Northeast Community Bancorp 4/25/2024 Earnings Report

Northeast Community Bancorp EPS Results

• Actual EPS: $0.86
• Consensus EPS: $0.72
• Beat/Miss: Beat by +$0.14
• One Year Ago EPS: N/A

Northeast Community Bancorp Revenue Results

• Actual Revenue: $25.54 million
• Expected Revenue: $25.72 million
• Beat/Miss: Missed by -$180.00 thousand
• YoY Revenue Growth: N/A

Northeast Community Bancorp Announcement Details

• Date: 4/25/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Northeast Community Bancorp (NASDAQ:NECB) is the bank holding company for Northeast Bank, a full-service community bank headquartered in DeKalb, Illinois. Through its principal subsidiary, the company provides a range of deposit and lending products designed to meet the financial needs of individuals, families and small to mid-sized businesses in the northern Illinois market.

The company’s loan portfolio encompasses consumer and mortgage lending, home equity lines of credit, commercial real estate financing, SBA-guaranteed loans and agricultural credits. On the deposit side, Northeast Bank offers checking and savings accounts, money market accounts, certificates of deposit and treasury management services aimed at supporting both personal banking and business operations.

Northeast Community Bancorp operates a network of branches and business centers across DeKalb, Sycamore and Hinckley, combining local market knowledge with personalized service. Its executive management team and board of directors draw on extensive community banking experience to foster customer relationships and support regional economic development.

In addition to traditional branch services, the bank provides digital banking platforms—including online and mobile banking—and an extensive ATM network to streamline everyday transactions. A commitment to community engagement is reflected in initiatives such as small business lending programs, affordable housing projects and partnerships with local nonprofit organizations.