See more : The Chiba Kogyo Bank, Ltd. (8337.T) Income Statement Analysis – Financial Results
Complete financial analysis of Northeast Community Bancorp, Inc. (NECB) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Northeast Community Bancorp, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- CM Life Sciences II Inc. (CMII) Income Statement Analysis – Financial Results
- Zenith Fibres Limited (ZENIFIB.BO) Income Statement Analysis – Financial Results
- Scorpio Tankers Inc. (STNG) Income Statement Analysis – Financial Results
- Quebec Precious Metals Corporation (QPM.V) Income Statement Analysis – Financial Results
- Africa Energy Corp. (AFE.V) Income Statement Analysis – Financial Results
Northeast Community Bancorp, Inc. (NECB)
About Northeast Community Bancorp, Inc.
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 seven 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, as well as Danvers, Massachusetts. The company was founded in 1934 and is based in White Plains, New York.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 99.82M | 65.46M | 45.65M | 41.57M | 56.15M | 49.96M | 39.50M | 30.28M | 20.07M | 18.39M | 17.35M | 18.85M | 18.87M | 19.85M | 15.78M | 15.19M | 31.45M | 11.47M | 11.08M | 10.81M | 0.00 | 12.30M | 10.65M |
| Cost of Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 99.82M | 65.46M | 45.65M | 41.57M | 56.15M | 49.96M | 39.50M | 30.28M | 20.07M | 18.39M | 17.35M | 18.85M | 18.87M | 19.85M | 15.78M | 15.19M | 31.45M | 11.47M | 11.08M | 10.81M | 0.00 | 12.30M | 10.65M |
| Gross Profit Ratio | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 100.00% | 100.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 20.41M | 15.55M | 15.00M | 16.44M | 1.60M | 1.20M | 1.18M | 1.06M | 10.95M | 11.11M | 10.50M | 12.32M | 8.41M | 8.39M | 8.13M | 6.70M | 5.19M | 4.60M | 4.14M | 4.20M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 521.00K | 299.00K | 139.00K | 168.00K | 385.00K | 126.00K | 61.00K | 118.00K | 82.00K | 42.00K | 59.00K | 261.00K | 178.00K | 64.00K | 348.00K | 225.00K | 84.00K | 135.00K | 82.00K | 85.00K | 0.00 | 0.00 | 0.00 |
| SG&A | 20.93M | 15.85M | 15.14M | 16.60M | 17.35M | 16.59M | 14.18M | 12.96M | 11.03M | 11.16M | 10.56M | 12.58M | 8.59M | 8.46M | 8.48M | 6.92M | 5.27M | 4.74M | 4.22M | 4.29M | 0.00 | 0.00 | 0.00 |
| Other Expenses | 0.00 | -10.53M | -45.21M | -42.57M | -8.26M | -7.11M | -6.05M | -4.70M | -23.51M | -23.62M | -23.18M | -32.49M | -18.72M | -17.10M | 4.00K | -10.28M | -9.52M | -9.12M | -8.62M | -9.87M | 2.39M | -2.04M | 799.00K |
| Operating Expenses | 25.22M | 299.00K | -30.08M | -25.96M | 8.26M | 7.11M | 6.05M | 4.70M | -12.48M | -12.47M | -12.62M | -19.91M | -10.14M | -8.64M | 8.49M | -3.36M | -4.25M | -4.38M | -4.41M | -5.58M | 2.39M | -2.04M | 799.00K |
| Cost & Expenses | 25.22M | 299.00K | -30.08M | -25.96M | 39.10M | 32.97M | 25.56M | 22.00M | -12.48M | -12.47M | -12.62M | -19.91M | -10.14M | -8.64M | 8.49M | -3.36M | -4.25M | -4.38M | -4.41M | -5.58M | 2.39M | -2.04M | 799.00K |
