NorthEast Community Bancorp, Inc. Reports Results for the Three Months Ended March 31, 2024
NorthEast Community Bancorp, Inc. (NECB)
US:NASDAQ Investor Relations:
necommunitybank.com/aboutus/investorrelations.aspx
Company Research
Source: GlobeNewswire
WHITE PLAINS, N.Y., April 25, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $11.4 million, or $0.87 per basic share and $0.86 per diluted share, for the three months ended March 31, 2024 compared to net income of $11.2 million, or $0.77 per basic and diluted share, for the three months ended March 31, 2023. Kenneth A. Martinek, NorthEast Community Bancorp’s Chairman of the Board and Chief Executive Officer, stated “We are pleased to report another quarter of strong earnings due to the strong performance of our loan portfolio. Despite the high interest rate environment during 2023 that continued into 2024, loan demand remained strong with originations and outstanding commitments remaining robust. As has been in the past, construction lending in high demand-high absorption areas continues to be our focus.” Highlights for the three months ended
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News
- NorthEast Community Bancorp, Inc. Reports Results for the Three Months Ended March 31, 2024 [Yahoo! Finance]Yahoo! Finance
- Investing in Northeast Community Bancorp (NASDAQ:NECB) five years ago would have delivered you a 101% gain [Yahoo! Finance]Yahoo! Finance
- Is Northeast Community Bancorp (NECB) a Great Value Stock Right Now? [Yahoo! Finance]Yahoo! Finance
- Northeast Community Bancorp's (NASDAQ:NECB) Shareholders Will Receive A Bigger Dividend Than Last Year [Yahoo! Finance]Yahoo! Finance
- NorthEast Community Bancorp (NECB) Hikes Dividend by 66.7% [Yahoo! Finance]Yahoo! Finance
NECB
Earnings
- 2/1/24 - Beat
NECB
Sec Filings
- 4/26/24 - Form 8-K
- 4/12/24 - Form ARS
- 4/12/24 - Form DEFA14A
- NECB's page on the SEC website