Financial analysis of Northeast Community Bancorp (NECB) compared to its peers

Northeast Community Bancorp (OTCMKTS:NECB – Get Rating) is one of 36 publicly traded companies in the ‘thrift institutions, except federal’ sector, but how does it compare to its rivals? We will compare Northeast Community Bancorp to similar companies based on its risk strength, dividends, analyst recommendations, earnings, profitability, institutional ownership and valuation.

Institutional and Insider Ownership

30.1% of the shares of Northeast Community Bancorp are held by institutional investors. Comparatively, 43.7% of the shares of all “Caisse d’Épargne, except federal” companies are held by institutional investors. 0.9% of the shares of Northeast Community Bancorp are held by insiders. In comparison, 6.8% of the shares of all “Caisse d’Épargne, except federal” companies are held by insiders. Strong institutional ownership is an indication that endowments, large money managers, and hedge funds believe a company is poised for long-term growth.


Northeast Community Bancorp pays an annual dividend of $0.24 per share and has a dividend yield of 2.2%. Northeast Community Bancorp pays 27.9% of its profits as a dividend. As a group, the savings banks, except federal companies pay a dividend yield of 1.6% and pay out 16.8% of their profits as a dividend.

Valuation and benefits

This chart compares the gross revenue, earnings per share (EPS), and valuation of Northeast Community Bancorp and its rivals.

Gross revenue Net revenue Price/earnings ratio
North East Community Bancorp $50.76 million $11.90 million 12.74
Northeast Community Bancorp Competitors $139.52 million $38.84 million 127.71

Northeast Community Bancorp’s rivals have higher revenues and profits than Northeast Community Bancorp. Northeast Community Bancorp trades at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Analyst Notes

This is a summary of current recommendations and price targets for Northeast Community Bancorp and its rivals, as reported by

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
North East Community Bancorp 0 0 1 0 3.00
Northeast Community Bancorp Competitors 128 470 301 17 2.23

Northeast Community Bancorp currently has a consensus price target of $12.50, suggesting a potential upside of 14.05%. Overall, “Caisses d’Épargne, non-federation” companies have an upside potential of 6.10%. Given Northeast Community Bancorp’s stronger consensus rating and higher upside potential, equity research analysts clearly believe that Northeast Community Bancorp is more favorable than its rivals.


This table compares the net margins, return on equity and return on assets of Northeast Community Bancorp and its competitors.

Net margins Return on equity return on assets
North East Community Bancorp 23.74% 5.58% 1.08%
Northeast Community Bancorp Competitors 20.00% 8.00% 0.85%

Risk and Volatility

Northeast Community Bancorp has a beta of 0.68, indicating that its stock price is 32% less volatile than the S&P 500. Comparatively, Northeast Community Bancorp’s competitors have a beta of 0.69, indicating that their average price is 31% less volatile than the S&P. 500.


Rivals Northeast Community Bancorp beat Northeast Community Bancorp on 9 of the 15 factors compared.

About Northeast Community Bancorp (Get a rating)

Northeast Community Bancorp, Inc. operates as a holding company for NorthEast Community Bank which provides financial services to individuals and businesses. It accepts a variety of deposit instruments, including checking accounts, money market accounts, ordinary savings accounts, and non-interest bearing current accounts. The Company also offers construction, commercial and industrial, multi-family and mixed-use, non-residential and consumer real estate loans. In addition, it invests in various types of liquid assets, including US Treasury bonds, municipal securities, deposits at the Federal Home Loan Bank of New York and certificates of deposit from federally insured institutions, as well as as securities from various federal agencies, and state and municipal governments. In addition, the company offers investment advisory and financial planning services; and fixed rate life insurance and annuity products. It operates seven full-service branches in New York and three full-service branches in Massachusetts; and loan origination offices in White Plains and New City, New York, as well as Danvers, Massachusetts. The company was founded in 1934 and is based in White Plains, New York.

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Sarah J. Greer