NECB Stock Price, Northeast Community Ban, . Quote, Chart

Market Summary

USD17.16+0.20

Market Closed

1.18%

NECB Stock Price

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NECB RSI Chart

NECB Valuation

Market Cap

240.8M

Price/Earnings (Trailing)

5.19

Price/Sales (Trailing)

1.69

EV/EBITDA

1.09

Price/Free Cashflow

5.45

NECB Price/Sales (Trailing)

NECB Profitability

EBT Margin

45.75%

Return on Equity

16.06%

Return on Assets

2.49%

Free Cashflow Yield

18.35%

NECB Fundamentals

NECB Revenue

Revenue (TTM)

142.1M

Rev. Growth (Yr)

33.71%

Rev. Growth (Qtr)

2.68%

NECB Earnings

Earnings (TTM)

46.4M

Earnings Growth (Yr)

1.16%

Earnings Growth (Qtr)

-6.01%

Breaking Down NECB Revenue

Last 7 days

1.9%

Last 30 days

14.0%

Last 90 days

10.6%

Trailing 12 Months

33.2%

How does NECB drawdown profile look like?

NECB Financial Health

Debt/Equity

0.16

Debt/Cashflow

0.95

NECB Investor Care

Dividend Yield

1.63%

Dividend/Share (TTM)

0.28

Buy Backs (1Y)

7.02%

Diluted EPS (TTM)

3.37

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2024	142.1M	0	0	0
2023	87.2M	104.1M	119.9M	132.5M
2022	49.9M	53.0M	60.3M	72.0M
2021	48.1M	47.5M	47.6M	48.4M
2020	0	0	0	49.0M

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Tracking the Latest Insider Buys and Sells of Northeast Community Bancorp, Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 27, 2024	hom donald s	acquired	14,080	14.08	1,000	evp and cfo
Dec 01, 2023	martinek charles a	sold	-17,052	17.0522	-1,000	-
Nov 17, 2023	hom donald s	sold (taxes)	-45,876	17.01	-2,697	evp and cfo
Nov 17, 2023	martinek charles a	sold (taxes)	-9,049	17.01	-532	-
Nov 17, 2023	martinek kenneth a	sold (taxes)	-150,402	17.01	-8,842	chairman and ceo
Nov 17, 2023	collazo jose m	sold (taxes)	-103,302	17.01	-6,073	president and coo
Nov 17, 2023	martinek kenneth a	sold (taxes)	-17,469	17.01	-1,027	chairman and ceo
Nov 15, 2023	swan linda m	acquired	-	-	1,728	-
Mar 09, 2023	cirillo charles michael	bought	61,930	15.4826	4,000	-
Nov 17, 2022	collazo jose m	acquired	-	-	54,791	president and coo

Which funds bought or sold NECB recently?

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Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 10, 2024	CITIGROUP INC	added	31.37	5,920	41,826	-%
May 10, 2024	WELLS FARGO & COMPANY/MN	added	12.4	-241	69,442	-%
May 10, 2024	DIMENSIONAL FUND ADVISORS LP	added	45.71	708,996	3,137,910	-%
May 10, 2024	Covestor Ltd	added	116	1,000	2,000	-%
May 10, 2024	AJOVista, LLC	sold off	-100	-42,966	-	-%
May 10, 2024	OSAIC HOLDINGS, INC.	unchanged	-	-2,010	15,730	-%
May 10, 2024	ACADIAN ASSET MANAGEMENT LLC	reduced	-1.46	-343,000	2,377,000	0.01%
May 10, 2024	BlackRock Inc.	reduced	-0.28	-2,180,620	16,659,000	-%
May 10, 2024	VANGUARD GROUP INC	added	5.33	-740,352	10,472,900	-%
May 10, 2024	JPMORGAN CHASE & CO	added	80.49	187,840	500,702	-%

Are Funds Buying or Selling NECB?

Are funds buying NECB calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own NECB

No. of Funds

Unveiling Northeast Community Bancorp, Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	m3 partners lp	2.98%	422,343	SC 13G/A
Feb 12, 2024	northeast community bank employee stock ownership plan	9.4%	1,333,797	SC 13G/A
Jan 26, 2024	blackrock inc.	7.5%	1,061,985	SC 13G
Feb 10, 2023	m3 partners lp	9.60%	1,547,106	SC 13G/A
Feb 06, 2023	northeast community bank employee stock ownership plan	8.4%	1,355,129	SC 13G/A
Feb 14, 2022	m3 partners lp	8.43%	1,380,840	SC 13G/A
Feb 11, 2022	northeast community bank employee stock ownership plan	8.4%	1,371,040	SC 13G
Jul 23, 2021	m3 partners lp	7.02%	1,150,000	SC 13G

Recent SEC filings of Northeast Community Bancorp, Inc.

