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Northeast Bank (Northeast Bank) Pre-Tax Income : $82.1 Mil (TTM As of Dec. 2023)


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What is Northeast Bank Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Northeast Bank's pretax income for the three months ended in Dec. 2023 was $22.4 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $82.1 Mil. Northeast Bank's pretax margin was 59.59%.

During the past 13 years, Northeast Bank's highest Pretax Margin was 74.41%. The lowest was 12.21%. And the median was 37.72%.


Northeast Bank Pre-Tax Income Historical Data

The historical data trend for Northeast Bank's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Northeast Bank Pre-Tax Income Chart

Northeast Bank Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.62 33.28 101.09 61.55 65.22

Northeast Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.02 18.92 18.45 22.32 22.36

Competitive Comparison of Northeast Bank's Pre-Tax Income

For the Banks - Regional subindustry, Northeast Bank's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Northeast Bank's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Northeast Bank's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Northeast Bank's Pre-Tax Income falls into.



Northeast Bank Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Northeast Bank's Pretax Income for the fiscal year that ended in Jun. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+65.215
=65.2

Northeast Bank's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+22.361
=22.4

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $82.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northeast Bank  (NAS:NBN) Pre-Tax Income Explanation

Northeast Bank's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=22.361/37.527
=59.59%

During the past 13 years, Northeast Bank's highest Pretax Margin was 74.41%. The lowest was 12.21%. And the median was 37.72%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Northeast Bank Pre-Tax Income Related Terms

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Northeast Bank (Northeast Bank) Business Description

Traded in Other Exchanges
Address
27 Pearl Street, Portland, ME, USA, 04101
Northeast Bank provides banking and financial services to individual and corporate customers in the US. The firm conducts its loan-related activities through three primary channels: the Community Banking Division, the Loan Acquisition and Servicing Group, and the Small Business Administration Division. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, consumer loans and small business administration loans. The firm also provides telephone banking, online banking, mobile banking, and remote deposit capture services. The revenue of the company is derived primarily from interest and dividends from the bank.
Executives
Richard Wayne director, officer: Chief Executive Officer C/O CAPITAL CROSSING PREFERRED CORP, 101 SUMMER ST, BOSTON MA 02110
Jean-pierre Lapointe officer: CFO / TREASURER C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
Julie Jenkins officer: SVP/Director of Operations C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
David Allen Tanner director C/O ARLON GROUP LLC, 277 PARK AVE, NEW YORK NY 10172
Patrick D Dignan officer: Executive Vice President C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
Peter Walter Mcclean director C/O PNMAC CAPITAL MANAGEMENT, LLC, 27001 AGOURA ROAD, CALABASAS CA 91301
Magnolia Capital Fund, Lp 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Adam K Peterson 10 percent owner 1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Lindsay Wiedemann officer: Corporate Controller C/O NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240
Claire S Bean officer: CFO and COO C/O BENJAMIN FRANKLIN BANK, 58 MAIN STREET, P.O. BOX 309, FRANKLIN MA 02038-0309
Brian Pinheiro officer: Chief Risk Officer NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240-6594
Brian W. Shaughnessy officer: Chief Financial Officer NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240-6594
John C Orestis director NORTHEAST BANK, 500 CANAL STREET, LEWISTON ME 04240
William F. Difulvio officer: Chief Risk Officer NORTHEAST BANCORP, 500 CANAL STREET, LEWISTON ME 04240