Northeast Community Bancorp (NECB) Financials

$22.70 -0.26 (-1.13%)

Closing price 04:00 PM Eastern

Extended Trading

$22.73 +0.03 (+0.13%)

As of 05:53 PM Eastern

Annual Income Statements for Northeast Community Bancorp

This table shows Northeast Community Bancorp's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Income / (Loss) Attributable to Common Shareholders	47	46	25
Consolidated Net Income / (Loss)	47	46	25
Net Income / (Loss) Continuing Operations	47	46	25
Total Pre-Tax Income	66	65	34
Total Revenue	106	101	66
Net Interest Income / (Expense)	103	97	64
Total Interest Income	160	132	72
Loans and Leases Interest Income	154	127	70
Investment Securities Interest Income	0.91	0.86	0.75
Deposits and Money Market Investments Interest Income	5.20	4.14	1.26
Total Interest Expense	57	35	8.13
Deposits Interest Expense	56	34	7.54
Long-Term Debt Interest Expense	1.56	1.08	0.55
Total Non-Interest Income	2.78	3.74	1.68
Other Service Charges	2.21	2.00	2.08
Net Realized & Unrealized Capital Gains on Investments	-0.09	0.28	-1.48
Investment Banking Income	0.00	0.46	0.47
Other Non-Interest Income	0.66	1.01	0.60
Provision for Credit Losses	0.74	0.97	0.44
Total Non-Interest Expense	39	35	31
Salaries and Employee Benefits	21	19	16
Net Occupancy & Equipment Expense	6.32	5.86	5.42
Marketing Expense	0.42	0.52	0.30
Other Operating Expenses	11	9.86	8.97
Other Special Charges	0.00	0.14	-
Income Tax Expense	19	18	9.59
Basic Earnings per Share	$3.58	$3.32	$1.61
Weighted Average Basic Shares Outstanding	13.14M	13.93M	15.43M
Diluted Earnings per Share	$3.52	$3.32	$1.58
Weighted Average Diluted Shares Outstanding	13.36M	13.94M	15.73M
Weighted Average Basic & Diluted Shares Outstanding	14.02M	14.07M	15.43M
Cash Dividends to Common per Share	$0.65	$0.24	$0.42

This table shows Northeast Community Bancorp's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	10	13	13	11	12	12	11	11	8.26	7.54
Consolidated Net Income / (Loss)	10	13	13	11	12	12	11	11	8.26	7.54
Net Income / (Loss) Continuing Operations	10	13	13	11	12	12	11	11	8.26	7.54
Total Pre-Tax Income	14	18	18	16	17	16	16	16	13	9.95
Total Revenue	25	28	27	26	27	25	25	24	22	18
Net Interest Income / (Expense)	25	26	26	25	25	25	24	23	21	17
Total Interest Income	40	41	40	38	37	35	32	29	25	19
Loans and Leases Interest Income	39	39	39	37	36	34	30	28	24	19
Investment Securities Interest Income	0.25	0.23	0.22	0.22	0.21	0.20	0.22	0.23	0.22	0.20
Deposits and Money Market Investments Interest Income	1.15	1.47	1.39	1.20	1.26	1.18	1.00	0.70	0.54	0.41
Total Interest Expense	15	15	14	13	12	10	7.70	5.67	3.56	1.92
Deposits Interest Expense	15	15	13	12	11	9.89	7.61	5.55	3.42	1.79
Long-Term Debt Interest Expense	0.01	0.26	0.57	0.73	0.78	0.11	0.08	0.11	0.13	0.13
Total Non-Interest Income	0.15	1.35	0.73	0.55	1.39	0.22	1.02	1.12	0.78	0.31
Other Service Charges	0.51	0.64	0.59	0.48	0.51	0.38	0.48	0.62	0.45	0.57
Net Realized & Unrealized Capital Gains on Investments	-0.53	0.55	-0.02	-0.08	0.60	-0.43	-0.12	0.23	0.06	-0.52
Other Non-Interest Income	0.18	0.16	0.16	0.16	0.17	0.15	0.54	0.15	0.15	0.15
Provision for Credit Losses	1.03	0.11	-0.23	-0.17	0.21	0.16	0.61	0.00	0.44	0.00
Total Non-Interest Expense	9.92	9.96	9.50	9.68	9.23	8.92	8.88	8.19	8.64	7.82
Salaries and Employee Benefits	5.20	5.14	5.25	5.35	4.76	4.70	4.84	4.54	4.13	3.98
Net Occupancy & Equipment Expense	1.62	1.60	1.50	1.60	1.49	1.43	1.46	1.49	1.45	1.33
Marketing Expense	0.11	0.13	0.09	0.09	0.10	0.13	0.24	0.05	0.12	0.08
Other Operating Expenses	2.99	3.10	2.65	2.65	2.75	2.66	2.35	2.11	2.50	2.44
Income Tax Expense	4.28	4.88	4.88	4.65	5.05	4.44	4.46	4.52	4.39	2.40
Basic Earnings per Share	$0.76	$0.97	$0.98	$0.87	$1.00	$0.80	$0.75	$0.77	$0.54	$0.49
Weighted Average Basic Shares Outstanding	13.14M	13.08M	13.08M	13.12M	13.93M	14.74M	14.70M	14.65M	15.43M	15.54M
Diluted Earnings per Share	$0.74	$0.95	$0.97	$0.86	$1.00	$0.80	$0.75	$0.77	$0.74	$0.49
Weighted Average Diluted Shares Outstanding	13.36M	13.42M	13.18M	13.19M	13.94M	14.82M	14.73M	14.70M	15.73M	15.54M
Weighted Average Basic & Diluted Shares Outstanding	14.02M	14.02M	14.02M	14.03M	14.07M	14.20M	14.97M	15.09M	15.43M	16.12M

