Northeast Community Bancorp (NECB): Price and Financial Metrics
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NECB Price/Volume Stats
|Current price||$10.83||52-week high||$17.00|
|Prev. close||$11.03||52-week low||$10.02|
|Day high||$11.01||Avg. volume||48,724|
|50-day MA||$10.93||Dividend yield||2.22%|
|200-day MA||$13.34||Market Cap||177.37M|
Northeast Community Bancorp (NECB) Company Bio
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. 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 investment advisory and financial planning services; and life insurance products and fixed-rate annuities. It operates six full-service branches in New York and three full-service branches in Massachusetts; and loan production offices in White Plains and New City, New York. The company was founded in 1934 and is based in White Plains, New York.
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Below are the latest news stories about NorthEast Community Bancorp Inc that investors may wish to consider to help them evaluate NECB as an investment opportunity.
CORRECTING and REPLACING: Northeast Community Bancorp, Inc. Reports Results for the Quarter Ended September 30, 2021
WHITE PLAINS, N.Y., Nov. 02, 2021 (GLOBE NEWSWIRE) -- The basic and diluted earnings per common share in the first paragraph should read $0.19 and $0.55for the three and nine months ended September 30, 2020, respectively. NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), has determined that the basic and diluted earnings per common share amounts for the three and nine months ended September 30, 2020 were incorre
WHITE PLAINS, N.Y., Oct. 29, 2021 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $730,000 and $7.7 million, or $0.05 and $0.48 per basic and diluted common share, for the three months and nine months ended September 30, 2021, respectively, compared to net income of $3.1 million and $8.9 million, or $0.26 and $0.74 per basic and diluted common share, for the three mon
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WHITE PLAINS, N.Y., Oct. 12, 2021 (GLOBE NEWSWIRE) -- As previously reported, NorthEast Community Bancorp, Inc. (NasdaqCM: NECB) (the “Company”), the parent company of NorthEast Community Bank, had one non-performing loan as of June 30, 2021 that was a non-residential real estate loan with a balance of $3.593 million that is secured by commercial real estate located in Greenwich, Connecticut and guaranteed by the two borrowers. The loan was originated in 2016 as a two-year bridge loan and, upon
WHITE PLAINS, N.Y., Oct. 12, 2021 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (NasdaqCM: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.06 per common share. The dividend will be paid on or about November 8, 2021 to shareholders of record as of the close of business on October 25, 2021. About NorthEast Community Bancorp, Inc. The Company is the holding company for NorthEast Community Bank. NorthEast Community Bank is a New
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