Northeast Community Bancorp Management
Management criteria checks 4/4
Northeast Community Bancorp's CEO is Kenneth Martinek, appointed in Jul 2006, has a tenure of 18.42 years. total yearly compensation is $900.51K, comprised of 58.3% salary and 41.7% bonuses, including company stock and options. directly owns 2.33% of the company’s shares, worth $6.85M. The average tenure of the management team and the board of directors is 12.8 years and 15.2 years respectively.
Key information
Kenneth Martinek
Chief executive officer
US$900.5k
Total compensation
| CEO salary percentage | 58.3% |
| CEO tenure | 18.4yrs |
| CEO ownership | 2.3% |
| Management average tenure | 12.8yrs |
| Board average tenure | 15.2yrs |
Recent management updates
Recent updates
Northeast Community Bancorp: Don't Overlook The Construction Loan Risk
Nov 30Northeast Community Bancorp's (NASDAQ:NECB) Upcoming Dividend Will Be Larger Than Last Year's
Sep 24
Northeast Community Bancorp: Recent Stellar Upside Isn't The End Of The Story
Sep 01Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Dividend Of $0.10
Jun 24Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Larger Dividend Than Last Year At $0.10
Mar 26Northeast Community Bancorp (NASDAQ:NECB) Is Paying Out A Dividend Of $0.06
Dec 26With EPS Growth And More, Northeast Community Bancorp (NASDAQ:NECB) Makes An Interesting Case
Nov 04Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Dividend Of $0.06
Jun 27Northeast Community Bancorp (NASDAQ:NECB) Has Announced A Dividend Of $0.06
Apr 01This Analyst Just Wrote A Brand New Outlook For Northeast Community Bancorp, Inc.'s (NASDAQ:NECB) Business
Feb 15Northeast Community Bancorp (NASDAQ:NECB) Will Pay A Dividend Of $0.06
Dec 20Northeast Community Bancorp (NASDAQ:NECB) Has Announced A Dividend Of $0.06
Oct 04Northeast Community Bancorp declares $0.06 dividend
Sep 29Northeast Community Bancorp GAAP EPS of $0.35 beats by $0.07, revenue of $14.08M beats by $0.44M
Jul 22CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$49m |
| Jun 30 2024 | n/a | n/a | US$48m |
| Mar 31 2024 | n/a | n/a | US$46m |
| Dec 31 2023 | US$901k | US$525k | US$46m |
| Sep 30 2023 | n/a | n/a | US$42m |
| Jun 30 2023 | n/a | n/a | US$38m |
| Mar 31 2023 | n/a | n/a | US$32m |
| Dec 31 2022 | US$3m | US$525k | US$25m |
| Sep 30 2022 | n/a | n/a | US$21m |
| Jun 30 2022 | n/a | n/a | US$14m |
| Mar 31 2022 | n/a | n/a | US$12m |
| Dec 31 2021 | US$775k | US$505k | US$12m |
| Sep 30 2021 | n/a | n/a | US$11m |
| Jun 30 2021 | n/a | n/a | US$14m |
| Mar 31 2021 | n/a | n/a | US$12m |
| Dec 31 2020 | US$588k | US$400k | US$12m |
| Dec 31 2019 | US$594k | US$389k | US$13m |
| Dec 31 2018 | US$593k | US$388k | US$13m |
| Dec 31 2017 | US$426k | US$353k | US$8m |
Compensation vs Market: Kenneth's total compensation ($USD900.51K) is below average for companies of similar size in the US market ($USD1.41M).
Compensation vs Earnings: Kenneth's compensation has been consistent with company performance over the past year.
CEO
Kenneth Martinek (72 yo)
18.4yrs
Tenure
US$900,505
Compensation
Mr. Kenneth A. Martinek served as the Chairman and Chief Executive Officer of Northeast Community Bancorp, MHC. Mr. Martinek has also been the Chairman and Chief Executive Officer at Northeast Community Ba...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 18.4yrs | US$900.51k | 2.33% $ 6.9m | |
| President | 12.8yrs | US$660.05k | 0.91% $ 2.7m | |
| Executive VP & CFO | 11.4yrs | US$478.65k | 0.43% $ 1.3m | |
| Corporate Secretary | no data | no data | no data |
12.8yrs
Average Tenure
69yo
Average Age
Experienced Management: NECB's management team is seasoned and experienced (12.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 18.4yrs | US$900.51k | 2.33% $ 6.9m | |
| President | 11.4yrs | US$660.05k | 0.91% $ 2.7m | |
| Independent Director | 23.9yrs | US$51.19k | 0.43% $ 1.3m | |
| Independent Director | 2.5yrs | US$107.09k | 0.023% $ 68.2k | |
| Director | 22.9yrs | no data | 0.25% $ 724.2k | |
| Independent Director | 32.9yrs | US$52.94k | 0.11% $ 337.6k | |
| Independent Director | 18.1yrs | US$51.44k | 0.29% $ 858.5k | |
| Independent Director | 12.3yrs | US$52.19k | 0.24% $ 718.9k | |
| Independent Director | 6.9yrs | US$65.69k | 0.21% $ 617.0k | |
| Director | less than a year | no data | no data |
15.2yrs
Average Tenure
68yo
Average Age
Experienced Board: NECB's board of directors are seasoned and experienced ( 15.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Northeast Community Bancorp, Inc. is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Justin Crowley | Piper Sandler Companies |