Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
06 July 2006Website:
http://www.necommunitybank.comNext earnings report:
13 November 2024Last dividends:
04 October 2024Next dividends:
N/APrice
after hours | Fri, 04 Oct 2024 20:19:37 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
NECB Latest News
Northeast Community Bancorp (NECB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
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, a small bank valued at $188 million, has seen significant increases in deposits and loans in recent years. The bank's shares are priced competitively and it has a history of strong profitability and asset quality.
We plan to invest in banks that are trading below their tangible book value, have strong balance sheets with excess capital, high-quality assets, and management teams that prioritize shareholder interests. We discuss the recent earnings season and mention some intriguing opportunities, such as PDLB and NBBK. Upon reviewing our investment thesis, we continue to recommend a strong buy for NECB.
At Zacks, we primarily prioritize the Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep a close eye on current value, growth, and momentum trends to emphasize strong selections.
At Zacks, we prioritize the reliable Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep a close eye on current value, growth, and momentum trends to highlight strong selections.
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) rewards shareholders with a 66.7% increase in quarterly cash dividend. This, along with the share repurchase plan, will keep enhancing shareholder value.
Northeast Community Bancorp (NECB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
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.
What type of business is Northeast Community Bancorp?
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.
What sector is Northeast Community Bancorp in?
Northeast Community Bancorp is in the Financial Services sector
What industry is Northeast Community Bancorp in?
Northeast Community Bancorp is in the Banks - Regional industry
What country is Northeast Community Bancorp from?
Northeast Community Bancorp is headquartered in United States
When did Northeast Community Bancorp go public?
Northeast Community Bancorp initial public offering (IPO) was on 06 July 2006
What is Northeast Community Bancorp website?
https://www.necommunitybank.com
Is Northeast Community Bancorp in the S&P 500?
No, Northeast Community Bancorp is not included in the S&P 500 index
Is Northeast Community Bancorp in the NASDAQ 100?
No, Northeast Community Bancorp is not included in the NASDAQ 100 index
Is Northeast Community Bancorp in the Dow Jones?
No, Northeast Community Bancorp is not included in the Dow Jones index
When was Northeast Community Bancorp the previous earnings report?
No data
When does Northeast Community Bancorp earnings report?
The next expected earnings date for Northeast Community Bancorp is 13 November 2024