Northeast Community Bancorp (NECB) to Release Earnings on Monday

Northeast Community Bancorp (NASDAQ:NECB - Get Free Report) will likely be announcing its Q2 2025 earnings results before the market opens on Monday, July 28th. Analysts expect the company to announce earnings of $0.79 per share and revenue of $25.96 million for the quarter.

Northeast Community Bancorp (NASDAQ:NECB - Get Free Report) last announced its quarterly earnings data on Monday, July 28th. The savings and loans company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.79 by $0.03. Northeast Community Bancorp had a net margin of 28.73% and a return on equity of 14.97%. On average, analysts expect Northeast Community Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Northeast Community Bancorp Trading Down 3.0%

NASDAQ NECB traded down $0.70 on Thursday, hitting $22.30. 54,274 shares of the company's stock traded hands, compared to its average volume of 33,810. Northeast Community Bancorp has a 1-year low of $19.75 and a 1-year high of $31.72. The firm's 50-day moving average price is $23.13 and its two-hundred day moving average price is $23.26. The firm has a market capitalization of $312.65 million, a PE ratio of 6.37 and a beta of 0.45.

Northeast Community Bancorp Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 6th. Stockholders of record on Monday, July 7th will be issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 3.59%. The ex-dividend date of this dividend is Monday, July 7th. Northeast Community Bancorp's dividend payout ratio (DPR) is 22.86%.

Institutional Investors Weigh In On Northeast Community Bancorp

Several institutional investors and hedge funds have recently added to or reduced their stakes in NECB. Jane Street Group LLC grew its holdings in shares of Northeast Community Bancorp by 78.3% during the first quarter. Jane Street Group LLC now owns 25,696 shares of the savings and loans company's stock worth $602,000 after buying an additional 11,286 shares in the last quarter. Empowered Funds LLC boosted its position in Northeast Community Bancorp by 7.4% during the first quarter. Empowered Funds LLC now owns 69,058 shares of the savings and loans company's stock worth $1,619,000 after acquiring an additional 4,741 shares during the last quarter. AQR Capital Management LLC purchased a new stake in Northeast Community Bancorp during the 1st quarter valued at about $1,779,000. Finally, Millennium Management LLC raised its holdings in Northeast Community Bancorp by 261.8% in the 1st quarter. Millennium Management LLC now owns 162,916 shares of the savings and loans company's stock valued at $3,819,000 after acquiring an additional 117,888 shares during the last quarter. Hedge funds and other institutional investors own 53.25% of the company's stock.

Northeast Community Bancorp Company Profile

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.