Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, cash management, and remote deposit capture services, as well as debit and credit card, ATM, electronic transfer, and check services. It operates a network of nine branches in Western, Central, and Southern Maine. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine.
Revenue of Northeast Bank (NBN)
Revenue in 2023 (TTM): $263.77 M
According to Northeast Bank's latest financial reports the company's current revenue (TTM) is $263.77 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of Northeast Bank
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $263.77 M | $263.77 M | $-1,262,000 | $88.12 M | $58.23 M |
| 2022 | $121.54 M | $121.54 M | $68.43 M | $65.22 M | $44.19 M |
| 2021 | $104.67 M | $104.67 M | $69.26 M | $61.55 M | $42.16 M |
| 2020 | $135.85 M | $135.85 M | $103.69 M | $101.09 M | $71.5 M |
| 2019 | $76.11 M | $76.11 M | $36.23 M | $33.28 M | $22.74 M |
| 2018 | $66.52 M | $66.52 M | $40.88 M | $19.62 M | $13.88 M |
| 2017 | $58.98 M | $58.98 M | $37.51 M | $23.2 M | $16.17 M |
| 2016 | $55.79 M | $55.79 M | $32.12 M | $20.14 M | $12.34 M |
| 2015 | $45.79 M | $45.79 M | $21.69 M | $11.72 M | $7.62 M |
| 2014 | $43 M | $43 M | $20.61 M | $11.14 M | $7.14 M |
| 2013 | $35.05 M | $35.05 M | $13.67 M | $4.28 M | $2.69 M |
| 2012 | $40.41 M | $40.41 M | $15.65 M | $6.37 M | $4.42 M |
| 2011 | $30.4 M | $30.4 M | $11.23 M | $1.2 M | $2.16 M |
| 2010 | $48.42 M | $48.42 M | $26.78 M | $15.06 M | $14.35 M |
| 2009 | $29.89 M | $29.89 M | $17.93 M | $2.61 M | $1.72 M |
| 2008 | $28.32 M | $28.32 M | $19.74 M | $997.64 K | $824.6 K |
| 2007 | $25.15 M | $25.15 M | $25.24 M | $2.46 M | $1.93 M |
| 2006 | $23.53 M | $23.53 M | $23.97 M | $2.47 M | $1.89 M |
| 2005 | $25.29 M | $25.29 M | $23.91 M | $5.86 M | $4 M |
| 2004 | $23.86 M | $23.86 M | $20.8 M | $5.87 M | $4.02 M |
| 2003 | $20.92 M | $20.92 M | $18.11 M | $5.16 M | $3.51 M |
| 2002 | $20.35 M | $20.35 M | $20.36 M | $5.73 M | $3.86 M |
| 2001 | $18.89 M | $18.89 M | $23.69 M | $5.9 M | $3.85 M |
| 2000 | $17.13 M | $17.13 M | $28.1 M | $5.37 M | $3.48 M |
| 1999 | $16.59 M | $16.59 M | $24.41 M | $4.97 M | $3.21 M |
| 1998 | $15 M | $15 M | $19.6 M | $3.8 M | $2.4 M |
| 1997 | $14.2 M | $14.2 M | $17.4 M | $3.7 M | $2.4 M |
| 1996 | $11.5 M | $11.5 M | $13.8 M | $2.4 M | $1.5 M |
| 1995 | $11 M | $11 M | $12 M | $1.9 M | $1.2 M |
| 1994 | $11 M | $11 M | $11.3 M | $2.4 M | $1.5 M |
| 1993 | $10.1 M | $10.1 M | $9.2 M | $1.9 M | $1.5 M |
| 1992 | $8.6 M | $8.6 M | $9.8 M | $2 M | $1.2 M |
| 1991 | $6.7 M | $6.7 M | $10.2 M | $1.8 M | $1.1 M |
| 1990 | $5.6 M | $5.6 M | $10.6 M | $1000 K | $600 K |
| 1989 | $3.6 M | $3.6 M | $5.9 M | $1.4 M | $900 K |
| 1988 | $ | $ | $1.1 M | $ | $1.1 M |
| 1987 | $ | $ | $900 K | $ | $900 K |