OverviewSuggest Edit

Northeast is a bank holding company for Northeast Bank. The Company provides a range of banking services to individual and corporate customers throughout south-central and western Maine and conducts loan purchasing and origination activities nationwide through its subsidiary. Northeast offers various loans, such as commercial and industrial loans, consumer loans, multi-family and other commercial real estate loans, and residential loans.

TypePublic
Founded1872
HQLewiston, US
Websitenortheastbank.com

Latest Updates

Employees (est.) (Jun 2018)167(-5%)
Job Openings5
Revenue (FY, 2018)$7 M(-27%)
Share Price (Oct 2020)$20.4
Cybersecurity ratingAMore

Key People/Management at Northeast

Patrick Dignan

Patrick Dignan

EVP
Christopher Hickey

Christopher Hickey

Managing Director
Jp Lapointe

Jp Lapointe

Chief Financial Officer and Treasurer
Brian Pinheiro

Brian Pinheiro

Chief Risk Officer
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Northeast Office Locations

Northeast has offices in Lewiston, Auburn, Augusta, Bangor and in 9 other locations
Lewiston, US (HQ)
500 Canal St
Auburn, US
232 Center St
Augusta, US
235 Western Ave
Bangor, US
21 Main St
Bethel, US
11 Main St
Boston, US
200 Berkeley St
Show all (13)

Northeast Financials and Metrics

Northeast Revenue

Northeast's revenue was reported to be $7.03 m in FY, 2018
USD

Revenue (Q3, 2019)

1.9m

Net income (Q3, 2019)

4.8m

Market capitalization (26-Oct-2020)

167.3m

Closing stock price (26-Oct-2020)

20.4

Cash (31-Mar-2019)

152.9m

EV

29.4m
Northeast's current market capitalization is $167.3 m.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

12.2m4.9m7.1m7.8m9.7m7.0m

Revenue growth, %

16%6%

Sales and marketing expense

1.0m311.0k244.0k285.0k392.0k472.0k

R&D expense

1.1m1.2m1.4m1.5m1.7m2.4m
Annual
USDFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

4.4m2.7m7.1m7.6m12.3m16.2m

Depreciation and Amortization

1.3m1.7m2.7m2.3m2.1m1.9m1.7m

Cash From Operating Activities

1.3m(5.5m)(1.7m)5.1m34.0m19.5m

Purchases of PP&E

(2.9m)(1.1m)(1.2m)(1.2m)(695.0k)(981.0k)
USDQ1, 2012

Financial Leverage

8.9 x
Show all financial metrics

Northeast Operating Metrics

Northeast's Total Loans was reported to be $741.7m in Q3, 2017.
FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Non-performing Loans

$7.33 m$7.33 m$12.25 m$10.45 m$10.75 m$10.81 m$12.25 m$8.75 m$7.83 m$8.92 m$10.20 m$14.82 m

Total Loans

$515.05 m$541.80 m$516.42 m$579.19 m$612.14 m$625.84 m$575.34 m$699.07 m$690.09 m$721.42 m$766.94 m$741.73 m
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Northeast Cybersecurity Score

Cybersecurity ratingPremium dataset

A

93/100

SecurityScorecard logo

Northeast Online and Social Media Presence

Embed Graph

Northeast News and Updates

In last article, Kuldip Nayar told govt to focus on Northeast's development

With the general elections due next year, the BJP cannot afford to ignore the problems Northeast is facing, he said

East, Northeast India raising funds to help rebuild Kerala

As rain-battered Kerala faces the gigantic task of rehabilitation and rebuilding, several organisations in eastern and north-eastern India have begun collecting funds and relief materials to help the people affected in the idyllic southern state to tide over the crisis. Malayali and Keralite associa…

First Mining Intersects 2.44 g/t Gold Over 108 Metres 10kms Northeast of Current Resource Area

VANCOUVER, British Columbia, Aug. 20, 2018 (GLOBE NEWSWIRE) -- First Mining Gold Corp. (TSX:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) (“First Mining” or the “Company”) is pleased to announce initial fire assay results from a regional exploration drilling program, currently underway at the Company’s wholly…

Ohio Secretary of State's Office to Honor Two Northeast Ohio Businesses

COLUMBUS – Seeds of Literacy in Cleveland and Oberlin Heritage Center in Oberlin have been selected by Secretary of State Jon Husted as two of August’s featured businesses for the Ohio Business Profile program. read more

Kingdom of Saudi Arabia Contributes $100 Million for Syria's Stabilization Efforts: Raqqa and Areas of Northeast Syria Liberated from ISIS

WASHINGTON, Aug. 16, 2018 /PRNewswire/ -- The Kingdom of Saudi Arabia, in its continued commitment to serve as stabilizing force in the region, has contributed $100 million dollars for Global Coalition to Defeat ISIS-supported stabilization projects in areas liberated from ISIS in...

GMS Named 3rd-Largest Employer in Northeast Ohio

RICHFIELD, Ohio, Aug. 16, 2018 /PRNewswire/ -- Group Management Services Inc., a Certified Professional Employer Organization based in Richfield, Ohio, has been named the third-largest employer in Northeast Ohio by Crain's Cleveland Business. The list ranks the 100 largest employers in...
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Northeast Frequently Asked Questions

  • When was Northeast founded?

    Northeast was founded in 1872.

  • Who are Northeast key executives?

    Northeast's key executives are Patrick Dignan, Christopher Hickey and Jp Lapointe.

  • How many employees does Northeast have?

    Northeast has 167 employees.

  • What is Northeast revenue?

    Latest Northeast annual revenue is $7 m.

  • What is Northeast revenue per employee?

    Latest Northeast revenue per employee is $42.1 k.

  • Who are Northeast competitors?

    Competitors of Northeast include Camden National, New Peoples Bankshares and Greenhill & Co.

  • Where is Northeast headquarters?

    Northeast headquarters is located at 500 Canal St, Lewiston.

  • Where are Northeast offices?

    Northeast has offices in Lewiston, Auburn, Augusta, Bangor and in 9 other locations.

  • How many offices does Northeast have?

    Northeast has 13 offices.