Northeast Community Bancorp, Inc. (NECB)
| Market Cap | 254.41M |
| Revenue (ttm) | 104.84M |
| Net Income (ttm) | 47.07M |
| Shares Out | 11.68M |
| EPS (ttm) | 3.52 |
| PE Ratio | 6.19 |
| Forward PE | 6.85 |
| Dividend | $0.75 (3.44%) |
| Ex-Dividend Date | Apr 7, 2025 |
| Volume | 32,917 |
| Open | 21.69 |
| Previous Close | 21.37 |
| Day's Range | 21.69 - 22.19 |
| 52-Week Range | 14.87 - 31.72 |
| Beta | 0.42 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Apr 28, 2025 |
About NECB
Northeast Community Bancorp, Inc. operates as the holding company for NorthEast Community Bank that provides financial services for individuals and businesses. It accepts various deposits, including checking accounts, money market accounts, regular savings accounts, and non-interest bearing demand accounts, as well as certificates of deposits. The company also offers construction, commercial and industrial, multifamily and mixed-use real estate, non-residential real estate loans, and consumer loans. In addition, it invests in various types of l... [Read more]
Financial Performance
In 2024, NECB's revenue was $104.84 million, an increase of 5.02% compared to the previous year's $99.82 million. Earnings were $47.07 million, an increase of 1.72%.
Financial StatementsNews
Northeast Community Bancorp: This Year's Decline Creates A Buying Opportunity
Northeast Community Bancorp presents a buying opportunity at $21 per share due to its strong track record and recent price dip. The bank has consistently outperformed regional bank indices and the ove...
NorthEast Community Bancorp, Inc. Announces Increased Quarterly Cash Dividend
WHITE PLAINS, N.Y., March 20, 2025 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash divide...
NorthEast Community Bancorp, Inc. Announces Date of 2025 Annual Meeting of Stockholders
WHITE PLAINS, N.Y., Feb. 20, 2025 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the holding company for NorthEast Community Bank, today announced that its annua...
Northeast Community Bancorp: Excellent Loan Portfolio, Capital Adequacy To Drive Success
NECB's excellent asset quality and high capital adequacy make it well-positioned for current market conditions despite some risks. The stock is underpriced with a significant upside potential, support...
Upside Isn't Over For Northeast Community Bancorp
Northeast Community Bancorp, with a $289 million market cap, has outperformed the S&P 500 since my 'strong buy' rating, rising 49.2% since May of last year. Despite mixed profit results, the bank's ba...
NorthEast Community Bancorp, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2024
WHITE PLAINS, N.Y., Jan. 29, 2025 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), generated n...
NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend
WHITE PLAINS, N.Y., Dec. 19, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividen...
Trump Bump And Rate Cuts: 5 Small-Caps Set To Surge
SA Quant's Top 5 Small-Caps Ready For A Rally has returned over 20% in two months, beating the market, with four stocks delivering double-digit returns. Small caps initially rallied on interest rate c...
NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2024
WHITE PLAINS, N.Y., Oct. 28, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), generated n...
Rate Cut Winners: Top 5 Small-Caps Ready For A Rally
Small-cap stocks tend to benefit in a declining rate environment due to cheaper borrowing costs, increased investor risk appetite, and enhanced growth potential. While small-cap stocks can offer more ...
NorthEast Community Bancorp, Inc. Announces Increase in Quarterly Cash Dividend and Special Cash Dividend
WHITE PLAINS, N.Y., Sept. 19, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (NasdaqCM: NECB) announced today that its Board of Directors has declared a special cash divide...
Northeast Community Bancorp: Recent Stellar Upside Isn't The End Of The Story
Northeast Community Bancorp has surged 36% since my 'strong buy' rating in May, significantly outperforming the S&P 500's 7.3% rise. Despite a drop in net interest margin, net interest income rose 12....
NorthEast Community Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2024
WHITE PLAINS, N.Y., July 22, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), generated n...
Northeast Community Bancorp: A Stellar Prospect For Value Investors
Northeast Community Bancorp is a small bank with a market capitalization of $188 million. The bank has experienced impressive growth in deposits and loans over the past few years. Shares of Northeast ...
Bank Buzz: Northeast Community Is Executing The 'Thrift Game Plan' Perfectly
Our strategy is to invest in banks trading below tangible book value with overcapitalized balance sheets, solid asset quality, and shareholder-friendly management teams. We recap the earnings season a...
NorthEast Community Bancorp, Inc. Reports Results for the Three Months Ended March 31, 2024
WHITE PLAINS, N.Y., April 25, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported n...
NorthEast Community Bancorp, Inc. Announces Date of 2024 Annual Meeting of Stockholders
WHITE PLAINS, N.Y., Feb. 22, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the holding company for NorthEast Community Bank, today announced that its annua...
Bank Buzz: Northeast Community Bancorp Offers An Attractive Valuation And Upside
Our strategy is to invest in banks trading below TBV with overcapitalized balance sheets, solid asset quality, and shareholder-friendly management teams. We highlight a few potential ideas, including ...
NorthEast Community Bancorp, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2023
WHITE PLAINS, N.Y., Feb. 01, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported ne...
NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2023
WHITE PLAINS, N.Y., Oct. 27, 2023 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported ne...
Bank Buzz: Buyback Bonanza At Small Cap Banks William Penn And Northeast Community
Despite a strong capital position and attractive credit metrics, WMPN and NECB trade below tangible book value, a proxy for liquidation value. Both leadership teams recognize the disconnect and are ac...
Northeast Community Bancorp: Strong Upside Potential As Bottom Line Results Impress
Northeast Community Bancorp Inc. has seen triple-digit growth in its bottom line due to higher interest rates. NECB operates in the regional bank industry and has a small market cap, making its share ...
NorthEast Community Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2023
WHITE PLAINS, N.Y., July 26, 2023 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported ne...
NorthEast Community Bancorp, Inc. Announces Second Stock Repurchase Program
WHITE PLAINS, N.Y.--(BUSINESS WIRE)--NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the holding company for NorthEast Community Bank, today announced that the Company's Board of Dir...
NorthEast Community Bancorp, Inc. Reports Results for the Three Months and Year Ended March 31, 2023
WHITE PLAINS, N.Y., May 01, 2023 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net...