Announcement • Jul 16
Northeast Bank to Report Q4, 2026 Results on Jul 27, 2026 Northeast Bank announced that they will report Q4, 2026 results on Jul 27, 2026 Buy Or Sell Opportunity • Jul 07
Now 23% undervalued Over the last 90 days, the stock has risen 15% to €114. The fair value is estimated to be €147, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 17% in a year. Earnings are forecast to grow by 19% in the next year. Board Change • May 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 6 highly experienced directors. Independent Director Bill Mayer was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 29
Northeast Bank announces Quarterly dividend, payable on May 26, 2026 Northeast Bank announced Quarterly dividend of USD 0.0100 per share payable on May 26, 2026, ex-date on May 12, 2026 and record date on May 12, 2026. Announcement • Apr 21
Northeast Bank to Report Q3, 2026 Results on Apr 27, 2026 Northeast Bank announced that they will report Q3, 2026 results on Apr 27, 2026 Announcement • Jan 23
Northeast Bank to Report Q2, 2026 Results on Jan 26, 2026 Northeast Bank announced that they will report Q2, 2026 results During-Market on Jan 26, 2026 Announcement • Oct 29
Northeast Bank, Annual General Meeting, Nov 18, 2025 Northeast Bank, Annual General Meeting, Nov 18, 2025. Location: at the offices of goodwin procter llp, located at 100 northern avenue, massachusetts 02210, boston United States Announcement • Oct 21
Northeast Bank to Report Q1, 2026 Results on Oct 28, 2025 Northeast Bank announced that they will report Q1, 2026 results on Oct 28, 2025 Announcement • Sep 30
Northeast Bank Announces CFO Changes, Effective October 31, 2025 Northeast Bank announced that Richard Cohen has informed the Bank that he will step down as Chief Financial Officer to pursue other opportunities. Mr. Cohen will continue in his role through October 31, 2025. Santino Delmolino, who currently serves as the Corporate Controller of the Bank, will assume the role of CFO, effective October 31, 2025. Mr. Delmolino is an experienced financial executive with deep knowledge of the Bank’s business and leadership experience at financial services companies and public accounting firms. Prior to joining Northeast in 2024, Mr. Delmolino held the positions of Director and Senior Manager in the accounting department at Fidelity Investments. Prior to that, he progressed within KPMG's audit practice, holding the position of Senior Manager most recently. Mr. Delmolino earned a Bachelor of Science degree in Business Administration and a Master of Science degree in Accounting from Western New England University. He is a certified public accountant, licensed with the Commonwealth of Massachusetts. Announcement • Jul 23
Northeast Bank to Report Q4, 2025 Results on Jul 28, 2025 Northeast Bank announced that they will report Q4, 2025 results on Jul 28, 2025 Announcement • May 02
Northeast Bank Reports Net Charge-Offs for the third Quarter Ended March 31, 2025 Northeast Bank reported Net charge-offs for the third quarter ended March 31, 2025. For the quarter, the company reported Net charge-offs of $2,082,000 against $2,225,000 a year ago. Announcement • May 01
Northeast Bank announces Quarterly dividend, payable on May 27, 2025 Northeast Bank announced Quarterly dividend of USD 0.0100 per share payable on May 27, 2025, ex-date on May 13, 2025 and record date on May 13, 2025. Announcement • Apr 24
Northeast Bank to Report Q3, 2025 Results on Apr 29, 2025 Northeast Bank announced that they will report Q3, 2025 results on Apr 29, 2025 Announcement • Feb 06
Northeast Bank to Report Q2, 2025 Results on Feb 06, 2025 Northeast Bank announced that they will report Q2, 2025 results on Feb 06, 2025 Announcement • Dec 11
Northeast Bank has filed a Follow-on Equity Offering in the amount of $75 million. Northeast Bank has filed a Follow-on Equity Offering in the amount of $75 million.
