NASDAQ$NECB

Northeast Community Bancorp Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Reported steady earnings and good asset quality for the quarter, with loan demand remaining strong.

NorthEast Community Bancorp reported a net income of $4.2 million, or $0.27 per basic and diluted common share, for the quarter ended December 31, 2021, compared to a net income of $3.5 million, or $0.22 per basic and diluted common share, for the quarter ended December 31, 2020. Total assets increased by $256.8 million, or 26.5%, to $1.2 billion at December 31, 2021.

  • Net income for Q4 2021 was $4.2 million, up from $3.5 million in Q4 2020.
  • Total assets increased by $256.8 million to $1.2 billion at the end of 2021.
  • Cash and cash equivalents increased by $83.1 million to $152.3 million.
  • Loans, net of allowance for loan losses, increased by $148.4 million to $968.1 million.

Headline financials

Total Revenue

$12.3M

No prior period
EPS (adj)

$0.27

Previous: $0.76-64.5%
Net Interest Margin

4.3%

Previous: 4.6%-6.9%
Tier 1 Leverage Ratio

16.8%

No prior period
Total Risk-Based Capital

14.9%

No prior period
Equity to Total Assets

20.5%

No prior period
Capital Expenditures

$752K

Previous: $385K+95.3%
Free Cash Flow

$8.15M

Previous: $624K+1206.7%
Net Income

$4.2M

Previous: $3.46M+21.3%
Operating Income

$5.9M

No prior period
Cash & Equivalents

$152M

Previous: $69.2M+120.1%
Total Assets

$1.2B

Previous: $968M+23.9%

Revenue & EPS history

Northeast Community Bancorp · Revenue · Quarterly

$12.3M

Q4 2021
Beat estimate in 3 of 5 quarters(60%)
ActualEstimate

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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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