NECB

Northeast Community Bancorp (NECB) came out with quarterly earnings of $0.74 per share, missing the Zacks Consensus Estimate of $0.75 per share. This compares to earnings of $0.78 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -1.33%. A quarter ago, it was expected that this bank holding company would post earnings of $0.85 per share when it actually produced earnings of $0.79, delivering a surprise of -7.06%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. Northeast Community Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $24.93 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 5.64%. This compares to year-ago revenues of $25.5 million. The company has topped consensus revenue estimates just once over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Northeast Community Bancorp shares have added about 10.4% since the beginning of the year versus the S&P 500's gain of 4.3%. While Northeast Community Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Northeast Community Bancorp was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the ne...

WHITE PLAINS, N.Y. (AP) — WHITE PLAINS, N.Y. (AP) — Northeast Community Bancorp Inc. (NECB) on Wednesday reported net income of $10 million in its first quarter. The bank, based in White Plains, New York, said it had earnings of 74 cents per share. The bank holding company posted revenue of $36.8 million in the period. Its revenue net of interest expense was $24.9 million, missing Street forecasts. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NECB at https://www.zacks.com/ap/NECB

WHITE PLAINS, N.Y., April 29, 2026 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $10.0 million, or $0.76 per basic share and $0.74 per diluted share, for the three months ended March 31, 2026 compared to net income of $10.6 million, or $0.80 per basic share and $0.78 per diluted share, for the three months ended March 31, 2025. Kenneth A. Martinek, Chairman of the Board and Chief Executive Officer, stated “We are again pleased to report continued strong performance throughout our entire loan portfolio. We continue our laser focus on construction lending in high demand, high absorption submarkets in the Bronx, Rockland, Orange, and Sullivan Counties.” “Demand for construction loans throughout these submarkets continues to demonstrate robust growth and we look forward to meeting this growing demand going forward. At March 31, 2026, construction loan commitments and loans-in-process outstanding increased by approximately 37.8% as compared to the first quarter of 2025, with over $819 million in total unfunded loan commitments outstanding, and represents a 20.6% increase over the amount of such total commitments outstanding at December 31, 2025.” Highlights for the three months ended March 31, 2026 are as follows: Performance metrics continue to be strong with a return on average total assets ratio of 1.97%, a return on average shareholders’ equity ratio of 11.13%, and an efficiency ratio of 43.64% for the three months ended March 31, 2026. Asset quality metrics continue to remain strong with no non-performing loans at either March 31, 2026 or December 31, 2025, and non-performing assets to total assets were 0.00% at both March 31, 2026 and at December 31, 2025. Our allowance for credit losses related to loans totaled $4.6 million, or 0.25% total loans at March 31, 2026 compared to $4.7 million, or 0.25% of total loans at December 31, 2025. Total stockholders’ equity increased by $4.6 million, or 1.3%, to $356.3 million, or 17.59% of total assets as of March 31, 2026 from $351.7 million, or 17.04% of total assets as of December 31, 2025. Balance Sheet Summary Total assets decreased $38.4 million, or 1.9%, to $2.0 billion at March 31, 2026, from $2.1 billion at December 31, 2025. The decrease in assets was primarily due to decreases i...

Citizens Financial Services (CZFS) came out with quarterly earnings of $2.16 per share, beating the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $1.6 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +9.09%. A quarter ago, it was expected that this bank would post earnings of $2.07 per share when it actually produced earnings of $2.18, delivering a surprise of +5.31%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Citizens Financial Services, which belongs to the Zacks Banks - Northeast industry, posted revenues of $29.8 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 2.42%. This compares to year-ago revenues of $26.43 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Citizens Financial Services shares have added about 17.9% since the beginning of the year versus the S&P 500's gain of 4.3%. While Citizens Financial Services has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Citizens Financial Services was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future...

The Bancorp (TBBK) came out with quarterly earnings of $1.41 per share, beating the Zacks Consensus Estimate of $1.34 per share. This compares to earnings of $1.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +5.22%. A quarter ago, it was expected that this holding company for The Bancorp Bank would post earnings of $1.46 per share when it actually produced earnings of $1.28, delivering a surprise of -12.33%. Over the last four quarters, the company has surpassed consensus EPS estimates two times. The Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $161.34 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 12.03%. This compares to year-ago revenues of $175.38 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. The Bancorp shares have lost about 10.9% since the beginning of the year versus the S&P 500's gain of 4.3%. While The Bancorp has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for The Bancorp was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's...

The market expects Bank OZK (OZK) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The earnings report, which is expected to be released on April 21, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This bank is expected to post quarterly earnings of $1.46 per share in its upcoming report, which represents a year-over-year change of -0.7%. Revenues are expected to be $421.86 million, up 3.1% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.51% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is signifi...

The market expects Northeast Community Bancorp (NECB) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss, the stock may move lower. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. This bank holding company is expected to post quarterly earnings of $0.75 per share in its upcoming report, which represents a year-over-year change of -3.9%. Revenues are expected to be $26.42 million, up 3.6% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 4.82% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. This insight is at the core of our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction). The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive...

