Northeast Bancorp: Fiscal 4Q Earnings Snapshot
LEWISTON, Maine (AP) _ Northeast Bancorp (NBN) on Monday reported fiscal fourth-quarter profit of $4.3 million.
On a per-share basis, the Lewiston, Maine-based company said it had net income of 48 cents.
The holding company for Northeast Bank posted revenue of $19.9 million in the period. Its adjusted revenue was $16.4 million.
For the year, the company reported profit of $16.2 million, or $1.77 per share. Revenue was reported as $60.3 million.
Northeast Bancorp shares have dropped 11 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $20.65, a fall of 3.5 percent in the last 12 months.