Northeast Bancorp (NBN) Declares $0.01 Quarterly Dividend; 0.1% Yield
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Northeast Bank Reports Second Quarter Results and Declares Dividend
January 26, 2022 4:16 PM ESTPORTLAND, Maine, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Northeast Bank (the Bank) (NASDAQ: NBN), a Maine-based full-service bank, today reported net income of $11.4 million, or $1.42 per diluted common share, for the quarter ended December 31, 2021, compared to net income of $8.2 million, or $0.98 per diluted common share, for the quarter ended December 31, 2020. Net income for the six months ended December 31, 2021 was $21.3 million, or $2.63 per diluted common share, compared to $16.0 million, or $1.92 per diluted common share, for the six months ended December 31, 2020.
The Board of Directors declared a cash dividend of $0.01 per share, payable on February 24, 2022, to shareholders of... More