Security Name: Common Stock
Security Type: Common Stock
Transaction Features: At the Market Offering New Risk • Nov 15
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €177k This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Shareholders have been diluted in the past year (5.3% increase in shares outstanding). Significant insider selling over the past 3 months (€177k sold). Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €94.00, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 7x in the Banks industry in Europe. Total returns to shareholders of 206% over the past three years. Declared Dividend • Nov 04
First quarter dividend of US$0.01 announced Shareholders will receive a dividend of US$0.01. Ex-date: 12th November 2024 Payment date: 26th November 2024 Dividend yield will be 0.05%, which is lower than the industry average of 4.8%. Reported Earnings • Nov 01
First quarter 2025 earnings released: EPS: US$2.17 (vs US$2.03 in 1Q 2024) First quarter 2025 results: EPS: US$2.17 (up from US$2.03 in 1Q 2024). Revenue: US$42.7m (up 13% from 1Q 2024). Net income: US$17.1m (up 13% from 1Q 2024). Profit margin: 40% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 44% per year, which means it is well ahead of earnings. Announcement • Oct 24
Northeast Bank to Report Q1, 2025 Results on Oct 29, 2024 Northeast Bank announced that they will report Q1, 2025 results on Oct 29, 2024 Valuation Update With 7 Day Price Move • Oct 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €80.00, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 166% over the past three years. Reported Earnings • Sep 20
Full year 2024 earnings released: EPS: US$7.69 (vs US$6.02 in FY 2023) Full year 2024 results: EPS: US$7.69 (up from US$6.02 in FY 2023). Revenue: US$152.7m (up 26% from FY 2023). Net income: US$58.2m (up 32% from FY 2023). Profit margin: 38% (up from 36% in FY 2023). The increase in margin was driven by higher revenue. Net interest margin (NIM): 5.16% (down from 5.24% in FY 2023). Cost-to-income ratio: 41.8% (down from 45.6% in FY 2023). Non-performing loans: 0.97% (up from 0.62% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 31% per year, which means it is well ahead of earnings. Declared Dividend • Aug 04
Fourth quarter dividend of US$0.01 announced Shareholders will receive a dividend of US$0.01. Ex-date: 9th August 2024 Payment date: 23rd August 2024 Dividend yield will be 0.06%, which is lower than the industry average of 4.8%. Reported Earnings • Jul 30
Full year 2024 earnings released: EPS: US$7.69 (vs US$6.02 in FY 2023) Full year 2024 results: EPS: US$7.69 (up from US$6.02 in FY 2023). Revenue: US$152.7m (up 26% from FY 2023). Net income: US$58.2m (up 32% from FY 2023). Profit margin: 38% (up from 36% in FY 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 37% per year, which means it is well ahead of earnings. Announcement • Jul 30
Northeast Bank Declares Cash Dividend, Payable on August 23, 2024 Northeast Bank announced the Board of Directors declared a cash dividend of $0.01 per share, payable on August 23, 2024, to shareholders of record as of August 9, 2024. Announcement • Jul 25
Northeast Bank to Report Q4, 2024 Results on Jul 29, 2024 Northeast Bank announced that they will report Q4, 2024 results on Jul 29, 2024 Declared Dividend • May 06
Third quarter dividend of US$0.01 announced Shareholders will receive a dividend of US$0.01. Ex-date: 10th May 2024 Payment date: 27th May 2024 Dividend yield will be 0.07%, which is lower than the industry average of 4.8%. New Risk • May 03
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 4.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Reported Earnings • May 02
Third quarter 2024 earnings released: EPS: US$1.85 (vs US$1.70 in 3Q 2023) Third quarter 2024 results: EPS: US$1.85 (up from US$1.70 in 3Q 2023). Revenue: US$37.5m (up 14% from 3Q 2023). Net income: US$13.9m (up 11% from 3Q 2023). Profit margin: 37% (down from 38% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 27% per year, which means it is well ahead of earnings. Announcement • May 01
Northeast Bank Declares Cash Dividend, Payable on May 27, 2024 The Board of Directors of Northeast Bank declared a cash dividend of $0.01 per share, payable on May 27, 2024, to shareholders of record as of May 13, 2024. Announcement • Apr 27