This table details how cash moves in and out of Northeast Community Bancorp's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Net Change in Cash & Equivalents	9.59	-27	-57
Net Cash From Operating Activities	49	43	28
Net Cash From Continuing Operating Activities	49	43	28
Net Income / (Loss) Continuing Operations	47	46	25
Consolidated Net Income / (Loss)	47	46	25
Provision For Loan Losses	0.74	0.97	0.44
Depreciation Expense	1.19	1.22	1.25
Amortization Expense	-0.14	0.24	0.54
Non-Cash Adjustments to Reconcile Net Income	3.48	1.53	1.84
Changes in Operating Assets and Liabilities, net	-3.65	-7.40	-1.36
Net Cash From Investing Activities	-234	-358	-257
Net Cash From Continuing Investing Activities	-234	-358	-257
Purchase of Property, Leasehold Improvements and Equipment	-0.52	-0.63	-3.30
Purchase of Investment Securities	-247	-400	-268
Sale and/or Maturity of Investments	14	43	15
Net Cash From Financing Activities	195	288	172
Net Cash From Continuing Financing Activities	195	288	172
Net Change in Deposits	270	278	195
Issuance of Debt	0.00	50	0.00
Repayment of Debt	-64	-7.00	-7.00
Repurchase of Common Equity	-3.20	-29	-9.32
Payment of Dividends	-7.86	-3.65	-6.87
Other Financing Activities, Net	-0.39	-0.35	0.49
Cash Interest Paid	57	35	8.01
Cash Income Taxes Paid	22	21	9.20

This table details how cash moves in and out of Northeast Community Bancorp's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-20	-16	6.44	39	-38	-13	43	-18	40	-31
Net Cash From Operating Activities	10	14	11	13	12	13	7.00	11	13	7.17
Net Cash From Continuing Operating Activities	10	14	11	13	12	13	7.00	11	13	7.17
Net Income / (Loss) Continuing Operations	10	13	13	11	12	12	11	11	8.26	7.54
Consolidated Net Income / (Loss)	10	13	13	11	12	12	11	11	8.26	7.54
Provision For Loan Losses	1.03	0.11	-0.23	-0.17	0.21	0.16	0.61	0.00	0.44	-
Depreciation Expense	0.30	0.29	0.30	0.30	0.30	0.29	0.32	0.32	0.35	0.29
Amortization Expense	-0.01	-0.07	-0.08	0.02	-0.01	0.04	0.08	0.13	0.14	0.13
Non-Cash Adjustments to Reconcile Net Income	1.93	0.49	0.44	0.62	0.63	0.31	0.30	0.30	1.02	0.38
Changes in Operating Assets and Liabilities, net	-3.23	0.93	-2.11	0.76	-1.26	0.29	-5.40	-1.04	2.88	-1.17
Net Cash From Investing Activities	-59	-54	-53	-67	-78	-116	-65	-99	-100	-94
Net Cash From Continuing Investing Activities	-59	-54	-53	-67	-78	-116	-65	-99	-100	-94
Purchase of Property, Leasehold Improvements and Equipment	-0.14	-0.18	-0.13	-0.07	-0.25	-0.16	-0.12	-0.10	-0.07	-0.38
Purchase of Investment Securities	-58	-64	-54	-71	-81	-117	-100	-103	-109	-96
Sale and/or Maturity of Investments	-0.45	10	0.35	3.55	3.96	0.45	35	3.85	8.88	2.93
Net Cash From Financing Activities	30	23	49	93	28	90	101	69	127	55
Net Cash From Continuing Financing Activities	30	23	49	93	28	90	101	69	127	55
Net Change in Deposits	42	64	52	112	34	50	107	86	134	59
Issuance of Debt	50	-	-	-	-	-	-	-	-	-
Repayment of Debt	-57	10	-	-17	-	-	-	-7.00	-	-
Repurchase of Common Equity	-0.73	-	-1.22	-1.25	-5.32	-8.95	-3.92	-11	-6.12	-3.20
Payment of Dividends	-4.21	-1.40	-1.41	-0.85	-0.87	-0.90	-0.91	-0.97	-0.97	-0.98
Other Financing Activities, Net	-0.84	0.56	-0.44	0.34	-0.49	0.36	-1.60	1.38	0.07	0.56
Cash Interest Paid	15	15	14	13	12	9.87	7.61	5.62	3.52	1.90
Cash Income Taxes Paid	8.02	5.25	4.83	4.02	4.33	5.46	11	0.37	3.71	2.85

