Northeast Bank reports Q3 EPS $3.53, consensus $2.99

Reports Q3 tangible book value per share $66.35. Reports Q3 CET1 capital ratio 12.95%. “I am pleased to report another quarter of excellent earnings and record origination volume,” said Rick Wayne, CEO. “Net income of $29.9 million resulted in a return on average equity of 21.7% and a return on average assets of 2.4%. Quarterly loan volume totaled $344.7 million, which included a record $253.9 million of National Lending originated loans. We crossed five billion dollars in total assets this quarter, with total loans, including loans held for sale, at March 31, 2026 of $4.56 billion, representing an increase of $769.5 million, or 20.3%, over June 30, 2025.”