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NASDAQ:NECB

Northeast Community Bancorp (NECB) Stock Price, News & Analysis

$22.24
-0.17 (-0.76%)
(As of 09/6/2024 08:49 PM ET)
Today's Range
$22.10
$22.68
50-Day Range
$17.48
$23.03
52-Week Range
$13.93
$23.23
Volume
22,900 shs
Average Volume
44,597 shs
Market Capitalization
$312.09 million
P/E Ratio
6.89
Dividend Yield
1.80%
Price Target
N/A
NECB stock logo

About Northeast Community Bancorp Stock (NASDAQ:NECB)

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, 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 of state and municipal governments. Further, the company offers financial planning and investment advisory services; and 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 and Essex, Middlesex, and Norfolk Counties in Massachusetts; and loan production offices located in White Plains, New York, and New City counties in New York and Danvers, Massachusetts. Northeast Community Bancorp, Inc. was founded in 1934 and is headquartered in White Plains, New York.

NECB Stock Price History

NECB Stock News Headlines

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Northeast Community Bancorp, Inc. (NECB)
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Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip?
NECB Apr 2024 20.000 put
NECB Mar 2024 22.500 put
NECB Sep 2024 20.000 call
See More Headlines
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Company Calendar

Ex-Dividend for 8/6 Dividend
7/05/2024
Last Earnings
7/22/2024
Dividend Payable
8/06/2024
Today
9/09/2024
Next Earnings (Estimated)
10/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Savings institutions, except federal
Sub-Industry
Banking
Current Symbol
NASDAQ:NECB
Fax
N/A
Employees
130
Year Founded
N/A

Profitability

Net Income
$46.28 million
Pretax Margin
43.73%

Debt

Sales & Book Value

Annual Sales
$103.95 million
Cash Flow
$3.28 per share
Book Value
$21.40 per share

Miscellaneous

Free Float
13,373,000
Market Cap
$312.09 million
Optionable
Optionable
Beta
0.58
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NECB Stock Analysis - Frequently Asked Questions

How have NECB shares performed this year?

Northeast Community Bancorp's stock was trading at $17.74 at the beginning of the year. Since then, NECB stock has increased by 25.4% and is now trading at $22.24.
View the best growth stocks for 2024 here
.

How were Northeast Community Bancorp's earnings last quarter?

Northeast Community Bancorp, Inc. (NASDAQ:NECB) released its quarterly earnings data on Monday, July, 22nd. The savings and loans company reported $0.97 EPS for the quarter, topping the consensus estimate of $0.72 by $0.25. The savings and loans company earned $40.97 million during the quarter, compared to analysts' expectations of $24.69 million. Northeast Community Bancorp had a trailing twelve-month return on equity of 16.87% and a net margin of 31.34%.

When did Northeast Community Bancorp IPO?

Northeast Community Bancorp (NECB) raised $98 million in an initial public offering on Tuesday, July 13th 2021. The company issued 9,784,077 shares at $10.00 per share.

Who are Northeast Community Bancorp's major shareholders?

Northeast Community Bancorp's top institutional shareholders include Dimensional Fund Advisors LP (1.71%), Acadian Asset Management LLC (1.11%), Renaissance Technologies LLC (1.05%) and LSV Asset Management (1.04%). Insiders that own company stock include Kenneth A Martinek, Kenneth H Thomas, Charles Michael Cirillo, John F Mckenzie and Diane B Cavanaugh.
View institutional ownership trends
.

How do I buy shares of Northeast Community Bancorp?

Shares of NECB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:NECB) was last updated on 9/9/2024 by MarketBeat.com Staff

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