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NECB (NorthEast Community Bancorp) 5-Year RORE % : 37.12% (As of Sep. 2024)


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What is NorthEast Community Bancorp 5-Year RORE %?

Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments. NorthEast Community Bancorp's 5-Year RORE % for the quarter that ended in Sep. 2024 was 37.12%.

The industry rank for NorthEast Community Bancorp's 5-Year RORE % or its related term are showing as below:

NECB's 5-Year RORE % is ranked better than
85.32% of 1403 companies
in the Banks industry
Industry Median: 11.32 vs NECB: 37.12

NorthEast Community Bancorp 5-Year RORE % Historical Data

The historical data trend for NorthEast Community Bancorp's 5-Year RORE % 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 5-Year RORE % Chart

NorthEast Community Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year RORE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

NorthEast Community Bancorp Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
5-Year RORE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 47.56 41.87 37.12

Competitive Comparison of NorthEast Community Bancorp's 5-Year RORE %

For the Banks - Regional subindustry, NorthEast Community Bancorp's 5-Year RORE %, along with its competitors' market caps and 5-Year RORE % 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's 5-Year RORE % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, NorthEast Community Bancorp's 5-Year RORE % distribution charts can be found below:

* The bar in red indicates where NorthEast Community Bancorp's 5-Year RORE % falls into.



NorthEast Community Bancorp 5-Year RORE % Calculation

NorthEast Community Bancorp's 5-Year RORE % for the quarter that ended in Sep. 2024 is calculated as:

5-Year RORE %=( Most Recent EPS (Diluted)- First Period EPS (Diluted) )/( Cumulative EPS (Diluted) for 5-year -Cumulative Dividends per Share for 5-year )
=( 3.6-0.67 )/( 9.234-1.34 )
=2.93/7.894
=37.12 %

* 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.

In the calculation of 5-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Sep. 2024 and 5-year before.


NorthEast Community Bancorp  (NAS:NECB) 5-Year RORE % Explanation

Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.

There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 5-year period is chosen.

Be Aware

Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.


NorthEast Community Bancorp 5-Year RORE % Related Terms

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NorthEast Community Bancorp Business Description

Traded in Other Exchanges
Address
325 Hamilton Avenue, White Plains, NY, USA, 10601
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
John F Mckenzie 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
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