NorthEast Community Bancorp, Inc. Announces Date of 2026 Annual Meeting of Stockholders
Rhea-AI Summary
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.
Positive
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Negative
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News Market Reaction – NECB
On the day this news was published, NECB declined 1.17%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
NECB slipped 1.17% while key regional bank peers were mixed: PKBK 0.18, FRST 0.58, FDBC -0.33, JMSB 0.46, TSBK 0.28. Moves do not indicate a unified sector trend.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jan 28 | Earnings release | Positive | +2.8% | Reported Q4 and FY2025 net income growth with zero non-performing assets. |
| Dec 18 | Dividend declaration | Positive | +1.4% | Declared $0.20 per share quarterly cash dividend payable in early 2026. |
| Dec 08 | Share repurchase | Positive | -0.2% | Announced third stock repurchase program for up to 1,400,435 shares. |
| Oct 23 | Earnings release | Neutral | -1.3% | Q3 2025 results with strong ROA/ROAE but deposit declines and margin pressure. |
| Sep 18 | Dividend declaration | Positive | +2.3% | Declared $0.20 per share quarterly dividend payable November 7, 2025. |
Recent NECB news, especially dividends and earnings, has generally seen price moves aligned with the underlying positive fundamentals, with only the buyback announcement showing a mild divergence.
Over the past several months, NorthEast Community Bancorp has focused on shareholder returns and steady fundamentals. Earnings reports on Oct 23, 2025 and Jan 28, 2026 highlighted net income growth, zero non‑performing assets, and equity expansion to $351.7M. The company announced recurring quarterly dividends of $0.20 per share and a third repurchase program authorizing up to 1,400,435 shares. Against this backdrop, today’s annual meeting date announcement fits as routine corporate governance alongside an ongoing capital return story.
Market Pulse Summary
This announcement simply sets the 2026 annual meeting of stockholders for May 21, 2026, a routine governance step for NorthEast Community Bancorp. In context, the company has recently emphasized shareholder returns through recurring $0.20 dividends and a new repurchase program authorizing up to 1,400,435 shares, alongside solid credit quality with non‑performing assets at $0. Investors may focus on how upcoming proxy materials and future earnings updates align with this broader capital return and balance sheet trajectory.
AI-generated analysis. Not financial advice.
WHITE PLAINS, N.Y., Feb. 19, 2026 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the holding company for NorthEast Community Bank, today announced that its annual meeting of stockholders will be held on Thursday, May 21, 2026.
About NorthEast Community Bancorp
NorthEast Community Bancorp, headquartered at 325 Hamilton Avenue, White Plains, New York 10601, is the holding company for NorthEast Community Bank, which conducts business through its eleven branch offices located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York and Essex, Middlesex, and Norfolk Counties in Massachusetts and three loan production offices located in New City, New York, White Plains, New York, and Danvers, Massachusetts. For more information about NorthEast Community Bancorp and NorthEast Community Bank, please visit www.necb.com.
Forward Looking Statement
This press release contains certain forward-looking statements. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include, but are not limited to, changes in market interest rates, regional and national economic conditions (including higher inflation and its impact on regional and national economic conditions), the effect of the COVID-19 pandemic (including its impact on NorthEast Community Bank’s business operations and credit quality, on our customers and their ability to repay their loan obligations and on general economic and financial market conditions), legislative and regulatory changes, monetary and fiscal policies of the United States government, including policies of the United States Treasury and the Federal Reserve Board, the quality and composition of the loan or investment portfolios, demand for loan products, deposit flows, competition, demand for financial services in NorthEast Community Bank’s market area, changes in the real estate market values in NorthEast Community Bank’s market area and changes in relevant accounting principles and guidelines. Additionally, other risks and uncertainties may be described in our annual and quarterly reports filed with the U.S. Securities and Exchange Commission (the “SEC”), which are available through the SEC’s website located at www.sec.gov. These risks and uncertainties should be considered in evaluating any forward-looking statements and undue reliance should not be placed on such statements. Except as required by applicable law or regulation, the Company does not undertake, and specifically disclaims any obligation, to release publicly the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of the statements or to reflect the occurrence of anticipated or unanticipated events.
| CONTACT: | Kenneth A. Martinek |
| Chairman and Chief Executive Officer | |
| PHONE: | (914) 684-2500 |
FAQ
When is NorthEast Community Bancorp's (NECB) 2026 annual meeting of stockholders?
Where will NorthEast Community Bancorp (NECB) hold its May 21, 2026 annual meeting?
How can NECB shareholders obtain the proxy materials for the May 21, 2026 annual meeting?
Will NorthEast Community Bancorp (NECB) hold a virtual or in-person annual meeting on May 21, 2026?
What should NECB shareholders do to vote for the May 21, 2026 annual meeting?
Who is hosting the NorthEast Community Bancorp (NECB) annual meeting on May 21, 2026?
