Northeast Bank Hits New 52-Week High of $113.01, Up 102.37%

Northeast Bank (Maine) has reached a significant milestone by hitting a new 52-week high of USD 113.01 on September 18, 2025. This achievement underscores the bank's strong performance in the regional banking sector, particularly impressive given its market capitalization of USD 879 million, categorizing it as a small-cap entity.
Over the past year, Northeast Bank has demonstrated remarkable growth, with a performance increase of 102.37%, significantly outpacing the S&P 500's 17.14% rise. The bank's financial metrics reflect its robust operational efficiency, highlighted by a return on equity of 16.88% and a return on assets of 1.61%. Additionally, the bank maintains a solid capital adequacy ratio of 15.75%, indicating a strong buffer against risk-based assets.

Northeast Bank's price-to-earnings ratio stands at 9.00, while its price-to-book ratio is 1.78, suggesting an attractive valuation relative to its peers. The stock's performance has been bolstered by a notable increase in net profit, which has risen by 30.20%, further solidifying its position in the market.