This table presents Northeast Community Bancorp's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	2,010	1,764	1,425
Cash and Due from Banks	14	13	13
Interest Bearing Deposits at Other Banks	65	55	82
Time Deposits Placed and Other Short-Term Investments	0.10	0.10	0.10
Trading Account Securities	22	18	44
Loans and Leases, Net of Allowance	-4.88	-4.92	2,424
Loans and Leases	-0.05	0.18	2,435
Allowance for Loan and Lease Losses	4.83	5.09	11
Premises and Equipment, Net	25	25	26
Other Assets	1,889	1,657	47
Total Liabilities & Shareholders' Equity	2,010	1,764	1,425
Total Liabilities	1,691	1,485	1,163
Non-Interest Bearing Deposits	287	300	376
Interest Bearing Deposits	1,385	1,102	748
Long-Term Debt	0.00	64	21
Other Long-Term Liabilities	19	19	18
Total Equity & Noncontrolling Interests	318	279	262
Total Preferred & Common Equity	318	279	262
Preferred Stock	0.00	0.00	0.00
Total Common Equity	318	279	262
Common Stock	110	110	137
Retained Earnings	214	176	133
Accumulated Other Comprehensive Income / (Loss)	0.22	0.32	0.16
Other Equity Adjustments	-6.09	-6.56	-7.43

This table presents Northeast Community Bancorp's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Total Assets	1,968	1,930	1,867	1,720	1,616	1,503	1,285
Cash and Due from Banks	16	13	9.94	16	14	14	14
Interest Bearing Deposits at Other Banks	82	101	98	91	106	63	41
Time Deposits Placed and Other Short-Term Investments	0.10	0.10	0.10	0.10	0.10	0.10	0.10
Trading Account Securities	21	18	18	33	18	44	45
Loans and Leases, Net of Allowance	1,755	-5.12	-4.98	1,503	-4.16	1,311	1,113
Loans and Leases	1,760	-0.21	-0.05	1,508	0.24	1,315	1,118
Allowance for Loan and Lease Losses	4.83	4.92	4.93	4.77	4.40	4.07	5.46
Premises and Equipment, Net	25	25	25	26	26	26	26
Other Assets	69	1,778	1,721	51	1,456	1,355	45
Total Liabilities & Shareholders' Equity	1,968	1,930	1,867	1,720	1,616	1,503	1,285
Total Liabilities	1,658	1,630	1,578	1,448	1,346	1,240	1,025
Non-Interest Bearing Deposits	268	286	289	309	329	331	354
Interest Bearing Deposits	1,363	1,280	1,226	1,059	989	882	636
Long-Term Debt	7.00	47	47	64	14	14	21
Other Long-Term Liabilities	21	17	17	15	14	14	14
Total Equity & Noncontrolling Interests	310	300	289	272	270	263	260
Total Preferred & Common Equity	310	300	289	272	270	263	260
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	310	300	289	272	270	263	260
Common Stock	110	109	109	115	123	127	142
Retained Earnings	206	197	186	164	153	143	125
Accumulated Other Comprehensive Income / (Loss)	0.33	0.32	0.32	0.18	0.17	0.16	-0.08
Other Equity Adjustments	-5.91	-6.13	-6.35	-6.78	-7.00	-7.22	-7.65