WHITE PLAINS, N.Y., March 19, 2026 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (the “Company”) (Nasdaq: NECB) announced today that its Board of Directors has declared a quarterly cash dividend of $0.20 per common share. The dividend will be paid on or about May 5, 2026 to shareholders of record as of the close of business on April 6, 2026. About NorthEast Community Bancorp, Inc. NorthEast Community Bancorp, headquartered at 325 Hamilton Avenue, White Plains, New York 10601, is the holding company for NorthEast Community Bank, which conducts business through its eleven branch offices located in Bronx, New York, Orange, Rockland, and Sullivan Counties in New York and Essex, Middlesex, and Norfolk Counties in Massachusetts and three loan production offices located in New City, New York, White Plains, New York, and Danvers, Massachusetts. For more information about NorthEast Community Bancorp and NorthEast Community Bank, please visit www.necb.com. Cautionary Note About Forward-Looking Statements 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. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ materially from those set forth in the forward-looking statements as a result of numerous factors. Factors that could cause actual results to differ materially from expected results include, but are not limited to, changes in market interest rates, regional and national economic conditions (including higher inflation and its impact on regional and national economic conditions), legislative and regulatory changes, monetary and fiscal policies of the United States government, including policies of the United States Treasury and the Federal Reserve Board, the quality and composition of the loan or investment portfolios, demand for loan products, decreases in deposit levels necessitating increased borrowing to fund loans and securities, competition, demand for financial ser...

Northeast Community Bancorp (NECB) came out with quarterly earnings of $0.79 per share, missing the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.8 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -7.06%. A quarter ago, it was expected that this bank holding company would post earnings of $0.84 per share when it actually produced earnings of $0.87, delivering a surprise of +3.57%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. Northeast Community Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $26.45 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 2.6%. This compares to year-ago revenues of $25.45 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Northeast Community Bancorp shares have added about 2.4% since the beginning of the year versus the S&P 500's gain of 1.9%. While Northeast Community Bancorp has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Northeast Community Bancorp was favorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near...

WHITE PLAINS, N.Y., Jan. 28, 2026 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $10.8 million, or $0.81 per basic share and $0.79 per diluted share, for the quarter ended December 31, 2025 compared to net income of $10.2 million, or $0.78 per basic share and $0.75 per diluted share, for the quarter ended December 31, 2024. In addition, the Company reported net income of $44.4 million, or $3.35 per basic share and $3.25 per diluted share, for the year ended December 31, 2025 compared to net income of $47.1 million, or $3.58 per basic share and $3.52 per diluted share, for the year ended December 31, 2024. Kenneth A. Martinek, Chairman of the Board and Chief Executive Officer, stated “We are once again pleased to be able to report continued strong performance throughout our entire loan portfolio, with continuing focus on construction lending in high demand, high absorption sub-markets. Loan demand remains strong with outstanding unfunded commitments exceeding $680 million at December 31, 2025.” “Our New York City cooperative corporation lending program continues to grow, as does our multi-family lending throughout Eastern Massachusetts.” “Earlier this week, the Company also announced the retirement of Linda M. Swan as a director of the Company and the Bank, effective as of January 20, 2026, and the appointment of Lynette Bennett as a director of the Company and the Bank, effective as of January 22, 2026,” Mr. Martinek continued. “On behalf of the Board of Directors, I would like to thank Linda for her significant contributions to the Company and the Bank during her two stints as a director, which spanned over 28 years, and wish her well in retirement.” Highlights for the fourth quarter and year ended December 31, 2025 are as follows: Performance metrics continue to be strong with a return on average total assets ratio of 2.11%, a return on average shareholders’ equity ratio of 12.32%, and an efficiency ratio of 42.31% for the quarter ended December 31, 2025. For the year ended December 31, 2025, the Company reported a return on average total assets ratio of 2.21%, a return on average shareholders’ equity ratio of 13.12%, and an efficiency ratio of 40.70%. Asset quality metrics continue to remain strong with no non-performing loans...

WHITE PLAINS, N.Y. (AP) — WHITE PLAINS, N.Y. (AP) — Northeast Community Bancorp Inc. (NECB) on Wednesday reported net income of $10.8 million in its fourth quarter. The White Plains, New York-based bank said it had earnings of 79 cents per share. The bank holding company posted revenue of $39.6 million in the period. Its revenue net of interest expense was $26.4 million, which fell short of Street forecasts. For the year, the company reported profit of $44.4 million, or $3.25 per share. Revenue was reported as $104.8 million. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NECB at https://www.zacks.com/ap/NECB

HBT Financial (HBT) came out with quarterly earnings of $0.64 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.62 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +0.52%. A quarter ago, it was expected that this bank holding company would post earnings of $0.62 per share when it actually produced earnings of $0.65, delivering a surprise of +4.84%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. HBT Financial, which belongs to the Zacks Banks - Northeast industry, posted revenues of $60.44 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 0.43%. This compares to year-ago revenues of $59.03 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. HBT Financial shares have added about 6.7% since the beginning of the year versus the S&P 500's gain of 1%. While HBT Financial has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for HBT Financial was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) s...