NorthEast Community Bancorp, Inc. reports recurring developments as the Nasdaq-listed parent holding company of NorthEast Community Bank, a community banking institution that gathers deposits and invests in mortgage and commercial loans. Company updates focus on quarterly and annual earnings, loan demand, asset quality, stockholders’ equity, and lending activity in commercial construction, New York City cooperative corporations, and multifamily properties in Eastern Massachusetts.
NECB news also covers capital-return actions, including quarterly and special cash dividends and common-stock repurchase programs, along with annual meeting announcements and other corporate governance updates tied to the bank holding company structure.
NorthEast Community Bancorp (Nasdaq: NECB) reported third-quarter 2026 net income of $10.7 million, down from the same quarter last year. Diluted earnings per share fell to $0.79 from $0.87, while quarterly net income previously totaled $11.9 million. Nine-month net income declined to $30.4 million, or $2.25 per diluted share, from $33.6 million, or $2.47 per diluted share.
Quarterly net interest income rose 0.6% to $26.1 million, but net interest margin narrowed to 5.09% from 5.38%. Non-interest results swung to a $185,000 loss from $1.0 million in income. Since December 31, 2025, net loans increased 8.6% to $2.0 billion and deposits grew 12.5% to $1.8 billion. Borrowings fell from $70.0 million to zero. At September 30, 2026, stockholders’ equity reached $370.7 million, up 5.4%, while loan-loss allowances remained $4.7 million. Third-quarter return on average assets was 2.00%, and the efficiency ratio was 41.50%.
NorthEast Community Bancorp (NECB) declared a quarterly cash dividend of $0.25 per common share.
The dividend is scheduled to be paid on or about November 13, 2026 to shareholders of record as of the close of business on October 9, 2026. The company is the holding company for NorthEast Community Bank, which operates eleven branch offices across New York and Massachusetts and three loan production offices.
NorthEast Community Bancorp (Nasdaq: NECB) reported net income of $9.8 million ($0.75 basic, $0.72 diluted) for Q2 2026 versus $11.2 million ($0.85 basic, $0.82 diluted) a year earlier, and $19.7 million ($1.50 basic, $1.46 diluted) for the first half of 2026 versus $21.7 million in 2025.
Q2 2026 return on average assets was 1.95%, return on average equity 10.81%, and the efficiency ratio 41.99%. Asset quality remained strong with no non-performing loans and non-performing assets at 0.00% of total assets. Construction loan commitments and loans-in-process rose about 38.9% year-over-year, with over $883 million unfunded, up 30.0% from December 31, 2025. Total assets grew 2.5% to $2.1 billion, net loans increased $59.4 million, total deposits declined 5.0% to $1.5 billion, and borrowings rose $120.0 million to $190.0 million.
NorthEast Community Bancorp (Nasdaq: NECB) declared a quarterly cash dividend of $0.25 per common share, a $0.05 increase. The dividend is payable on or about August 6, 2026 to shareholders of record on July 7, 2026. Management highlights dividends and stock repurchases as key elements of its long-term shareholder value strategy.
NorthEast Community Bancorp (Nasdaq: NECB) reported net income of $10.0 million for Q1 2026, or $0.76 per basic share and $0.74 diluted. Key balance-sheet moves: construction loan commitments +37.8% YoY with $819 million unfunded, total assets of $2.0 billion, and no non-performing assets at March 31, 2026.
Performance metrics: ROA 1.97%, ROE 11.13%, efficiency ratio 43.64%.
NorthEast Community Bancorp (Nasdaq: NECB) declared a quarterly cash dividend of $0.20 per common share. The dividend is payable on or about May 5, 2026 to shareholders of record at the close of business on April 6, 2026.
NorthEast Community Bancorp is the holding company for NorthEast Community Bank, operating eleven branches in New York and Massachusetts and three loan production offices.
NorthEast Community Bancorp (Nasdaq: NECB) announced that its 2026 annual meeting of stockholders will be held on Thursday, May 21, 2026. The announcement confirms the meeting date for shareholders; no additional meeting details or timing were provided.
NorthEast Community Bancorp (Nasdaq: NECB) reported net income of $10.8M for Q4 2025 and $44.4M for FY2025. Assets rose to $2.1B, stockholders' equity increased 10.5% to $351.7M, and non-performing assets were reduced to $0 at year-end.
Key balance sheet moves included $860.7M of loan originations, $70.0M of new borrowings, a 10.1% decline in certificates of deposit, and an allowance for credit losses on loans of $4.7M (0.25% of loans).
NorthEast Community Bancorp (Nasdaq: NECB) declared a quarterly cash dividend of $0.20 per common share. The dividend is payable on or about February 6, 2026 to shareholders of record at the close of business on January 5, 2026.
NorthEast Community Bancorp is the holding company for NorthEast Community Bank, which operates eleven branch offices across New York and Massachusetts and three loan production offices. Contact: Kenneth A. Martinek, Chairman and CEO, (914) 684-2500.
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.