Northeast Community Bancorp Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 61 out of 397 in the Banking Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 25.50.In the medium term, the stock price is expected to trend up.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Northeast Community Bancorp Inc's Score
Industry at a Glance
Industry Ranking
61 / 397
Overall Ranking
108 / 4521
Industry
Banking Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Negative
Northeast Community Bancorp Inc Highlights
StrengthsRisks
NorthEast Community Bancorp, Inc. is the holding company for NorthEast Community Bank (the Bank). 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. It offers personal loans and overdraft protection for checking accounts. It offers adjustable-rate mortgage loans secured by multifamily and mixed-use real estate. These loans are composed 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. It provides credit to commercial and industrial businesses that are located within its market area. It also provides commercial and industrial loans to real estate developers in the New York Metropolitan Area.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 18.40%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 18.40%.
Overvalued
The company’s latest PB is 0.98, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 7.10M shares, decreasing 14.04% quarter-over-quarter.
NorthEast Community Bancorp, Inc. is the holding company for NorthEast Community Bank (the Bank). 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. It offers personal loans and overdraft protection for checking accounts. It offers adjustable-rate mortgage loans secured by multifamily and mixed-use real estate. These loans are composed 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. It provides credit to commercial and industrial businesses that are located within its market area. It also provides commercial and industrial loans to real estate developers in the New York Metropolitan Area.