Northeast Bank to Report Q3, 2024 Results on Apr 30, 2024 Northeast Bank announced that they will report Q3, 2024 results on Apr 30, 2024 Declared Dividend • Feb 05
Second quarter dividend of US$0.01 announced Shareholders will receive a dividend of US$0.01. Ex-date: 9th February 2024 Payment date: 26th February 2024 Dividend yield will be 0.08%, which is lower than the industry average of 4.8%. Recent Insider Transactions • Feb 04
Insider recently sold €674k worth of stock On the 31st of January, Jean-Pierre Lapointe sold around 13k shares on-market at roughly €50.54 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €696k more than they bought in the last 12 months. Reported Earnings • Feb 01
Second quarter 2024 earnings released: EPS: US$1.87 (vs US$1.56 in 2Q 2023) Second quarter 2024 results: EPS: US$1.87 (up from US$1.56 in 2Q 2023). Revenue: US$38.0m (up 28% from 2Q 2023). Net income: US$14.1m (up 24% from 2Q 2023). Profit margin: 37% (down from 38% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 34% per year, which means it is well ahead of earnings. Announcement • Jan 31
Northeast Bank Declares Dividend, Payable on February 26, 2024 The Board of Directors of Northeast Bank declared a cash dividend of $0.01 per share, payable on February 26, 2024, to shareholders of record as of February 12, 2024. Announcement • Jan 26
Northeast Bank to Report Q2, 2024 Results on Jan 30, 2024 Northeast Bank announced that they will report Q2, 2024 results on Jan 30, 2024 Announcement • Jan 25
Northeast Bank Announces Chief Financial Officer Changes Northeast Bank announced the hiring of Richard Cohen, who will be appointed as Chief Financial Officer of the Bank, effective February 1, 2024. Mr. Cohen will succeed Chief Financial Officer Jean-Pierre Lapointe upon his departure from the Bank. Mr. Cohen, 51, joins the Bank directly from Grey Matter Thinking, where he was the founder and Chief Executive Officer. Prior to that, he was a Partner in KPMG’s Financial Services Practice in Johannesburg and subsequently in London. Mr. Cohen holds two Bachelors’ degrees and one Master’s degree in Commerce, as well as a Postgraduate Diploma in Accounting. He is a qualified Chartered Accountant (CA(SA)), and a CFA Charterholder. Reported Earnings • Oct 25
First quarter 2024 earnings released: EPS: US$2.03 (vs US$1.13 in 1Q 2023) First quarter 2024 results: EPS: US$2.03 (up from US$1.13 in 1Q 2023). Revenue: US$37.7m (up 54% from 1Q 2023). Net income: US$15.2m (up 83% from 1Q 2023). Profit margin: 40% (up from 34% in 1Q 2023). The increase in margin was driven by higher revenue. Announcement • Oct 19
Northeast Bank to Report Q1, 2024 Results on Oct 23, 2023 Northeast Bank announced that they will report Q1, 2024 results on Oct 23, 2023 Reported Earnings • Sep 14
Full year 2023 earnings released: EPS: US$6.02 (vs US$5.40 in FY 2022) Full year 2023 results: EPS: US$6.02 (up from US$5.40 in FY 2022). Revenue: US$121.7m (up 10% from FY 2022). Net income: US$44.2m (up 4.8% from FY 2022). Profit margin: 36% (down from 38% in FY 2022). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 5.24% (down from 5.49% in FY 2022). Cost-to-income ratio: 46.4% (up from 45.2% in FY 2022). Non-performing loans: 0.62% (down from 0.99% in FY 2022). Upcoming Dividend • Aug 01
Upcoming dividend of US$0.01 per share at 0.1% yield Eligible shareholders must have bought the stock before 08 August 2023. Payment date: 23 August 2023. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.8%). Reported Earnings • Jul 26
Full year 2023 earnings released: EPS: US$6.02 (vs US$5.40 in FY 2022) Full year 2023 results: EPS: US$6.02 (up from US$5.40 in FY 2022). Revenue: US$121.8m (up 10% from FY 2022). Net income: US$44.2m (up 4.8% from FY 2022). Profit margin: 36% (down from 38% in FY 2022). The decrease in margin was driven by higher expenses. Net interest margin (NIM): 5.24% (down from 5.49% in FY 2022). Non-performing loans: 0.62% (down from 0.99% in FY 2022). New Risk • Jul 25
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.0% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company. Announcement • Jul 22
Northeast Bank to Report Q4, 2023 Results on Jul 24, 2023 Northeast Bank announced that they will report Q4, 2023 results on Jul 24, 2023 Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €38.40, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 9x in the Banks industry in Europe. Total returns to shareholders of 9.8% over the past year. Recent Insider Transactions • May 06
