Recent Insider Transactions • Jul 30
Executive VP & CFO recently sold €72k worth of stock On the 29th of July, Donald Hom sold around 3k shares on-market at roughly €23.90 per share. This transaction amounted to 6.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Donald has been a net seller over the last 12 months, reducing personal holdings by €200k. Reported Earnings • Jul 28
Second quarter 2026 earnings released: EPS: US$0.75 (vs US$0.84 in 2Q 2025) Second quarter 2026 results: EPS: US$0.75 (down from US$0.84 in 2Q 2025). Revenue: US$24.4m (down 5.8% from 2Q 2025). Net income: US$9.80m (down 12% from 2Q 2025). Profit margin: 40% (down from 43% in 2Q 2025). Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Banks industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 17% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jun 25
Dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 7th July 2026 Payment date: 6th August 2026 Dividend yield will be 4.0%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 24% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 5.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Announcement • Jun 19
Northeast Community Bancorp, Inc. Announces Increased Quarterly Cash Dividend, Payable on or About August 6, 2026 NorthEast Community Bancorp, Inc. announced that its Board of Directors has declared an increased quarterly cash dividend of $0.25 per common share. The dividend will be paid on or about August 6, 2026, to shareholders of record as of the close of business on July 7, 2026. Announcement • Mar 20
Northeast Community Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on or About May 5, 2026 NorthEast Community Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend will be paid on or about May 5, 2026 to shareholders of record as of the close of business on April 6, 2026. Announcement • Feb 20
Northeast Community Bancorp, Inc., Annual General Meeting, May 21, 2026 Northeast Community Bancorp, Inc., Annual General Meeting, May 21, 2026. Announcement • Jan 30
Northeast Community Bancorp, Inc. Reports Charge-Offs for the Fourth Quarter Ended December 31, 2025 Northeast Community Bancorp, Inc. reported charge-offs for the fourth quarter ended December 31, 2025. For the quarter, with respect to the allowance for credit losses for loans, the company charged-off $24,000 as compared to charge-offs of $1.2 million during the quarter ended December 31, 2024. The charge-offs during the quarter ended December 31, 2025 were against various unpaid overdrafts in the demand deposit accounts. The charge-offs during the quarter ended December 31, 2024 were due to an uncollectible $1.0 million commercial and industrial loan, an overdrawn demand deposit account totaling $202,000, and various smaller unpaid overdrafts in the company's demand deposit accounts. Announcement • Jan 27
Northeast Community Bancorp, Inc. and NorthEast Community Bank Announces Directorate Changes nounced that On January 20, 2026, Linda M. Swan notified the NorthEast Community Bancorp, Inc“Company” and NorthEast Community Bank (the “Bank”) that she will be retiring as a director of the Company and the Bank effective as of January 20, 2026. Ms. Swan’s retirement was not the result of any disagreement with the Company or the Bank regarding the operations, policies or practices of the Company or the Bank. (d) On January 22, 2026, the Board of Directors of the Company and the Bank appointed Lynette Bennett to serve as a director of the Company and the Bank. Ms. Bennett was appointed to fill the vacancy on the Board of Directors of the Company and the Bank resulting from the retirement of Ms. Swan. Announcement • Dec 20
Northeast Community Bancorp, Inc. announces Quarterly dividend, payable on February 06, 2026 Northeast Community Bancorp, Inc. announced Quarterly dividend of USD 0.2000 per share payable on February 06, 2026, ex-date on January 05, 2026 and record date on January 05, 2026. Announcement • Oct 24
Northeast Community Bancorp, Inc. Reports Charged-Offs for the Quarter Ended September 30, 2025 Northeast Community Bancorp, Inc. reported charged-offs for the quarter ended September 30, 2025. For the period, With respect to the allowance for credit losses for loans, company charged-off $75,000 during the three months ended September 30, 2025 as compared to charge-offs of $82,000 during the three months ended September 30, 2024. The charge-offs during both periods were against various unpaid overdrafts in our demand deposit accounts. Announcement • Sep 19
NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on or about November 7, 2025 NorthEast Community Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend will be paid on or about November 7, 2025 to shareholders of record as of the close of business on October 3, 2025. Announcement • Aug 22
NorthEast Community Bancorp, Inc. Announces Special Cash Dividend, Payable on or about October 6, 2025 NorthEast Community Bancorp, Inc. announced that its Board of Directors has declared a special cash dividend of $0.20 per share on its outstanding common stock. The special cash dividend will be paid on or about October 6, 2025, to shareholders of record as of the close of business on September 8, 2025. Announcement • Jun 20
Northeast Community Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on or About August 6, 2025 NorthEast Community Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend will be paid on or about August 6, 2025 to shareholders of record as of the close of business on July 7, 2025. Announcement • Apr 22
