Northeast Historical Income Statement

NBN Stock

USD 101.40 3.67 3.76%

Historical analysis of Northeast Bancorp income statement accounts such as Ebit of 92.5 M can show how well Northeast Bancorp performed in making a profits. Evaluating Northeast Bancorp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Northeast Bancorp's future profits or losses.

Cash Flow Balance Sheet Income Statement

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Financial Statement Analysis is much more than just reviewing and examining Northeast Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Northeast Bancorp is a good buy for the upcoming year.

Net Income Gross Profit

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.

About Northeast Income Statement Analysis

Northeast Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Northeast Bancorp shareholders. The income statement also shows Northeast investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Northeast Bancorp Income Statement Chart

At this time, Northeast Bancorp's Net Income is very stable compared to the past year. As of the 23rd of November 2024, Income Tax Expense is likely to grow to about 31.4 M, while Total Other Income Expense Net is likely to drop (1.3 M).

Other Operating Expenses Operating Income Ebitda Net Income Income Tax Expense Total Revenue

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Northeast Bancorp. It is also known as Northeast Bancorp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Northeast Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Northeast Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Northeast Bancorp financial statement analysis. It represents the amount of money remaining after all of Northeast Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Total Revenue

Total revenue comprises all receipts Northeast Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Most accounts from Northeast Bancorp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Northeast Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.At this time, Northeast Bancorp's Net Income is very stable compared to the past year. As of the 23rd of November 2024, Income Tax Expense is likely to grow to about 31.4 M, while Total Other Income Expense Net is likely to drop (1.3 M).

	2021	2022	2023	2024 (projected)
Operating Income	66.7M	65.2M	89.4M	93.8M
Other Operating Expenses	38.0M	56.3M	151.2M	158.8M

