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NECB Overview

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$
0.000
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0.000(0.000%)Aft-market
ET
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0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
24.590
Open
24.590
VWAP
24.55
Vol
25.57K
Mkt Cap
336.68M
Low
24.550
Amount
627.84K
EV/EBITDA(TTM)
--
Total Shares
13.82M
EV
343.13M
EV/OCF(TTM)
--
P/S(TTM)
--
NorthEast Community Bancorp, Inc. is the holding company for NorthEast Community Bank (the Bank). The Bank’s principal business consists of originating primarily construction loans and, to a lesser extent, commercial and industrial loans and multifamily and mixed-use residential real estate loans and non-residential real estate loans. It offers personal loans and overdraft protection for checking accounts. It offers adjustable-rate mortgage loans secured by multifamily and mixed-use real estate. These loans are composed primarily of loans on moderate income apartment buildings located in its lending territory and include loans on cooperative apartment buildings (in the New York area); and loans for Section 8 multifamily housing. It provides credit to commercial and industrial businesses that are located within its market area. It also provides commercial and industrial loans to real estate developers in the New York Metropolitan Area.
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Events Timeline

(ET)
2026-01-28
16:11:00
Company Reports Q4 CET1 Capital Ratio at 15.36%
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2025-12-08 (ET)
2025-12-08
15:40:00
NorthEast Community Authorizes Buyback of 1,400,435 Shares
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2025-10-23 (ET)
2025-10-23
15:32:04
NorthEast Community announces September quarter EPS of 87 cents, down from 95 cents last year.
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2025-04-21 (ET)
2025-04-21
15:33:00
NorthEast Community reports March quarter EPS 78c vs. 86c last year
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2025-03-20 (ET)
2025-03-20
15:01:20
NorthEast Community raises quarterly dividend to 20c per share
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2024-09-19 (ET)
2024-09-19
15:01:58
NorthEast Community raises quarterly dividend, declares special cash dividend
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News

