Northeast Bank provides various banking services to individual and corporate customers in Maine.
FAIL · Does not pass the screen
132.86 USD
At the last full screen 2026-09-07
Screened 2026-09-07 · the tape above runs as of 19:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its markdown label.
Northeast Bank holds its Markdown at $132.86. The statistical read favours the buyers, held for 269 days.
As held on the ledger · 2026-09-07
Phase
Markdown · caution
Quantitative state
The statistical read favours the buyers, held for 269 days
Price at the screen
$132.86
Valuation
10.43 trailing · 8.44 forward price to earnings
Values screen
FAIL· score 30.0
Beta
0.59
The Workings
Five Screens, Shown in Full
Does not pass. Prohibited keyword in sector/industry: bank
Test
Figure
Limit
What it means
Status
Business activity
Excluded
Core business clean
Prohibited keyword in sector/industry: bank
Fail
Debt load
Excluded
Below 33%
Interest-bearing debt is of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
Excluded
Below 33%
Interest-bearing cash and securities are of assets, above the one-third limit.
Fail
Receivables
Excluded
Below 49%
Money owed to the company is of assets, above the 49% limit.
Fail
Revenue purity
Excluded
Below 5%
of revenue comes from non-compliant sources, over the 5% line.
Fail
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-07 screen. The gold marker is the market price at the same screen. A 13.7% margin of safety to the base estimate.
Third-party analyst targets: 2 covering, consensus None. The average target sits +8% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-07 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Maine bank clears the numbers but not the gate
Every time a small business in Maine needs a loan or a family opens a savings account, the transaction lands inside a regional bank like this one. The numbers look solid on paper, with revenue up 35 percent, a 43 percent profit margin and 19 percent return on equity. Forward earnings sit at just 9.1 times and the shares trade below our own fair-value mark, yet the opportunity rating stays at none.
We pass because the ethical screen blocks banks outright. That single rule overrides attractive growth, solid margins and a consensus buy rating from the two analysts who follow the name. The screen exists to keep us out of entire sectors regardless of how cheap or fast-growing any single name appears.
Valuation sits close to the analyst median target of 136 dollars while the shares remain exposed to interest-rate swings and credit cycles that can turn peak earnings into a trap. The unknown moat adds another layer of uncertainty in a crowded regional market. Analysis, not advice.
The risks · The things to watch: it's a small-cap, so the share price can swing harder than the market.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
NBN trades on Nasdaq. As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-06Markdown · changed$129.30-4.4%Entry 5
The framework has shifted from markup to markdown since the last review. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 4.4% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 15% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 48%. Our forward projection puts the odds of a 10% gain over the next month near 33%. The street (2 analysts) rates it none, with a mean price target of $136.
2026-08-06Markup · changed$135.32+4.2%Entry 4
The framework has shifted from markdown to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 4.2% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 15% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 48%. Our forward projection puts the odds of a 10% gain over the next month near 33%. The street (2 analysts) rates it none, with a mean price target of $136.
2026-07-18Markdown$129.92+0.0%Entry 3
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is holding around 15% above its long-term trend line with momentum reading neutral. Over the past year the shares are up 48%. Our forward projection puts the odds of a 10% gain over the next month near 33%. The street (2 analysts) rates it none, with a mean price target of $136.
2026-07-03Markdown$129.92+0.0%Entry 2
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
2026-07-02Markdown$129.92Entry 1
The framework reads markdown. Price is trending lower. Sellers are in control and the prior trend has reversed. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows excellent risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