Operating Income Other Operating Expenses

Northeast Bancorp income statement Correlations

	Interest Expense	Other Operating Expenses	Operating Income	Ebit	Ebitda	Total Operating Expenses	Net Income	Income Tax Expense	Depreciation And Amortization	Selling General Administrative	Total Revenue	Gross Profit	Income Before Tax	Total Other Income Expense Net	Cost Of Revenue	Selling And Marketing Expenses	Discontinued Operations	Net Income From Continuing Ops	Non Recurring	Tax Provision	Net Interest Income	Interest Income	Reconciled Depreciation	Extraordinary Items
Interest Expense		0.97	0.69	0.69	0.7	0.86	0.67	0.75	0.67	0.78	0.78	0.93	0.7	0.16	-0.51	0.46	-0.25	0.67	0.88	0.57	0.77	0.98	0.66	0.88
Other Operating Expenses	0.97		0.73	0.73	0.73	0.9	0.71	0.79	0.68	0.81	0.82	0.97	0.74	0.22	-0.53	0.43	-0.3	0.71	0.91	0.6	0.74	0.96	0.66	0.91
Operating Income	0.69	0.73		1.0	1.0	0.5	0.99	0.99	0.84	0.83	0.98	0.88	0.99	0.21	-0.79	0.38	-0.46	0.99	0.57	0.91	0.76	0.77	0.74	0.57
Ebit	0.69	0.73	1.0		1.0	0.5	0.99	0.98	0.84	0.83	0.98	0.88	0.99	0.22	-0.78	0.38	-0.46	0.99	0.58	0.91	0.76	0.77	0.73	0.58
Ebitda	0.7	0.73	1.0	1.0		0.5	0.99	0.99	0.85	0.83	0.98	0.88	0.99	0.23	-0.79	0.38	-0.46	0.99	0.57	0.91	0.76	0.77	0.74	0.57
Total Operating Expenses	0.86	0.9	0.5	0.5	0.5		0.48	0.56	0.35	0.51	0.55	0.82	0.5	0.01	-0.21	0.3	-0.04	0.48	0.93	0.37	0.49	0.81	0.34	0.93
Net Income	0.67	0.71	0.99	0.99	0.99	0.48		0.99	0.84	0.78	0.97	0.87	1.0	0.31	-0.79	0.39	-0.38	1.0	0.56	0.94	0.76	0.75	0.79	0.56
Income Tax Expense	0.75	0.79	0.99	0.98	0.99	0.56	0.99		0.86	0.84	0.98	0.92	1.0	0.3	-0.77	0.4	-0.42	0.99	0.63	0.92	0.79	0.82	0.81	0.63
Depreciation And Amortization	0.67	0.68	0.84	0.84	0.85	0.35	0.84	0.86		0.88	0.9	0.78	0.84	0.48	-0.85	0.42	-0.43	0.84	0.47	0.79	0.8	0.75	0.85	0.47
Selling General Administrative	0.78	0.81	0.83	0.83	0.83	0.51	0.78	0.84	0.88		0.91	0.86	0.8	0.24	-0.75	0.42	-0.63	0.78	0.61	0.69	0.79	0.82	0.73	0.61
Total Revenue	0.78	0.82	0.98	0.98	0.98	0.55	0.97	0.98	0.9	0.91		0.93	0.97	0.29	-0.81	0.43	-0.49	0.97	0.64	0.89	0.82	0.85	0.81	0.64
Gross Profit	0.93	0.97	0.88	0.88	0.88	0.82	0.87	0.92	0.78	0.86	0.93		0.88	0.22	-0.65	0.44	-0.37	0.86	0.85	0.76	0.79	0.95	0.72	0.85
Income Before Tax	0.7	0.74	0.99	0.99	0.99	0.5	1.0	1.0	0.84	0.8	0.97	0.88		0.31	-0.78	0.39	-0.39	1.0	0.58	0.93	0.77	0.78	0.8	0.58
Total Other Income Expense Net	0.16	0.22	0.21	0.22	0.23	0.01	0.31	0.3	0.48	0.24	0.29	0.22	0.31		-0.46	-0.05	-0.08	0.31	0.1	0.32	0.26	0.21	0.67	0.1
Cost Of Revenue	-0.51	-0.53	-0.79	-0.78	-0.79	-0.21	-0.79	-0.77	-0.85	-0.75	-0.81	-0.65	-0.78	-0.46		-0.36	0.38	-0.79	-0.34	-0.75	-0.73	-0.62	-0.8	-0.34
Selling And Marketing Expenses	0.46	0.43	0.38	0.38	0.38	0.3	0.39	0.4	0.42	0.42	0.43	0.44	0.39	-0.05	-0.36		0.02	0.39	0.44	0.47	0.6	0.5	0.43	0.44
Discontinued Operations	-0.25	-0.3	-0.46	-0.46	-0.46	-0.04	-0.38	-0.42	-0.43	-0.63	-0.49	-0.37	-0.39	-0.08	0.38	0.02		-0.39	-0.15	-0.32	-0.32	-0.27	-0.28	-0.15
Net Income From Continuing Ops	0.67	0.71	0.99	0.99	0.99	0.48	1.0	0.99	0.84	0.78	0.97	0.86	1.0	0.31	-0.79	0.39	-0.39		0.56	0.94	0.76	0.75	0.79	0.56
Non Recurring	0.88	0.91	0.57	0.58	0.57	0.93	0.56	0.63	0.47	0.61	0.64	0.85	0.58	0.1	-0.34	0.44	-0.15	0.56		0.55	0.71	0.85	0.5	1.0
Tax Provision	0.57	0.6	0.91	0.91	0.91	0.37	0.94	0.92	0.79	0.69	0.89	0.76	0.93	0.32	-0.75	0.47	-0.32	0.94	0.55		0.84	0.66	0.82	0.55
Net Interest Income	0.77	0.74	0.76	0.76	0.76	0.49	0.76	0.79	0.8	0.79	0.82	0.79	0.77	0.26	-0.73	0.6	-0.32	0.76	0.71	0.84		0.84	0.84	0.71
Interest Income	0.98	0.96	0.77	0.77	0.77	0.81	0.75	0.82	0.75	0.82	0.85	0.95	0.78	0.21	-0.62	0.5	-0.27	0.75	0.85	0.66	0.84		0.74	0.85
Reconciled Depreciation	0.66	0.66	0.74	0.73	0.74	0.34	0.79	0.81	0.85	0.73	0.81	0.72	0.8	0.67	-0.8	0.43	-0.28	0.79	0.5	0.82	0.84	0.74		0.5
Extraordinary Items	0.88	0.91	0.57	0.58	0.57	0.93	0.56	0.63	0.47	0.61	0.64	0.85	0.58	0.1	-0.34	0.44	-0.15	0.56	1.0	0.55	0.71	0.85	0.5

