NASDAQ$NECB
Northeast Community Bancorp Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Reported strong earnings due to the strong performance of the loan portfolio.
NorthEast Community Bancorp reported a net income of $11.2 million, or $0.77 per basic and diluted common share, for the three months ended March 31, 2023. The increase in assets was primarily due to an increase in net loans of $98.6 million.
- Total assets increased by $77.8 million, or 5.5%, to $1.5 billion.
- Loans, net of the allowance for credit losses, increased by $98.6 million, or 8.1%, to $1.3 billion.
- Total deposits increased by $86.4 million, or 7.7%, to $1.2 billion.
- Net interest income totaled $22.8 million, an increase of $10.9 million, or 91.5%.
Headline financials
Revenue & EPS history
Northeast Community Bancorp · Revenue · Quarterly
$24M
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 2023
+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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