STOCK TITAN
  1. Home
  2. News
  3. NECB

NorthEast Community Bancorp Inc. - NECB STOCK NEWS

Welcome to our dedicated news page for NorthEast Community Bancorp (Ticker: NECB), a resource for investors and traders seeking the latest updates and insights on NorthEast Community Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect NorthEast Community Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of NorthEast Community Bancorp's position in the market.

News
NorthEast Community Bancorp, Inc. Announces Increased Quarterly Cash Dividend
Rhea-AI Summary
NorthEast Community Bancorp, Inc. (NECB) declares a quarterly cash dividend of $0.10 per common share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
dividends
-
News
NorthEast Community Bancorp, Inc. Announces Date of 2024 Annual Meeting of Stockholders
Rhea-AI Summary
NorthEast Community Bancorp, Inc. schedules annual stockholders meeting for May 23, 2024. Record date set for April 4, 2024. Proxy materials to be sent to stockholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
none
-
News
NorthEast Community Bancorp, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2023
Rhea-AI Summary
NorthEast Community Bancorp, Inc. (Nasdaq: NECB) reported strong financial results for the fourth quarter and year ended December 31, 2023, with net income increasing by 46.4% and 86.3% respectively. Total assets increased by 23.8% to $1.8 billion, and net interest income increased by 20.3% and 52.2% for the same periods. Loan originations during 2023 resulted in a net increase of $288.8 million in construction loans, contributing to the growth in the loan portfolio. However, the increase in assets was partially due to a decrease in cash and cash equivalents, and the company recorded credit loss expenses totaling $972,000 for the year ended December 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
Tags
earnings
News
NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend
Rhea-AI Summary
NorthEast Community Bancorp, Inc. (NECB) Declares Quarterly Cash Dividend of $0.06 per Common Share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
dividends
-
News
NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2023
Rhea-AI Summary
NorthEast Community Bancorp reports strong earnings for Q3 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
News
NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend
Rhea-AI Summary
NorthEast Community Bancorp declares quarterly cash dividend of $0.06 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.33%
Tags
dividends
News
NorthEast Community Bancorp, Inc. Reports Results for the Three and Six Months Ended June 30, 2023
Rhea-AI Summary
NorthEast Community Bancorp, Inc. (Nasdaq: NECB) reported a strong performance in Q2 2023, with net income increasing by 105.6% and 147.1% for the three and six months ended June 30, 2023 compared to the same periods in 2022. Loan portfolio performance drove the earnings growth, with net interest income increasing by 77.4% and 84.0% for the same periods, and total assets increasing by 13.4% to $1.6 billion. Cash and cash equivalents increased by 25.8% to $119.9 million, and total deposits increased by 17.3% to $1.3 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.53%
Tags
none
-
News
NorthEast Community Bancorp, Inc. Announces Quarterly Cash Dividend
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
dividends
-
News
NorthEast Community Bancorp, Inc. Announces Second Stock Repurchase Program
Rhea-AI Summary
NorthEast Community Bancorp, Inc. announces new stock repurchase program to acquire up to 1,509,218 shares
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.75%
Tags
buyback
News
NorthEast Community Bancorp, Inc. Reports Results for the Three Months and Year Ended March 31, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
none
Stock NECB logo
NorthEast Community Bancorp Inc.

Nasdaq:NECB

NECB Rankings

#3680 Ranked by Market Cap
#1257 Ranked by Stock Gains
#1225 Ranked by Dividends

NECB Stock Data

211.69M
12.02M
13.41%
42.61%
1.24%
Commercial Banking
Finance and Insurance
Link
United States
White Plains

About NECB

northeast community bancorp, inc. operates as the holding company for northeast community bank that provides various financial services to consumers and businesses. the company accepts deposit products, such as checking, money market, savings, and individual retirement accounts, as well as certificates of deposit. its loan products include multi-family, mixed-use, and real estate loans; commercial and industrial loans; construction loans; consumer loans; passbook, term, small business administration, and cooperative building loans; and revolving lines of credit. the company also offers various atm/debit, credit, and gift cards; and investment advisory and financial planning, direct and remote deposit, wire transfer, automated clearing house, credit card merchant, coin and currency, and cash management services, as well as internet, mobile, and telephone banking services. it operates three full-service branches in new york; three full-service branches in massachusetts; one full service