Independent Director recently bought €81k worth of stock On the 2nd of May, David Tanner bought around 3k shares on-market at roughly €32.48 per share. This transaction amounted to 12% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €541k more in shares than they bought in the last 12 months. Reported Earnings • Apr 27
Third quarter 2023 earnings released: EPS: US$1.70 (vs US$1.38 in 3Q 2022) Third quarter 2023 results: EPS: US$1.70 (up from US$1.38 in 3Q 2022). Revenue: US$32.8m (up 23% from 3Q 2022). Net income: US$12.5m (up 18% from 3Q 2022). Profit margin: 38% (down from 40% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 5.1% growth forecast for the Banks industry in Europe. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €33.20, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 4.5% over the past year. Upcoming Dividend • Feb 01
Upcoming dividend of US$0.01 per share at 0.1% yield Eligible shareholders must have bought the stock before 08 February 2023. Payment date: 23 February 2023. Payout ratio is a comfortable 0.7% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.3%). Reported Earnings • Jan 29
Second quarter 2023 earnings released: EPS: US$1.56 (vs US$1.43 in 2Q 2022) Second quarter 2023 results: EPS: US$1.56. Revenue: US$29.7m (up 7.6% from 2Q 2022). Net income: US$11.3m (flat on 2Q 2022). Profit margin: 38% (down from 41% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Announcement • Jan 27
Northeast Bank Declares Cash Dividend, Payable on February 23, 2023 The Board of Directors of Northeast Bank declared cash dividend of $0.01 per share, payable on February 23, 2023, to shareholders of record as of February 9, 2023. Announcement • Jan 21
Northeast Bank to Report Q2, 2023 Results on Jan 25, 2023 Northeast Bank announced that they will report Q2, 2023 results on Jan 25, 2023 Reported Earnings • Nov 18
First quarter 2023 earnings released: EPS: US$1.13 (vs US$1.22 in 1Q 2022) First quarter 2023 results: EPS: US$1.13 (down from US$1.22 in 1Q 2022). Revenue: US$24.5m (down 11% from 1Q 2022). Net income: US$8.29m (down 16% from 1Q 2022). Profit margin: 34% (down from 36% in 1Q 2022). The decrease in margin was driven by lower revenue. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Independent Director Bill Mayer was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 01
Northeast Bank Declares Cash Dividend, Payable on November 28, 2022 The Board of Directors of Northeast Bank declared a cash dividend of $0.01 per share, payable on November 28, 2022, to shareholders of record as of November 14, 2022. Announcement • Oct 27
Northeast Bank to Report Q1, 2023 Results on Oct 31, 2022 Northeast Bank announced that they will report Q1, 2023 results on Oct 31, 2022 Reported Earnings • Oct 08
Full year 2022 earnings released: EPS: US$5.40 (vs US$8.64 in FY 2021) Full year 2022 results: EPS: US$5.40 (down from US$8.64 in FY 2021). Revenue: US$110.3m (down 22% from FY 2021). Net income: US$42.2m (down 41% from FY 2021). Profit margin: 38% (down from 51% in FY 2021). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 5.49% (up from 4.40% in FY 2021). Cost-to-income ratio: 45.2% (up from 28.3% in FY 2021). Non-performing loans: 0.99% (down from 1.80% in FY 2021). Recent Insider Transactions • Aug 14
Executive VP & Chief Credit Officer recently sold €480k worth of stock On the 10th of August, Patrick Dignan sold around 12k shares on-market at roughly €39.69 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €750k more than they bought in the last 12 months. Upcoming Dividend • Aug 01
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 08 August 2022. Payment date: 23 August 2022. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.8%). Reported Earnings • Jul 27
Full year 2022 earnings released: EPS: US$5.40 (vs US$8.64 in FY 2021) Full year 2022 results: EPS: US$5.40 (down from US$8.64 in FY 2021). Revenue: US$110.3m (down 22% from FY 2021). Net income: US$42.2m (down 41% from FY 2021). Profit margin: 38% (down from 51% in FY 2021). The decrease in margin was driven by lower revenue. Announcement • Jul 26
Northeast Bank Declares Cash Dividend, Payable on August 23, 2022 Northeast Bank Board of Directors declared a cash dividend of $0.01 per share, payable on August 23, 2022, to shareholders of record as of August 9, 2022. Announcement • Jul 21