View All Filings

Date Filed	Form Type	Document
May 09, 2024	10-Q	Quarterly Report
Apr 26, 2024	8-K	Current Report
Apr 12, 2024	DEFA14A	DEFA14A
Apr 12, 2024	DEF 14A	DEF 14A
Apr 12, 2024	ARS	ARS
Mar 28, 2024	10-K	Annual Report
Feb 28, 2024	4	Insider Trading
Feb 14, 2024	SC 13G/A	Major Ownership Report
Feb 12, 2024	SC 13G/A	Major Ownership Report
Feb 05, 2024	8-K	Current Report

Peers (Alternatives to Northeast Community Bancorp, Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	570.5B	174.7B	8.69%	48.16%	11.33	3.27	53.11%	19.83%
BAC	299.1B	137.9B	6.85%	41.16%	11.95	2.17	56.12%	-12.56%
WFC	213.6B	85.8B	8.52%	63.46%	11.38	2.49	35.02%	26.14%
C	120.9B	125.0B	6.23%	39.49%	15.13	0.97	37.85%	-
CFG	16.4B	10.4B	8.48%	44.96%	11.43	1.57	26.22%	-33.87%
KEY	14.0B	8.1B	1.78%	65.41%	16.04	1.72	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	3.79%	66.34%	10.15	1.66	34.68%	-45.96%
ZION	6.5B	4.1B	8.06%	95.94%	10.32	1.59	32.93%	-30.73%
ABCB	3.4B	1.3B	9.68%	70.56%	12.1	2.6	30.60%	-12.99%
ASB	3.3B	2.0B	8.96%	50.51%	20.76	1.64	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	406.0M	152.4M	2.65%	46.43%	40.84	2.66	16.94%	-73.84%
AROW	395.4M	173.1M	7.98%	20.88%	13.55	2.28	26.54%	-34.86%
ACNB	294.5M	98.7M	5.64%	21.02%	10.01	2.98	6.27%	-22.90%
ASRV	46.0M	62.5M	12.13%	-6.62%	-15.54	0.74	18.83%	-145.18%

Northeast Community Bancorp, Inc. News

Latest updates

Northeast Community Bancorp, Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Revenue	2.7%	38.00	37.00	35.00	32.00	29.00	25.00	19.00	15.00	13.00	13.00	12.00	12.00	12.00	12.00	12.00	12.00	13.00
EBITDA Margin	-5.4%	1.16*	1.23*	1.29*	1.35*	1.39*	1.38*	1.38*	1.27*	1.25*	1.24*	1.20*	1.25*	1.18*	1.14*	-	-	-
Interest Expenses	-0.9%	25.00	25.00	25.00	24.00	23.00	21.00	17.00	14.00	12.00	12.00	11.00	10.00	10.00	10.00	10.00	10.00	9.00
Income Taxes	-8.0%	5.00	5.00	4.00	4.00	5.00	4.00	2.00	2.00	1.00	1.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00
Earnings Before Taxes	-6.6%	16.00	17.00	16.00	16.00	16.00	13.00	10.00	7.00	5.00	6.00	1.00	5.00	4.00	4.00	4.00	3.00	4.00
EBT Margin	-6.4%	0.46*	0.49*	0.50*	0.52*	0.52*	0.48*	0.45*	0.35*	0.32*	0.32*	0.30*	0.36*	0.32*	0.32*	-	-	-
Net Income	-6.0%	11.00	12.00	12.00	11.00	11.00	8.00	8.00	5.00	4.00	4.00	1.00	4.00	3.00	3.00	3.00	2.00	3.00
Net Income Margin	-6.5%	0.33*	0.35*	0.35*	0.37*	0.37*	0.35*	0.34*	0.26*	0.25*	0.25*	0.23*	0.29*	0.26*	0.25*	-	-	-
Free Cashflow	9.5%	13.00	12.00	13.00	7.00	11.00	13.00	7.00	5.00	-1.05	8.00	5.00	-1.94	4.00	1.00	7.00	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet														(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4
Assets	5.8%	1,867	1,764	1,720	1,616	1,503	1,425	1,285	1,222	1,281	1,225	1,108	1,077	965	968
Cash Equivalents	56.5%	107	69.00	107	120	77.00	95.00	55.00	86.00	175	152	108	164	56.00	69.00
Net PPE	-0.9%	25.00	25.00	26.00	26.00	26.00	26.00	26.00	26.00	25.00	24.00	24.00	23.00	19.00	19.00
Goodwill	-	-	-	0.00	0.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Liabilities	6.3%	1,578	1,485	1,448	1,346	1,240	1,163	1,025	965	1,027	974	859	916	808	814
Long Term Debt	-26.6%	47.00	64.00	64.00	-	-	21.00	-	-	-	-	-	-	-	-
Shareholder's Equity	3.4%	289	279	272	270	263	262	260	256	254	251	249	161	157	154
Retained Earnings	5.7%	186	176	164	153	143	133	125	119	117	114	112	112	108	105
Additional Paid-In Capital	-0.6%	109	110	115	123	126	136	142	145	145	145	145	57.00	57.00	57.00
Shares Outstanding	-0.6%	14.00	14.00	14.00	15.00	15.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00	16.00
Float	-	-	-	-	196	-	-	-	174	-	-	-	-	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																	(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1
Cashflow From Operations	7.8%	12,908	11,969	12,921	6,996	10,949	13,092	7,168	6,451	828	8,906	5,471	2,581	4,598	1,009	7,107	3,739	3,808
Cashflow From Investing	13.4%	-67,337	-77,743	-116,401	-65,155	-98,543	-100,024	-93,869	-27,106	-35,591	-73,696	-91,142	-2,732	-11,293	-13,311	-3,755	-14,804	-40,246
Cashflow From Financing	236.2%	93,206	27,722	90,328	100,989	69,331	127,308	55,406	-67,802	57,178	109,046	29,849	108,120	-6,630	7,971	-2,257	40,350	-48,095
Dividend Payments	-100.0%	-	867	902	914	969	972	983	3,930	983	983	983	152	143	129	147	372	360
Buy Backs	-76.5%	1,251	5,322	8,946	3,920	10,522	-	3,195	-	-	-	-	-	-	-	-	-	-

