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Northeast Cmnty Bancorp Inc - NECB STOCK NEWS

Welcome to our dedicated page for Northeast Cmnty Bancorp news (Ticker: NECB), a resource for investors and traders seeking the latest updates and insights on Northeast Cmnty Bancorp stock.

NorthEast Community Bancorp Inc (NECB) delivers community-focused banking services across the Northeastern U.S., combining personalized financial solutions with modern digital platforms. This news hub provides investors and stakeholders with essential updates directly from the institution.

Access timely information on earnings announcements, regulatory filings, and strategic initiatives. Our curated collection includes press releases about loan portfolio developments, leadership changes, and technological advancements in NECB's operations.

Key updates cover quarterly financial results, merger/acquisition activity, and new product launches. Stay informed about the bank's community reinvestment programs and risk management practices through verified corporate communications.

Bookmark this page for streamlined access to NECB's official announcements. Check regularly for critical updates affecting market positioning and community banking trends in the Northeast region.

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NorthEast Community Bancorp, Inc. (NECB) declares a quarterly cash dividend of $0.10 per common share.
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NorthEast Community Bancorp, Inc. schedules annual stockholders meeting for May 23, 2024. Record date set for April 4, 2024. Proxy materials to be sent to stockholders.
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NorthEast Community Bancorp, Inc. (Nasdaq: NECB) reported strong financial results for the fourth quarter and year ended December 31, 2023, with net income increasing by 46.4% and 86.3% respectively. Total assets increased by 23.8% to $1.8 billion, and net interest income increased by 20.3% and 52.2% for the same periods. Loan originations during 2023 resulted in a net increase of $288.8 million in construction loans, contributing to the growth in the loan portfolio. However, the increase in assets was partially due to a decrease in cash and cash equivalents, and the company recorded credit loss expenses totaling $972,000 for the year ended December 31, 2023.
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NorthEast Community Bancorp, Inc. (NECB) Declares Quarterly Cash Dividend of $0.06 per Common Share
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NorthEast Community Bancorp reports strong earnings for Q3 2023
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NorthEast Community Bancorp declares quarterly cash dividend of $0.06 per share.
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NorthEast Community Bancorp, Inc. (Nasdaq: NECB) reported a strong performance in Q2 2023, with net income increasing by 105.6% and 147.1% for the three and six months ended June 30, 2023 compared to the same periods in 2022. Loan portfolio performance drove the earnings growth, with net interest income increasing by 77.4% and 84.0% for the same periods, and total assets increasing by 13.4% to $1.6 billion. Cash and cash equivalents increased by 25.8% to $119.9 million, and total deposits increased by 17.3% to $1.3 billion.
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NorthEast Community Bancorp, Inc. announces new stock repurchase program to acquire up to 1,509,218 shares
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Northeast Cmnty Bancorp Inc

Nasdaq:NECB

NECB Rankings

NECB Stock Data

278.13M
12.18M
13.16%
49.49%
0.88%
Banks - Regional
Savings Institutions, Not Federally Chartered
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United States
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