Northeast Community Bancorp (NECB) Projected to Post Earnings on Thursday

Posted by MarketBeat News on Apr 17th, 2025

Northeast Community Bancorp (NASDAQ:NECB – Get Free Report) will likely be releasing its quarterly earnings results before the market opens on Thursday, April 24th. Analysts expect Northeast Community Bancorp to post earnings of $0.74 per share for the quarter.

Northeast Community Bancorp (NASDAQ:NECB – Get Free Report) last released its earnings results on Wednesday, January 29th. The savings and loans company reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.02). Northeast Community Bancorp had a net margin of 29.36% and a return on equity of 15.96%. On average, analysts expect Northeast Community Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Northeast Community Bancorp Stock Up 0.4 %

Shares of NECB opened at $21.88 on Thursday. The company’s 50-day simple moving average is $22.79 and its 200-day simple moving average is $25.32. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.14 and a current ratio of 1.14. Northeast Community Bancorp has a 1 year low of $14.89 and a 1 year high of $31.72. The stock has a market capitalization of $306.82 million, a PE ratio of 6.11 and a beta of 0.42.

Northeast Community Bancorp Increases Dividend

Want More Great Investing Ideas?

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Monday, April 7th will be issued a dividend of $0.20 per share. The ex-dividend date is Monday, April 7th. This is a positive change from Northeast Community Bancorp’s previous quarterly dividend of $0.15. This represents a $0.80 dividend on an annualized basis and a yield of 3.66%. Northeast Community Bancorp’s dividend payout ratio is 22.35%.

Northeast Community Bancorp Company Profile

(Get Free Report)

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.