Northeast Bancorp
Northeast Bank provides various banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of … Read more
Northeast Bancorp (NBN) - Net Assets
Latest net assets as of December 2025: $536.02 Million USD
Based on the latest financial reports, Northeast Bancorp (NBN) has net assets worth $536.02 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.95 Billion) and total liabilities ($4.41 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $536.02 Million |
| % of Total Assets | 10.83% |
| Annual Growth Rate | 11.66% |
| 5-Year Change | 112.7% |
| 10-Year Change | 323.95% |
| Growth Volatility | 119.2 |
Northeast Bancorp - Net Assets Trend (1990–2025)
This chart illustrates how Northeast Bancorp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Northeast Bancorp (1990–2025)
The table below shows the annual net assets of Northeast Bancorp from 1990 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $494.29 Million | +31.24% |
| 2024-06-30 | $376.63 Million | +26.96% |
| 2023-06-30 | $296.66 Million | +19.47% |
| 2022-06-30 | $248.32 Million | +6.85% |
| 2021-06-30 | $232.39 Million | +41.07% |
| 2020-06-30 | $164.74 Million | -85.34% |
| 2019-06-30 | $1.12 Billion | +711.75% |
| 2018-06-30 | $138.43 Million | +12.73% |
| 2017-06-30 | $122.80 Million | +5.32% |
| 2016-06-30 | $116.59 Million | +3.33% |
| 2015-06-30 | $112.84 Million | +0.69% |
| 2014-06-30 | $112.07 Million | -1.53% |
| 2013-06-30 | $113.80 Million | -4.48% |
| 2012-06-30 | $119.14 Million | +83.42% |
| 2011-06-30 | $64.95 Million | +27.60% |
| 2010-06-30 | $50.91 Million | +7.59% |
| 2009-06-30 | $47.32 Million | +17.49% |
| 2008-06-30 | $40.27 Million | -1.41% |
| 2007-06-30 | $40.85 Million | +4.49% |
| 2006-06-30 | $39.10 Million | -1.94% |
| 2005-06-30 | $39.87 Million | +9.37% |
| 2004-06-30 | $36.45 Million | -0.13% |
| 2003-06-30 | $36.50 Million | -12.90% |
| 2002-06-30 | $41.90 Million | +11.39% |
| 2001-06-30 | $37.62 Million | +33.75% |
| 2000-06-30 | $28.13 Million | +5.34% |
| 1999-06-30 | $26.70 Million | +6.37% |
| 1998-06-30 | $25.10 Million | +13.06% |
| 1997-06-30 | $22.20 Million | +21.98% |
| 1996-06-30 | $18.20 Million | +5.20% |
| 1995-06-30 | $17.30 Million | +9.49% |
| 1994-06-30 | $15.80 Million | +12.06% |
| 1993-06-30 | $14.10 Million | +10.16% |
| 1992-06-30 | $12.80 Million | +6.67% |
| 1991-06-30 | $12.00 Million | +15.38% |
| 1990-06-30 | $10.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Northeast Bancorp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6690.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $387.04 Million | 78.30% |
| Common Stock | $8.53 Million | 1.72% |
| Other Comprehensive Income | $-2.00K | 0.00% |
| Other Components | $98.73 Million | 19.97% |
| Total Equity | $494.29 Million | 100.00% |
Northeast Bancorp Competitors by Market Cap
The table below lists competitors of Northeast Bancorp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PVR INOX Ltd.
NSE:PVRINOX
|
$808.06 Million |
|
Fujian Qingshan Paper Industry Co Ltd
SHG:600103
|
$808.66 Million |
|
Taysha Gene Therapies Inc
NASDAQ:TSHA
|
$808.83 Million |
|
CJ CheilJedang Corp
KO:097955
|
$808.92 Million |
|
EUROKAI GmbH & Co. KGaA
F:EUK3
|
$807.53 Million |
|
DL E&C Co. Ltd. Pfd.
KO:37550L
|
$806.95 Million |
|
Hangzhou Cable
SHG:603618
|
$806.72 Million |
|
Sociedad Punta del Cobre S.A
SN:PUCOBRE
|
$806.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northeast Bancorp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 376,634,000 to 494,286,000, a change of 117,652,000 (31.2%).
- Net income of 83,443,000 contributed positively to equity growth.
- Dividend payments of 335,000 reduced retained earnings.
- Share repurchases of 3,665,000 reduced equity.
- New share issuances of 31,251,000 increased equity.
- Other comprehensive income increased equity by 181,000.
