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Northeast Community Bancorp Inc

Northeast Community Bancorp Inc

NECB · NASDAQ · Financial Services / Banks - Regional

29.11USD+0.04 (+0.14%)

Price History

Full chart

Market Stats

Previous Close29.07
Open29.15
Day Range28.82 – 29.29
52-Week Range18.77 – 28.68
Volume63.94K
Market Cap368.52M
P/E (TTM)8.61
Forward P/E15.67
EPS3.11
Dividend Yield3.74%
Beta0.35
50-Day Avg26.76
200-Day Avg24.89

About

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 loans, 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 state and municipal governments. Further, the company offers 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, Essex, Middlesex, and Norfolk Counties in Massachusetts; and loan production offices located in White Plains, New York; New City, New York; and Danvers, Massachusetts. Additionally, the company provides services such as personal loans and overdraft protection, and utilizes brokered, listing service, and military deposits, as well as borrowings, sources of funds, and retail deposit products. Northeast Community Bancorp, Inc. was founded in 1934 and is headquartered in White Plains, New York.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOMr. Kenneth A. Martinek
  • Employees136
  • Headquarters325 Hamilton Avenue, White Plains, NY, United States, 10601, USA
  • Websitehttps://www.necb.com

Leadership

  • Mr. Kenneth A. MartinekChairman & CEO · b. 1952
  • Mr. Jose M. CollazoPresident, COO & Director · b. 1966
  • Mr. Donald S. HomExecutive VP & CFO · b. 1955
  • Ms. Anne Stevenson-DeBlasiCorporate Secretary

Financials

Income Statement

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue10.65M12.30M-13.31M14.19M15.97M37.37M23.74M25.88M28.28M24.03M22.62M20.54M21.84M24.12M30.76M40.04M50.53M57.70M51.55M50.75M73.59M133.70M159.84M157.37M
Growth (%)-+15.54%--+6.60%+12.55%+134.04%-36.47%+8.99%+9.31%-15.03%-5.90%-9.17%+6.30%+10.46%+27.52%+30.18%+26.19%+14.19%-10.66%-1.55%+45.00%+81.70%+19.55%-1.55%
Cost of Revenue7.48M4.53M-2.49M3.11M4.49M6.26M8.96M17.41M11.92M6.29M9.39M2.64M3.24M4.49M5.53M6.58M10.59M15.76M10.79M8.71M8.57M36.27M57.96M53.28M
Gross Profit10.65M12.30M-10.81M11.08M11.47M31.11M14.78M8.47M16.36M17.74M13.23M17.90M18.60M19.63M25.23M33.47M39.94M41.94M40.76M42.04M65.02M97.44M101.88M104.08M
Gross Margin100.00%100.00%-81.26%78.08%71.86%83.26%62.26%32.73%57.85%73.83%58.50%87.16%85.18%81.39%82.04%83.58%79.04%72.69%79.07%82.84%88.36%72.87%63.74%66.14%
Operating Expense-799.00K2.04M-8.08M7.50M8.87M9.83M11.50M13.90M13.59M14.20M18.05M16.37M16.12M16.10M17.09M18.94M23.13M24.86M25.15M26.47M30.59M32.69M36.11M41.82M
Operating Income11.45M10.26M2.39M2.74M3.58M2.60M21.29M3.28M-5.43M2.77M3.54M-4.82M1.54M2.48M3.54M8.14M14.53M16.81M17.09M15.61M15.57M34.43M64.74M65.77M62.26M
Operating Margin107.50%83.39%-20.56%25.24%16.31%56.96%13.82%-20.98%9.80%14.74%-21.29%7.48%11.38%14.66%26.48%36.28%33.27%29.61%30.28%30.69%46.79%48.42%41.15%39.56%
EBITDA11.45M10.26M2.39M3.39M4.22M2.72M21.88M3.93M-4.67M3.60M4.26M-4.07M2.35M3.24M4.26M8.90M15.34M17.63M17.85M16.68M16.69M35.67M65.96M66.96M63.43M
EBITDA Margin107.50%83.39%-25.50%29.78%17.01%58.54%16.55%-18.03%12.75%17.74%-18.01%11.46%14.83%17.65%28.95%38.31%34.89%30.93%32.35%32.89%48.48%49.33%41.89%40.31%
Net Income2.01M3.30M2.39M1.56M1.99M1.56M12.14M2.10M-2.62M1.87M2.35M-2.51M1.14M1.70M2.34M5.03M8.05M13.03M12.95M12.33M11.90M24.84M46.28M47.07M44.41M
Net Income Margin18.89%26.83%-11.74%14.03%9.76%32.48%8.85%-10.11%6.60%9.80%-11.12%5.54%7.77%9.71%16.34%20.10%25.78%22.45%23.92%23.46%33.76%34.61%29.45%28.22%
Interest Expense7.29M4.24M02.49M3.11M4.49M5.92M8.55M10.09M8.44M5.18M3.76M3.19M3.44M4.05M5.38M6.53M9.48M15.03M9.98M5.10M8.13M35.30M57.22M53.38M
Interest Expense % of Total Revenue68.42%34.43%-18.74%21.92%28.14%15.84%36.01%39.00%29.82%21.54%16.64%15.54%15.77%16.81%17.49%16.30%18.76%26.05%19.35%10.05%11.04%26.40%35.80%33.92%

