Headquartered in White Plains, NY Fiscal year ends December NASDAQ: NECB necb.com
NorthEast Community Bancorp, Inc. is the holding company for NorthEast Community Bank, a community bank that operates eleven branch offices across New York (Bronx, Orange, Rockland, and Sullivan Counties) and Massachusetts (Essex, Middlesex, and Norfolk Counties), along with three loan production offices. The company specializes in construction lending, which dominates its loan portfolio at over $1.4 billion, focusing on high-demand submarkets in the New York metropolitan area. The bank also provides multi-family loans, commercial and industrial loans, non-residential real estate loans, and traditional deposit products. With total assets of approximately $2.1 billion, the company maintains a highly concentrated business model centered on construction finance in select suburban and urban markets, supported by a strong capital base with a stockholders' equity-to-assets ratio exceeding 17%. Updated
Four dividend stocks have ex-dividend deadlines in the next 48 hours, and one of them stops qualifying at today's close. Yields, earnings coverage, and a few red flags worth knowing before the…
NorthEast Community Bancorp, Inc. is the holding company for NorthEast Community Bank, a community bank that operates eleven branch offices across New York (Bronx, Orange, Rockland, and Sullivan Counties) and Massachusetts (Essex, Middlesex, and Norfolk Counties), along with three loan production offices.
The Wall Street consensus 12-month price target for NECB is $29.75.
