Northeast Indiana Bancorp (OTCMKTS:NIDB) Announces Earnings Results

Northeast Indiana Bancorp (OTCMKTS:NIDB) issued its earnings results on Wednesday. The company reported $0.85 EPS for the quarter, Zacks reports. The company had revenue of $5.82 million for the quarter.

Northeast Indiana Bancorp Stock Performance

NIDB stock remained flat at $24.74 during trading on Friday. 1,739 shares of the company were exchanged, compared to its average volume of 397. Northeast Indiana Bancorp has a 52-week low of $19.55 and a 52-week high of $25.00. The stock has a market cap of $58.14 million, a P/E ratio of 8.03 and a beta of 0.18. The firm’s 50-day moving average is $24.25 and its 200 day moving average is $23.32.

About Northeast Indiana Bancorp

Northeast Indiana Bancorp, Inc is a bank holding company headquartered in Huntington, Indiana. Through its subsidiary, First Federal Savings Bank, the company provides banking and financial services to individuals, families, and businesses in northeast Indiana.

First Federal Savings Bank offers deposit products, residential mortgage loans, consumer lending, commercial and agricultural loans, and financing for residential and commercial real estate. The bank also provides business banking services and other financial products through its branch network and digital banking channels.

Founded in 1890, First Federal Savings Bank has a long history of serving communities in Huntington and surrounding areas, including parts of Allen, Wabash, and Wells counties.