Northeast Community Bancorp, Inc.
- Open
- 26.57
- Day high
- 27.00
- Day low
- 26.30
- Prev close
- 26.51
- Volume
- 60K
- Mkt cap
- $370M
- P/E (TTM)
- 8.1
- EPS (TTM)
- $3.32
- P/B
- 1.0
- P/S
- 2.4
- Yield
- 3.92%
- Per share
- $1.05
Northeast Community Bancorp, Inc. (NECB) is a Financial Services company listed on NASDAQ. The stock is up 13% over the past year.
Northeast Community Bancorp, Inc. (NECB) financials & analyst ratings
Fundamentals (TTM)
Source: exchange market data + company filings. Figures are trailing-twelve-month or as most recently reported. For informational purposes only — not investment advice.
NECB earnings date, history & EPS estimates
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 29, 2026 | $0.75 | $0.74 | -1.3% | $25M | -5.6% |
| Mar 13, 2026 | — | $0.79 | — | $39M | — |
| Oct 23, 2025 | $0.84 | $0.87 | +3.6% | $26M | -4.3% |
| Jul 24, 2025 | $0.79 | $0.82 | +3.8% | $25M | -6.1% |
| Jan 29, 2025 | $0.87 | $0.80 | -8.0% | $25M | -6.3% |
| Jul 22, 2024 | $0.72 | $0.97 | +34.7% | $26M | +8.0% |
| Apr 25, 2024 | $0.72 | $0.86 | +19.4% | $26M | -0.4% |
| Oct 27, 2023 | $0.68 | $0.80 | +17.6% | $25M | +3.7% |
| Jul 26, 2023 | $0.65 | $0.75 | +15.4% | $24M | +9.5% |
| May 1, 2023 | $0.61 | $0.77 | +26.2% | $24M | +8.3% |
| Oct 28, 2022 | $0.37 | $0.49 | +32.4% | $18M | +16.9% |
| Jul 22, 2022 | $0.28 | $0.35 | +25.0% | $14M | +2.9% |
NECB insider trading activity (SEC Form 4)
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| Mar 13, 2026 | Cirillo Charles Michaeldirector | Sell | 3,566 | $22.94 |
| Mar 6, 2026 | McKenzie John Fdirector | Sell | 3,000 | $23.85 |
| Mar 5, 2026 | Cirillo Charles Michaeldirector | Option | 7,240 | $12.40 |
| Mar 5, 2026 | Cirillo Charles Michaeldirector | Tax | 3,674 | $24.43 |
| Mar 2, 2026 | McKenzie John Fdirector | Option | 3,000 | $12.40 |
| Dec 15, 2025 | Cavanaugh Diane Bdirector | Sell | 100 | $23.64 |
| Dec 15, 2025 | Cavanaugh Diane Bdirector | Sell | 900 | $23.59 |
| Dec 12, 2025 | Hom Donald Sofficer: EVP and CFO | Sell | 2,000 | $23.76 |
| Dec 11, 2025 | Martinek Charles Adirector | Sell | 940 | $23.73 |
| Dec 11, 2025 | Martinek Charles Adirector | Sell | 1,060 | $23.23 |
| Nov 19, 2025 | Martinek Charles Adirector | Tax | 540 | $19.51 |
| Nov 19, 2025 | Collazo Jose Mdirector, officer: President and COO | Tax | 6,050 | $19.51 |
| Nov 19, 2025 | Martinek Kenneth Adirector, officer: Chairman and CEO | Tax | 1,027 | $19.51 |
| Nov 19, 2025 | Hom Donald Sofficer: EVP and CFO | Tax | 2,698 | $19.51 |
| Nov 19, 2025 | Martinek Kenneth Adirector, officer: Chairman and CEO | Tax | 8,843 | $19.51 |
Source: NECB SEC Form 4 filings, latest Mar 13, 2026. For informational purposes only — not investment advice.
See the full NECB insider & 13F page →Northeast Community Bancorp, Inc. company profile
Overview
Northeast Community Bancorp, Inc. (NASDAQ:NECB) is a regional bank holding company founded in 1934 and headquartered in White Plains, New York. The company operates through its subsidiary NorthEast Community Bank, which provides traditional banking services to individuals and businesses across New York and Massachusetts. With nearly 90 years of operations, NECB has established itself as a community-focused financial institution serving the greater New York metropolitan area and parts of New England through ten full-service branches and several loan production offices.