Northeast Community Bancorp, Inc. Reports Charged-Offs for the Three Months Ended Mar. 31, 2025 Northeast Community Bancorp, Inc. reported charged-offs for the three months ended Mar. 31, 2025. With respect to the allowance for credit losses for loans, the company charged-off $117,000 during the three months ended March 31, 2025 as compared to charge-offs of $21,000 during the three months ended March 31, 2024. The charge-offs during both periods were against various unpaid overdrafts in the company's demand deposit accounts. Announcement • Feb 21
Northeast Community Bancorp, Inc., Annual General Meeting, May 22, 2025 Northeast Community Bancorp, Inc., Annual General Meeting, May 22, 2025. Announcement • Feb 01
Northeast Community Bancorp, Inc. Reports Charge-Offs for the Fourth Quarter Ended December 31, 2024 Northeast Community Bancorp, Inc. reported charge-offs for the fourth quarter ended December 31, 2024. For the quarter, the company charged-off $232,000 as compared to charge-offs of $27,000 a year ago. The charge-offs during both periods were against various unpaid overdrafts in demand deposit accounts. Announcement • Dec 20
NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on or about February 5, 2025 NorthEast Community Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per common share. The dividend will be paid on or about February 5, 2025 to shareholders of record as of the close of business on January 3, 2025. Reported Earnings • Oct 30
Third quarter 2024 earnings released: EPS: US$0.91 (vs US$0.80 in 3Q 2023) Third quarter 2024 results: EPS: US$0.91 (up from US$0.80 in 3Q 2023). Revenue: US$27.5m (up 9.3% from 3Q 2023). Net income: US$12.7m (up 7.1% from 3Q 2023). Profit margin: 46% (in line with 3Q 2023). Announcement • Oct 29
Northeast Community Bancorp, Inc. Reports Charged-Offs for the Third Quarter Ended September 30, 2024 Northeast Community Bancorp, Inc. reported charged-offs for the third quarter ended September 30, 2024. With respect to the allowance for credit losses for loans, the company charged-off $82,000 during the three months ended September 30, 2024 as compared to charge-offs of $71,000 during the three months ended September 30, 2023. Declared Dividend • Sep 30
Second quarter dividend of US$0.30 announced Shareholders will receive a dividend of US$0.30. Ex-date: 4th October 2024 Payment date: 6th November 2024 Dividend yield will be 2.3%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has grown by 39% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Sep 22
Northeast Community Bancorp, Inc. Declares Special Cash Dividend, Payable on or About November 6, 2024 On September 19, 2024, NorthEast Community Bancorp, Inc. announcing that its Board of Directors has (i) declared a special cash dividend of $0.15 per share on the Company’s outstanding common stock. The special cash dividend will be paid on or about November 6, 2024 to shareholders of record as of the close of business on October 4, 2024. Announcement • Sep 21
Northeast Community Bancorp, Inc. Approves Quarterly Cash Dividend, to Be Paid on or About November 6, 2024 On September 19, 2024, NorthEast Community Bancorp, Inc. announcing that its Board of Directors has approved an increase in the Company’s quarterly cash dividend from $0.10 per share to $0.15 per share. The increased quarterly dividend will be paid on or about November 6, 2024 to shareholders of record as of the close of business on October 4, 2024. Reported Earnings • Jul 25
Second quarter 2024 earnings released: EPS: US$0.98 (vs US$0.75 in 2Q 2023) Second quarter 2024 results: EPS: US$0.98 (up from US$0.75 in 2Q 2023). Revenue: US$27.2m (up 11% from 2Q 2023). Net income: US$12.8m (up 15% from 2Q 2023). Profit margin: 47% (up from 45% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.7% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 3.3%. Declared Dividend • Jul 01
First quarter dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 5th July 2024 Payment date: 6th August 2024 Dividend yield will be 1.9%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 16% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 13% over the next year. However, it would need to fall by 91% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: US$0.87 (vs US$0.77 in 1Q 2023) First quarter 2024 results: EPS: US$0.87 (up from US$0.77 in 1Q 2023). Revenue: US$25.7m (up 7.3% from 1Q 2023). Net income: US$11.4m (up 1.2% from 1Q 2023). Profit margin: 44% (down from 47% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 2.0% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 3.3%. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: US$3.32 (vs US$1.61 in FY 2022) Full year 2023 results: EPS: US$3.32 (up from US$1.61 in FY 2022). Revenue: US$99.8m (up 53% from FY 2022). Net income: US$46.3m (up 86% from FY 2022). Profit margin: 46% (up from 38% in FY 2022). The increase in margin was driven by higher revenue. Net interest margin (NIM): 6.41% (up from 5.32% in FY 2022). Revenue is forecast to stay flat during the next 2 years compared to a 3.3% growth forecast for the Banks industry in Europe. Declared Dividend • Mar 25
Fourth quarter dividend of US$0.10 announced Shareholders will receive a dividend of US$0.10. Ex-date: 4th April 2024 Payment date: 6th May 2024 Dividend yield will be 1.9%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (7% payout ratio) and is expected to be well covered in 3 years' time (10% forecast payout ratio). The dividend has increased by an average of 10% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 30% over the next 2 years. However, it would need to fall by 92% to increase the payout ratio to a potentially unsustainable range. Announcement • Mar 22
