Northeast Bank reported its earnings for the second quarter (Q2) of its fiscal year 2029. The company posted a net income of USD 20.7 million for Q2, with a year-to-date (YTD) net income of USD 43.3 million. Diluted earnings per share $(EPS)$ stood at USD 2.47 for Q2 and USD 5.14 YTD. Total loan volume for the quarter reached USD 895.7 million, while the YTD figure was USD 1.2 billion. The bank’s net interest margin for Q2 was 4.49 percent and 4.54 percent YTD. Return on equity for Q2 was 15.62 percent and 16.61 percent YTD, with return on assets at 1.87 percent and 2.00 percent YTD. Tangible book value per share was reported at USD 62.65. The company’s efficiency ratio for Q2 was 39 percent. The bank’s loan capacity as of December 31, 2025, was USD 984.2 million. No share issuances took place during the period, with USD 65.4 million available under the at-the-market offering program.

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