| Interest Income | 132.49M | 72.00M | 48.40M | 48.98M | 54.68M | 47.82M | 37.34M | 28.59M | 22.26M | 19.95M | 18.55M | 20.03M | 22.15M | 24.64M | 24.37M | 21.95M | 17.60M | 15.35M | 12.92M | 11.98M | 0.00 | 16.54M | 17.94M |
| Interest Expense | 35.30M | 8.13M | 5.10M | 9.98M | 743.00K | 9.48M | 6.53M | 5.38M | 4.05M | 3.44M | 3.19M | 3.76M | 5.18M | 8.44M | 10.09M | 8.55M | 5.92M | 4.49M | 3.11M | 2.49M | 0.00 | 4.24M | 7.29M |
| Depreciation & Amortization | 0.00 | 1.25M | 1.12M | 1.07M | 916.00K | 818.00K | 813.00K | 759.00K | 721.00K | 755.00K | 817.00K | 741.00K | 712.00K | 833.00K | 762.00K | 650.00K | 589.00K | 112.00K | 664.00K | 658.00K | 0.00 | 0.00 | 0.00 |
| EBITDA | 0.00 | 35.68M | 16.69M | 16.68M | 0.00 | 0.00 | 0.00 | 0.00 | 4.26M | 3.24M | 0.00 | 0.00 | 4.26M | 0.00 | 0.00 | 0.00 | 21.88M | 0.00 | 4.23M | 3.39M | 2.39M | 10.26M | 11.45M |
| EBITDA Ratio | 0.00% | 65.01% | 36.56% | 40.12% | -0.28% | -0.42% | -0.16% | -1.58% | 41.41% | 36.33% | 31.97% | -1.65% | 50.04% | 60.66% | 34.38% | 82.15% | 88.37% | 62.83% | 66.22% | 54.45% | 0.00% | 83.39% | 107.50% |
| Operating Income | 64.90M | 41.31M | 15.57M | 15.61M | 17.09M | 17.02M | 14.59M | 8.62M | 7.59M | 5.93M | 4.73M | -1.05M | 8.73M | 11.21M | 4.66M | 11.83M | 27.21M | 7.10M | 6.67M | 5.23M | 2.39M | 10.26M | 11.45M |
| Operating Income Ratio | 65.01% | 63.11% | 34.12% | 37.55% | 30.43% | 34.08% | 36.94% | 28.48% | 37.82% | 32.23% | 27.26% | -5.58% | 46.27% | 56.46% | 29.55% | 77.88% | 86.50% | 61.85% | 60.23% | 48.36% | 0.00% | 83.39% | 107.50% |
| Total Other Income/Expenses | -156.00K | -9.42M | -6.58M | -6.49M | -6.59M | -6.19M | -4.27M | -4.08M | -4.28M | -4.40M | -4.93M | -3.76M | 10.00K | 1.92M | -5.43M | 0.00 | -589.00K | -5.00K | -19.00K | -136.00K | 0.00 | -8.32M | -5.69M |
| Income Before Tax | 64.74M | 34.43M | 15.57M | 15.61M | 16.93M | 16.81M | 14.53M | 8.15M | 3.54M | 2.48M | 1.54M | -4.82M | 3.55M | 2.77M | -5.43M | 3.28M | 21.29M | 2.60M | 3.56M | 2.74M | 0.00 | 6.02M | 4.16M |
| Income Before Tax Ratio | 64.86% | 52.60% | 34.12% | 37.55% | 30.15% | 33.65% | 36.78% | 26.90% | 17.62% | 13.51% | 8.86% | -25.54% | 18.83% | 13.97% | -34.39% | 21.59% | 67.68% | 22.69% | 32.15% | 25.30% | 0.00% | 48.96% | 39.08% |
| Income Tax Expense | 18.47M | 9.59M | 3.67M | 3.28M | 3.98M | 3.79M | 6.48M | 3.12M | 1.19M | 787.00K | 400.00K | -2.30M | 1.20M | 904.00K | -2.81M | 1.18M | 9.15M | 1.05M | 1.57M | 1.17M | -2.39M | 2.72M | 2.15M |
| Net Income | 46.28M | 24.84M | 11.91M | 12.33M | 12.95M | 13.03M | 8.05M | 5.03M | 2.34M | 1.70M | 1.14M | -2.51M | 2.36M | 1.87M | -2.62M | 2.10M | 12.14M | 1.56M | 1.99M | 1.56M | 2.39M | 3.30M | 2.01M |
| Net Income Ratio | 46.36% | 37.95% | 26.08% | 29.66% | 23.07% | 26.08% | 20.38% | 16.60% | 11.67% | 9.23% | 6.55% | -13.33% | 12.48% | 9.41% | -16.57% | 13.84% | 38.59% | 13.58% | 17.97% | 14.45% | 0.00% | 26.83% | 18.89% |