Northeast Community Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on or About May 6, 2024 Northeast Community Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per common share. The dividend will be paid on or about May 6, 2024 to shareholders of record as of the close of business on April 5, 2024. Announcement • Feb 23
Northeast Community Bancorp, Inc., Annual General Meeting, May 23, 2024 Northeast Community Bancorp, Inc., Annual General Meeting, May 23, 2024. Reported Earnings • Feb 06
Full year 2023 earnings released: EPS: US$3.32 (vs US$1.61 in FY 2022) Full year 2023 results: EPS: US$3.32 (up from US$1.61 in FY 2022). Revenue: US$99.8m (up 53% from FY 2022). Net income: US$46.3m (up 86% from FY 2022). Profit margin: 46% (up from 38% in FY 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 1.3% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 2.2%. Announcement • Feb 02
Northeast Community Bancorp, Inc. Reports Charge-Offs for the Fourth Quarter Ended December 31, 2023 Northeast Community Bancorp, Inc. reported charge-offs for the fourth quarter ended December 31, 2023. For the quarter, the company charged-off $27,000 as compared to charge-offs of $426,000 a year ago. The company recorded no recoveries from previously charged-off loans during the three months ended December 31, 2023 and 2022. Buying Opportunity • Jan 10
Now 20% undervalued Over the last 90 days, the stock is up 11%. The fair value is estimated to be €19.56, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 58%. Revenue is forecast to grow by 2.6% in 2 years. Earnings is forecast to decline by 20% in the next 2 years. Announcement • Dec 22
NorthEast Community Bancorp, Inc. Declares Quarterly Cash Dividend, Payable on or About February 5, 2024 NorthEast Community Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per common share. The dividend will be paid on or about February 5, 2024 to shareholders of record as of the close of business on January 3, 2024. Buying Opportunity • Nov 28
Now 21% undervalued Over the last 90 days, the stock is up 2.7%. The fair value is estimated to be €19.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 35% over the last 3 years. Earnings per share has grown by 58%. Revenue is forecast to grow by 2.6% in 2 years. Earnings is forecast to decline by 20% in the next 2 years. New Risk • Nov 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 13% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Nov 01
Third quarter 2023 earnings released: EPS: US$0.80 (vs US$0.48 in 3Q 2022) Third quarter 2023 results: EPS: US$0.80 (up from US$0.48 in 3Q 2022). Revenue: US$25.2m (up 42% from 3Q 2022). Net income: US$11.8m (up 57% from 3Q 2022). Profit margin: 47% (up from 42% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 11% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 3.0%. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$0.75 (vs US$0.35 in 2Q 2022) Second quarter 2023 results: EPS: US$0.75 (up from US$0.35 in 2Q 2022). Revenue: US$24.4m (up 74% from 2Q 2022). Net income: US$11.1m (up 106% from 2Q 2022). Profit margin: 45% (up from 38% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is expected to decline by 12% p.a. on average during the next 2 years, while revenues in the Banks industry in Europe are expected to grow by 4.0%. Announcement • Jun 23
NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend, Payable on or about August 4, 2023 NorthEast Community Bancorp, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.06 per common share. The dividend will be paid on or about August 4, 2023 to shareholders of record as of the close of business on July 5, 2023. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: US$0.80 (vs US$0.23 in 1Q 2022) First quarter 2023 results: EPS: US$0.80 (up from US$0.23 in 1Q 2022). Revenue: US$24.0m (up 100% from 1Q 2022). Net income: US$11.2m (up 209% from 1Q 2022). Profit margin: 47% (up from 30% in 1Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 2 years compared to a 3.8% growth forecast for the Banks industry in Europe. Buying Opportunity • Mar 22
Now 21% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €15.24, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 23%. Revenue is forecast to grow by 25% in 2 years. Earnings is forecast to grow by 4.4% in the next 2 years. Recent Insider Transactions • Mar 17
Independent Director recently bought €59k worth of stock On the 9th of March, Charles Cirillo bought around 4k shares on-market at roughly €14.64 per share. This transaction amounted to 20% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €375k more in shares than they have sold in the last 12 months. Reported Earnings • Feb 03
Full year 2022 earnings released: EPS: US$1.61 (vs US$0.75 in FY 2021) Full year 2022 results: EPS: US$1.61 (up from US$0.75 in FY 2021). Revenue: US$65.1m (up 55% from FY 2021). Net income: US$24.8m (up 109% from FY 2021). Profit margin: 38% (up from 28% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Mortgage industry in Europe. Announcement • Feb 02
Northeast Community Bancorp, Inc. Reports Unaudited Impairment Loss for the Fourth Quarter Ended December 31, 2022 Northeast Community Bancorp, Inc. reported unaudited impairment loss for the fourth quarter ended December 31, 2022. For the year, the company reported impairment loss on goodwill of $451,000. Board Change • Dec 29
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 7 highly experienced directors. Director Linda Swan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 
