Northeast Bancorp (NASDAQ:NBN) Sees Unusually-High Trading Volume – Here’s What Happened

Posted by Brenda Bartman on Jun 10th, 2026

Northeast Bancorp (NASDAQ:NBN – Get Free Report) shares saw an uptick in trading volume on Wednesday . 69,957 shares traded hands during mid-day trading, a decline of 41% from the previous session’s volume of 119,199 shares.The stock last traded at $128.8830 and had previously closed at $124.32.

Analyst Ratings Changes

Several research firms have recently commented on NBN. Keefe, Bruyette & Woods lifted their target price on Northeast Bancorp from $120.00 to $128.00 and gave the company a “market perform” rating in a research note on Wednesday, April 29th. Piper Sandler initiated coverage on Northeast Bancorp in a research note on Monday, March 16th. They set an “overweight” rating and a $133.00 price objective for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Northeast Bancorp in a research note on Monday, May 4th. Finally, Wall Street Zen cut Northeast Bancorp from a “buy” rating to a “hold” rating in a research note on Sunday, May 24th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $130.50.

View Our Latest Stock Report on NBN

Northeast Bancorp Trading Up 2.2%

The company has a debt-to-equity ratio of 0.03, a current ratio of 1.13 and a quick ratio of 1.10. The business has a 50 day moving average of $121.56 and a 200 day moving average of $112.69. The firm has a market capitalization of $1.04 billion, a price-to-earnings ratio of 10.89 and a beta of 0.58.

Northeast Bancorp (NASDAQ:NBN – Get Free Report) last announced its quarterly earnings data on Monday, April 27th. The financial services provider reported $3.53 EPS for the quarter, topping analysts’ consensus estimates of $3.00 by $0.53. Northeast Bancorp had a return on equity of 18.63% and a net margin of 25.96%.The business had revenue of $66.62 million during the quarter, compared to analysts’ expectations of $61.49 million.

Northeast Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Shareholders of record on Tuesday, May 12th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend was Tuesday, May 12th. Northeast Bancorp’s payout ratio is presently 0.34%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE grew its stake in Northeast Bancorp by 161.6% in the first quarter. Bank of America Corp DE now owns 39,929 shares of the financial services provider’s stock valued at $4,487,000 after acquiring an additional 24,668 shares during the period. Royal Bank of Canada lifted its holdings in shares of Northeast Bancorp by 303.5% in the first quarter. Royal Bank of Canada now owns 1,251 shares of the financial services provider’s stock valued at $141,000 after purchasing an additional 941 shares in the last quarter. Quantinno Capital Management LP lifted its holdings in shares of Northeast Bancorp by 116.3% in the first quarter. Quantinno Capital Management LP now owns 28,071 shares of the financial services provider’s stock valued at $3,154,000 after purchasing an additional 15,096 shares in the last quarter. Inceptionr LLC bought a new stake in shares of Northeast Bancorp in the first quarter valued at about $312,000. Finally, Sei Investments Co. lifted its holdings in shares of Northeast Bancorp by 82.5% in the first quarter. Sei Investments Co. now owns 35,272 shares of the financial services provider’s stock valued at $3,964,000 after purchasing an additional 15,944 shares in the last quarter.

Northeast Bancorp Company Profile

(Get Free Report)

Northeast Bancorp is a Maine-based bank holding company and the parent of Northeast Bank, a state‐chartered commercial bank headquartered in Lewiston, Maine. Through its subsidiary, the company provides a variety of financial services, including personal checking and savings accounts, residential mortgage lending, small business and commercial loans, treasury management and private banking services. The bank operates a branch network spanning central and southern Maine, serving individuals, families and local businesses across the region.

Founded in 1872 as Androscoggin County Savings Bank, the institution has evolved through mutual and stock conversions, adopting the Northeast Bank name in 2001 and forming Northeast Bancorp as its mutual holding company in 2013.