Stock fact sheet · data as of
Northeast Bank (NBN): fair value, margin of safety and Wheel Score
Financial Services · Banks - Regional · United States · Speculative / Distressed
Is NBN undervalued?
At 125.02 (close of 16 Oct 2026), NBN trades 44% below the GLS average fair value of 222.03. That average comes from 7 models run on the latest filings, and 4 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Northeast Bank the full Value points in the Wheel Score - and a closer look at what the market is pricing in.
The 7 models disagree widely: DDM gives 0.5886 while GLS Growth gives 791.42. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files NBN under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for NBN
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 65.48 | -48% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 145.35 | +16% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 306.14 | +145% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 101.61 | -19% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 791.42 | +533% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 0.5886 | -100% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 143.64 | +15% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -537.86 | -530% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 151.00 | +21% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: NBN passes 3 of the nine Piotroski tests. Our screens drop the stock at the health rule; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 4.7 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are moderate - ROIC 7.4%, ROE 17.8%, ROA 2.1% - with debt at 1.42 times equity and negative free cash flow.
The dividend yield is 0.03% with a payout ratio of 0% - a small yield that leaves most of the earnings in the business.
Institutional ownership scores 9/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 3 / 9 | ROIC | 7.4% |
|---|---|---|---|
| GLS Moat | 4.7 / 10 | ROE | 17.8% |
| Debt / equity | 1.42 | ROA | 2.1% |
| Free-cash-flow yield | -6.0% | Payout ratio | 0% |
| Institutions | 9 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 39: No options
NBN has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 74k shares a day on a market cap of $1.1B, with a beta of 0.61 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 8 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 44% margin of safety | |
| Health | 7 / 20 | Piotroski 3/9 | |
| Moat | 7 / 15 | moat 4.7/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 8 / 20 | 74k shares/day, $1.1B cap, beta 0.61 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Northeast Bank reports earnings on 27 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Banks - Regional
The 12 companies below are the closest to Northeast Bank by market cap within the Banks - Regional industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| FSBC Five Star Bancorp | 43.13 | 58.97 | +27% | 74Good | $1.1B |
| MCB Metropolitan Bank Holding Corp. | 87.41 | 157.00 | +44% | 76Good | $1.1B |
| UVSP Univest Financial Corporation | 40.39 | 44.85 | +10% | 74Good | $1.1B |
| SBNC Southern BancShares (N.C.), Inc. | 13,500.00 | 26,359.95 | +49% | 39No options | $1.0B |
| SBNCN Southern BancShares (N.C.), Inc. PFD CL C | 12.00 | 5,263.69 | +100% | 39No options | $1.0B |
| SBNCM Southern BancShares (N.C.), Inc. | 11.82 | 5,263.41 | +100% | 39No options | $1.0B |
| HFWA Heritage Financial Corporation | 27.42 | 49.41 | +45% | 78Good | $1.1B |
| CFFN Capitol Federal Financial, Inc. | 8.24 | 8.90 | +7% | 73Good | $1.0B |
| BFST Business First Bancshares, Inc. | 31.13 | 39.14 | +20% | 73Good | $1.0B |
| WTBFA W.T.B. Financial Corporation | 680.60 | 726.82 | +6% | 39No options | $1.0B |
| MBWM Mercantile Bank Corporation | 58.32 | 64.51 | +10% | 65Good | $1.0B |
| AMTB Amerant Bancorp Inc. | 29.03 | 56.58 | +49% | 78Good | $1.1B |
⚖ Compare NBN with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about NBN
Is NBN undervalued right now?
By the GLS models, yes: at 125.02 the stock is 44% below the average fair value of 222.03 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of NBN and what does it mean?
NBN has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".
What is the GLS fair value for NBN?
222.03 per share as of 16 Oct 2026 - the simple average of the 7 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Northeast Bank report earnings next?
The next earnings report is due on 27 Oct 2026 (before the open), 11 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does NBN have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on NBN, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.