Northeast Cmnty Bancorp Inc Financials

NECB

Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Northeast Cmnty Bancorp Inc (NECB) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Profile 62/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Growth

Northeast Cmnty Bancorp Inc's revenue surged 20.8% year-over-year to $160.0M, reflecting rapid business expansion. This strong growth earns a score of 88/100.

Leverage

Northeast Cmnty Bancorp Inc has elevated debt relative to equity (D/E of 5.31), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Cash Flow

100

Northeast Cmnty Bancorp Inc converts 30.1% of revenue into free cash flow ($48.2M). This strong cash generation earns a score of 100/100.

Returns

Northeast Cmnty Bancorp Inc's ROE of 14.8% shows moderate profitability relative to equity, earning a score of 59/100. This is down from 16.6% the prior year.

Piotroski F-Score Neutral

6/9

Northeast Cmnty Bancorp Inc passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 2 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.03x

For every $1 of reported earnings, Northeast Cmnty Bancorp Inc generates $1.03 in operating cash flow ($48.7M OCF vs $47.1M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Revenue

$160.0M

YoY+20.8%

Northeast Cmnty Bancorp Inc generated $160.0M in revenue in fiscal year 2024. This represents an increase of 20.8% from the prior year.

EBITDA

N/A

Free Cash Flow

$48.2M

YoY+14.1%

Northeast Cmnty Bancorp Inc generated $48.2M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 14.1% from the prior year.

Net Income

$47.1M

YoY+1.7%

Northeast Cmnty Bancorp Inc reported $47.1M in net income in fiscal year 2024. This represents an increase of 1.7% from the prior year.

EPS (Diluted)

$3.52

YoY+6.0%

Northeast Cmnty Bancorp Inc earned $3.52 per diluted share (EPS) in fiscal year 2024. This represents an increase of 6.0% from the prior year.

Cash & Debt

$78.3M

YoY+14.0%

Northeast Cmnty Bancorp Inc held $78.3M in cash against $0 in long-term debt as of fiscal year 2024.

Dividends Per Share

$0.65

YoY+170.8%

Northeast Cmnty Bancorp Inc paid $0.65 per share in dividends in fiscal year 2024. This represents an increase of 170.8% from the prior year.

Shares Outstanding

14M

YoY-0.9%

Northeast Cmnty Bancorp Inc had 14M shares outstanding in fiscal year 2024. This represents a decrease of 0.9% from the prior year.

Gross Margin

N/A

Operating Margin

N/A

Net Margin

29.4%

YoY-5.5pp

Northeast Cmnty Bancorp Inc's net profit margin was 29.4% in fiscal year 2024, showing the share of revenue converted to profit. This is down 5.5 percentage points from the prior year.

Return on Equity

14.8%

YoY-1.8pp

Northeast Cmnty Bancorp Inc's ROE was 14.8% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 1.8 percentage points from the prior year.

R&D Spending

N/A

Share Buybacks

$3.2M

YoY-88.9%

Northeast Cmnty Bancorp Inc spent $3.2M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 88.9% from the prior year.

Capital Expenditures

$517K

YoY-17.4%

Northeast Cmnty Bancorp Inc invested $517K in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 17.4% from the prior year.

NECB Income Statement

Metric	FY24	FY23	FY22	FY21	FY20
Revenue	$160.0M+20.8%	$132.5M+84.0%	$72.0M+48.8%	$48.4M-1.2%	$49.0M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A
Interest Expense	$57.2M+62.1%	$35.3M+334.3%	$8.1M+59.3%	$5.1M-48.9%	$10.0M
Income Tax	$18.7M+1.3%	$18.5M+92.6%	$9.6M+161.3%	$3.7M+11.8%	$3.3M
Net Income	$47.1M+1.7%	$46.3M+86.3%	$24.8M+108.7%	$11.9M-3.4%	$12.3M
EPS (Diluted)	$3.52+6.0%	$3.32+110.1%	$1.58+110.7%	$0.75-1.3%	$0.76

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	$39.3M+3.3%	$38.0M-0.4%	$38.2M-5.6%	$40.5M+0.6%	$40.2M+5.6%	$38.1M+2.7%	$37.1M+5.7%	$35.1M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$13.3M+2.9%	$13.0M-7.0%	$13.9M-8.1%	$15.2M+8.3%	$14.0M+6.7%	$13.1M+10.2%	$11.9M+19.1%	$10.0M
Income Tax	$4.7M+11.4%	$4.3M+4.4%	$4.1M-4.8%	$4.3M-12.3%	$4.9M+5.0%	$4.7M-8.0%	$5.1M+13.9%	$4.4M
Net Income	$11.9M+6.2%	$11.2M+5.7%	$10.6M+3.4%	$10.2M-20.2%	$12.8M+12.5%	$11.4M-6.0%	$12.1M+2.2%	$11.8M
EPS (Diluted)	$0.87+6.1%	$0.82+5.1%	$0.78+5.4%	$0.74-23.7%	$0.97+12.8%	$0.86-14.0%	$1.00+25.0%	$0.80

