Northeast Community Bancorp, Inc. (NECB)
| Market Cap | 207.22M |
| Revenue (ttm) | 77.09M |
| Net Income (ttm) | 32.44M |
| Shares Out | 15.09M |
| EPS (ttm) | 2.12 |
| PE Ratio | 6.48 |
| Forward PE | n/a |
| Dividend | $0.24 (1.75%) |
| Ex-Dividend Date | Apr 10, 2023 |
| Volume | 76,107 |
| Open | 13.50 |
| Previous Close | 13.51 |
| Day's Range | 13.50 - 13.87 |
| 52-Week Range | 11.01 - 15.99 |
| Beta | 0.55 |
| Analysts | Hold |
| Price Target | 15.00 (+9.25%) |
| Earnings Date | Jul 21, 2023 |
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. 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 liquid assets, including U.... [Read more]
Financial Performance
In 2022, NECB's revenue was $65.12 million, an increase of 54.87% compared to the previous year's $42.05 million. Earnings were $24.84 million, an increase of 108.68%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for NECB stock is "Hold" and the 12-month stock price forecast is $15.0.
News
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...
NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend
WHITE PLAINS, N.Y., March 28, 2023 (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 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
NorthEast Community Bancorp, Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2020
WHITE PLAINS, N.Y., Feb. 03, 2021 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (OTC: NECB) (the “Company”), a majority owned subsidiary of NorthEast Community Bancorp, MHC (the “MHC”), and th...