Northeast Bank (NBN) Stock Surges Amid Positive Financial Performance

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Dec 04, 2024
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Northeast Bank (NBN, Financial) experienced a significant stock price increase of 1.02%, reaching $100.10 per share with a trading volume of 19,463 shares. The bank reported revenue of $73.78 million and a net profit of $17.11 million, resulting in earnings per share of $2.17 and a price-to-earnings ratio of 13.03. Among analysts, 50% recommend buying, while the other 50% suggest holding the stock. In the banking sector, related stocks like Onity Group Inc. and Shore Bancshares, Inc. showed notable gains, while Chemung Financial Corp and Bridgewater Bancshares, Inc. were active in trading.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.