seekingalpha
9.5
04-30seekingalpha
Northeast Community Bancorp Q1 Earnings Report
  • Earnings Miss: Northeast Community Bancorp reported a Q1 GAAP EPS of $0.74, missing expectations by $0.01, indicating potential pressure on profitability that may affect investor confidence.
  • Revenue Decline: The bank's revenue for Q1 was $24.92 million, down 1.4% year-over-year and falling short of the $25.10 million forecast, reflecting increased market competition and economic uncertainty impacting revenue.
  • Loan Net Decrease: As of March 31, 2026, net loans, after accounting for credit loss allowances, decreased by $31.8 million to $1.8 billion, suggesting a cautious approach to credit expansion that may hinder future profit growth.
  • Deposit Growth: Total deposits increased by $9.4 million to $1.6 billion as of March 31, 2026, indicating continued customer trust in the bank, which may support future business development despite the modest growth rate.
Newsfilter
9.5
04-29Newsfilter
NorthEast Community Bancorp Reports Q1 Net Income
  • Net Income Performance: For Q1 2026, NorthEast Community Bancorp reported a net income of $10 million, translating to $0.76 per basic share, down from $10.6 million and $0.80 per share in Q1 2025, indicating challenges from increased market competition and changing interest rate environments.
  • Loan Portfolio Growth: As of March 31, 2026, construction loan commitments and loans-in-process surged approximately 37.8% year-over-year to over $819 million, demonstrating robust demand for construction loans and solidifying the company's position in high-demand markets.
  • Stable Asset Quality: The company reported no non-performing loans as of March 31, 2026, maintaining strong asset quality metrics with an allowance for credit losses of $4.6 million, or 0.25% of total loans, showcasing effective risk management practices.
  • Increase in Shareholder Equity: Total stockholders' equity rose by $4.6 million to $356.3 million, representing 17.59% of total assets as of March 31, 2026, reflecting the company's ongoing profitability and capital adequacy, thereby strengthening the foundation for future growth.
CNBC
8.5
04-20CNBC
Japan Signs Warship Deal with Australia to Boost Defense
  • First Warship Export: Japan's Mitsubishi Heavy Industries has signed a AU$10 billion contract with Australia to deliver the first three Mogami-class stealth frigates, marking Japan's inaugural warship export, with the first vessel expected in 2029, enhancing Japan's position in the international arms market.
  • Stock Surge: Shares of Mitsubishi Heavy Industries rose nearly 4% following the contract signing, with a total gain of about 75% over the past year, reflecting optimistic market sentiment regarding its defense business prospects and boosting investor confidence.
  • Increased Defense Investment: Australia has committed up to AU$20 billion for the construction of 11 frigates, with the first three being built by MHI, replacing the ANZAC-class vessels that have been in service since the 1980s, significantly enhancing the Royal Australian Navy's long-range strike capabilities.
  • Technological Collaboration: The deal also involves companies like NEC, Mitsubishi Electric, and Hitachi providing radar and other systems, further strengthening Japan-Australia technological cooperation in defense, thereby enhancing both nations' strategic positions in the Indo-Pacific region.
CNBC
8.5
04-03CNBC
Microsoft Partners with Japanese Cloud Firms for $10 Billion AI Investment
  • Massive Investment: Microsoft has announced a $10 billion investment in Japan from 2026 to 2029 to build AI infrastructure, enhance cybersecurity, and train 1 million engineers and developers by 2030, demonstrating a strong commitment to the Japanese market and strategic foresight in technology development.
  • Stock Surge: Following this announcement, shares of Sakura Internet surged by 20.2% on Friday, reflecting market optimism regarding the partnership's potential and likely boosting the performance of related companies in the sector.
  • Strategic Partnerships: Microsoft will collaborate with Sakura Internet and SoftBank to provide AI computing resources, including graphics processing units located in Japan, which will not only support the development of domestic large language models but also enhance Japan's competitiveness in the global AI landscape.
  • Talent Development Initiative: Microsoft plans to partner with five major Japanese IT companies, including NTT Data, NEC, Fujitsu, and Hitachi, to train 1 million AI professionals by 2030, aiming to meet the growing demand for cloud and AI services in Japan and further solidify its market position.
seekingalpha
8.0
03-20seekingalpha
Northeast Community Bancorp Declares Quarterly Dividend
  • Quarterly Dividend Announcement: Northeast Community Bancorp (NECB) declares a quarterly dividend of $0.20 per share, consistent with previous distributions, reflecting the company's stable cash flow and profitability, which enhances investor confidence.
  • Yield Performance: The forward yield of 3.44% for this dividend is attractive in the current market environment, potentially drawing in more investors seeking stable income, thereby increasing shareholder value.
  • Payment Schedule: The dividend will be payable on May 5, with a record date of April 6 and an ex-dividend date also on April 6, ensuring shareholders receive their earnings promptly and strengthening the trust relationship between the company and its investors.
  • Company Outlook: Following a strong start to 2026, Northeast Community Bancorp is still viewed as a fantastic firm to bank on, attracting market attention for its valuation and indicating potential growth opportunities ahead.
Newsfilter
1.0
02-19Newsfilter
NorthEast Community Bancorp Announces Annual Meeting Date
  • Annual Meeting Announcement: NorthEast Community Bank has announced that its annual stockholders' meeting will take place on May 21, 2026, aimed at enhancing communication and interaction with shareholders to ensure transparency and effective corporate governance.
  • Company Overview: Headquartered in White Plains, New York, NorthEast Community Bank operates 11 branch offices across several counties in New York and Massachusetts, demonstrating its extensive presence in the regional financial services market.
  • Forward-Looking Statements: The announcement includes forward-looking statements regarding anticipated future events, highlighting potential impacts from market interest rates, economic conditions, and the COVID-19 pandemic on the bank's operations, reflecting the company's focus on risk management.
  • Contact Information: CEO Kenneth A. Martinek provided a contact number, further enhancing investor relations and demonstrating the company's commitment to shareholder engagement.
Wall Street analysts forecast NECB stock price to rise
1 Analyst Rating
Wall Street analysts forecast NECB stock price to rise
0 Buy
1 Hold
0 Sell
Hold
Current: 0.000
sliders
Low
24.00
Averages
24.00
High
24.00
Current: 0.000
sliders
Low
24.00
Averages
24.00
High
24.00
Piper Sandler
Neutral
maintain
AI Analysis
2026-04-02
Reason
Piper Sandler
Price Target
AI Analysis
2026-04-02
maintain
Neutral
Reason
Piper Sandler raised the firm's price target on NorthEast Community to $26.50 from $25.50 and keeps a Neutral rating on the shares. The firm is making some minor EPS adjustments in conjunction with its Q1 2026 Regional & Community Banks Preview.
Freedom Broker
Amirlan Kalymbekov
Buy
initiated
$30
2026-03-31
Reason
Freedom Broker
Amirlan Kalymbekov
Price Target
$30
2026-03-31
initiated
Buy
Reason
Freedom Broker analyst Amirlan Kalymbekov initiated coverage of NorthEast Community with a Buy rating and $30 price target. The firm says the bank has a \"differentiated niche franchise\" in New York construction lending, \"supported by an exceptional credit track record.\"
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for NECB
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Valuation Metrics

