Northeast Bank logo NBN - Northeast Bank

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| PRICE TARGET: $145.00 DETAILS
HIGH: $145.00
LOW: $145.00
MEDIAN: $145.00
CONSENSUS: $145.00
UPSIDE: 6.38%

About Northeast Bank (https://www.northeastbank.com)

Headquartered in Portland, Maine, and established in 1872, Northeast Bank delivers a broad spectrum of banking and financial solutions to individuals and businesses throughout the state. Its diverse deposit offerings encompass checking, savings, money market, and certificate of deposit accounts, in addition to NOW accounts and individual retirement accounts. The bank's robust loan portfolio features residential mortgages, commercial real estate financing (including multi-family properties), and a range of commercial and industrial loans such as term loans, lines of credit, and equipment and receivables financing. Consumer lending options extend to mobile home, overdraft, and deposit-secured loans, alongside Small Business Administration loans. Furthermore, Northeast Bank provides an extensive suite of modern banking conveniences, including telephone, online, and mobile banking, bill payment services, cash management, and remote deposit capture. Clients also benefit from debit and credit card services, ATM access, electronic transfers, and check processing. The institution supports its customer base through nine branch locations spanning Western, Central, and Southern Maine.

Key Executives

NAME TITLE DOB SALARY
Richard N. Wayne President, Chief Executive Officer & Director 1952 $2,378,839 USD
Patrick Dignan Executive Vice President & Chief Operating Officer 1963 $1,876,525 USD
Robert Banaski Senior Vice President & Chief Retail Banking Officer 1970 $510,755 USD
Christine Downey Chief Risk Officer 1965 $492,886 USD
Julie A. Jenkins Senior VP & Information Security Officer 1964 $475,768 USD
Brian Fenwick Managing Director of Loan Underwriting
Christopher Cooper General Counsel
Heidi Jacques Senior Vice President & Director of Human Resources
Rebecca Rand Senior Vice President & Director of Accounting
Santino Delmolino Chief Financial Officer & Corporate Controller

Company Peers

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