NECB Balance Sheet

Metric	FY24	FY23	FY22	FY21	FY20
Total Assets	$2.0B+13.9%	$1.8B+23.8%	$1.4B+16.3%	$1.2B+26.5%	$968.2M
Current Assets	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$78.3M+14.0%	$68.7M-27.9%	$95.3M-37.4%	$152.3M+120.1%	$69.2M
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	$0-100.0%	$200K-69.3%	$651K0.0%	$651K
Total Liabilities	$1.7B+13.9%	$1.5B+27.7%	$1.2B+19.4%	$973.7M+19.6%	$814.4M
Current Liabilities	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	$64.0M+204.8%	$21.0M	N/A	N/A
Total Equity	$318.3M+14.0%	$279.3M+6.6%	$262.0M+4.2%	$251.4M+63.4%	$153.8M
Retained Earnings	$214.0M+21.9%	$175.5M+32.3%	$132.7M+16.0%	$114.3M+8.6%	$105.3M

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Total Assets	$2.1B+4.2%	$2.0B+2.1%	$1.9B-3.8%	$2.0B+4.1%	$1.9B+3.4%	$1.9B+5.8%	$1.8B+2.6%	$1.7B
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$64.3M+8.4%	$59.4M-33.6%	$89.5M+14.3%	$78.3M-31.3%	$113.9M+6.0%	$107.4M+56.5%	$68.7M-35.7%	$106.7M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$200K
Total Liabilities	$1.7B+4.6%	$1.6B+1.9%	$1.6B-5.0%	$1.7B+3.7%	$1.6B+3.3%	$1.6B+6.3%	$1.5B+2.6%	$1.4B
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	$170.0M+25.9%	$135.0M	N/A	$7.0M-85.1%	$47.0M0.0%	$47.0M-26.6%	$64.0M0.0%	$64.0M
Total Equity	$344.0M+2.2%	$336.7M+2.9%	$327.2M+2.8%	$318.3M+6.1%	$300.0M+3.8%	$288.9M+3.4%	$279.3M+2.5%	$272.4M
Retained Earnings	$236.8M+2.8%	$230.3M+3.8%	$221.9M+3.7%	$214.0M+8.6%	$197.0M+6.2%	$185.5M+5.7%	$175.5M+6.9%	$164.2M

NECB Cash Flow Statement

Metric	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$48.7M+13.7%	$42.8M+55.5%	$27.5M+27.8%	$21.6M+37.6%	$15.7M
Capital Expenditures	$517K-17.4%	$626K-81.1%	$3.3M-48.8%	$6.5M+411.2%	$1.3M
Free Cash Flow	$48.2M+14.1%	$42.2M+74.2%	$24.2M+60.4%	$15.1M+4.9%	$14.4M
Investing Cash Flow	-$234.0M+34.6%	-$357.8M-39.5%	-$256.6M-43.5%	-$178.9M-148.0%	-$72.1M
Financing Cash Flow	$194.9M-32.4%	$288.4M+67.6%	$172.1M-28.4%	$240.4M+11935.8%	-$2.0M
Dividends Paid	$7.9M+115.3%	$3.7M-46.8%	$6.9M+203.8%	$2.3M+124.3%	$1.0M
Share Buybacks	$3.2M-88.9%	$28.7M+208.1%	$9.3M	N/A	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Operating Cash Flow	$14.1M-10.1%	$15.6M+42.8%	$10.9M+6.9%	$10.2M-8.0%	$11.1M-13.8%	$12.9M+7.8%	$12.0M-7.4%	$12.9M
Capital Expenditures	$442K-41.1%	$751K+96.6%	$382K+172.9%	$140K+5.3%	$133K+95.6%	$68K-72.4%	$246K+50.9%	$163K
Free Cash Flow	$13.6M-8.5%	$14.9M+40.8%	$10.6M+4.6%	$10.1M-8.1%	$11.0M-14.4%	$12.8M+9.5%	$11.7M-8.1%	$12.8M
Investing Cash Flow	-$77.8M-9.3%	-$71.2M-182.7%	$86.0M+245.1%	-$59.3M-10.9%	-$53.5M+20.6%	-$67.3M+13.4%	-$77.7M+33.2%	-$116.4M
Financing Cash Flow	$68.7M+169.9%	$25.5M+129.7%	-$85.8M-390.5%	$29.5M-39.5%	$48.8M-47.7%	$93.2M+236.2%	$27.7M-69.3%	$90.3M
Dividends Paid	$5.4M+100.0%	$2.7M+27.6%	$2.1M-50.0%	$4.2M+216.2%	$1.3M+56.7%	$849K-2.1%	$867K+5.2%	$824K
Share Buybacks	N/A	N/A	N/A	$726K-40.6%	$1.2M-2.2%	$1.3M-76.5%	$5.3M-40.5%	$8.9M

