NasdaqGM:NBNBanks
Should Strong Loan Growth and Rising Net Charge-Offs Require Action From Northeast Bank (NBN) Investors?
Northeast Bank recently reported its second-quarter 2026 results, showing net interest income of US$48.8 million and net income of US$20.74 million, alongside higher net charge-offs of US$2.94 million compared with US$869,000 a year earlier.
Despite the year-over-year dip in quarterly earnings, the bank combined strong loan growth and stable asset quality with a continued, albeit small, cash dividend of US$0.01 per share.
With these results in hand, we’ll explore how robust loan growth amid...