The current forward P/E ratio for Northeast Community Bancorp Inc (NECB.O) is 15.67, compared to its 5-year average forward P/E of 7.84. For a more detailed relative valuation and DCF analysis to assess Northeast Community Bancorp Inc's fair value, Click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
7.84
Current PE
15.67
Overvalued PE
10.85
Undervalued PE
4.84

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
N/A
5Y Average EV/EBITDA
0.62
Current EV/EBITDA
5.16
Overvalued EV/EBITDA
2.95
Undervalued EV/EBITDA
-1.72

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
2.50
Current PS
2.86
Overvalued PS
3.43
Undervalued PS
1.57

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Frequently Asked Questions

What is Northeast Community Bancorp Inc (NECB) stock price today?

The current price of NECB is 24.51 USD — it has increased 0.57

What is Northeast Community Bancorp Inc (NECB)'s business?

NorthEast Community Bancorp, Inc. is the holding company for NorthEast Community Bank (the Bank). The Bank’s principal business consists of originating primarily construction loans and, to a lesser extent, commercial and industrial loans and multifamily and mixed-use residential real estate loans and non-residential real estate loans. It offers personal loans and overdraft protection for checking accounts. It offers adjustable-rate mortgage loans secured by multifamily and mixed-use real estate. These loans are composed primarily of loans on moderate income apartment buildings located in its lending territory and include loans on cooperative apartment buildings (in the New York area); and loans for Section 8 multifamily housing. It provides credit to commercial and industrial businesses that are located within its market area. It also provides commercial and industrial loans to real estate developers in the New York Metropolitan Area.

What is the price predicton of NECB Stock?

Wall Street analysts forecast NECB stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NECB is24.00 USD with a low forecast of 24.00 USD and a high forecast of 24.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

What is Northeast Community Bancorp Inc (NECB)'s revenue for the last quarter?

Northeast Community Bancorp Inc revenue for the last quarter amounts to 24.01M USD, decreased -1.08

What is Northeast Community Bancorp Inc (NECB)'s earnings per share (EPS) for the last quarter?

Northeast Community Bancorp Inc. EPS for the last quarter amounts to USD, decreased -100.00

How many employees does Northeast Community Bancorp Inc (NECB). have?

Northeast Community Bancorp Inc (NECB) has 139 emplpoyees as of May 08 2026.

What is Northeast Community Bancorp Inc (NECB) market cap?

Today NECB has the market capitalization of 336.68M USD.