Northeast Community Bancorp

NECB

Market cap $249M

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Northeast Community Bancorp remains a 'strong buy' despite recent stock pullback and short-term deposit declines. NECB trades at a low P/E of 5.6 and below book value, offering significant value versus peers with superior asset quality. Short-term earnings and margin pressure stem from falling interest rates and concentration in variable-rate construction loans.

Northeast Community Bancorp specializes in construction financing in New York and Massachusetts. Recent deposit outflows have resulted in a declining net interest margin amid Fed rate cuts in late 2024, with further strain expected later in 2025 and into 2026. Against this backdrop, the shares are attractively valued relative to regional bank peers, warranting a Buy rating.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

WHITE PLAINS, N.Y., Sept. 18, 2025 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share.

WHITE PLAINS, N.Y., Aug. 21, 2025 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (NasdaqCM: NECB) announced today that its Board of Directors has declared a special cash dividend of $0.20 per share on its outstanding common stock.

Northeast Community Bancorp Beats Q2 EPS

Northeast Community Bancorp (NECB) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.97 per share a year ago.

WHITE PLAINS, N.Y., July 24, 2025 (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 $0.85 per basic share and $0.82 per diluted share, for the three months ended June 30, 2025 compared to 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.

Northeast Community Bancorp remains a 'strong buy' due to its attractive valuation and robust asset quality, despite recent mixed financial results. NECB shares are still incredibly cheap, trading at a P/E of 5.7, below industry peers, and boasting strong price-to-book and price-to-tangible-book ratios. Asset quality is excellent, with high returns on assets and equity, and minimal non-performing loans, outperforming comparable banks.