NorthEast Community Bancorp (NorthEast Community Bancorp) Net Margin %

: 45.48% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. NorthEast Community Bancorp's Net Income for the three months ended in Dec. 2023 was $12.1 Mil. NorthEast Community Bancorp's Revenue for the three months ended in Dec. 2023 was $26.6 Mil. Therefore, NorthEast Community Bancorp's net margin for the quarter that ended in Dec. 2023 was 45.48%.

The historical rank and industry rank for NorthEast Community Bancorp's Net Margin % or its related term are showing as below:

NECB' s Net Margin % Range Over the Past 10 Years
Min: 9.23 Med: 27.87 Max: 45.84
Current: 45.84

NECB's Net Margin % is ranked better than
90.83% of 1462 companies
in the Banks industry
Industry Median: 25.505 vs NECB: 45.84

NorthEast Community Bancorp Net Margin % Historical Data

The historical data trend for NorthEast Community Bancorp's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NorthEast Community Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

30.36

29.66

26.08

37.95

45.84

NorthEast Community Bancorp Quarterly Data
	Dec16	Dec17	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																38.03	46.94	44.28	46.72	45.48

Competitive Comparison

For the Banks - Regional subindustry, NorthEast Community Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

NorthEast Community Bancorp Net Margin % Distribution

For the Banks industry and Financial Services sector, NorthEast Community Bancorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where NorthEast Community Bancorp's Net Margin % falls into.

NorthEast Community Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

NorthEast Community Bancorp's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	46.276	/	100.952
	=	45.84 %

NorthEast Community Bancorp's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	12.101	/	26.61
	=	45.48 %

NorthEast Community Bancorp (NAS:NECB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

NorthEast Community Bancorp Net Margin % Related Terms

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NorthEast Community Bancorp (NorthEast Community Bancorp) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » NorthEast Community Bancorp Inc (NAS:NECB) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 Hamilton Avenue, White Plains, NY, USA, 10601

Website

https://www.necb.com

NorthEast Community Bancorp Inc operates as a community-oriented financial institution. It is principally engaged in the business of attracting deposits and investing those funds into mortgage and commercial loans. They conduct their activities throughout the Northeastern United States including New York, Massachusetts, New Jersey, and Connecticut. The company offers a comprehensive line of banking products and services, including mobile banking as well as commercial real estate loans, commercial construction financing, lines of credit, and term loans. It also offers investment advisory and financial planning services.

Executives

Charles A Martinek	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Charles Michael Cirillo	director	C/O NORTHEAST COMMUNITY BANCORP, INC., 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kenneth H Thomas	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Linda M Swan	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kenneth A Martinek	director, officer: Chairman and CEO	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
John F Mckenzie	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Kevin Patrick Omalley	director	C/O NORTHEAST COMMUNITY BANCORP, INC., 325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Diane B Cavanaugh	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Donald S Hom	officer: EVP and CFO	325 HAMILTON AVE, WHITE PLAINS NY 10601
Jose M Collazo	director, officer: President and COO	325 HAMILTON AVENUE, WHITE PLAINS NY 10601
Eugene M Magier	director	325 HAMILTON AVENUE, WHITE PLAINS NY 10601