Northeast Bancorp (NBN) Declares $0.01 Quarterly Dividend; 0% Yield

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Go back to Northeast Bancorp (NBN) Declares $0.01 Quarterly Dividend; 0% Yield

Northeast Bank Reports First Quarter Results and Declares Dividend

October 26, 2026 4:16 PM EDT

PORTLAND, Maine, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Northeast Bank (the Bank) (NASDAQ: NBN), a Maine-based bank, today reported net income of $29.0 million, or $3.42 per diluted common share, for the quarter ended September 30, 2026, compared to net income of $22.5 million, or $2.67 per diluted common share, for the quarter ended September 30, 2025.

The Board of Directors declared a cash dividend of $0.01 per share, payable on November 23, 2026, to shareholders of record as of November 9, 2026.

"We entered fiscal 2027 with strong momentum, delivering quarterly net income of $29.0 million and strong loan production of $534.3 million in the first quarter, said Rick Wayne,... More