Northeast Community Bancorp, Inc. (NECB)

NASDAQ: NECB · IEX Real-Time Price · USD
20.36
+0.61 (3.09%)
Jul 16, 2024, 11:42 AM EDT - Market open
3.09%
Market Cap 283.74M
Revenue (ttm) 101.71M
Net Income (ttm) 46.41M
Shares Out 14.03M
EPS (ttm) 3.32
PE Ratio 6.14
Forward PE 7.84
Dividend $0.40 (1.97%)
Ex-Dividend Date Jul 5, 2024
Volume 47,053
Open 19.91
Previous Close 19.75
Day's Range 19.73 - 20.49
52-Week Range 13.93 - 20.22
Beta 0.59
Analysts n/a
Price Target n/a
Earnings Date Jul 24, 2024

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 deposit instruments, 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... [Read more]

Sector Financials
Founded 1934
Employees 135
Stock Exchange NASDAQ
Ticker Symbol NECB
Full Company Profile

Financial Performance

In 2023, NECB's revenue was $99.96 million, an increase of 53.51% compared to the previous year's $65.12 million. Earnings were $46.28 million, an increase of 86.27%.

Financial Statements

News

NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend

WHITE PLAINS, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividen...

25 days ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Announces Increased Quarterly Cash Dividend

WHITE PLAINS, N.Y., March 21, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash divide...

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Business Wire

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...

1 year ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Announces Date of 2023 Annual Meeting of Stockholders

WHITE PLAINS, N.Y., March 10, 2023 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the holding company for NorthEast Community Bank, today announced that its annu...

1 year ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Reports Results for the Three Months and Year Ended December 31, 2022

WHITE PLAINS, N.Y., Jan. 31, 2023 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported ne...

1 year ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2022

WHITE PLAINS, N.Y., Oct. 28, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported ne...

1 year ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Announces Stock Repurchase Program

WHITE PLAINS, New York, July 27, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the holding company for NorthEast Community Bank, today announced that the C...

2 years ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2022

WHITE PLAINS, N.Y., July 22, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported ne...

2 years ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Announces Special One Time Cash Dividend

WHITE PLAINS, N.Y., May 04, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a special one-time cash d...

2 years ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Reports Results for the Quarter and Year Ended March 31, 2022

WHITE PLAINS, N.Y., April 27, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported n...

2 years ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend

WHITE PLAINS, N.Y., March 24, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash divide...

2 years ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Reports Results for the Quarter and Year Ended December 31, 2021

WHITE PLAINS, N.Y., Feb. 04, 2022 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported ne...

2 years ago - GlobeNewsWire

CORRECTING and REPLACING: Northeast Community Bancorp, Inc. Reports Results for the Quarter Ended September 30, 2021

WHITE PLAINS, N.Y., Nov. 02, 2021 (GLOBE NEWSWIRE) -- The basic and diluted earnings per common share in the first paragraph should read $0.19 and $0.55 for the three and nine months ended September 3...

2 years ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Reports Results for the Quarter Ended September 30, 2021

WHITE PLAINS, N.Y., Oct. 29, 2021 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported ne...

2 years ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. to Record Loan Write Down in Third Quarter

WHITE PLAINS, N.Y., Oct. 12, 2021 (GLOBE NEWSWIRE) -- As previously reported, NorthEast Community Bancorp, Inc. (NasdaqCM: NECB) (the “Company”), the parent company of NorthEast Community Bank, had on...

2 years ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Reports Results for the Quarter Ended June 30, 2021

WHITE PLAINS, N.Y., July 30, 2021 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (NasdaqCM: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”) reported n...

3 years ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Announces Initial Quarterly Cash Dividend

WHITE PLAINS, New York, July 22, 2021 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (NasdaqCM: NECB) announced today that its Board of Directors has declared a quarterly cash d...

3 years ago - GlobeNewsWire

NorthEast Community Bancorp, Inc. Announces Completion of Second-Step Conversion and Subscription Offering

WHITE PLAINS, N.Y., July 12, 2021 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc., a Maryland corporation (the “Company”) (NasdaqCM: NECB), announced today that it has completed its “second-step...

3 years ago - GlobeNewsWire

Northeast Community Bancorp, Inc. Announces Second-Step Conversion Offering Results and Expected Closing Date

WHITE PLAINS, N.Y., July 09, 2021 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc., a federally chartered corporation (the “Mid-Tier Holding Company”) (OTC: NECB), the parent company for NorthEas...

3 years ago - GlobeNewsWire