NECB: Northeast Community Bancorp, Inc. - Summary | Jitta

Northeast Community Bancorp, Inc.

NASDAQ:NECB

Price
$24.28
Loss Chance
41.9%
6.71JITTA SCORE
49.75%Under Jitta Line
Jitta Ranking
78 / 322
148 / 701
315 / 4,228
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (55)
Recent Business Performance (40)
Financial Strength (93)
Return to Shareholders (75)
Competitive Advantage (70)
Jitta Signs
Revenue and EarningConsistent High Growth in the past 5 years
Dividend PayoutIncreasing Every Year
Share RepurchaseEvery Year
SG&A to SalesDecreasing
Total DepositConsistent Growth
Net Interest MarginHigh Efficiency
Recent Business PerformanceEarning decline 5.46% in the last year
Loan to DepositVery Aggressive
Key Stats
Jitta Score
Jitta Line
6.71
49.75%
6.39
296.03%
5.47
185.74%
Regional Banks
8.13
44.08%
7.19
30.19%
7.41
26.27%
COMPANY DESCRIPTION
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. The company also offers construction, commercial and industrial loans, multifamily and mixed-use real estate, non-residential real estate loans, and consumer loans. In addition, it invests in various types of liquid assets, including U.S. Treasury obligations, municipal securities, deposits at the Federal Home Loan Bank of New York, and certificates of deposit of federally insured institutions, as well as securities of various federal agencies, and state and municipal governments. Further, the company offers life insurance products and fixed rate annuities. It operates full-service branches located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York, Essex, Middlesex, and Norfolk Counties in Massachusetts; and loan production offices located in White Plains, New York; New City, New York; and Danvers, Massachusetts. Additionally, the company provides services such as personal loans and overdraft protection, and utilizes brokered, listing service, and military deposits, as well as borrowings, sources of funds, and retail deposit products. Northeast Community Bancorp, Inc. was founded in 1934 and is headquartered in White Plains, New York.