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Northeast Bank stock: balance sheet and debt

NBN
$127.39Closing price of 12 Nov 2026MEQIRI Score 78 out of 100

Northeast Bank has total assets of $5.23B and an equity ratio of 11.6%.

Daily figure as of 13 Nov 2026

Debt / Equity
1.42
Interest coverage
no data
Current ratio
0.11
Cash & equivalents
$2.91M
Total assets
$5.23B
Equity ratio
11.6%
Goodwill and intangible assets
$534K
not split out

For banks and insurers, deposits and liabilities are the business. Debt to equity and the current ratio say little here, and the score does not rate them.

Total assets and equity ratio

How large the balance sheet of Northeast Bank is, how much of it is equity and how much is goodwill from acquisitions.

Equity ratio

Figures as a table
YearTotal assetsGoodwill and intangible assetsof which goodwillEquity ratio
2007$556.8Mnot reported separatelynot reported separately7.3%
2008$598.27Mnot reported separatelynot reported separately6.7%
2009$598.15M$12.8M$4.49M7.9%
2010$622.61M$11.37Mnot split out8.2%
2011$596.39M$13.13Mnot split out10.9%
2012$669.2M$4.49Mnot split out17.8%
2013$670.64M$3.54Mnot split out17.0%
2014$761.93M$2.8Mnot split out14.7%
2015$850.83M$2.21Mnot split out13.3%
2016$986.15M$3.5Mnot split out11.8%
2017$1.08B$4.15Mnot split out11.4%
2018$1.16B$3.84Mnot split out12.0%
2019$1.15B$3.29Mnot split out13.3%
2020$1.26B$2.11Mnot split out13.1%
2021$2.17B$2.06Mnot split out10.7%
2022$1.58B$1.29Mnot split out15.7%
2023$2.87B$1.53Mnot split out10.3%
2024$3.13B$984Knot split out12.0%
2025$4.28B$699Knot split out11.6%
2026$5.23B$534Knot split out11.6%

The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is not shown for banks, insurers and other financial companies: for them, cash and bonds are part of the business and are not available to pay down debt. For banks the equity ratio is usually low because customer deposits carry much of the balance sheet. In years without separate goodwill, the table shows the sum of goodwill and intangible assets, because the data do not list goodwill separately there.

Equity and debt

What the company owns and owes

  • Cash & equivalents
  • Equity
  • Bonds and loans (excluding deposits)
Figures as a table
YearCash & equivalentsEquityBonds and loans (excluding deposits)Debt / Equity
2007no data$40.85M$147.56M3.61
2008no data$40.27M$186.83M4.64
2009no data$47.32M$162.39M3.43
2010no data$50.91M$180.4M3.54
2011no data$64.95M$126.71M1.95
2012no data$119.14M$120.86M1.01
2013no data$113.8M$64.07M0.56
2014no data$112.07M$66.01M0.59
2015no data$112.84M$52.57M0.47
2016no data$116.59M$54.53M0.47
2017no data$122.8M$44.5M0.36
2018no data$138.43M$39.56M0.29
2019no data$153.58M$30.15M0.2
2020no data$164.74M$59.32M0.36
2021no data$232.39M$36.11M0.16
2022no data$248.32M$34.45M0.14
2023no data$296.66M$584.53M1.97
2024no data$376.63M$365.44M0.97
2025no data$494.29M$339.24M0.69
2026$2.91M$603.85M$857.74M1.42

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2026, period end 30 Jun 2026
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Strong, published since 7 Nov 2026 (in the score history since 18 Oct 2026)
  • Valuation signal Undervalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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