Northeast Bancorp: Overview of Second Quarter Financial Results

Northeast Bancorp Announces Second Quarter Results

Northeast Bancorp, headquartered in Portland, Maine, has released its financial results for the fiscal second quarter, reporting a net income of $20.7 million.

The company achieved earnings of $2.47 per share during this period.

For the quarter, the parent company of Northeast Bank recorded total revenue of $87.1 million, with adjusted revenue amounting to $51.8 million.

This article was produced by Automated Insights using information provided by Zacks Investment Research.