NECB - Northeast Community Bancorp, Inc.
Northeast Community Bancorp (NECB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
KR, WOR, DAL, NECB and WKC recently raised dividends as persistent inflation and market risks keep income-focused investors on alert.
WHITE PLAINS, N.Y., June 18, 2026 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.25 per common share.
WHITE PLAINS, N. Y. , June 18, 2026 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the "Company") (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0. 25 per common share.
Northeast Community Bancorp remains a ‘strong buy' due to compelling valuation and robust asset quality. NECB trades at a forward P/E of 7.5 and below book value, outperforming most peers on key valuation metrics. Asset quality is exceptional, with zero non-performing loans and a return on assets of 1.97%, well above industry thresholds.
Northeast Community Bancorp has outperformed U.S. financial peers in 2026, benefiting from its very undemanding valuation. Q1 2026 EPS fell 5% Y/Y, although part of the weakness is arguably transitory as the unrealized gain on equity securities will likely not recur in future quarters. NECB has made further progress in attracting deposits, allowing its loan-to-deposit ratio to improve to 1.12x.
Northeast Community Bancorp (NECB) came out with quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.78 per share a year ago.
WHITE PLAINS, N. Y. , April 29, 2026 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the "Company"), the parent holding company of NorthEast Community Bank (the "Bank"), reported net income of $10. 0 million, or $0.
WHITE PLAINS, N.Y., April 29, 2026 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $10.0 million, or $0.76 per basic share and $0.74 per diluted share, for the three months ended March 31, 2026 compared to net income of $10.6 million, or $0.80 per basic share and $0.78 per diluted share, for the three months ended March 31, 2025.
Citizens Financial Services (CZFS) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $1.6 per share a year ago.
Webster Financial (WBS) came out with quarterly earnings of $1.57 per share, beating the Zacks Consensus Estimate of $1.53 per share. This compares to earnings of $1.3 per share a year ago.
Northeast Community Bancorp (NECB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WHITE PLAINS, N.Y., March 19, 2026 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share.
Northeast Community Bancorp remains a 'Strong Buy' due to robust asset quality and compelling valuation, despite recent share price appreciation. NECB's loan portfolio is diversifying away from construction loans, with multifamily and commercial loans growing 48.4% and 26.7% year over year, respectively. The bank trades at a 7.5x P/E, below peers and book value, while maintaining superior returns on assets (2.11%) and equity (12.32%).
Northeast Community Bancorp has outperformed U.S. financial peers so far in 2026, benefiting from deposit inflows in H2 2025. NECB shares still trade at a circa 40% trailing P/E discount to regional bank peers, indicating that near-term macroeconomic headwinds in New York are likely priced in. A strong capital position, coupled with a valuation below book value, makes incremental share repurchases accretive.
WHITE PLAINS, N.Y., Feb. 19, 2026 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the holding company for NorthEast Community Bank, today announced that its annual meeting of stockholders will be held on Thursday, May 21, 2026.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Northeast Community Bancorp (NECB) came out with quarterly earnings of $0.79 per share, missing the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.8 per share a year ago.
WHITE PLAINS, N.Y., Jan. 28, 2026 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $10.8 million, or $0.81 per basic share and $0.79 per diluted share, for the quarter ended December 31, 2025 compared to net income of $10.2 million, or $0.78 per basic share and $0.75 per diluted share, for the quarter ended December 31, 2024.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.