the quarter ended June 30, 2020. Net income for the year ended June 30, 2021 was $71.5 million, or $8.55 per diluted common share, compared to $22.7 million, or $2.53 per diluted common share, for the year ended June 30, 2020. Net income for the quarter and year ended June 30, 2021 included $12.6 million and $46.7 million, respectively, of net gains... More