| EPS | 3.32 | 1.61 | 0.75 | 0.76 | 0.80 | 0.81 | 0.50 | 0.31 | 0.20 | 0.14 | 0.09 | -0.20 | 0.19 | 0.15 | -0.20 | 0.16 | 0.95 | 0.06 | 0.16 | 0.12 | 0.19 | 0.27 | 0.16 |
| EPS Diluted | 3.32 | 1.58 | 0.75 | 0.76 | 0.80 | 0.81 | 0.50 | 0.31 | 0.20 | 0.14 | 0.09 | -0.20 | 0.19 | 0.15 | -0.20 | 0.16 | 0.95 | 0.06 | 0.16 | 0.12 | 0.19 | 0.27 | 0.16 |
| Weighted Avg Shares Out | 13.93M | 15.43M | 15.85M | 16.15M | 16.11M | 16.08M | 16.06M | 16.05M | 11.97M | 12.11M | 12.32M | 12.30M | 12.46M | 12.71M | 12.80M | 12.77M | 12.75M | 12.73M | 12.72M | 12.72M | 12.30M | 12.30M | 12.30M |
| Weighted Avg Shares Out (Dil) | 13.94M | 15.73M | 15.85M | 16.15M | 16.11M | 16.08M | 16.06M | 16.05M | 11.97M | 12.11M | 12.32M | 12.30M | 12.46M | 12.71M | 12.80M | 12.77M | 12.75M | 12.73M | 12.72M | 12.72M | 12.30M | 12.30M | 12.30M |
3 Breakout Stocks to Watch for Superb Returns
Northeast Community Bancorp (NECB), Cyxtera Technologies (CYXT) & Firstgroup (FGROY) have been selected as the breakout stocks for today.
6 Stocks That Will Be First to Rebound From the Coming Recession
These six stocks have high-quality earnings, brand names, and revenue growth. Their stocks will be the first to rebound after a recession is seen as nearing its end.
6 Standout Financial Stocks Selling Below Their Book Value
These six financial stocks are selling below their book value and are cheap stocks for value investors seeking a bargain. The post 6 Standout Financial Stocks Selling Below Their Book Value appeared first on InvestorPlace.
Northeast Community Bancorp (NECB) is a Top Dividend Stock Right Now: Should You Buy?
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Northeast Community Bancorp (NECB) have what it takes?
Northeast Community Bancorp (NECB) Moves to Strong Buy: Rationale Behind the Upgrade
Northeast Community Bancorp (NECB) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
4 Affordable Breakout Stocks for Stunning Returns
BCBP, VRRM, NECB, and ALYA qualified the screen for breakout stocks for today.
What Makes Northeast Community Bancorp (NECB) a New Buy Stock
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.
Northeast Community Bancorp, Inc. Announces Quarterly Cash Dividend
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...
NorthEast Community Bancorp, Inc. Reports Results for the Quarter Ended June 30, 2021
WHITE PLAINS, N.Y., July 30, 2021 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (NasdaqCM: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”) reported net income of $3.7 million and $7.0 million, or $0.31 and $0.58 per...
NorthEast Community Bancorp, Inc. Announces Initial Quarterly Cash Dividend
WHITE PLAINS, New York, July 22, 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...
Source: https://incomestatements.info
Category: Stock Reports