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NECB Income Statement

2023-12-31

Consolidated Statements of Income - USD ($) shares in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
INTEREST INCOME:
Loans	$ 127,486,000	$ 69,992,000
Interest-earning deposits	4,143,000	1,260,000
Securities	859,000	750,000
Total Interest Income	132,488,000	72,002,000
INTEREST EXPENSE:
Deposits	34,181,000	7,544,000
Borrowings	1,078,000	546,000
Financing lease	38,000	37,000
Total Interest Expense	35,297,000	8,127,000
Net Interest Income	97,191,000	63,875,000
Provision for credit loss	972,000	439,000
Net Interest Income after Provision for Credit Losses	96,219,000	63,436,000
NON-INTEREST INCOME:
Other loan fees and service charges	1,891,000	1,994,000
(Loss) gain on disposition of equipment	(18,000)	98,000
Earnings on bank owned life insurance	1,013,000	604,000
Investment advisory fees	458,000	474,000
Realized and unrealized gain (loss) on equity securities	294,000	(1,573,000)
Other	105,000	86,000
Total Non-Interest Income	3,743,000	1,683,000
NON-INTEREST EXPENSES:
Salaries and employee benefits	18,839,000	15,549,000
Occupancy expense	2,595,000	2,428,000
Equipment	1,055,000	1,107,000
Outside data processing	2,210,000	1,886,000
Advertising	521,000	299,000
Impairment loss on goodwill		451,000
Loss on disposition of business	138,000
Real estate owned expense	93,000	623,000
Other	9,770,000	8,347,000
Total Non-Interest Expenses	35,221,000	30,690,000
INCOME BEFORE PROVISION FOR INCOME TAXES	64,741,000	34,429,000
PROVISION FOR INCOME TAXES	18,465,000	9,586,000
NET INCOME	$ 46,276,000	$ 24,843,000
EARNINGS PER COMMON SHARE - BASIC (in $ per share)	$ 3.32	$ 1.61
EARNINGS PER COMMON SHARE - DILUTED (in $ per share)	$ 3.32	$ 1.58
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - BASIC (in shares)	13,930	15,433
WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING - DILUTED (in shares)	13,936	15,726

About Northeast Community Bancorp, Inc.

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 types of liquid assets, including U.S. Treasury obligations, municipal securities, deposits at the Federal Home Loan Bank of New York, and certificates of deposit of federally insured institutions, as well as securities of various federal agencies, and of state and municipal governments. Further, the company offers financial planning and investment advisory services; and life insurance products and fixed-rate annuities. It operates full-service branches located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York and Essex, Middlesex, and Norfolk Counties in Massachusetts; and loan production offices located in White Plains, New York, and New City counties in New York and Danvers, Massachusetts. The company was founded in 1934 and is headquartered in White Plains, New York.

CEO	Mr. Kenneth A. Martinek
WEBSITE	necommunitybank.com
INDUSTRY	Banks Diversified
EMPLOYEES	134

Northeast Community Bancorp, Inc. Frequently Asked Questions

What is the ticker symbol for Northeast Community Bancorp, Inc.? What does NECB stand for in stocks?

NECB is the stock ticker symbol of Northeast Community Bancorp, Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Northeast Community Bancorp, Inc. (NECB)?

As of Mon May 13 2024, market cap of Northeast Community Bancorp, Inc. is 240.8 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of NECB stock?

You can check NECB's fair value in chart for subscribers.

What is the fair value of NECB stock?

You can check NECB's fair value in chart for subscribers. The fair value of Northeast Community Bancorp, Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Northeast Community Bancorp, Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for NECB so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Northeast Community Bancorp, Inc. a good stock to buy?

The fair value guage provides a quick view whether NECB is over valued or under valued. Whether Northeast Community Bancorp, Inc. is cheap or expensive depends on the assumptions which impact Northeast Community Bancorp, Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for NECB.

What is Northeast Community Bancorp, Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Mon May 13 2024, NECB's PE ratio (Price to Earnings) is 5.19 and Price to Sales (PS) ratio is 1.69. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. NECB PE ratio will change depending on the future growth rate expectations of investors.