Northeast Bank Lands New $3 Million Investor as Stock Climbs 15% This Past Year

2 hours ago 1

Jonathan Ponciano, The Motley Fool

Tue, March 3, 2026 astatine 11:48 AM CST 4 min read

On February 17, 2026, PMC FIG Opportunities disclosed a caller presumption successful Northeast Bank (NASDAQ:NBN), acquiring 32,745 shares worthy $3.40 cardinal astatine quarter-end.

According to a Securities and Exchange Commission (SEC) filing dated February 17, 2026, PMC FIG Opportunities initiated a caller presumption successful Northeast Bank, acquiring 32,745 shares. The quarter-end worth of the presumption stood astatine $3.40 million.

This was a caller presumption for the fund, accounting for 5.35% of 13F reportable assets nether absorption arsenic of December 31, 2025.
Top 5 holdings pursuing the filing:
- NASDAQ:CCB: $4.95 cardinal (7.8% of AUM)
- NASDAQ:TBBK: $4.78 cardinal (7.5% of AUM)
- NYSE:SF: $3.94 cardinal (6.2% of AUM)
- NASDAQ:NBN: $3.40 cardinal (5.3% of AUM)
- NYSE:BAC: $3.24 cardinal (5.1% of AUM)
As of February 17, 2026, shares of Northeast Bank were priced astatine $120.52, up 15% implicit the past year.

Metric

Value

Price (as of marketplace adjacent 2/17/26)	$120.52
Market capitalization	$961.47 million
Revenue (TTM)	$208.71 million
Net income (TTM)	$87.18 million

Northeast Bank offers a scope of deposit products, residential and commercialized existent property loans, commercialized and concern loans, user loans, and tiny concern medication loans, arsenic good arsenic integer and in-person banking services.
The steadfast serves idiosyncratic and firm customers, with a absorption connected communities successful Western, Central, and Southern Maine done a web of 9 branches.

Northeast Bank is simply a determination fiscal instauration that differentiates itself done a diversified indebtedness portfolio and a blend of accepted subdivision banking and integer services. Its strategy centers connected serving section businesses and individuals, leveraging longstanding assemblage relationships and a focused determination footprint.

Northeast Bank isn’t a accepted sleepy assemblage lender. It’s a scaled nationalist indebtedness purchaser with section deposits, and that makes this determination peculiarly interesting.

In January, the slope reported $20.7 cardinal successful quarterly nett income, oregon $2.47 per diluted share. For the six months ended December 31, nett income reached $43.3 million, up from $39.5 cardinal a twelvemonth earlier. Total loans climbed to $4.35 billion, up 15.8% from June 30, fueled by astir $896 cardinal successful quarterly indebtedness volume. Net involvement margin, meanwhile, came successful astatine 4.49% for the quarter.

Within a portfolio already concentrated successful determination and specialty banks similar CCB and TBBK, allocating 5.35% of assets to NBN suggests a penchant for high-yielding nationalist lending platforms implicit branch-heavy models. Shares are up 15% implicit the past year, but publication worth per stock has risen to $62.65 from $52.29, giving investors tangible maturation alongside earnings.

For semipermanent investors, the thesis hinges connected disciplined indebtedness purchasing and recognition control. If returns connected purchased loans stay adjacent caller levels and superior ratios enactment strong, this is simply a compounding instrumentality hiding wrong a small-cap bank.

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