$26.430
+0.061 (+0.23%)At close
NECB News
NECB Events
NorthEast Community Bancorp Declares $0.25 Dividend per Share
NorthEast Community Bancorp announced that its Board of Directors has declared a quarterly cash dividend of 25c per common share. The dividend will be paid on or about August 6 to shareholders of record as of the close of business on July 7.
Company Reports Q4 CET1 Capital Ratio at 15.36%
Reports Q4 CET1 capital ratio 15.36%. Reports Q4 net charge-offs .01%. Kenneth Martinek, chairman of the board and CEO, stated "We are once again pleased to be able to report continued strong performance throughout our entire loan portfolio, with continuing focus on construction lending in high demand, high absorption sub-markets. Loan demand remains strong with outstanding unfunded commitments exceeding $680 million at December 31, 2025."
NorthEast Community Authorizes Buyback of 1,400,435 Shares
NorthEast Community announced that the company's board of directors has authorized a third stock repurchase program to acquire up to 1,400,435 shares, or 10%, of the company's currently issued and outstanding common stock.
NorthEast Community announces September quarter EPS of 87 cents, down from 95 cents last year.
Kenneth Martinek, Chairman of the Board and Chief Executive Officer, stated "We are once again pleased to be able to report continued strong performance throughout our entire loan portfolio, with continuing focus on construction lending in high demand, high absorption sub-markets. Loan demand remains strong with outstanding unfunded commitments exceeding $645 million at September 30, 2025."
NorthEast Community reports March quarter EPS 78c vs. 86c last year
Kenneth Martinek, Chairman of the Board and CEO, stated, "We are, once again, pleased to report another quarter of strong earnings due to the excellent performance of our loan portfolio. Despite the challenging economic operating environment thus far in 2025, loan demand is strong with originations and outstanding commitments robust and increasing. As in the past, construction lending in high demand-high absorption areas continues to be our focus."
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