Northeast Indiana Bancorp (OTCMKTS:NIDB) Announces Quarterly Earnings Results

Northeast Indiana Bancorp (OTCMKTS:NIDB) released its earnings results on Tuesday. The company reported $0.80 earnings per share for the quarter, Zacks reports.

Northeast Indiana Bancorp Trading Up 1.5%

Shares of OTCMKTS NIDB traded up $0.35 during mid-day trading on Tuesday, reaching $24.10. The company had a trading volume of 210 shares, compared to its average volume of 1,055. The business’s 50-day moving average is $23.94 and its 200-day moving average is $22.87. The stock has a market cap of $56.63 million, a price-to-earnings ratio of 8.37 and a beta of 0.16. Northeast Indiana Bancorp has a 52 week low of $18.00 and a 52 week high of $24.85.

About Northeast Indiana Bancorp

Northeast Indiana Bancorp, Inc operates as the bank holding company for First Federal Savings Bank that provides various banking and financial advisory services. The company offers checking accounts, savings accounts, retirement accounts, health savings accounts, and direct deposits, as well as certificates of deposit. It also provides mortgage, refinance, new construction, and home equity loans; auto, recreational vehicle, and unsecured loans; and revolving lines of credit, term loans, real estate loans, letter of credit, and small business administration loans, as well as debit and credit cards.