NorthEast Community Bancorp (NorthEast Community Bancorp) Book Value per Share

: $19.75 (As of Dec. 2023)

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NorthEast Community Bancorp's book value per share for the quarter that ended in Dec. 2023 was $19.75.

During the past 12 months, NorthEast Community Bancorp's average Book Value Per Share Growth Rate was 21.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NorthEast Community Bancorp was 36.50% per year. The lowest was -0.20% per year. And the median was 5.00% per year.

NorthEast Community Bancorp's current price is $15.61. Its book value per share for the quarter that ended in Dec. 2023 was $19.75. Hence, today's PB Ratio of NorthEast Community Bancorp is 0.79.

During the past 13 years, the highest P/B Ratio of NorthEast Community Bancorp was 1.54. The lowest was 0.70. And the median was 0.88.

Good Sign:

NorthEast Community Bancorp Inc stock PB Ratio (=0.78) is close to 1-year low of 0.75

NorthEast Community Bancorp Book Value per Share Historical Data

The historical data trend for NorthEast Community Bancorp's Book Value per Share 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

Book Value per Share

Get a 7-Day Free Trial

11.65

12.61

15.35

16.32

19.75

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
Book Value per Share	Get a 7-Day Free Trial															16.32	17.13	17.93	18.81	19.75

Competitive Comparison

For the Banks - Regional subindustry, NorthEast Community Bancorp's PB Ratio, along with its competitors' market caps and PB Ratio 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 PB Ratio Distribution

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

* The bar in red indicates where NorthEast Community Bancorp's PB Ratio falls into.

NorthEast Community Bancorp Book Value per Share Calculation

NorthEast Community Bancorp's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(279.3	-	0.0)	/	14.1
	=	19.75

NorthEast Community Bancorp's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(279.3	-	0.0)	/	14.1
	=	19.75

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

NorthEast Community Bancorp (NAS:NECB) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.

NorthEast Community Bancorp Book Value per Share 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 » Book Value per Share

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