NorthEast Community Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2024
NorthEast Community Bancorp, Inc. (NECB)
US:NASDAQ Investor Relations:
necommunitybank.com/aboutus/investorrelations.aspx
Company Research
Source: GlobeNewswire
WHITE PLAINS, N.Y., July 22, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), generated net income of $12.8 million, or $0.98 per basic share and $0.97 per diluted share, for the three months ended June 30, 2024 compared to net income of $11.1 million, or $0.75 per basic and diluted share, for the three months ended June 30, 2023. In addition, the Company generated net income of $24.2 million, or $1.84 per basic share and $1.83 per diluted share, for the six months ended June 30, 2024 compared to net income of $22.3 million, or $1.56 per basic and diluted share, for the six months ended June 30, 2023. Kenneth A. Martinek, 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, l
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News
- NorthEast Community Bancorp Hikes Quarterly Cash Dividend by 50% [Yahoo! Finance]Yahoo! Finance
- NorthEast Community Bancorp, Inc. Announces Increase in Quarterly Cash Dividend and Special Cash DividendGlobeNewswire
- Northeast Community Bancorp Inc. (NECB) Hits Fresh High: Is There Still Room to Run? [Yahoo! Finance]Yahoo! Finance
- Northeast Community Bancorp (NECB) Beats Q2 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- NorthEast Community Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2024 [Yahoo! Finance]Yahoo! Finance
NECB
Earnings
- 7/22/24 - Beat
NECB
Sec Filings
- 9/20/24 - Form 8-K
- 8/9/24 - Form 10-Q
- 7/24/24 - Form 8-K
- NECB's page on the SEC website