This table displays calculated financial ratios and metrics derived from Northeast Community Bancorp's official financial filings.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Growth Metrics	-	-	-
Revenue Growth	4.60%	53.96%	43.59%
EBITDA Growth	0.94%	82.80%	115.91%
EBIT Growth	1.59%	88.04%	121.07%
NOPAT Growth	1.72%	86.27%	108.68%
Net Income Growth	1.72%	86.27%	108.68%
EPS Growth	6.02%	110.13%	0.00%
Operating Cash Flow Growth	13.66%	55.54%	27.76%
Free Cash Flow Firm Growth	612.50%	-166.21%	-77.92%
Invested Capital Growth	-7.28%	21.32%	1.29%
Revenue Q/Q Growth	-1.07%	5.06%	16.88%
EBITDA Q/Q Growth	-3.81%	6.94%	25.28%
EBIT Q/Q Growth	-3.88%	7.48%	26.18%
NOPAT Q/Q Growth	-3.85%	9.05%	19.50%
Net Income Q/Q Growth	-3.85%	9.05%	19.50%
EPS Q/Q Growth	-6.88%	8.50%	338.89%
Operating Cash Flow Q/Q Growth	-3.44%	-2.55%	17.92%
Free Cash Flow Firm Q/Q Growth	4.81%	-8.66%	-92.76%
Invested Capital Q/Q Growth	0.54%	2.05%	0.69%
Profitability Metrics	-	-	-
EBITDA Margin	63.29%	65.58%	55.24%
EBIT Margin	62.30%	64.14%	52.52%
Profit (Net Income) Margin	44.59%	45.85%	37.89%
Tax Burden Percent	71.57%	71.48%	72.16%
Interest Burden Percent	100.00%	100.00%	100.00%
Effective Tax Rate	28.43%	28.52%	27.84%
Return on Invested Capital (ROIC)	14.23%	14.78%	8.84%
ROIC Less NNEP Spread (ROIC-NNEP)	14.23%	14.78%	8.84%
Return on Net Nonoperating Assets (RNNOA)	1.52%	2.32%	0.84%
Return on Equity (ROE)	15.75%	17.10%	9.68%
Cash Return on Invested Capital (CROIC)	21.78%	-4.49%	7.55%
Operating Return on Assets (OROA)	3.49%	4.06%	2.60%
Return on Assets (ROA)	2.49%	2.90%	1.87%
Return on Common Equity (ROCE)	15.75%	17.10%	9.68%
Return on Equity Simple (ROE_SIMPLE)	14.79%	16.57%	9.48%
Net Operating Profit after Tax (NOPAT)	47	46	25
NOPAT Margin	44.59%	45.85%	37.89%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	26.22%	24.99%	32.44%
Operating Expenses to Revenue	37.00%	34.90%	46.81%
Earnings before Interest and Taxes (EBIT)	66	65	34
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	67	66	36
Valuation Ratios	-	-	-
Price to Book Value (P/BV)	1.07	0.87	0.89
Price to Tangible Book Value (P/TBV)	1.07	0.87	0.89
Price to Revenue (P/Rev)	3.23	2.41	3.57
Price to Earnings (P/E)	7.24	5.26	9.41
Dividend Yield	2.30%	1.75%	2.90%
Earnings Yield	13.81%	19.01%	10.62%
Enterprise Value to Invested Capital (EV/IC)	0.82	0.70	0.56
Enterprise Value to Revenue (EV/Rev)	2.49	2.36	2.43
Enterprise Value to EBITDA (EV/EBITDA)	3.93	3.61	4.40
Enterprise Value to EBIT (EV/EBIT)	3.99	3.69	4.63
Enterprise Value to NOPAT (EV/NOPAT)	5.58	5.16	6.42
Enterprise Value to Operating Cash Flow (EV/OCF)	5.39	5.57	5.79
Enterprise Value to Free Cash Flow (EV/FCFF)	3.64	0.00	7.51
Leverage & Solvency	-	-	-
Debt to Equity	0.00	0.23	0.08
Long-Term Debt to Equity	0.00	0.23	0.08
Financial Leverage	0.11	0.16	0.10
Leverage Ratio	6.31	5.89	5.16
Compound Leverage Factor	6.31	5.89	5.16
Debt to Total Capital	0.00%	18.64%	7.42%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	18.64%	7.42%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	81.36%	92.58%
Debt to EBITDA	0.00	0.97	0.58
Net Debt to EBITDA	0.00	-0.07	-2.05
Long-Term Debt to EBITDA	0.00	0.97	0.58
Debt to NOPAT	0.00	1.38	0.85
Net Debt to NOPAT	0.00	-0.10	-3.00
Long-Term Debt to NOPAT	0.00	1.38	0.85
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-
Cash Flow Metrics	-	-	-
Free Cash Flow to Firm (FCFF)	72	-14	21
Operating Cash Flow to CapEx	9,417.02%	6,842.65%	833.50%
Free Cash Flow to Firm to Interest Expense	1.26	-0.40	2.61
Operating Cash Flow to Interest Expense	0.85	1.21	3.39
Operating Cash Flow Less CapEx to Interest Expense	0.84	1.20	2.98
Efficiency Ratios	-	-	-
Asset Turnover	0.06	0.06	0.05
Fixed Asset Turnover	4.20	3.92	2.62
Capital & Investment Metrics	-	-	-
Invested Capital	318	343	283
Invested Capital Turnover	0.32	0.32	0.23
Increase / (Decrease) in Invested Capital	-25	60	3.61
Enterprise Value (EV)	262	239	159
Market Capitalization	341	243	234
Book Value per Share	$22.71	$19.68	$16.25
Tangible Book Value per Share	$22.71	$19.68	$16.24
Total Capital	318	343	283
Total Debt	0.00	64	21
Total Long-Term Debt	0.00	64	21
Net Debt	-78	-4.77	-74
Capital Expenditures (CapEx)	0.52	0.63	3.30
Net Nonoperating Expense (NNE)	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	0.00	64	21
Total Depreciation and Amortization (D&A)	1.04	1.45	1.78
Earnings Adjustments	-	-	-
Adjusted Basic Earnings per Share	$3.58	$3.32	$1.61
Adjusted Weighted Average Basic Shares Outstanding	13.14M	13.93M	15.43M
Adjusted Diluted Earnings per Share	$3.52	$3.32	$1.58
Adjusted Weighted Average Diluted Shares Outstanding	13.36M	13.94M	15.73M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	14.02M	14.07M	15.43M
Normalized Net Operating Profit after Tax (NOPAT)	47	46	25
Normalized NOPAT Margin	44.59%	45.95%	38.39%
Pre Tax Income Margin	62.30%	64.14%	52.52%
Debt Service Ratios	-	-	-
EBIT to Interest Expense	1.15	1.83	4.24
NOPAT to Interest Expense	0.82	1.31	3.06
EBIT Less CapEx to Interest Expense	1.14	1.82	3.83
NOPAT Less CapEx to Interest Expense	0.81	1.29	2.65
Payout Ratios	-	-	-
Dividend Payout Ratio	16.70%	7.89%	27.65%
Augmented Payout Ratio	23.50%	69.93%	65.15%

