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Northeast Bank

73K:FRA

Northeast Bank

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  • Price (EUR)95.50
  • Today's Change-1.00 / -1.04%
  • Shares traded25.00
  • 1 Year change+104.06%
  • Beta--
Data delayed at least 15 minutes, as of Nov 13 2024 07:11 GMT.
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About the company

Northeast Bank (the Bank) is a full-service financial institution. The Bank gathers retail deposits through its seven full-service branches in Maine and through its online deposit program, ableBanking; purchase and originate commercial loans, typically secured by real estate, on a nationwide basis through its National Lending Division, and originate loans through the Community Banking Division and Small Business Administration (SBA) National Division. The National Lending Division purchases primarily performing commercial real estate loans, on a nationwide basis, typically at a discount from their unpaid principal balances. The National Lending Division also originates commercial real estate and commercial and industrial loans on a nationwide basis. The SBA National Division originates loans to small businesses to help provide funding opportunities nationally. The Community Banking Division originates loans directly to businesses located in its market area.

  • Revenue in USD (TTM)265.04m
  • Net income in USD60.17m
  • Incorporated2004
  • Employees194.00
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