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Northeast Bank (NBN) investor relations material
Northeast Bank Q1 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q1 FY27 net income was $29.0 million; ROE was 18.65% and ROA was 2.21%.
Loan generation totaled $534.3 million; total assets increased $125.8 million, or 2.4%, to $5.35 billion.
Strong lending pipelines and momentum entering Q2; available lending capacity was $1.58 billion using existing capital.
Financial highlights
Net income was $28.990 million, or $3.42 per diluted share, versus $29.853 million in Q4 FY26 and $22.541 million in Q1 FY26.
Net interest income was $58.9 million; NIM was 4.57%, versus 4.80% in Q4 FY26 and 4.59% in Q1 FY26.
Noninterest expense was $24.2 million, up $2.3 million YoY; the 26.2% effective tax rate reflected Q1 stock-vesting tax benefits.
Outlook and guidance
Management cited active purchase and origination pipelines and strong Q2 activity; originated-loan growth may vary with originations and payoffs.
Slower purchase-loan paydowns could support a modest NIM rebound, but payoff timing and rate marks make quarterly results difficult to forecast.
About $1.4 billion of CDs mature within three months; rollover costs may rise ~50 bps, implying ~15 bps of next-quarter cost-of-funds pressure, depending on brokered rates.
SBA loan sales of $35 million per quarter were characterized as a reasonable forward run rate.
- Record earnings, robust loan growth, and strong capital position drive positive outlook.NBN
Q4 2026 - Q3 2026 net income hit $38.5M, with record loan originations and strong asset growth.NBN
Q3 2026 - Strong loan growth and asset expansion offset lower SBA gains and noninterest income.NBN
Q2 2026 - Earnings rose to $22.5M on strong lending, despite lower assets and higher deposit costs.NBN
Q1 2026 - Q4 net income rose 67% year-over-year to $25.2M, with strong loan and deposit growth.NBN
Q4 2025 - Net income hit $17.1M as loan and SBA growth drove record assets and strong capital.NBN
Q1 2025 - Q4 net income rose 25% year-over-year, driven by strong lending, higher yields, and deposit growth.NBN
Q4 2024 - Q3 net income rose 35% year-over-year on strong loan and deposit growth, with robust SBA sales.NBN
Q3 2025 - Q2 net income surged 59% year-over-year on record loan originations and SBA sales.NBN
Q2 2025
Next Northeast Bank earnings date
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