Strength Seen in Northeast Community Bancorp (NECB): Can Its 6.6% Jump Turn into More Strength? [Yahoo! Finance]
NorthEast Community Bancorp, Inc. (NECB)
US:NASDAQ Investor Relations:
necommunitybank.com/aboutus/investorrelations.aspx
Company Research
Source: Yahoo! Finance
This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 17% gain over the past four weeks. Shares of Northeast Community Bancorp rallied for the third consecutive trading session and touched a new 52-week of $27.42 on Friday. The banking sector is in the spotlight driven by the clarity on the Federal Reserve's monetary policy. With the central bank cutting interest rates, loan demand will improve. Further, deposit/funding costs are expected to come down gradually. These favorable developments are leading to positive investor sentiments. Hence, this drove the NECB stock higher. This bank holding company is expected to post quarterly earnings of $0.91 per share in its upcoming report, which represents a year-over-year change of +13.8%. Revenues are expected to be $26.53 million, up 4.7% from the year-ago quarter. Earnings and revenue growth expectations certainly give a good sense of the po
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News
- NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2024 [Yahoo! Finance]Yahoo! Finance
- 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
- 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