Balance Sheet

Currency: USD2001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets251.46M234.33M-237.30M238.82M288.42M343.89M424.23M527.28M466.01M489.29M444.22M458.23M515.42M593.61M734.82M815.52M871.69M955.17M968.22M1.23B1.42B1.76B2.01B2.06B
Total Liabilities217.69M197.14M-196.15M195.70M191.67M235.07M313.73M419.83M357.87M382.22M340.38M354.06M411.62M488.56M625.28M698.63M740.71M813.06M814.40M973.69M1.16B1.48B1.69B1.71B
Total Equity33.77M37.19M-41.15M43.12M96.75M108.83M110.50M107.45M108.14M107.06M103.85M104.17M103.81M105.05M109.45M116.90M129.62M142.11M153.82M251.38M261.99M279.32M318.34M351.70M
Cash41.87M--48.55M27.39M36.75M39.15M37.03M97.43M47.44M85.22M49.64M33.67M34.16M28.47M43.82M43.60M51.35M127.78M69.29M152.37M95.41M68.77M78.36M81.28M
Total Debt-------47.10M38.48M25.17M20.00M15.00M21.00M30.00M56.17M70.25M62.87M42.46M22.58M31.57M31.10M23.90M69.20M4.72M75.23M
Net Debt-41.87M---48.55M-27.39M-36.75M-39.15M10.07M-58.62M-22.27M-65.22M-34.64M-12.67M-4.16M27.71M26.43M62.87M-8.99M-105.19M-37.72M-121.27M-71.51M425.00K-73.64M-6.04M

Cash Flow

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.71M2.39M1.81M-2.54M3.23M-2.94M6.60M5.65M640.00K1.73M4.45M2.79M5.43M8.75M12.63M13.48M15.66M21.56M27.54M42.84M48.69M52.59M
Investing Cash Flow-15.08M-23.16M-39.89M-33.24M-84.19M-53.66M13.09M14.37M7.04M-31.97M-56.87M-84.17M-125.23M-79.19M-45.77M-6.58M-72.12M-178.86M-256.59M-357.84M-233.99M-52.03M
Financing Cash Flow4.10M-399.00K47.44M38.18M78.36M108.78M-63.95M18.11M-41.02M12.53M54.90M75.19M135.15M70.87M40.89M69.43M-2.03M240.38M172.09M288.37M194.89M2.36M
Capital Expenditure307.00K107.00K6.71M8.88M396.00K4.55M209.00K2.83M4.10M138.00K178.00K1.10M3.19M1.34M3.15M4.04M1.26M6.45M3.30M626.00K517.00K1.75M
Free Cash Flow1.41M2.28M-4.90M6.34M2.83M-7.49M6.39M2.82M-3.46M1.60M4.27M1.69M2.24M7.41M9.48M9.44M14.40M15.11M24.23M42.21M48.17M50.84M
Dividends Paid----659.00K662.00K654.00K614.00K669.00K453.00K582.00K561.00K562.00K563.00K566.00K788.00K1.01M2.26M6.87M3.65M7.86M13.32M
FCF to OCF82.08%95.52%-271.28%-249.35%87.72%254.94%96.83%49.94%-541.09%92.04%96.00%60.70%41.24%84.72%75.08%70.00%91.94%70.07%88.00%98.54%98.94%96.68%
Dividend Paid to FCF----23.29%-8.84%10.24%21.77%-19.32%28.38%13.63%33.12%25.09%7.59%5.97%8.35%7.00%14.97%28.34%8.65%16.32%26.20%

