Financial Services - Banks - Regional - NASDAQ - US
$ 29.08
0.103 %
$ 408 M
Market Cap
8.1
P/E
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. 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.[ Read More ]
The intrinsic value of one NECB stock under the base case scenario is HIDDEN Compared to the current market price of 29.1 USD, Northeast Community Bancorp, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart NECB
FINANCIALS
99.8 M
REVENUE
64.9 M
OPERATING INCOME
46.3 M
NET INCOME
42.8 M
OPERATING CASH FLOW
-358 M
INVESTING CASH FLOW
288 M
FINANCING CASH FLOW
41.5 M
REVENUE
17.6 M
OPERATING INCOME
12.7 M
NET INCOME
14.4 M
OPERATING CASH FLOW
-53.9 M
INVESTING CASH FLOW
23.4 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Northeast Community Bancorp, Inc.
| Current Assets | 81 M |
| Cash & Short-Term Investments | 68.7 M |
| Receivables | 12.3 M |
| Other Current Assets | 0 |
| Non-Current Assets | 86.7 M |
| Long-Term Investments | 56.3 M |
| PP&E | 30.4 M |
| Other Non-Current Assets | 0 |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 0 |
| Other Current Liabilities | 0 |
| Non-Current Liabilities | 1.48 B |
| Long-Term Debt | 69.2 M |
| Other Non-Current Liabilities | 1.42 B |
EFFICIENCY
Earnings Waterfall
Northeast Community Bancorp, Inc.
| Revenue | 99.8 M |
| Cost Of Revenue | 0 |
| Gross Profit | 99.8 M |
| Operating Expenses | 101 M |
| Operating Income | 64.9 M |
| Other Expenses | 18.6 M |
| Net Income | 46.3 M |
RATIOS
100.00%
GROSS MARGIN
65.01%
OPERATING MARGIN
46.36%
NET MARGIN
16.57%
ROE
2.62%
ROA
13.51%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Northeast Community Bancorp, Inc.
| Net Income | 46.3 M |
| Depreciation & Amortization | 1.22 M |
| Capital Expenditures | -626 K |
| Stock-Based Compensation | 3.05 M |
| Change in Working Capital | -7.4 M |
| Others | -3.51 M |
| Free Cash Flow | 42.2 M |
Wall Street Analysts Price Targets
Northeast Community Bancorp, Inc.
NECB has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.40%
DIVIDEND YIELD
0.3 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Northeast Community Bancorp, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
17.1 K USD 1
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
11 months ago
Dec 01, 2023
|
Sell 17.1 K USD
|
Martinek Charles A
Director |
- 1000
|
17.0522 USD |
|
1 year ago
Mar 09, 2023
|
Bought 61.9 K USD
|
Cirillo Charles Michael
Director |
+ 4000
|
15.4826 USD |
|
2 years ago
Nov 02, 2022
|
Bought 6.99 K USD
|
Thomas Kenneth H
Director |
+ 520
|
13.44 USD |
|
2 years ago
May 23, 2022
|
Bought 44 K USD
|
Martinek Kenneth A
Chairman and CEO |
+ 4000
|
10.9996 USD |
|
2 years ago
May 20, 2022
|
Bought 108 K USD
|
Martinek Kenneth A
Chairman and CEO |
+ 10000
|
10.832 USD |
|
2 years ago
May 13, 2022
|
Bought 25.2 K USD
|
Cirillo Charles Michael
director: |
+ 2300
|
10.9645 USD |
|
2 years ago
May 12, 2022
|
Bought 4.67 K USD
|
McKenzie John F
director: |
+ 423
|
11.03 USD |
|
2 years ago
May 09, 2022
|
Bought 110 K USD
|
Thomas Kenneth H
director: |
+ 10000
|
11.0369 USD |
|
3 years ago
Nov 08, 2021
|
Bought 218 USD
|
OMALLEY KEVIN PATRICK
Director |
+ 19.729
|
11.0469 USD |
|
3 years ago
Jul 12, 2021
|
Bought 25 K USD
|
McKenzie John F
Director |
+ 2500
|
10 USD |
|
2 years ago
Dec 14, 2021
|
Bought 6.62 K USD
|
Thomas Kenneth H
Director |
+ 601
|
11.01 USD |
|
3 years ago
Sep 13, 2021
|
Bought 39.4 K USD
|
Cirillo Charles Michael
Director |
+ 3700
|
10.6498 USD |
|
3 years ago
Sep 13, 2021
|
Bought 532 USD
|
Cavanaugh Diane B
Director |
+ 50
|
10.6406 USD |
|
3 years ago
Sep 10, 2021
|
Bought 2.14 K USD
|
Cavanaugh Diane B
Director |
+ 200
|
10.7 USD |
|
3 years ago
Sep 01, 2021
|
Bought 21 K USD
|
McKenzie John F
Director |
+ 2000
|
10.51 USD |
|
3 years ago
Aug 27, 2021
|
Bought 9.98 K USD
|
McKenzie John F
Director |
+ 950
|
10.5 USD |
|
3 years ago
Aug 20, 2021
|
Bought 1.01 K USD
|
Martinek Charles A
Director |
+ 100
|
10.1 USD |
|
3 years ago
Jul 12, 2021
|
Bought 50 K USD
|
McKenzie John F
Director |
+ 5000
|
10 USD |