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Northeast Bancorp Account Relationship Matchups

Northeast Bancorp income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Interest Expense	18.7M	11.0M	5.1M	58.4M	109.3M	114.8M
Other Operating Expenses	42.8M	34.8M	38.0M	56.3M	151.2M	158.8M
Operating Income	33.3M	101.1M	66.7M	65.2M	89.4M	93.8M
Ebit	33.3M	101.1M	61.5M	65.2M	88.1M	92.5M
Ebitda	36.2M	103.7M	64.2M	68.4M	91.2M	95.7M
Total Operating Expenses	(42.8M)	(34.8M)	(38.0M)	(56.3M)	151.2M	158.8M
Net Income	22.7M	71.5M	42.2M	44.2M	58.2M	61.1M
Income Tax Expense	10.5M	29.6M	19.4M	21.0M	29.9M	31.4M
Depreciation And Amortization	3.0M	2.6M	2.6M	3.2M	3.1M	3.2M
Selling General Administrative	28.9M	27.2M	36.1M	36.9M	42.9M	45.0M
Total Revenue	76.1M	135.9M	104.7M	121.5M	151.2M	158.8M
Gross Profit	76.1M	135.9M	104.7M	121.5M	263.8M	277.0M
Income Before Tax	33.3M	101.1M	61.5M	65.2M	88.1M	92.5M
Total Other Income Expense Net	33.3M	(20K)	(577K)	(939K)	(1.3M)	(1.3M)
Net Income Applicable To Common Shares	13.9M	22.7M	71.5M	42.2M	48.5M	50.9M
Selling And Marketing Expenses	337K	542K	733K	922K	1M	632.5K
Net Income From Continuing Ops	22.7M	71.5M	42.2M	44.2M	58.2M	61.1M
Tax Provision	10.5M	29.6M	19.4M	21.0M	29.9M	15.3M
Net Interest Income	65.0M	67.1M	83.4M	118.8M	148.6M	79.5M
Interest Income	83.7M	78.1M	88.5M	177.2M	257.9M	270.8M
Reconciled Depreciation	3.0M	2.6M	2.6M	3.2M	3.1M	2.7M

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

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

Moving against Northeast Stock

0.53	WF	Woori Financial Group	Pair Corr
0.53	TFC-PO	Truist Financial	Pair Corr
0.45	TFC-PR	Truist Financial	Pair Corr
0.4	CFG-PE	Citizens Financial	Pair Corr

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 Correlation Correlation 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:

How To Invest In Northeast

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Is Northeast Stock a good investment?

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What is Northeast Bancorp's Net Worth?

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Largest Regional Banks Companies

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Largest Banks - Regional Companies

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To learn how to invest in Northeast Stock, please use our How to Invest in Northeast Bancorp guide.

You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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.

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Northeast Historical Income Statement

About Northeast Income Statement Analysis

Northeast Bancorp Income Statement Chart

Other Operating Expenses

Operating Income

Net Income

Total Revenue

Northeast Bancorp income statement Correlations

Northeast Bancorp Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Northeast Bancorp income statement Accounts

Pair Trading with Northeast Bancorp

Moving together with Northeast Stock

Moving against Northeast Stock

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COMPANY

Ebit	+ 1.0	Operating Income
Ebitda	+ 1.0	Operating Income
Ebitda	+ 1.0	Ebit
Income Before Tax	+ 1.0	Net Income
Net Income From Continuing Ops	+ 1.0	Net Income
Income Before Tax	+ 1.0	Income Tax Expense

Cost Of Revenue	- 0.85	Depreciation And Amortization
Cost Of Revenue	- 0.81	Total Revenue
Reconciled Depreciation	- 0.8	Cost Of Revenue
Net Income From Continuing Ops	- 0.79	Cost Of Revenue
Cost Of Revenue	- 0.79	Net Income
Cost Of Revenue	- 0.79	Ebitda