Northeast Community Bancorp

Northeast Community Bancorp, Inc. operates as a bank holding company. The firm offers a comprehensive line of banking products and services, including mobile banking, commercial real estate loans, commercial construction financing, lines of credit and term loans. Its business banking services include remote deposit, online banking and bill payment, online financial management tools, ACH services, business checking, sweep accounts, overdraft protection and wealth management services. The company was founded on July 5, 2006 and is headquartered in White Plains, NY.

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Northeast Community Bancorp, Inc. is a bank holding company, which offers a comprehensive line of banking products and services, including mobile banking, commercial real estate loans, commercial construction financing, lines of credit, and term loans. Its business banking services include remote deposit, online banking and bill payment, online financial management tools, ACH services, business checking, sweep accounts, overdraft protection, and wealth management services. The company was founded on July 5, 2006 and is headquartered in White Plains, NY.

Northeast Community Bancorp (NECB) came out with quarterly earnings of $0.95 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.80 per share a year ago.

Northeast Community Bancorp (NECB) Tops Q3 Earnings and Revenue Estimates

WHITE PLAINS, N.Y., Oct. 28, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), generated net income of $12.7 million, or $0.97 per basic share and $0.95 per diluted share, for the three months ended September 30, 2024 compared to net income of $11.8 million, or $0.80 per basic and diluted share, for the three months ended September 30, 2023.

NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2024

Northeast Community Bancorp (NECB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Northeast Community Bancorp (NECB) to Report Q3 Results: Wall Street Expects Earnings Growth

Does Northeast Community Bancorp (NECB) have what it takes to be a top stock pick for momentum investors? Let's find out.

Northeast Community Bancorp (NECB) is a Great Momentum Stock: Should You Buy?

Northeast Community Bancorp (NECB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Strength Seen in Northeast Community Bancorp (NECB): Can Its 6.6% Jump Turn into More Strength?

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NECB announces quarterly dividend and special cash dividend of 15 cents per share each. The quarterly dividend reflects a 50% hike from the prior payout.

NorthEast Community Bancorp Hikes Quarterly Cash Dividend by 50%

WHITE PLAINS, N.Y., Sept. 19, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (NasdaqCM: NECB) announced today that its Board of Directors has declared a special cash dividend of $0.15 per share on its outstanding common stock.

NorthEast Community Bancorp, Inc. Announces Increase in Quarterly Cash Dividend and Special Cash Dividend

Northeast Community Bancorp has surged 36% since my 'strong buy' rating in May, significantly outperforming the S&P 500's 7.3% rise. Despite a drop in net interest margin, net interest income rose 12.8% year-over-year, driven by increased interest-bearing liabilities. The bank's balance sheet shows growth in deposits and loans, low debt, and increased cash, making it financially robust.

Northeast Community Bancorp: Recent Stellar Upside Isn't The End Of The Story

Northeast Community Bancorp (NECB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Northeast Community Bancorp Inc. (NECB) Hits Fresh High: Is There Still Room to Run?

Northeast Community Bancorp (NECB) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.75 per share a year ago.

Northeast Community Bancorp (NECB) Beats Q2 Earnings and Revenue Estimates

WHITE PLAINS, N.Y., July 22, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), generated net income of $12.8 million, or $0.98 per basic share and $0.97 per diluted share, for the three months ended June 30, 2024 compared to net income of $11.1 million, or $0.75 per basic and diluted share, for the three months ended June 30, 2023. In addition, the Company generated net income of $24.2 million, or $1.84 per basic share and $1.83 per diluted share, for the six months ended June 30, 2024 compared to net income of $22.3 million, or $1.56 per basic and diluted share, for the six months ended June 30, 2023.

NorthEast Community Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2024

Analysts Estimate Northeast Community Bancorp (NECB) to Report a Decline in Earnings: What to Look Out for

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Northeast Community Bancorp (NECB) Right Now?

WHITE PLAINS, N.Y., June 20, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.10 per common share.

NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend

Northeast Community Bancorp is a small bank with a market capitalization of $188 million. The bank has experienced impressive growth in deposits and loans over the past few years. Shares of Northeast Community Bancorp are attractively priced and the bank has a strong track record of profitability and asset quality.

Northeast Community Bancorp: A Stellar Prospect For Value Investors

Our strategy is to invest in banks trading below tangible book value with overcapitalized balance sheets, solid asset quality, and shareholder-friendly management teams. We recap the earnings season and highlight a few interesting ideas, including PDLB and NBBK. After revisiting our investment thesis, we are maintaining a strong buy rating for NECB.

Bank Buzz: Northeast Community Is Executing The 'Thrift Game Plan' Perfectly

Is Northeast Community Bancorp (NECB) Stock Undervalued Right Now?

WHITE PLAINS, N.Y., April 25, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $11.4 million, or $0.87 per basic share and $0.86 per diluted share, for the three months ended March 31, 2024 compared to net income of $11.2 million, or $0.77 per basic and diluted share, for the three months ended March 31, 2023.

NorthEast Community Bancorp, Inc. Reports Results for the Three Months Ended March 31, 2024

Is Northeast Community Bancorp (NECB) a Great Value Stock Right Now?

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Investors may keep a tab on stocks like INDB, NECB, STM, CMC and JPM, which have lately hiked their dividend payments.

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Should Value Investors Buy Northeast Community Bancorp (NECB) Stock?

NorthEast Community Bancorp (NECB) rewards shareholders with a 66.7% increase in quarterly cash dividend. This, along with the share repurchase plan, will keep enhancing shareholder value.

NorthEast Community Bancorp (NECB) Hikes Dividend by 66.7%

WHITE PLAINS, N.Y., March 21, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.10 per common share.

NorthEast Community Bancorp, Inc. Announces Increased Quarterly Cash Dividend

Northeast Community Bancorp (NECB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Northeast Community Bancorp (NECB) Upgraded to Buy: Here's What You Should Know

News for Northeast Community Bancorp Stock (NECB)