Northeast Bank (NBN): A Bull Case Theory

We came across a bullish thesis on Northeast Bank (NBN) on Rock & Turner’s Substack. In this article, we will summarize the bulls’ thesis on NBN. Northeast Bank (NBN)'s share was trading at $85.70 as of 27^th May. NBN’s trailing P/E was 9.54 and 14 according to Yahoo Finance.

[caption id="attachment_1238699" align="aligncenter" width="768"] A view of a busy banking hall, customers engaging with banking staff to conduct their financial transactions.[/caption]

Northeast Bank has demonstrated a disciplined and innovative approach to banking by focusing on acquiring performing...