Julie Jenkins - Northeast Bancorp Senior Vice President and Director of Operations

NBN Stock  USD 101.40  3.67  3.76%   

President

Ms. Julie Jenkins is Senior Vice President and Director of Operations of the Company, since July 2012. She is responsible for the oversight of Loan Servicing, Deposit Operations, Project Management, Information Technology and Customer Contact Center departments of the Bank. Prior to becoming Director of Operations, from May 2011 to July 2012, Ms. Jenkins was the Director of eBanking Strategic Initiatives. Prior to joining the Bank, Ms. Jenkins was at Santander Bank, where she led a team of internal consultants for its parent, Banco Santander, who were responsible for planning, organizing and implementing enterprisewide new technology systems for the company. Ms. Jenkins has held senior operations and technology management positions at Mt. Washington Bank and Abington Savings Bank since 2012.
Age 61
Tenure 12 years
Address 27 Pearl Street, Portland, ME, United States, 04101
Phone207 786 3245
Webhttps://www.northeastbank.com

Latest Insider Transactions

2019-02-15Disposed of 2000 shares @ 19.79View
2018-05-21Disposed of 1500 shares @ 22.35View
2017-11-29Disposed of 4000 shares @ 25.35View
Jenkins earned her B.A. in Management from Assumption College in Worcester, Massachusetts.

Northeast Bancorp Management Efficiency

The company has Return on Asset of 0.0177 % which means that on every $100 spent on assets, it made $0.0177 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1709 %, implying that it generated $0.1709 on every 100 dollars invested. Northeast Bancorp's management efficiency ratios could be used to measure how well Northeast Bancorp manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Northeast Bancorp's Return On Tangible Assets are very stable compared to the past year. As of the 23rd of November 2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.03. At this time, Northeast Bancorp's Debt To Assets are very stable compared to the past year. As of the 23rd of November 2024, Return On Assets is likely to grow to 0.02, though Non Currrent Assets Other are likely to grow to (79.9 M).
Northeast Bancorp has 365.44 M in debt with debt to equity (D/E) ratio of 7.46, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Note however, debt could still be an excellent tool for Northeast to invest in growth at high rates of return.

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Northeast Bank provides banking services to individual and corporate customers in Maine. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine. Northeast Bank operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 165 people. Northeast Bancorp (NBN) is traded on NASDAQ Exchange in USA. It is located in 27 Pearl Street, Portland, ME, United States, 04101 and employs 194 people. Northeast Bancorp is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Northeast Bancorp Leadership Team

Elected by the shareholders, the Northeast Bancorp's board of directors comprises two types of representatives: Northeast Bancorp inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Northeast. The board's role is to monitor Northeast Bancorp's management team and ensure that shareholders' interests are well served. Northeast Bancorp's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Northeast Bancorp's outside directors are responsible for providing unbiased perspectives on the board's policies.
Richard Cohen, Chief Officer
Julie Jenkins, Senior Vice President and Director of Operations
Theresa Morrison, Managing Estate
Tim Tower, Senior Manager
Christopher Hickey, Managing Management
Brian Fenwick, Managing Underwriting
Steve Tsoflias, Senior Lending
Robert Banaski, Senior Officer
Richard Wayne, CEO and President Director, CEO of Northeast Bank and President of Northeast Bank and Director of Northeast Bank
Heidi Jacques, Senior Resources
Sarah Shomphe, Director VP
Chris Delamater, Senior Experience
Rebecca Rand, Senior Accounting
Meegan Casey, Senior Counsel
Matthew Colpitts, Senior Banking
Thomas Gillespie, Senior Underwriting
Jack Sullivan, Senior Management
Brian Doherty, Managing Management
Jerry Murphy, Senior Underwriter
Lindsay Guttell, Senior Manager
Rebecca Jones, Senior Accounting
JeanPierre CPA, Senior CFO
Bethany Belanger, Senior Banking
Patrick Dignan, Executive Vice President

Northeast Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Northeast Bancorp a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Northeast Bancorp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Northeast Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Northeast Bancorp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Northeast Stock

  0.79AX Axos FinancialPairCorr
  0.77BY Byline Bancorp Fiscal Year End 23rd of January 2025 PairCorr
  0.84PB Prosperity Bancshares Fiscal Year End 22nd of January 2025 PairCorr

Moving against Northeast Stock

  0.53WF Woori Financial GroupPairCorr
  0.53TFC-PO Truist FinancialPairCorr
  0.45TFC-PR Truist FinancialPairCorr
  0.4CFG-PE Citizens FinancialPairCorr
The ability to find closely correlated positions to Northeast Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Northeast Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Northeast Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Northeast Bancorp to buy it.
The correlation of Northeast Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Northeast Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Northeast Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Northeast Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Northeast Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northeast Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northeast Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northeast Bancorp Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northeast Bancorp. If investors know Northeast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northeast Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.05
Dividend Share
0.04
Earnings Share
7.57
Revenue Per Share
20.544
Quarterly Revenue Growth
0.132
The market value of Northeast Bancorp is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Northeast Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northeast Bancorp's market value can be influenced by many factors that don't directly affect Northeast Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northeast Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.