This table displays calculated financial ratios and metrics derived from Northeast Community Bancorp's official financial filings.

Metric	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.31%	9.01%	7.65%	6.63%	22.39%	42.66%	77.85%	99.89%	77.21%	55.30%
EBITDA Growth	-15.16%	7.09%	12.27%	0.80%	32.68%	60.19%	112.42%	55.98%	12.57%	715.50%
EBIT Growth	-15.48%	7.92%	13.73%	1.67%	35.62%	63.67%	119.87%	65.45%	14.89%	899.60%
NOPAT Growth	-15.58%	7.12%	15.43%	1.16%	46.46%	57.03%	105.58%	54.24%	96.32%	933.15%
Net Income Growth	-15.58%	7.12%	15.43%	1.16%	46.46%	57.03%	105.58%	208.48%	96.32%	933.15%
EPS Growth	-26.00%	18.75%	29.33%	11.69%	35.14%	63.27%	114.29%	0.00%	254.17%	880.00%
Operating Cash Flow Growth	-14.48%	11.60%	58.98%	17.89%	-8.58%	80.26%	8.45%	1,222.34%	47.00%	31.02%
Free Cash Flow Firm Growth	172.98%	174.60%	-1,146.02%	-116.83%	-116.98%	-1,458.71%	-95.43%	264.64%	174.39%	101.16%
Invested Capital Growth	-7.28%	-5.88%	22.36%	21.49%	21.32%	19.70%	2.25%	-49.79%	-49.35%	1.57%
Revenue Q/Q Growth	-7.92%	2.53%	5.53%	-3.96%	4.90%	1.25%	4.53%	10.24%	22.28%	26.22%
EBITDA Q/Q Growth	-16.80%	-0.68%	9.59%	-6.32%	5.03%	4.13%	-1.60%	23.30%	26.81%	38.07%
EBIT Q/Q Growth	-17.47%	-0.63%	10.34%	-6.59%	5.38%	4.71%	-1.36%	24.60%	27.18%	40.66%
NOPAT Q/Q Growth	-19.47%	-0.88%	12.52%	-6.02%	2.19%	6.82%	-1.40%	36.08%	9.56%	39.85%
Net Income Q/Q Growth	-19.47%	-0.88%	12.52%	-6.02%	2.19%	6.82%	-1.40%	36.08%	9.56%	39.85%
EPS Q/Q Growth	-22.11%	-2.06%	12.79%	-14.00%	25.00%	6.67%	-2.60%	4.05%	51.02%	40.00%
Operating Cash Flow Q/Q Growth	-29.02%	29.65%	-13.84%	7.85%	-7.37%	84.69%	-36.10%	-16.37%	82.65%	11.11%
Free Cash Flow Firm Q/Q Growth	8.39%	164.16%	-5.35%	0.39%	-10.80%	-999.63%	-98.31%	0.51%	8,765.11%	-96.97%
Invested Capital Q/Q Growth	0.54%	-8.75%	3.29%	-2.16%	2.05%	18.64%	2.55%	-2.29%	0.69%	1.34%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
EBITDA Margin	58.14%	64.35%	66.42%	63.96%	65.58%	65.50%	63.69%	67.66%	60.49%	58.33%
EBIT Margin	56.98%	63.58%	65.60%	62.74%	64.51%	64.22%	62.09%	65.80%	58.22%	55.97%
Profit (Net Income) Margin	40.15%	45.91%	47.48%	44.53%	45.51%	46.72%	44.28%	46.94%	38.03%	42.44%
Tax Burden Percent	70.46%	72.21%	72.38%	70.98%	70.55%	72.75%	71.31%	71.34%	65.33%	75.83%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	29.54%	27.79%	27.62%	29.02%	29.45%	27.25%	28.69%	28.66%	34.67%	24.17%
Return on Invested Capital (ROIC)	12.81%	15.00%	15.73%	14.91%	14.67%	14.54%	13.97%	8.80%	5.92%	8.54%
ROIC Less NNEP Spread (ROIC-NNEP)	12.81%	15.00%	15.73%	14.91%	14.67%	14.54%	13.97%	8.80%	5.92%	8.54%
Return on Net Nonoperating Assets (RNNOA)	1.37%	1.83%	1.68%	1.65%	2.30%	2.32%	0.93%	0.95%	0.89%	0.82%
Return on Equity (ROE)	14.18%	16.83%	17.41%	16.56%	16.97%	16.86%	14.90%	9.75%	6.81%	9.36%
Cash Return on Invested Capital (CROIC)	21.78%	21.06%	-4.85%	-4.25%	-4.49%	-4.19%	11.37%	74.15%	5.05%	105.12%
Operating Return on Assets (OROA)	3.19%	3.68%	3.86%	3.82%	4.08%	4.11%	3.87%	3.66%	2.88%	2.62%
Return on Assets (ROA)	2.25%	2.66%	2.80%	2.71%	2.88%	2.99%	2.76%	2.61%	1.88%	1.99%
Return on Common Equity (ROCE)	14.18%	16.83%	17.41%	16.56%	16.97%	16.86%	14.90%	9.75%	6.81%	9.36%
Return on Equity Simple (ROE_SIMPLE)	0.00%	15.81%	16.04%	16.06%	0.00%	15.58%	14.15%	12.36%	0.00%	7.99%
Net Operating Profit after Tax (NOPAT)	10	13	13	11	12	12	11	11	8.26	7.54
NOPAT Margin	40.15%	45.91%	47.48%	44.53%	45.51%	46.72%	44.28%	46.94%	38.03%	42.44%
Net Nonoperating Expense Percent (NNEP)	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SG&A Expenses to Revenue	27.24%	24.85%	25.41%	27.55%	23.87%	24.69%	26.10%	25.38%	26.19%	30.32%
Operating Expenses to Revenue	38.99%	36.04%	35.24%	37.91%	34.72%	35.17%	35.47%	34.20%	39.76%	44.03%
Earnings before Interest and Taxes (EBIT)	14	18	18	16	17	16	16	16	13	9.95
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	15	18	18	16	17	17	16	16	13	10
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.07	1.18	0.83	0.76	0.87	0.79	0.81	0.75	0.89	0.75
Price to Tangible Book Value (P/TBV)	1.07	1.18	0.83	0.76	0.87	0.79	0.81	0.75	0.89	0.75
Price to Revenue (P/Rev)	3.23	3.43	2.38	2.13	2.41	2.23	2.48	2.54	3.57	3.48
Price to Earnings (P/E)	7.24	7.48	5.17	4.71	5.26	5.04	5.75	6.07	9.41	9.39
Dividend Yield	2.30%	1.22%	1.58%	1.54%	1.75%	1.68%	2.89%	3.29%	2.90%	4.02%
Earnings Yield	13.81%	13.37%	19.35%	21.23%	19.01%	19.83%	17.39%	16.48%	10.62%	10.65%
Enterprise Value to Invested Capital (EV/IC)	0.82	0.87	0.52	0.47	0.70	0.51	0.40	0.48	0.56	0.57
Enterprise Value to Revenue (EV/Rev)	2.49	2.58	1.74	1.54	2.36	1.78	1.28	1.72	2.43	2.87
Enterprise Value to EBITDA (EV/EBITDA)	3.93	3.96	2.66	2.38	3.61	2.77	2.04	2.83	4.40	5.58
Enterprise Value to EBIT (EV/EBIT)	3.99	4.02	2.71	2.43	3.69	2.84	2.10	2.94	4.63	5.91
Enterprise Value to NOPAT (EV/NOPAT)	5.58	5.63	3.78	3.41	5.16	4.03	2.97	4.12	6.42	7.75
Enterprise Value to Operating Cash Flow (EV/OCF)	5.39	5.46	3.71	3.53	5.57	3.90	2.97	3.55	5.79	6.90
Enterprise Value to Free Cash Flow (EV/FCFF)	3.64	4.01	0.00	0.00	0.00	0.00	3.56	0.44	7.51	0.55
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.02	0.16	0.16	0.23	0.23	0.05	0.05	0.08	0.08
Long-Term Debt to Equity	0.00	0.02	0.16	0.16	0.23	0.23	0.05	0.05	0.08	0.08
Financial Leverage	0.11	0.12	0.11	0.11	0.16	0.16	0.07	0.11	0.15	0.10
Leverage Ratio	6.31	6.34	6.23	6.11	5.89	5.64	5.40	5.39	5.16	4.70
Compound Leverage Factor	6.31	6.34	6.23	6.11	5.89	5.64	5.40	5.39	5.16	4.70
Debt to Total Capital	0.00%	2.21%	13.55%	13.99%	18.64%	19.02%	4.94%	5.06%	7.42%	7.47%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	2.21%	13.55%	13.99%	18.64%	19.02%	4.94%	5.06%	7.42%	7.47%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	97.79%	86.45%	86.01%	81.36%	80.98%	95.06%	94.94%	92.58%	92.53%
Debt to EBITDA	0.00	0.10	0.69	0.71	0.97	1.03	0.25	0.30	0.58	0.73
Net Debt to EBITDA	0.00	-1.31	-0.98	-0.91	-0.07	-0.69	-1.90	-1.34	-2.05	-1.18
Long-Term Debt to EBITDA	0.00	0.10	0.69	0.71	0.97	1.03	0.25	0.30	0.58	0.73
Debt to NOPAT	0.00	0.14	0.98	1.01	1.38	1.51	0.37	0.43	0.85	1.01
Net Debt to NOPAT	0.00	-1.86	-1.39	-1.30	-0.10	-1.01	-2.78	-1.95	-3.00	-1.64
Long-Term Debt to NOPAT	0.00	0.14	0.98	1.01	1.38	1.51	0.37	0.43	0.85	1.01
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	35	32	-51	-48	-48	-44	4.84	285	284	3.20
