Northeast Community Bancorp (NECB) to Release Earnings on Monday

Northeast Community Bancorp (NASDAQ:NECB - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Monday, April 21st. Analysts expect the company to announce earnings of $0.77 per share and revenue of $25.49 million for the quarter.

Northeast Community Bancorp (NASDAQ:NECB - Get Free Report) last issued its quarterly earnings data on Monday, April 21st. The savings and loans company reported $0.78 EPS for the quarter, topping the consensus estimate of $0.77 by $0.01. Northeast Community Bancorp had a return on equity of 15.96% and a net margin of 29.36%. The firm had revenue of $25.26 million during the quarter, compared to the consensus estimate of $25.49 million. On average, analysts expect Northeast Community Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Northeast Community Bancorp Stock Performance

NECB stock traded up $0.46 during midday trading on Tuesday, hitting $21.78. The company's stock had a trading volume of 38,799 shares, compared to its average volume of 58,420. Northeast Community Bancorp has a 1 year low of $15.31 and a 1 year high of $31.72. The stock's 50-day moving average price is $22.58 and its 200 day moving average price is $25.24. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.02. The stock has a market cap of $305.42 million, a price-to-earnings ratio of 6.08 and a beta of 0.42.

Northeast Community Bancorp Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 6th. Investors of record on Monday, April 7th will be issued a dividend of $0.20 per share. This is a boost from Northeast Community Bancorp's previous quarterly dividend of $0.15. The ex-dividend date of this dividend is Monday, April 7th. This represents a $0.80 dividend on an annualized basis and a yield of 3.67%. Northeast Community Bancorp's dividend payout ratio is 22.35%.

Northeast Community Bancorp Company Profile

Northeast Community Bancorp, Inc operates as the holding company for NorthEast Community Bank that provides financial services for individuals and businesses. It accepts various deposit instruments, including checking accounts, money market accounts, regular savings accounts, and non-interest bearing demand accounts, as well as certificates of deposits.