- Other factors increased equity by 6,777,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $83.44 Million | +16.88% |
| Dividends Paid | $335.00K | -0.07% |
| Share Repurchases | $3.67 Million | -0.74% |
| Share Issuances | $31.25 Million | +6.32% |
| Other Comprehensive Income | $181.00K | +0.04% |
| Other Changes | $6.78 Million | +1.37% |
| Total Change | $- | 31.24% |
Book Value vs Market Value Analysis
This analysis compares Northeast Bancorp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.82x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 15.70x to 1.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1990-06-30 | $6.93 | $108.86 | x |
| 1991-06-30 | $6.60 | $108.86 | x |
| 1992-06-30 | $7.10 | $108.86 | x |
| 1993-06-30 | $8.34 | $108.86 | x |
| 1994-06-30 | $7.59 | $108.86 | x |
| 1995-06-30 | $8.22 | $108.86 | x |
| 1996-06-30 | $7.73 | $108.86 | x |
| 1997-06-30 | $9.32 | $108.86 | x |
| 1998-06-30 | $8.99 | $108.86 | x |
| 1999-06-30 | $9.57 | $108.86 | x |
| 2000-06-30 | $10.25 | $108.86 | x |
| 2001-06-30 | $11.36 | $108.86 | x |
| 2002-06-30 | $12.98 | $108.86 | x |
| 2003-06-30 | $13.63 | $108.86 | x |
| 2004-06-30 | $14.01 | $108.86 | x |
| 2005-06-30 | $15.57 | $108.86 | x |
| 2006-06-30 | $15.53 | $108.86 | x |
| 2007-06-30 | $16.46 | $108.86 | x |
| 2008-06-30 | $17.02 | $108.86 | x |
| 2009-06-30 | $20.38 | $108.86 | x |
| 2010-06-30 | $21.81 | $108.86 | x |
| 2011-06-30 | $18.48 | $108.86 | x |
| 2012-06-30 | $27.76 | $108.86 | x |
| 2013-06-30 | $10.93 | $108.86 | x |
| 2014-06-30 | $10.77 | $108.86 | x |
| 2015-06-30 | $11.31 | $108.86 | x |
| 2016-06-30 | $12.29 | $108.86 | x |
| 2017-06-30 | $13.72 | $108.86 | x |
| 2018-06-30 | $15.16 | $108.86 | x |
| 2019-06-30 | $16.77 | $108.86 | x |
| 2020-06-30 | $18.32 | $108.86 | x |
| 2021-06-30 | $27.80 | $108.86 | x |
| 2022-06-30 | $31.42 | $108.86 | x |
| 2023-06-30 | $40.01 | $108.86 | x |
| 2024-06-30 | $49.05 | $108.86 | x |
| 2025-06-30 | $59.71 | $108.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northeast Bancorp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 16.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.77%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 8.66x
- Recent ROE (16.88%) is above the historical average (9.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1990 | 8.65% | 11.25% | 0.11x | 7.07x | $-140.00K |
| 1991 | 5.00% | 4.00% | 0.10x | 12.13x | $-600.00K |
| 1992 | 8.59% | 7.38% | 0.09x | 12.83x | $-180.00K |
| 1993 | 8.51% | 7.59% | 0.09x | 12.70x | $-210.00K |
| 1994 | 9.49% | 9.04% | 0.09x | 12.06x | $-80.00K |
| 1995 | 8.67% | 7.85% | 0.09x | 11.99x | $-230.00K |
| 1996 | 7.14% | 5.83% | 0.10x | 12.21x | $-520.00K |
| 1997 | 6.76% | 6.25% | 0.08x | 12.80x | $-720.00K |
| 1998 | 9.56% | 8.89% | 0.08x | 12.85x | $-110.00K |
| 1999 | 8.99% | 8.10% | 0.08x | 13.65x | $-270.00K |
| 2000 | 11.41% | 9.19% | 0.08x | 15.43x | $397.07K |
| 2001 | 11.44% | 8.96% | 0.09x | 14.17x | $439.40K |
| 2002 | 11.09% | 10.74% | 0.08x | 12.73x | $379.54K |
| 2003 | 10.56% | 11.30% | 0.07x | 12.81x | $205.42K |
| 2004 | 9.63% | 10.64% | 0.06x | 14.78x | $-133.12K |
| 2005 | 10.08% | 10.62% | 0.07x | 14.44x | $31.68K |
| 2006 | 10.24% | 9.52% | 0.07x | 14.40x | $94.59K |
| 2007 | 4.62% | 4.32% | 0.08x | 13.63x | $-2.20 Million |
| 2008 | 4.80% | 4.18% | 0.08x | 14.86x | $-2.10 Million |
| 2009 | 2.03% | 2.15% | 0.07x | 12.64x | $-3.77 Million |
| 2010 | 3.38% | 3.96% | 0.07x | 12.23x | $-3.37 Million |
| 2011 | 22.09% | 24.89% | 0.10x | 9.18x | $7.85 Million |
| 2012 | 1.82% | 6.08% | 0.05x | 5.62x | $-9.75 Million |
| 2013 | 3.88% | 10.03% | 0.07x | 5.89x | $-6.96 Million |
| 2014 | 2.40% | 6.46% | 0.05x | 6.80x | $-8.51 Million |
| 2015 | 6.33% | 14.22% | 0.06x | 7.54x | $-4.14 Million |
| 2016 | 6.53% | 14.20% | 0.05x | 8.46x | $-4.04 Million |
| 2017 | 10.05% | 18.73% | 0.06x | 8.77x | $59.30K |
| 2018 | 11.68% | 22.59% | 0.06x | 8.36x | $2.32 Million |
| 2019 | 9.04% | 16.14% | 0.07x | 7.51x | $-1.47 Million |
| 2020 | 13.80% | 23.98% | 0.08x | 7.63x | $6.26 Million |
| 2021 | 30.77% | 48.68% | 0.07x | 9.36x | $48.26 Million |
| 2022 | 16.98% | 38.41% | 0.07x | 6.37x | $17.33 Million |
| 2023 | 14.89% | 24.56% | 0.06x | 9.67x | $14.52 Million |
| 2024 | 15.46% | 22.35% | 0.08x | 8.32x | $20.57 Million |
| 2025 | 16.88% | 23.77% | 0.08x | 8.66x | $34.01 Million |
Industry Comparison
This section compares Northeast Bancorp's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northeast Bancorp (NBN) | $536.02 Million | 8.65% | 8.23x | $807.60 Million |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |