About Northeast Community Bancorp (OTCMKTS:NECB)
NorthEast Community Bancorp, Inc. is the holding company for NorthEast Community Bank (the Bank). The Bank is a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area. The Bank is principally engaged in the business of attracting deposits and investing those funds into mortgage and commercial loans. The Bank offers a range of banking products and services, including mobile banking, as well as commercial real estate loans, commercial construction financing, lines of credit and term loans. Its business banking services include remote deposit, online banking and bill payment, online financial management tools, automated clearing house (ACH) services, business checking, sweep accounts, overdraft protection, and wealth management services. The Bank also offers investment advisory and financial planning services under the name Hayden Wealth Management Group, a division of the Bank.
Industry, Sector and Symbol:
- Industry: Savings & Loans
- Sub-Industry: N/A
- Sector: Finance
- Symbol: OTCMKTS:NECB
- CUSIP: N/A
- Web: www.necommunitybank.com
Sales & Book Value:
- Annual Sales: $21.83 million
- Price / Sales: 5.65
- Book Value: N/A
- Price / Book: N/A
- Annual Dividend: $0.12
- Dividend Yield: 1.2%
- Outstanding Shares: 12,220,000
Frequently Asked Questions for Northeast Community Bancorp (OTCMKTS:NECB)
What is Northeast Community Bancorp's stock symbol?
Northeast Community Bancorp trades on the OTCMKTS under the ticker symbol "NECB."
How often does Northeast Community Bancorp pay dividends? What is the dividend yield for Northeast Community Bancorp?
Northeast Community Bancorp declared a dividend on Thursday, September 14th. Investors of record on Friday, October 6th will be paid a dividend of $0.03 per share on Wednesday, November 1st. The ex-dividend date of this dividend is Thursday, October 5th. View Northeast Community Bancorp's Dividend History.
How will Northeast Community Bancorp's stock buyback program work?
Northeast Community Bancorp announced that its Board of Directors has authorized a share buyback plan on Sunday, November 12th 2017, which authorizes the company to repurchase 280,000 outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 2.2% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.
Who are some of Northeast Community Bancorp's key competitors?
Some companies that are related to Northeast Community Bancorp include Transcontinental Realty Investors (TCI), Foxtons Group PLC Unsponsored ADR (FXTGY), Northrim BanCorp (NRIM), Leju Holdings Limited (LEJU), Capstar Financial Holdings (CSTR), First Bank (FRBA), Atlas Financial Holdings (AFH), Invesco Bond Fund (VBF), Reis (REIS), BCB Bancorp, Inc. (NJ) (BCBP), Shore Bancshares (SHBI), FS Bancorp (FSBW), Citizens Financial Services (CZFS), Commerce Union Bancshares (CUBN), Orrstown Financial Services (ORRF), Investar Holding Corporation (ISTR), LCNB Corporation (LCNB) and Hallmark Financial Services (HALL).
Who are Northeast Community Bancorp's key executives?
Northeast Community Bancorp's management team includes the folowing people:
- Kenneth A. Martinek, Chairman of the Board, Chief Executive Officer (Age 62)
- Jose M. Collazo, President, Chief Operating Officer, Director (Age 47)
- Donald S. Hom, Chief Financial Officer, Executive Vice President, Treasurer
- Diane B. Cavanaugh, Independent Director (Age 58)
- Arthur M. Levine CPA, Independent Director (Age 80)
- Eugene M. Magier, Independent Director (Age 53)
- Charles A. Martinek, Independent Director (Age 53)
- John F. McKenzie, Independent Director (Age 71)
How do I buy Northeast Community Bancorp stock?
Shares of Northeast Community Bancorp can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Northeast Community Bancorp's stock price today?
One share of Northeast Community Bancorp stock can currently be purchased for approximately $10.10.
How big of a company is Northeast Community Bancorp?
Northeast Community Bancorp has a market capitalization of $125.17 million and generates $21.83 million in revenue each year.
How can I contact Northeast Community Bancorp?
Northeast Community Bancorp's mailing address is 325 HAMILTON AVENUE, WHITE PLAINS NY, 10601. The savings and loans company can be reached via phone at 914-684-2500.
MarketBeat Community Rating for Northeast Community Bancorp (OTCMKTS NECB)MarketBeat's community ratings are surveys of what our community members think about Northeast Community Bancorp and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Northeast Community Bancorp (OTCMKTS:NECB) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Northeast Community Bancorp (OTCMKTS:NECB)
Analysts' Ratings History for Northeast Community Bancorp (OTCMKTS:NECB)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Northeast Community Bancorp (OTCMKTS:NECB)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Northeast Community Bancorp (OTCMKTS:NECB)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Northeast Community Bancorp (OTCMKTS:NECB)
|Most Recent Dividend:||11/1/2017|
Dividend History by Quarter for Northeast Community Bancorp (OTCMKTS NECB)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Northeast Community Bancorp (OTCMKTS NECB)
Insider Ownership Percentage: 0.92%
Institutional Ownership Percentage: 3.89%
Insider Trades by Quarter for Northeast Community Bancorp (OTCMKTS NECB)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|5/28/2015||Charles A Martinek||Director||Sell||1,525||$7.06||$10,766.50|| |
|8/18/2014||Eugene M Magier||Director||Buy||4,000||$7.06||$28,240.00|| |
|12/3/2012||Eugene M Magier||Director||Buy||5,000||$5.15||$25,750.00|| |
Latest Headlines for Northeast Community Bancorp (OTCMKTS NECB)
Northeast Community Bancorp (OTCMKTS NECB) Chart for Tuesday, November, 21, 2017