NECB Financial Ratios

Metric	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A
Net Margin	29.4%-5.5pp	34.9%+0.4pp	34.5%+9.9pp	24.6%-0.6pp	25.2%
Return on Equity	14.8%-1.8pp	16.6%+7.1pp	9.5%+4.7pp	4.7%-3.3pp	8.0%
Return on Assets	2.3%-0.3pp	2.6%+0.9pp	1.7%+0.8pp	1.0%-0.3pp	1.3%
Current Ratio	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	5.31+5.1	0.23+0.1	0.08-3.8	3.87-1.4	5.29
FCF Margin	30.1%-1.8pp	31.9%-1.8pp	33.7%+2.5pp	31.2%+1.8pp	29.4%

Metric	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	30.2%+0.8pp	29.4%+1.7pp	27.7%+2.4pp	25.2%-6.6pp	31.8%+2.0pp	29.8%-2.8pp	32.6%-1.1pp	33.7%
Return on Equity	3.5%+0.1pp	3.3%+0.1pp	3.2%+0.0pp	3.2%-1.1pp	4.3%+0.3pp	3.9%-0.4pp	4.3%-0.0pp	4.3%
Return on Assets	0.6%0.0pp	0.6%+0.0pp	0.5%+0.0pp	0.5%-0.1pp	0.7%+0.0pp	0.6%-0.1pp	0.7%0.0pp	0.7%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	0.49+0.1	0.40-4.5	4.91-0.4	5.31+5.2	0.160.0	0.16-0.1	0.230.0	0.23
FCF Margin	34.6%-4.5pp	39.1%+11.5pp	27.6%+2.7pp	24.9%-2.4pp	27.3%-6.4pp	33.7%+2.1pp	31.6%-4.7pp	36.3%

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Frequently Asked Questions

What is Northeast Cmnty Bancorp Inc's annual revenue?

Northeast Cmnty Bancorp Inc (NECB) reported $160.0M in total revenue for fiscal year 2024. This represents a 20.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Northeast Cmnty Bancorp Inc's revenue growing?

Northeast Cmnty Bancorp Inc (NECB) revenue grew by 20.8% year-over-year, from $132.5M to $160.0M in fiscal year 2024.

Is Northeast Cmnty Bancorp Inc profitable?

Yes, Northeast Cmnty Bancorp Inc (NECB) reported a net income of $47.1M in fiscal year 2024, with a net profit margin of 29.4%.

What is Northeast Cmnty Bancorp Inc's earnings per share (EPS)?

Northeast Cmnty Bancorp Inc (NECB) reported diluted earnings per share of $3.52 for fiscal year 2024. This represents a 6.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Northeast Cmnty Bancorp Inc's net profit margin?

Northeast Cmnty Bancorp Inc (NECB) had a net profit margin of 29.4% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Northeast Cmnty Bancorp Inc pay dividends?

Yes, Northeast Cmnty Bancorp Inc (NECB) paid $0.65 per share in dividends during fiscal year 2024.

What is Northeast Cmnty Bancorp Inc's return on equity (ROE)?

Northeast Cmnty Bancorp Inc (NECB) has a return on equity of 14.8% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is Northeast Cmnty Bancorp Inc's free cash flow?

Northeast Cmnty Bancorp Inc (NECB) generated $48.2M in free cash flow during fiscal year 2024. This represents a 14.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Northeast Cmnty Bancorp Inc's operating cash flow?

Northeast Cmnty Bancorp Inc (NECB) generated $48.7M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Northeast Cmnty Bancorp Inc's total assets?

Northeast Cmnty Bancorp Inc (NECB) had $2.0B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Northeast Cmnty Bancorp Inc's capital expenditures?

Northeast Cmnty Bancorp Inc (NECB) invested $517K in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

Does Northeast Cmnty Bancorp Inc buy back shares?

Yes, Northeast Cmnty Bancorp Inc (NECB) spent $3.2M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does Northeast Cmnty Bancorp Inc have outstanding?

Northeast Cmnty Bancorp Inc (NECB) had 14M shares outstanding as of fiscal year 2024.

What is Northeast Cmnty Bancorp Inc's debt-to-equity ratio?

Northeast Cmnty Bancorp Inc (NECB) had a debt-to-equity ratio of 5.31 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Northeast Cmnty Bancorp Inc's return on assets (ROA)?

Northeast Cmnty Bancorp Inc (NECB) had a return on assets of 2.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Northeast Cmnty Bancorp Inc's Piotroski F-Score?

Northeast Cmnty Bancorp Inc (NECB) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Northeast Cmnty Bancorp Inc's earnings high quality?

Northeast Cmnty Bancorp Inc (NECB) has an earnings quality ratio of 1.03x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Northeast Cmnty Bancorp Inc?

Northeast Cmnty Bancorp Inc (NECB) scores 62 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.