Northeast Cmnty Bancorp Inc Stock Price, News & Analysis

NorthEast Community Bancorp (Nasdaq: NECB) announced its third stock repurchase program on December 8, 2025, authorizing the repurchase of up to 1,400,435 shares, representing 10% of currently issued and outstanding common stock.

The company noted its second program (announced May 30, 2023) authorized 1,509,218 shares, of which 1,091,174 shares were repurchased at an average cost of $15.78 per share prior to expiration. The new program allows purchases in open market or privately negotiated transactions and contemplates a Rule 10b5-1 trading plan. Timing and actual repurchases will depend on price, regulatory and corporate requirements, market conditions, and liquidity priorities; the program is discretionary and may be modified or discontinued.

NorthEast Community Bancorp (Nasdaq: NECB) reported net income of $11.9M ($0.90 basic) for Q3 2025 and $33.6M ($2.54 basic) for the nine months ended September 30, 2025.

Key metrics: Q3 ROA 2.35%, ROAE 13.84%, efficiency ratio 38.40%; total assets $2.1B; loans, net +$61.2M (3.4%); originated loans $714.3M YTD; no non-performing loans; allowance for loan losses $4.7M (0.25% of loans).

Balance sheet moves: deposits down $155.0M (9.3%), certificates of deposit down $198.7M, borrowings increased to $170.0M, equity up $25.7M (8.1%). Net interest margin declined by 30 bps.

NorthEast Community Bancorp (NASDAQ: NECB) has declared a quarterly cash dividend of $0.20 per common share. The dividend will be paid on November 7, 2025 to shareholders of record as of October 3, 2025.

The company operates through eleven branch offices across New York and Massachusetts counties, including locations in Bronx, Orange, Rockland, Sullivan, Essex, Middlesex, and Norfolk. Additionally, NECB maintains three loan production offices in New City, White Plains, and Danvers.

NorthEast Community Bancorp (NASDAQ:NECB) has declared a special cash dividend of $0.20 per share on its outstanding common stock. The dividend will be paid on October 6, 2025, to shareholders of record as of September 8, 2025.

The company operates through eleven branch offices across New York and Massachusetts counties, along with three loan production offices. Chairman and CEO Kenneth A. Martinek emphasized that this special dividend reflects their ongoing commitment to enhancing shareholder value.

NorthEast Community Bancorp (Nasdaq: NECB) reported Q2 2025 financial results, with net income of $11.2 million ($0.85 per basic share), down from $12.8 million in Q2 2024. For H1 2025, net income was $21.7 million ($1.65 per basic share), compared to $24.2 million in H1 2024.

Key performance metrics remained strong with 2.27% return on assets, 13.37% return on equity, and a 40.52% efficiency ratio for Q2 2025. Total assets decreased 1.8% to $2.0 billion, while stockholders' equity increased 5.8% to $336.7 million. The bank maintained strong asset quality with zero non-performing loans and a 0.04% non-performing assets ratio.

Notable changes included a $191.2 million decrease in deposits, offset by $135.0 million in new borrowings, reflecting management's strategy to diversify funding sources. The loan portfolio saw shifts with decreases in construction loans balanced by increases in multi-family and cooperative building loans.

NorthEast Community Bancorp (NASDAQ: NECB) has declared a quarterly cash dividend of $0.20 per common share, payable on August 6, 2025, to shareholders of record as of July 7, 2025. The company operates through eleven branch offices across New York (Bronx, Orange, Rockland, and Sullivan Counties) and Massachusetts (Essex, Middlesex, and Norfolk Counties), along with three loan production offices in New City, White Plains, and Danvers. NorthEast Community Bancorp serves as the holding company for NorthEast Community Bank, headquartered in White Plains, New York.

NorthEast Community Bancorp (NECB) reported net income of $10.6 million ($0.80 per basic share) for Q1 2025, down from $11.4 million ($0.87 per basic share) in Q1 2024. The bank maintained strong performance metrics with a 2.12% return on assets and 12.98% return on equity.

Key financial highlights include: Total assets decreased 3.8% to $1.9 billion, net loans decreased 4.8% to $1.7 billion, and deposits decreased 5.1% to $1.6 billion. The bank originated $170.1 million in new loans during Q1 2025, primarily in construction and multi-family segments. Asset quality remained robust with no non-performing loans and a 0.26% non-performing assets ratio.

Total stockholders' equity increased 2.8% to $327.2 million. Net interest income decreased 2.9% to $24.3 million, while the net interest margin declined to 5.11% from 5.75% year-over-year. The allowance for credit losses was $5.1 million, representing 0.30% of total loans.

NorthEast Community Bancorp (Nasdaq: NECB) has announced an increased quarterly cash dividend of $0.20 per common share, payable on May 6, 2025, to shareholders of record as of April 7, 2025.

The company operates through eleven branch offices across New York (Bronx, Orange, Rockland, and Sullivan Counties) and Massachusetts (Essex, Middlesex, and Norfolk Counties), along with three loan production offices in New City, White Plains, and Danvers.

Chairman and CEO Kenneth A. Martinek emphasized that the dividend increase reflects their ongoing commitment to enhancing shareholder value.

NorthEast Community Bancorp (Nasdaq: NECB) has announced that its 2025 annual meeting of stockholders will be held on Thursday, May 22, 2025. The announcement comes from the holding company of NorthEast Community Bank, based in White Plains, New York.