Northeast Bank stock falls 2.16 percent despite EPS beat

Northeast Bank stock fell 2.16 percent to USD 129.01 on Nasdaq on September 23, 2026 at 4:00 p.m. ET, even as the bank's latest quarterly EPS exceeded consensus. The move leaves the shares 9.3 percent below their 52-week high of USD 142.31.

EPS beat meets revenue miss

According to MarketBeat, Northeast Bank reported USD 4.05 in quarterly EPS for the quarter ended June 30, 2026, versus a consensus estimate of USD 3.40. The USD 0.65 beat is substantial, but the revenue result moved in the opposite direction.

Quarterly revenue was USD 65.24 million, while the consensus estimate stood at USD 67.21 million, a shortfall of USD 1.97 million. That combination helps explain why the stock reaction was weaker than the earnings figure alone would suggest.

Profit growth supports valuation

For fiscal year 2026, Northeast Bank generated net income of USD 107.476 million, up from USD 83.443 million in fiscal year 2025. Diluted EPS rose to USD 12.74 from USD 10.08 over the same period, an increase of 26.4 percent.

The annual figures point to a profitable lender, while the quarterly revenue miss highlights the importance of loan growth and interest income in the next reporting cycle. The bank's market capitalization stood at USD 1,069,107,805 on September 23, 2026.

Stock stays below yearly high

Northeast Bank stock stood at USD 129.01 on Nasdaq on September 23, 2026 at 4:00 p.m. ET, with a 52-week range of USD 80.75 to USD 142.31. The current price is 59.8 percent above the yearly low and 9.3 percent below the yearly high.