Financial Snapshot

Revenue
$119.5M
TTM
Gross Margin
Net Earnings
$48.96M
TTM
Current Assets
Current Liabilities
$20.21M
Q3 2024
Current Ratio
Total Assets
$1.968B
Q3 2024
Total Liabilities
$1.658B
Q3 2024
Book Value
$309.6M
Q3 2024
Cash
Q3 2024
P/E
8.313
Nov 29, 2024 EST
Free Cash Flow
$49.79M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $132.5M $72.00M $48.40M $48.98M
YoY Change 84.01% 48.75% -1.17%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Revenue $132.5M $72.00M $48.40M $48.98M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.219M $1.200M $1.100M $1.100M $920.0K $750.0K $820.0K $740.0K $710.0K $830.0K $760.0K $650.0K $590.0K $590.0K $570.0K $620.0K
YoY Change 1.58% 9.09% 0.0% 19.57% -8.54% 10.81% 4.23% -14.46% 9.21% 16.92% 10.17% 0.0% 3.51% -8.06% 5.08%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Interest Expense $35.30M $8.127M $5.101M $9.977M
YoY Change 334.32% 59.32% -48.87%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Pretax Income $64.74M $34.43M $15.57M $15.61M $16.93M $2.480M $1.540M -$4.820M $3.550M $2.770M -$5.430M $3.350M $21.29M $2.600M $3.560M $2.740M
YoY Change 88.04% 121.07% -0.24% -7.79% 61.04% -131.95% -235.77% 28.16% -151.01% -262.09% -84.26% 718.85% -26.97% 29.93% -44.98%
Income Tax $18.47M $9.586M $3.669M $3.282M $3.980M $790.0K $400.0K -$2.300M $1.200M $900.0K -$2.810M $1.180M $9.150M $1.050M $1.570M $1.170M
% Of Pretax Income 28.52% 27.84% 23.56% 21.02% 23.51% 31.85% 25.97% 33.8% 32.49% 35.22% 42.98% 40.38% 44.1% 42.7%
Net Earnings $46.28M $24.84M $11.91M $12.33M $12.95M $1.700M $1.140M -$2.510M $2.360M $1.870M -$2.620M $2.170M $12.14M $1.560M $1.990M $1.560M
YoY Change 86.27% 108.68% -3.44% -4.8% 49.12% -145.42% -206.36% 26.2% -171.37% -220.74% -82.13% 678.21% -21.61% 27.56% -34.73%
Net Earnings / Revenue 34.93% 34.5% 24.6% 25.17%
Basic Earnings Per Share $3.32 $1.61 $0.75 $0.76
Diluted Earnings Per Share $3.32 $1.58 $0.75 $0.76 $803.3K $104.7K $69.09K -$204.1K $189.4K $147.1K -$204.7K $169.9K $952.2K $122.5K $150.4K $117.9K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment $31.78M $30.17M $28.30M $23.70M $21.70M $11.70M $12.20M $12.90M $8.900M $6.800M $8.200M $4.400M $4.500M $11.10M $5.000M $5.500M
YoY Change 5.31% 6.62% 19.41% 9.22% -4.1% -5.43% 44.94% 30.88% -17.07% 86.36% -2.22% -59.46% 122.0% -9.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $18.10M $18.04M $19.90M $10.30M $10.00M
YoY Change 0.34% -9.34% 93.2% 3.0%
Other Assets $3.863M $3.700M $3.800M
YoY Change -2.63%
Total Long-Term Assets
YoY Change
Total Assets $1.764B $1.425B $1.225B $968.2M $955.2M $515.4M $458.2M $444.2M $489.3M $466.0M $527.3M $424.2M $343.9M $288.4M $238.8M $237.3M
YoY Change
Accounts Payable $13.56M $14.75M $13.50M $8.900M $8.500M $4.200M $3.900M $3.700M $5.200M $2.500M $1.800M $5.200M $5.600M $1.100M $700.0K $700.0K
YoY Change -8.11% 9.29% 51.69% 4.71% 7.69% 5.41% -28.85% 108.0% 38.89% -65.38% -7.14% 409.09% 57.14% 0.0%
Accrued Expenses $4.625M $2.363M $2.600M $3.100M $1.200M
YoY Change 95.73% -9.12% -16.13% 158.33%
Deferred Revenue
YoY Change
Short-Term Debt $50.00M $0.00 $200.0K $300.0K $500.0K $600.0K $0.00
YoY Change -100.0% -33.33% -40.0% -16.67%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $18.18M $17.12M $16.10M $12.00M $9.700M $4.200M $3.900M $3.700M $5.200M $2.500M $1.800M $5.200M $5.600M $1.100M $700.0K $700.0K
YoY Change 6.23% 6.32% 34.17% 23.71% 7.69% 5.41% -28.85% 108.0% 38.89% -65.38% -7.14% 409.09% 57.14% 0.0%
Long-Term Debt $571.0K $533.0K $500.0K $500.0K $400.0K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 7.13% 6.6% 0.0% 25.0%
Other Long-Term Liabilities $2.020M $2.369M $1.900M $2.300M $2.800M $3.300M $4.000M
YoY Change -14.73% 24.68% -17.39% -17.86% -17.5%
Total Long-Term Liabilities $2.591M $2.902M $2.400M $2.800M $3.200M $3.300M $4.000M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change -10.72% 20.92% -14.29% -12.5% -17.5%
Total Liabilities $1.485B $1.163B $973.7M $814.4M $813.1M $411.6M $354.1M $340.4M $382.2M $357.9M $419.8M $313.7M $235.1M $191.7M $195.7M $196.2M
YoY Change 27.67% 19.44% 19.56% 0.16% 16.24% 4.02% -10.94% 6.79% -14.75% 33.82% 33.43% 22.64% -2.04% -0.25%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004
Basic Shares Outstanding 13.93M 15.43M 15.85M 16.15M
Diluted Shares Outstanding 13.94M 15.73M 15.85M 16.15M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $407.02 Million

About NorthEast Community Bancorp, Inc./MD/

Northeast Community Bancorp, Inc. is a bank holding company, which offers a comprehensive line of banking products and services, including mobile banking, commercial real estate loans, commercial construction financing, lines of credit, and term loans. The company is headquartered in White Plains, New York and currently employs 135 full-time employees. The company went IPO on 2006-07-06. The Bank’s principal business consists of originating primarily construction loans and, to a lesser extent, commercial and industrial loans and multifamily and mixed-use residential real estate loans and non-residential real estate loans. The company offers personal loans, loans secured by savings accounts or certificates of deposit (share loans) or statement savings accounts, and overdraft protection for checking accounts. The company offers adjustable-rate mortgage loans secured by multifamily and mixed-use real estate. These loans are comprised primarily of loans on moderate income apartment buildings located in its lending territory and include loans on cooperative apartment buildings (in the New York area), and loans for Section 8 multifamily housing. The Bank offers investment advisory and financial planning services under Harbor West Financial Planning Wealth Management a division of the Company.

Industry: Savings Institutions, Not Federally Chartered Peers: ESSA Bancorp, Inc. FS Bancorp, Inc. OP Bancorp ONITY GROUP INC. Ponce Financial Group, Inc. Rocket Companies, Inc. TIMBERLAND BANCORP INC Territorial Bancorp Inc. Western New England Bancorp, Inc. William Penn Bancorporation