Business
Northeast Community Bancorp operates in the regional banking industry, which serves as a critical intermediary between savers and borrowers within specific geographic markets. Regional banks like NECB are smaller than national money center banks but larger than community banks, typically focusing on relationship-based banking within their local markets. The company's core business revolves around traditional banking services delivered through NorthEast Community Bank. On the deposit side, the bank accepts various types of customer deposits including checking accounts, money market accounts, regular savings accounts, and non-interest bearing demand accounts. These deposits form the funding base that allows the bank to make loans and generate interest income. The lending portfolio consists of several key segments. Commercial and industrial loans serve business customers' working capital and equipment financing needs. Construction loans finance real estate development projects. Multifamily and mixed-use real estate loans provide financing for apartment buildings and commercial properties with residential components. Non-residential real estate loans fund office buildings, retail centers, and other commercial properties. The bank also offers consumer loans for personal financing needs. Beyond traditional banking, NECB maintains an investment portfolio consisting of U.S. Treasury obligations, municipal securities, Federal Home Loan Bank deposits, certificates of deposit from other federally insured institutions, and various federal agency securities. Additionally, the company provides investment advisory and financial planning services along with life insurance products and fixed-rate annuities to diversify its revenue streams beyond traditional banking.
Competitive moat
Northeast Community Bancorp's competitive moat is relatively narrow, typical of smaller regional banks. The company's primary advantages stem from local market knowledge and relationship banking in the New York and Massachusetts markets it serves. Community banks often develop deep relationships with local businesses and individuals, providing personalized service that larger institutions may not match. However, this moat faces significant challenges. The banking industry is highly commoditized, with limited product differentiation between institutions. Larger banks can offer more comprehensive services, better technology platforms, and competitive pricing due to their scale advantages. Credit unions provide competition on the deposit side with potentially better rates due to their tax-advantaged status. Fintech companies increasingly compete for both deposits and loans, often with more convenient digital interfaces and competitive pricing. Regulatory barriers do provide some protection by making it difficult for new entrants to obtain banking charters, but this protection is limited. The bank's small size relative to regional and national competitors means it lacks the scale economies needed for significant cost advantages or the resources to invest heavily in technology and digital banking capabilities. The company's geographic concentration in the New York metropolitan area creates both opportunity and risk - while it allows for local expertise, it also means the bank's fortunes are tied to the economic health of a specific region. Overall, NECB operates in a competitive industry with limited sustainable competitive advantages beyond local relationships and market knowledge.
Risks & safety
Northeast Community Bancorp demonstrates a moderate margin of safety with some concerning liquidity trends but reasonable overall financial health. • Liquidity concerns: Cash and short-term investments declined dramatically from $113.9 million in Q2 2024 to $78.4 million in Q4 2024, indicating potential liquidity pressure • Low debt burden: Debt-to-equity ratio of just 1.5% indicates minimal leverage and low solvency risk • Strong profitability: Return on equity of 14.8% for FY 2024 demonstrates solid earnings generation relative to shareholder equity • Reasonable valuation: Trading at 6.8x earnings and 1.0x book value, suggesting modest valuation levels • Positive cash generation: Free cash flow of $48.2 million for FY 2024 indicates healthy cash generation from operations • Asset quality: Total assets of $2.0 billion provide reasonable scale, though loan loss provisions and credit quality metrics would need monitoring during economic stress • Regulatory capital: As a regulated bank, likely maintains required capital ratios though specific Tier 1 capital metrics not provided in the data
Recent development
Based on the available financial data, Northeast Community Bancorp has experienced significant growth over the past few years, with total assets expanding from $1.4 billion in 2022 to $2.0 billion by 2024. This represents substantial balance sheet growth of approximately 40% over two years. Revenue growth has been notable, increasing from $65.5 million in 2022 to $160.0 million in 2024, though this dramatic increase may reflect acquisitions or one-time items rather than purely organic growth. Net income has also grown substantially from $24.8 million in 2022 to $47.1 million in 2024. The bank appears to have been managing through the challenging interest rate environment of 2022-2024, maintaining profitability despite the rapid changes in the Federal Reserve's monetary policy. The company's return on equity has remained strong, reaching 14.8% in 2024 compared to 9.5% in 2022. However, the dramatic decline in cash and liquid assets from over $113 million in mid-2024 to $78 million by year-end suggests the bank may be deploying excess liquidity into higher-yielding assets or experiencing deposit outflows. Without earnings call transcripts, the specific strategic initiatives and management commentary on these trends are not available, limiting insight into the company's forward-looking strategy and management's perspective on recent developments.
NECB company profile · for informational purposes only — not investment advice.
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