NorthEast Community Bancorp
Runs a community bank centered on construction lending, deposits, and business banking.
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Profile
Operates NorthEast Community Bank, serving New York and Massachusetts with construction lending, real estate loans, deposit accounts, and business banking. The business is reported as one segment and depends on local deposits, borrower relationships, and a loan book weighted toward construction.
Operates through NorthEast Community Bank, a New York State-chartered savings bank that provides construction loans, commercial real estate credit, commercial and industrial loans, deposit accounts, and business banking services. Its customer-facing services include checking, money market, savings, certificates of deposit, cash management, remote deposit, ACH, and sweep accounts.
The footprint is concentrated in New York and Massachusetts, with branches in several county markets and loan-production offices in White Plains, New City, and Danvers. Deposits are drawn mainly from people and businesses tied to those branch communities and lending relationships.
Reporting is organized as one segment, tying the issuer to a focused community-bank model rather than a diversified financial-services platform. The loan book is weighted toward construction lending, and competition comes from larger banks, credit unions, brokerage firms, and other savings alternatives.
Company facts
Categories
Key statistics
Year to date +16.0% · Average volume (30d) 43.9K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Jul 24, 2026Q2 FY26 | $0.76 | $0.72 | −5.3% | $25.8M | $25.9M | +0.7% | +0.23% |
| Apr 29, 2026Q1 FY26 | $0.75 | $0.74 | −1.3% | $26.4M | $24.9M | −5.6% | −1.15% |
| Jan 28, 2026Q4 FY25 | $0.85 | $0.79 | −7.1% | $27.1M | $26.4M | −2.6% | +2.76% |
| Oct 23, 2025Q3 FY25 | $0.84 | $0.87 | +3.6% | $27.3M | $26.2M | −4.3% | +3.71% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $39.4M | $38.1M | $39.5M | $39.3M | $36.8M | $36.7M | |
| Gross profit | $25.3M | $25.2M | $26.2M | $26.5M | $24.9M | $24.4M | |
| Operating income | $14.6M | $15.4M | $16.6M | $15.6M | $14.1M | $13.8M | |
| Net income | $10.6M | $11.2M | $11.9M | $10.8M | $10.0M | $9.8M | |
| Diluted EPS | $0.78 | $0.82 | $0.87 | $0.79 | $0.74 | $0.72 | |
| Gross margin | 64.0% | 66.0% | 66.2% | 67.4% | 67.8% | 66.6% | |
| Operating margin | 37.1% | 40.5% | 42.0% | 39.7% | 38.2% | 37.6% |
Fiscal years (4-quarter sums)FY21 $50.8M · FY22 $73.6M · FY23 $135.0M · FY24 $160.6M · FY25 $156.3M
Balance sheet, Jun 30, 2026Cash & short-term investments $9.5M · Total debt $194.9M · Total assets $2.12B · Shareholders' equity $362.6M
Dividends
Raised for 8 straight years — most recently to $0.25 from $0.20 in Jul 2026. To collect a payout, hold shares through the close before the ex-date.
History
| Ex-date | Record | Paid | Amount | Note |
|---|---|---|---|---|
| Jul 7, 2026 | Jul 7 | Aug 6 | $0.25 | raised from $0.20 |
| Apr 6, 2026 | Apr 6 | May 5 | $0.20 | |
| Jan 5, 2026 | Jan 5 | Feb 6 | $0.20 | |
| Oct 3, 2025 | Oct 3 | Nov 7 | $0.20 | |
| Sep 8, 2025 | Sep 8 | Oct 6 | $0.20 | special dividend |
| Jul 7, 2025 | Jul 7 | Aug 6 | $0.20 | |
| Apr 7, 2025 | Apr 7 | May 6 | $0.20 | raised from $0.15 |
| Jan 3, 2025 | Jan 3 | Feb 5 | $0.15 | raised from $0.10 |
Ownership
Shares outstanding 13.82M · Float 12.08M · 87.4% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 1.26M | 9.15% | 13F | Aug 7, 2026 |
| Vanguard Capital Management LLC | 527.9K | 3.82% | 13F | Aug 13, 2026 |
| Dimensional Fund Advisors LP | 496.6K | 3.59% | 13F | Aug 11, 2026 |
| Geode Capital Management, LLC | 401.1K | 2.90% | 13F | Aug 12, 2026 |
| Acadian Asset Management LLC | 328.3K | 2.38% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jul 29, 2026 | Donald S. Hom | officer: EVP and CFO | −3,000 | $27.20 |
| Mar 12, 2026 | Charles Michael Cirillo | director | −3,566 | $22.94 |
| Mar 5, 2026 | John F. McKenzie | director | −3,000 | $23.85 |
| Dec 11, 2025 | Diane B. Cavanaugh | director | −1,000 | $23.60 |
| Dec 12, 2025 | Donald S. Hom | officer: EVP and CFO | −2,000 | $23.76 |
Peers
- Dime Commercial Bancshares
New York commercial bank with CRE, multifamily, and deposit overlap
- ConnectOne Bancorp
NY/NJ metro bank with heavy CRE, multifamily, and construction overlap
- OceanFirst
Surviving Flushing combination with NJ, Long Island, and NYC overlap
- Metropolitan Bank
NYC commercial bank focused on CRE, C&I, deposits, and construction
- Hanover Bancorp
Mineola-based community bank with NYC multifamily and CRE exposure
- Orange County Bancorp
Hudson Valley bank competing in CRE construction and local deposits
- Kearny Financial
NJ/NY metro thrift with multifamily, CRE, construction, and deposits
- Beacon Financial
Northeast regional bank with MA, NY, CRE, cash-management overlap
CompareAfter-hours close
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| NorthEast Community Bancorp | $26.43 | +0.04% | $365.1M | 8.5 | 8.3 | 2.4 | +3.1% |
| Dime Commercial Bancshares | $40.47 | −0.02% | $1.79B | 14.6 | 10.7 | 2.4 | +17.1% |
| ConnectOne Bancorp | $31.73 | 0.00% | $1.60B | 9.9 | 9.1 | 2.6 | +46.0% |
| OceanFirst | $18.88 | −0.11% | $1.14B | 22.3 | 9.3 | 1.6 | +36.3% |
| Metropolitan Bank | $91.79 | −0.20% | $1.14B | 11.6 | 9.0 | 2.7 | +22.0% |
| Hanover Bancorp | $26.81 | −0.24% | $191.9M | 21.0 | 10.0 | 1.4 | −45.1% |
| Orange County Bancorp | $38.10 | +0.29% | $510.8M | 10.7 | 11.0 | 3.4 | −14.2% |
| Kearny Financial | $9.82 | 0.00% | $618.0M | 17.2 | 12.3 | 1.8 | +11.9% |
| Beacon Financial | $31.39 | 0.00% | $2.64B | 23.8 | 9.9 | 2.3 | +92.8% |
| Median | 15.9 | 9.9 | 2.3 | +19.5% |