Operating Cash Flow to CapEx	7,311.43%	8,193.18%	8,362.41%	18,982.35%	4,865.45%	7,926.99%	5,781.82%	11,405.21%	19,252.94%	1,911.47%
Free Cash Flow to Firm to Interest Expense	2.32	2.18	-3.61	-3.66	-4.05	-4.35	0.63	50.32	79.81	1.67
Operating Cash Flow to Interest Expense	0.67	0.97	0.79	0.98	1.00	1.29	0.91	1.93	3.68	3.73
Operating Cash Flow Less CapEx to Interest Expense	0.67	0.96	0.78	0.98	0.98	1.27	0.89	1.91	3.66	3.53
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.05	0.05
Fixed Asset Turnover	4.20	4.23	4.12	4.02	3.92	3.70	3.41	3.02	2.62	2.25
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	318	317	347	336	343	336	284	277	283	281
Invested Capital Turnover	0.32	0.33	0.33	0.33	0.32	0.31	0.32	0.19	0.16	0.20
Increase / (Decrease) in Invested Capital	-25	-20	63	59	60	55	6.25	-274	-276	4.34
Enterprise Value (EV)	262	275	182	158	239	171	113	134	159	161
Market Capitalization	341	366	249	219	243	214	219	197	234	195
Book Value per Share	$22.71	$22.08	$21.38	$20.54	$19.68	$18.20	$17.86	$17.01	$16.25	$15.92
Tangible Book Value per Share	$22.71	$22.08	$21.38	$20.54	$19.68	$18.18	$17.85	$17.00	$16.24	$15.88
Total Capital	318	317	347	336	343	336	284	277	283	281
Total Debt	0.00	7.00	47	47	64	64	14	14	21	21
Total Long-Term Debt	0.00	7.00	47	47	64	64	14	14	21	21
Net Debt	-78	-91	-67	-61	-4.77	-43	-106	-63	-74	-34
Capital Expenditures (CapEx)	0.14	0.18	0.13	0.07	0.25	0.16	0.12	0.10	0.07	0.38
Net Nonoperating Expense (NNE)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Nonoperating Obligations (NNO)	0.00	7.00	47	47	64	64	14	14	21	21
Total Depreciation and Amortization (D&A)	0.30	0.21	0.22	0.31	0.29	0.33	0.40	0.45	0.50	0.42
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.76	$0.97	$0.98	$0.87	$1.00	$0.80	$0.75	$0.77	$0.54	$0.49
Adjusted Weighted Average Basic Shares Outstanding	13.14M	13.08M	13.08M	13.12M	13.93M	14.74M	14.70M	14.65M	15.43M	15.54M
Adjusted Diluted Earnings per Share	$0.74	$0.95	$0.97	$0.86	$1.00	$0.80	$0.75	$0.77	$0.74	$0.49
Adjusted Weighted Average Diluted Shares Outstanding	13.36M	13.42M	13.18M	13.19M	13.94M	14.82M	14.73M	14.70M	15.73M	15.54M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	14.02M	14.02M	14.02M	14.03M	14.07M	14.20M	14.97M	15.09M	15.43M	16.12M
Normalized Net Operating Profit after Tax (NOPAT)	10	13	13	11	12	12	11	11	8.26	7.54
Normalized NOPAT Margin	40.15%	45.91%	47.48%	44.53%	45.51%	46.72%	44.28%	46.94%	38.03%	42.44%
Pre Tax Income Margin	56.98%	63.58%	65.60%	62.74%	64.51%	64.22%	62.09%	65.80%	58.22%	55.97%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.96	1.18	1.26	1.22	1.44	1.63	2.02	2.78	3.55	5.17
NOPAT to Interest Expense	0.67	0.85	0.91	0.87	1.02	1.18	1.44	1.98	2.32	3.92
EBIT Less CapEx to Interest Expense	0.95	1.17	1.25	1.21	1.42	1.61	2.00	2.76	3.54	4.97
NOPAT Less CapEx to Interest Expense	0.66	0.84	0.90	0.86	0.99	1.17	1.42	1.97	2.30	3.73
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	16.70%	9.24%	8.36%	7.61%	7.89%	8.85%	10.06%	21.13%	27.65%	33.09%
Augmented Payout Ratio	23.50%	25.16%	43.16%	49.50%	69.93%	78.39%	72.37%	82.28%	65.15%	48.46%

