NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2024 [Yahoo! Finance]
NorthEast Community Bancorp, Inc. (NECB)
US:NASDAQ Investor Relations:
necommunitybank.com/aboutus/investorrelations.aspx
Company Research
Source: Yahoo! Finance
of NorthEast Community Bank (the “Bank”), generated net income of $12.7 million, or $0.97 per basic share and $0.95 per diluted share, for the three months ended September 30, 2024 compared to net income of $11.8 million, or $0.80 per basic and diluted share, for the three months ended September 30, 2023. In addition, the Company generated net income of $36.9 million, or $2.81 per basic share and $2.78 per diluted share, for the nine months ended September 30, 2024 compared to net income of $34.2 million, or $2.42 per basic share and $2.41 per diluted share, for the nine months ended September 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 challenging high interest rate environment during 2023 that continued into most of 2024, offset by a reduction in interest rates towards the end of the third quarter of 2024, loan
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News
- NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2024GlobeNewswire
- Northeast Community Bancorp (NECB) to Report Q3 Results: Wall Street Expects Earnings Growth [Yahoo! Finance]Yahoo! Finance
- Strength Seen in Northeast Community Bancorp (NECB): Can Its 6.6% Jump Turn into More Strength? [Yahoo! Finance]Yahoo! Finance
- Investing in Northeast Community Bancorp (NASDAQ:NECB) five years ago would have delivered you a 232% gain [Yahoo! Finance]Yahoo! Finance
- NorthEast Community Bancorp Hikes Quarterly Cash Dividend by 50% [Yahoo! Finance]Yahoo! Finance
NECB
Earnings
- 10/28/24 - Beat
NECB
Sec Filings
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- 11/20/24 - Form 4
- NECB's page on the SEC website