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Northeast Community Bancorp NasdaqCM:NECB Stock Report

Last Price

US$16.93

Market Cap

US$200.3m

7D

-2.4%

1Y

23.2%

Updated

03 Jun, 2024

Data

Company Financials +

Northeast Community Bancorp, Inc.

NasdaqCM:NECB Stock Report

Market Cap: US$200.3m

NECB Stock Overview

Operates as the holding company for NorthEast Community Bank that provides financial services for individuals and businesses.

NECB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends4/6

Northeast Community Bancorp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Northeast Community Bancorp
Historical stock prices
Current Share PriceUS$16.93
52 Week HighUS$18.00
52 Week LowUS$13.52
Beta0.54
1 Month Change1.99%
3 Month Change8.80%
1 Year Change23.22%
3 Year Change44.04%
5 Year Change99.88%
Change since IPO106.24%

Recent News & Updates

Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Larger Dividend Than Last Year At $0.10

Mar 26
Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Larger Dividend Than Last Year At $0.10

Recent updates

Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Larger Dividend Than Last Year At $0.10

Mar 26
Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Larger Dividend Than Last Year At $0.10

Northeast Community Bancorp (NASDAQ:NECB) Is Paying Out A Dividend Of $0.06

Dec 26
Northeast Community Bancorp (NASDAQ:NECB) Is Paying Out A Dividend Of $0.06

With EPS Growth And More, Northeast Community Bancorp (NASDAQ:NECB) Makes An Interesting Case

Nov 04
With EPS Growth And More, Northeast Community Bancorp (NASDAQ:NECB) Makes An Interesting Case

Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Dividend Of $0.06

Jun 27
Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Dividend Of $0.06

Northeast Community Bancorp (NASDAQ:NECB) Has Announced A Dividend Of $0.06

Apr 01
Northeast Community Bancorp (NASDAQ:NECB) Has Announced A Dividend Of $0.06

This Analyst Just Wrote A Brand New Outlook For Northeast Community Bancorp, Inc.'s (NASDAQ:NECB) Business

Feb 15
This Analyst Just Wrote A Brand New Outlook For Northeast Community Bancorp, Inc.'s (NASDAQ:NECB) Business

Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Dividend Of $0.06

Dec 20
Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Dividend Of $0.06

Northeast Community Bancorp (NASDAQ:NECB) Has Announced A Dividend Of $0.06

Oct 04
Northeast Community Bancorp (NASDAQ:NECB) Has Announced A Dividend Of $0.06

Northeast Community Bancorp declares $0.06 dividend

Sep 29

Northeast Community Bancorp GAAP EPS of $0.35 beats by $0.07, revenue of $14.08M beats by $0.44M

Jul 22

Shareholder Returns

NECBUS BanksUS Market
7D-2.4%-0.7%-0.6%
1Y23.2%33.5%22.4%

Return vs Industry: NECB underperformed the US Banks industry which returned 34.2% over the past year.

Return vs Market: NECB matched the US Market which returned 22.5% over the past year.

Price Volatility

Is NECB's price volatile compared to industry and market?
NECB volatility
NECB Average Weekly Movement2.4%
Banks Industry Average Movement4.0%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

Stable Share Price: NECB has not had significant price volatility in the past 3 months.

Volatility Over Time: NECB's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1934138Kenneth Martinekwww.necommunitybank.com

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.

Northeast Community Bancorp, Inc. Fundamentals Summary

How do Northeast Community Bancorp's earnings and revenue compare to its market cap?
NECB fundamental statistics
Market capUS$200.25m
Earnings (TTM)US$46.41m
Revenue (TTM)US$101.58m

4.3x

P/E Ratio

0.7x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NECB income statement (TTM)
RevenueUS$101.58m
Cost of RevenueUS$0
Gross ProfitUS$101.58m
Other ExpensesUS$55.17m
EarningsUS$46.41m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.95
Gross Margin100.00%
Net Profit Margin45.69%
Debt/Equity Ratio16.3%

How did NECB perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

8%

Payout Ratio
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