Earnings

Report DateSep 30, 2006Dec 31, 2006Mar 31, 2007Aug 14, 2007Nov 28, 2007Feb 28, 2008May 28, 2008Aug 12, 2008Dec 3, 2008Feb 26, 2009Jun 3, 2009Aug 13, 2009Dec 2, 2009Mar 4, 2010Jun 2, 2010Aug 13, 2010Dec 31, 2010Mar 31, 2011Jun 30, 2011Sep 30, 2011Dec 31, 2011Mar 31, 2012Jun 30, 2012Sep 30, 2012Dec 31, 2012Mar 31, 2013Jun 30, 2013Sep 30, 2013Dec 31, 2013Mar 31, 2014May 15, 2014Aug 14, 2014Nov 14, 2014Mar 11, 2015May 15, 2015Aug 14, 2015Nov 13, 2015Feb 15, 2016May 16, 2016Aug 16, 2016Nov 16, 2016Feb 16, 2017May 16, 2017Aug 17, 2017Nov 29, 2017Feb 2, 2018May 1, 2018Aug 10, 2018Nov 28, 2018Feb 1, 2019May 3, 2019Aug 6, 2019Nov 17, 2019Feb 17, 2020May 24, 2020Jul 31, 2020Nov 5, 2020Feb 3, 2021Jun 28, 2021Aug 13, 2021Oct 29, 2021Feb 4, 2022Apr 29, 2022Jul 22, 2022Oct 31, 2022Jan 31, 2023May 1, 2023Jul 26, 2023Oct 30, 2023Feb 1, 2024Apr 25, 2024Jul 22, 2024Oct 28, 2024Jan 29, 2025Apr 21, 2025Jul 24, 2025Oct 23, 2025Jan 28, 2026Apr 28, 2026Jul 24, 2026Oct 22, 2026
EPS Estimate---------------------------------------------------------0.00-0.300.190.220.240.280.370.560.610.650.680.790.720.720.910.820.770.790.840.850.750.770.82
EPS Actual0.030.020.020.620.030.030.030.030.030.030.03-0.01-0.05-0.120.030.010.050.070.060.040.030.020.02-0.08-0.170.020.030.030.010.020.040.030.030.05-0.010.060.080.070.070.080.060.100.120.190.140.120.220.210.080.310.200.210.270.270.200.190.190.760.200.300.050.280.270.350.480.560.750.760.820.790.870.970.920.800.760.820.860.790.740.72-
Surprise-----------------------------------------------------------0.00%-73.68%27.27%12.50%25.00%29.73%0.00%22.95%16.92%20.59%0.00%20.83%34.72%1.10%-2.44%-1.30%3.80%2.38%-7.06%-1.33%-6.49%-
Timing------------------------------After-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours--------After-hoursAfter-hoursAfter-hours---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap368.52M
Enterprise Value451.84M
Trailing P/E8.61
Forward P/E15.67
PEG Ratio0.00
Price / Sales3.57
Price / Book1.00
EPS3.11
Book Value29.36
Revenue (TTM)103.09M
Gross Profit (TTM)103.09M
Profit Margin41.15%
Operating Margin56.54%
Return on Equity12.13%
Return on Assets2.08%
Shares Outstanding13.77M
Shares Float11.73M
Beta0.35
Dividend Yield3.74%
Dividend Rate1.00
Payout Ratio28.94%

Analyst Ratings

Hold
Based on 1 analystsTarget 29.75
  • Hold
    1

Ownership Breakdown

Institutions
57.82%
Insiders
12.54%
Retail / Other
29.64%

Top Institutional Holders

  • BlackRock Inc
    1.15M8.38%
  • Vanguard Capital Management, LLC
    509.81K3.70%
  • Dimensional Fund Advisors, Inc.
    496.64K3.61%
  • Geode Capital Management, LLC
    396.02K2.88%
  • Acadian Asset Management LLC
    327.01K2.38%
  • State Street Corp
    284.67K2.07%
  • LSV Asset Management
    268.21K1.95%
  • Arrowstreet Capital Limited Partnership
    246.98K1.79%
  • Renaissance Technologies Corp
    176.21K1.28%
  • Connor Clark & Lunn Inv Mgmt Ltd
    167.48K1.22%
  • Bridgeway Capital Management, LLC
    146.14K1.06%
  • Northern Trust Corp
    131.93K0.96%
  • Morgan Stanley - Brokerage Accounts
    116.57K0.85%
  • Mangrove Partners
    101.30K0.74%
  • Stilwell Value LLC
    100.00K0.73%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    385.18K2.80%
  • iShares Russell 2000 ETF
    355.74K2.58%
  • Fidelity Small Cap Index
    137.06K1.00%
  • iShares Russell 2000 Value ETF
    129.13K0.94%
  • DFA US Small Cap Value I
    117.95K0.86%

Dividends

20264×
0.25Oct 9, 20260.25Jul 7, 20260.20Apr 6, 20260.20Jan 5, 2026
20255×
0.20Oct 3, 20250.20Sep 8, 20250.20Jul 7, 20250.20Apr 7, 20250.15Jan 3, 2025
20244×
0.30Oct 4, 20240.10Jul 5, 20240.10Apr 4, 20240.06Jan 2, 2024
20233×
0.06Oct 5, 20230.06Jul 3, 20230.06Apr 10, 2023
20225×
0.06Dec 30, 20220.06Oct 13, 20220.06Jul 1, 20220.18May 13, 20220.06Apr 7, 2022
20213×
0.06Dec 31, 20210.06Oct 22, 20210.06Jul 30, 2021

Stock Splits

  • Jul 13, 2021134:100