What smart money is saying about Northeast Bank
1 fund in our archive has pitched Northeast Bank, most recently Hinde Group in March 2025.
Northeast Bank provides banking services to individual and corporate customers in Maine. The company's deposit products include demand deposit, NOW, money market, savings, certificate of deposit, and individual retirement accounts, as well as checking accounts. Its loan portfolio comprises residential mortgage loans; multi-family and other commercial real estate loans; commercial and industrial loans, such as term loans, lines of credit and equipment, and receivables financing; consumer loans comprising mobile home and overdraft, and deposit-secured loans; and small business administration loans. In addition, the company offers telephone banking, online banking and bill payment, mobile banking, cash management, and remote deposit capture services, as well as debit and credit card, ATM, electronic transfer, and check services. It operates a network of nine branches in Western, Central, and Southern Maine. Northeast Bank was founded in 1872 and is headquartered in Portland, Maine.
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Position history
Between Q1 2025 and Q2 2026, 3 fund letters reported a position in Northeast Bank, with no move described.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q2 2026 | 1 | 0 | 0 | 0 |
| Q1 2026 | 1 | 0 | 0 | 0 |
| Q3 2025 | 1 | 0 | 0 | 0 |
| Q1 2025 | 0 | 0 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 3 positions
- June 2026
“Our positions in Interactive Brokers Group, Inc. class A common stock (NASDAQ: IBKR), Northeast Bank voting common stock (NASDAQ: NBN), Amazon.com, Inc. common stock (NASDAQ: AMZN) and Alphabet Inc. class C capital stock (NASDAQ: GOOG) drove the portfolio’s gain during the quarter.”
Northeast Bank - Holds1578 Partners, LPMarch 2026
“Our portfolio outperformed the S&P 500 during the first quarter. Our positions in Interactive Brokers Group, Inc. class A common stock (NASDAQ: IBKR), Northeast Bank voting common stock (NASDAQ: NBN), and Becton, Dickinson and Company common stock (NYSE: BDX) made notable positive contributions.”
Northeast Bank - HoldsBonhoeffer Capital ManagementSeptember 2025
“Our bank holdings, FFB Bancorp (“FFB”), United Bancorp of Alabama (“UBAB”) and Northeast Bank (“NB”) are driven by themes such as financing of low-income real estate development as well as growth in small business lending (via small business administration (“SBA”)) and the buying of forced loans from forced sellers from mergers and acquisition as well as the FDIC.”
Northeast Bank
Fund coverage · 1 thesis
- Hinde GroupMarch 2025
Northeast Bank is a well-positioned Maine bank with a conservative loan portfolio and an experienced management team, ready to navigate challenges from economic disruptions.
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