|
3 years ago
Jul 12, 2021
|
Bought 110 K USD
|
Thomas Kenneth H
Director |
+ 11000
|
10 USD |
|
3 years ago
Jul 12, 2021
|
Bought 200 K USD
|
Martinek Kenneth A
Chairman and CEO |
+ 20000
|
10 USD |
|
3 years ago
Jul 12, 2021
|
Bought 10 K USD
|
Magier Eugene M
Director |
+ 1000
|
10 USD |
|
3 years ago
Jul 12, 2021
|
Bought 10 K USD
|
Magier Eugene M
Director |
+ 1000
|
10 USD |
|
3 years ago
Jul 12, 2021
|
Bought 30 K USD
|
Hom Donald S
EVP and CFO |
+ 3000
|
10 USD |
|
3 years ago
Jul 12, 2021
|
Bought 30 K USD
|
Collazo Jose M
President and COO |
+ 3000
|
10 USD |
7. News
Northeast Community Bancorp (NECB) Tops Q3 Earnings and Revenue Estimates
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.
zacks.com
- 2 weeks ago
NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2024
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.
globenewswire.com
- 2 weeks ago
Northeast Community Bancorp (NECB) to Report Q3 Results: Wall Street Expects Earnings Growth
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.
zacks.com
- 4 weeks ago
Northeast Community Bancorp (NECB) is a Great Momentum Stock: Should You Buy?
Does Northeast Community Bancorp (NECB) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
- 1 month ago
Strength Seen in Northeast Community Bancorp (NECB): Can Its 6.6% Jump Turn into More Strength?
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.
zacks.com
- 1 month ago
Rate Cut Winners: Top 5 Small-Caps Ready For A Rally
Small-cap stocks tend to benefit in a declining rate environment due to cheaper borrowing costs, increased investor risk appetite, and enhanced growth potential. While small-cap stocks can offer more upside than their large-cap counterparts, they can also come with higher volatility, which requires an added layer of analysis. SA Quant has identified five top Quant-rated small-cap stocks with positive factor grades, specifically momentum, growth, and profitability, that are well-positioned to benefit from the reduced rate environment.
seekingalpha.com
- 1 month ago
NorthEast Community Bancorp Hikes Quarterly Cash Dividend by 50%
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.
zacks.com
- 1 month ago
NorthEast Community Bancorp, Inc. Announces Increase in Quarterly Cash Dividend and Special Cash Dividend
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.
globenewswire.com
- 1 month ago
Northeast Community Bancorp: Recent Stellar Upside Isn't The End Of The Story
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.
seekingalpha.com
- 2 months ago
Northeast Community Bancorp Inc. (NECB) Hits Fresh High: Is There Still Room to Run?
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.
zacks.com
- 3 months ago
Northeast Community Bancorp (NECB) Beats Q2 Earnings and Revenue Estimates
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.
zacks.com
- 3 months ago
NorthEast Community Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2024
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.
globenewswire.com
- 3 months ago
8. Profile Summary
Northeast Community Bancorp, Inc. NECB
COUNTRY
US
INDUSTRY
Banks - Regional
MARKET CAP
$ 408 M
Dividend Yield
0.40%
Description
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. 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 investment advisory and financial planning services; and life insurance products and fixed-rate annuities. It operates seven full-service branches in New York and three full-service branches in Massachusetts; and loan production offices in White Plains and New City, New York, as well as Danvers, Massachusetts. The company was founded in 1934 and is based in White Plains, New York.
Contact
325 Hamilton Avenue, White Plains, NY, 10601
https://www.necommunitybank.com
IPO Date
July 6, 2006
Employees
135
Officers
Ms. Anne Stevenson-DeBlasi
Corporate Secretary
Mr. Jose M. Collazo
President, Chief Operating Officer & Director
Mr. Kenneth A. Martinek
Chairman & Chief Executive Officer
Mr. Donald S. Hom
Executive Vice President & Chief Financial Officer