Northeast Bank to Report Q4, 2022 Results on Jul 25, 2022 Northeast Bank announced that they will report Q4, 2022 results on Jul 25, 2022 Reported Earnings • Apr 28
Third quarter 2022 earnings released: EPS: US$1.38 (vs US$4.09 in 3Q 2021) Third quarter 2022 results: EPS: US$1.38 (down from US$4.09 in 3Q 2021). Revenue: US$26.6m (down 54% from 3Q 2021). Net income: US$10.6m (down 69% from 3Q 2021). Profit margin: 40% (down from 59% in 3Q 2021). The decrease in margin was driven by lower revenue. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Independent Director Bill Mayer was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 26
Northeast Bank Declares Cash Dividend, Payable on May 18, 2022 Northeast Bank declared cash dividend of $0.01 per share, payable on May 18, 2022, to shareholders of record as of May 4, 2022. Announcement • Apr 22
Northeast Bank (NasdaqGM:NBN) announces an Equity Buyback for 1,000,000 shares, representing 13.1% for $40 million. Northeast Bank (NasdaqGM:NBN) announces a share repurchase program. Under the program, the company will repurchase up to 1,000,000 common stock, representing 13.1% of its issued share capital for $40million. The plan is valid till April 21, 2023. Announcement • Apr 21
Northeast Bank to Report Q3, 2022 Results on Apr 25, 2022 Northeast Bank announced that they will report Q3, 2022 results on Apr 25, 2022 Upcoming Dividend • Feb 02
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 09 February 2022. Payment date: 24 February 2022. Payout ratio is a comfortable 0.4% and this is well supported by cash flows. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.4%). Lower than average of industry peers (3.3%). Reported Earnings • Jan 29
Second quarter 2022 earnings: EPS in line with expectations, revenues disappoint Second quarter 2022 results: EPS: US$1.43 (up from US$0.99 in 2Q 2021). Revenue: US$27.6m (up 28% from 2Q 2021). Net income: US$11.4m (up 40% from 2Q 2021). Profit margin: 41% (up from 38% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.7%. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 22% share price gain to €38.20, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 11x in the Banks industry in Europe. Total returns to shareholders of 83% over the past year. Recent Insider Transactions • Dec 17
Senior VP & Chief Risk Officer recently sold €76k worth of stock On the 13th of December, Brian Pinheiro sold around 2k shares on-market at roughly €30.71 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €291k more than they bought in the last 12 months. Board Change • Dec 06
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. No experienced directors. 6 highly experienced directors. Independent Director Bill Mayer was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 07
Senior VP & Chief Risk Officer recently sold €71k worth of stock On the 3rd of November, Brian Pinheiro sold around 3k shares on-market at roughly €28.03 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €224k more than they bought in the last 12 months. Upcoming Dividend • Nov 01
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 08 November 2021. Payment date: 23 November 2021. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (2.9%). Reported Earnings • Oct 13
Full year 2021 earnings released: EPS US$8.64 (vs US$2.57 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$140.5m (up 91% from FY 2020). Net income: US$71.5m (up 215% from FY 2020). Profit margin: 51% (up from 31% in FY 2020). The increase in margin was driven by higher revenue. Net interest margin (NIM): 4.40% (down from 5.39% in FY 2020). Cost-to-income ratio: 28.3% (down from 51.7% in FY 2020). Non-performing loans: 1.80% (down from 2.17% in FY 2020). Upcoming Dividend • Aug 05
Upcoming dividend of US$0.01 per share Eligible shareholders must have bought the stock before 12 August 2021. Payment date: 27 August 2021. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (3.1%). Reported Earnings • Jul 31
Full year 2021 earnings released: EPS US$8.64 (vs US$2.57 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: US$140.5m (up 91% from FY 2020). Net income: US$71.5m (up 215% from FY 2020). Profit margin: 51% (up from 31% in FY 2020). The increase in margin was driven by higher revenue. 
