NECB News and Press, NorthEast Community Bancorp Inc. From 10/27/23

NorthEast Community Bancorp Inc. (NECB) is expected to report $0.68 for Q3 2023

2023-09-12 09:04:34 ET Summary Despite a strong capital position and attractive credit metrics, WMPN and NECB trade below tangible book value, a proxy for liquidation value. Both leadership teams recognize the disconnect and are actively repurchasing shares at accretive valuations...

2023-08-30 09:57:20 ET Summary Northeast Community Bancorp Inc. has seen triple-digit growth in its bottom line due to higher interest rates. NECB operates in the regional bank industry and has a small market cap, making its share price volatile. The company offers financial s...

WHITE PLAINS, N.Y., July 26, 2023 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $11.1 million and $22.3 million, or $0.75 and $1.56 per b...

2023-05-30 09:06:41 ET NorthEast Community Bancorp ( NASDAQ: NECB ) has authorized a new stock repurchase program to acquire up to 1,509,218 shares, or 10%, of the currently issued and outstanding common stock. The company completed the first stock repurchase program at a cost...

NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “ Company ”), the holding company for NorthEast Community Bank, today announced that the Company’s Board of Directors has authorized a new stock repurchase program to acquire up to 1,509,218 shares, or 10%, of the Comp...

2023-05-08 10:43:57 ET NorthEast Community Bancorp ( NASDAQ: NECB ) stock slid 2.6% in Monday morning trading after Piper Sandler analyst Justin Crowley downgraded the bank's rating to Neutral from Overweight. The company's Q1 earnings beat (Piper is the only firm with...

2023-05-01 17:47:21 ET Northeast Community Bancorp press release ( NASDAQ: NECB ): Q1 GAAP EPS of $0.77 beats by $0.16 . Revenue of $23.95M (+99.7% Y/Y) beats by $1.83M . For further details see: Northeast Community Bancorp GAAP EPS of $0.77 beats by $0.1...

WHITE PLAINS, N.Y., May 01, 2023 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $11.2 million, or $0.77 per basic and diluted common share...

WHITE PLAINS, N.Y., March 10, 2023 (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 25, 2023. About No...