NORTHEAST COMMUNITY BANCORP INC (NECB)
Financials · Community Banking / Real Estate Lending · NASDAQ
A New York Metropolitan Area community bank with 71.8% of its loan portfolio concentrated in construction lending, serving local real estate development markets.
What NORTHEAST COMMUNITY BANCORP INC does
Northeast Community Bancorp Inc is a community bank headquartered in the New York Metropolitan Area that originates and holds loans, with a primary focus on construction lending. The company provides traditional banking services including deposit products and loan origination across construction, multifamily, mixed-use, non-residential real estate, and commercial and industrial segments. As of December 31, 2025, construction loans comprised 71.8% of the company's total loan portfolio at $1.3 billion.
Themes: ["Construction lending","Commercial real estate lending","Community banking","Multifamily real estate financing","New York Metropolitan Area financial services"]
Fundamentals
- Price$25.92 as of 2026-07-09 close
- Market cap$358M as of 2026-07-10
- 1-year return+7.0% as of 2026-07-09 close
- P/E8.18 as of 2026-07-10
- Net margin+44.2% as of 2026-07-10
- ROE+12.6% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+98.7% as of 2026-07-10
- Beta0.36 as of 2026-07-10
Dividend: yield +3.8%; 3-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Construction loan portfolio concentration risk: 71.8% of total loans are construction loans as of December 31, 2025, exposing the company to higher credit risk from uncertain project values and completion uncertainties compared to traditional community banks with higher one-to-four family residential loan concentrations.","Commercial real estate lending exposure: Multifamily, mixed-use and non-residential real estate loans ($334.8 million or 18.0% of portfolio) carry higher risk of non-payment dependent on successful property operations and income streams that can be significantly affected by real estate market conditions.","Interest rate and economic environment sensitivity: Changes in interest rate environment could reduce interest margins and demand for loan products; recession, inflation, or adverse real estate market values in the New York Metropolitan Area could impair borrower repayment ability."]
Competitors & peers
- Ponce Bank
- BankFinancial
- Flushing Bank
- Dime Community Bancshares
- Amalgamated Financial Corp
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.