NASDAQ$NECB
Northeast Community Bancorp Inc · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported net income for the quarter ended March 31, 2022.
NorthEast Community Bancorp reported a strong start to 2022, with net income of $3.6 million for the first quarter. The increase in assets was primarily due to increases in net loans and cash and cash equivalents.
- Net income was $3.6 million, or $0.23 per basic and diluted common share.
- Total assets increased by $56.3 million, or 4.6%, to $1.3 billion.
- Cash and cash equivalents increased by $22.4 million, or 14.7%, to $174.7 million.
- Loans, net of the allowance for loan losses, increased by $34.1 million, or 3.5%, to $1.0 billion.
Headline financials
Revenue & EPS history
Northeast Community Bancorp · Revenue · Quarterly
$12M
Forward guidance
This press release contains certain forward-looking statements. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2022
+1.1%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+2.2%
Avg return
30 days after
66%
25 / 38 earnings
Positive
+20.1%
Q2 2010
Best reaction
-12.8%
Q1 2010
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.5% | -0.5% | -0.2% | |
| Q4 2025 | +0.9% | +7.8% | +6.0% | |
| Q3 2025 | -0.1% | -3.0% | +5.3% | |
| Q2 2025 | -0.9% | -1.4% | -3.3% | |
| Q1 2025 | +1.2% | +0.8% | -1.0% | |
| Q4 2024 | -0.6% | +4.6% | -4.6% | |
| Q3 2024 | -0.8% | -5.0% | +10.7% | |
| Q2 2024 | +9.9% | +12.5% | +7.2% | |
| Q1 2024 | +2.8% | +2.1% | +12.2% | |
| Q4 2023 | -2.4% | -6.4% | -9.8% | |
| Q3 2023 | +7.1% | +5.4% | +17.3% | |
| Q2 2023 | +3.2% | +2.6% | +3.3% | |
| Q1 2023 | +0.3% | -1.1% | +1.8% | |
| Q4 2022 | +2.3% | +1.3% | +2.3% | |
| Q3 2022 | +1.4% | +2.8% | +8.8% | |
| Q2 2022 | +0.2% | +1.3% | +6.1% | |
| Q1 2022 | +0.7% | +0.9% | +1.8% | |
| Q4 2021 | +2.2% | +9.7% | +4.6% | |
| Q3 2021 | +1.4% | +1.7% | -1.2% | |
| Q2 2021 | -0.2% | -0.5% | +0.5% | |
| Q1 2021 | -0.4% | -0.4% | -9.9% | |
| Q4 2020 | -0.4% | -0.4% | -9.9% | |
| Q1 2014 | +3.4% | — | — | |
| Q3 2013 | +0.2% | — | — | |
| Q2 2013 | -0.6% | — | — | |
| Q1 2013 | +0.0% | — | — | |
| Q4 2012 | +0.8% | — | — | |
| Q3 2012 | +0.2% | — | — | |
| Q2 2012 | +3.0% | — | — | |
| Q1 2012 | +0.5% | — | — | |
| Q4 2011 | +1.4% | — | — | |
| Q3 2011 | +1.8% | — | — | |
| Q2 2011 | +0.2% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q4 2010 | +2.4% | — | — | |
| Q3 2010 | -1.4% | — | — | |
| Q2 2010 | +20.1% | — | — | |
| Q1 2010 | -12.8% | — | — |
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