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0 0 -0.000855614973262014 -0.000855614973262014 -0.000855614973262014 0.00160427807486637 0.00243315508021397 0.00518716577540106
Stock impact report

Bonhoeffer Capital Management Q4 2024 Letter [Seeking Alpha]

Northeast Bank (NBN) 
Last northeast bank earnings: 4/22 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.northeastbank.com
Company Research Source: Seeking Alpha
Bonhoeffer Fund's portfolio now includes specialized construction, natural resource royalties, and niche growing banks, with a combined expected growth rate of 30-40%. Despite a 9.7% loss in Q4 2024, our portfolio's high-quality businesses and free cash flow growth indicate strong future performance. Key investments include Vistry's partnership model, Builders First Source's acquisition strategy, and United Bancorp of Alabama's low-income housing finance, all poised for significant growth. Dear Partner, Throughout 2024, we replaced slower-growth firms with durable, faster-growing firms in temporarily depressed sectors and identified similar opportunities in new industries. These firms align with our longer-term growth themes of consolidation, forced selling of assets, transaction processing, affordable housing finance, distribution, infrastructure spending and housing construction. We identified and continue to analyze opportunities in the following industries: specialized co Show less Read more
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