Frequently Asked Questions About Northeast Community Bancorp's Financials

When does Northeast Community Bancorp's financial year end?

According to the most recent income statement we have on file, Northeast Community Bancorp's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Northeast Community Bancorp's net income changed over the last 2 years?

Northeast Community Bancorp's net income appears to be on an upward trend, with a most recent value of $47.07 million in 2024, rising from $24.84 million in 2022. The previous period was $46.28 million in 2023.

How has Northeast Community Bancorp revenue changed over the last 2 years?

Over the last 2 years, Northeast Community Bancorp's total revenue changed from $65.56 million in 2022 to $105.58 million in 2024, a change of 61.0%.

How much debt does Northeast Community Bancorp have?

Northeast Community Bancorp's total liabilities were at $1.69 billion at the end of 2024, a 13.9% increase from 2023, and a 45.4% increase since 2022.

How much cash does Northeast Community Bancorp have?

In the past 2 years, Northeast Community Bancorp's cash and equivalents has ranged from $13.21 million in 2022 to $13.70 million in 2024, and is currently $13.70 million as of their latest financial filing in 2024.

How has Northeast Community Bancorp's book value per share changed over the last 2 years?

Over the last 2 years, Northeast Community Bancorp's book value per share changed from 16.25 in 2022 to 22.71 in 2024, a change of 39.7%.

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This page (NASDAQ:NECB) was last updated on 5/30/2025 by MarketBeat.com Staff

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Northeast Community Bancorp (NECB) Financials

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Northeast Community Bancorp (NECB) Financials

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