Northeast Community Bancorp Inc (NECB) - Net Assets
Based on the latest financial reports, Northeast Community Bancorp Inc (NECB) has net assets worth $351.70 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.06 Billion) and total liabilities ($1.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Northeast Community Bancorp Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $351.70 Million |
| % of Total Assets | 17.04% |
| Annual Growth Rate | 10.26% |
| 5-Year Change | 39.91% |
| 10-Year Change | 221.06% |
| Growth Volatility | 27.01 |
Northeast Community Bancorp Inc - Net Assets Trend (2001–2025)
This chart illustrates how Northeast Community Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Also explore NECB current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Northeast Community Bancorp Inc (2001–2025)
The table below shows the annual net assets of Northeast Community Bancorp Inc from 2001 to 2025. For live valuation and market cap data, see NECB stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $351.70 Million | +10.48% |
| 2024-12-31 | $318.34 Million | +13.97% |
| 2023-12-31 | $279.32 Million | +6.62% |
| 2022-12-31 | $261.99 Million | +4.22% |
| 2021-12-31 | $251.38 Million | +63.42% |
| 2020-12-31 | $153.82 Million | +8.24% |
| 2019-12-31 | $142.11 Million | +8.50% |
| 2018-12-31 | $130.98 Million | +12.05% |
| 2017-12-31 | $116.90 Million | +6.71% |
| 2016-12-31 | $109.54 Million | +4.28% |
| 2015-12-31 | $105.05 Million | +1.19% |
| 2014-12-31 | $103.81 Million | -0.34% |
| 2013-12-31 | $104.17 Million | +0.31% |
| 2012-12-31 | $103.85 Million | -3.00% |
| 2011-12-31 | $107.06 Million | -0.99% |
| 2010-12-31 | $108.14 Million | +0.64% |
| 2009-12-31 | $107.45 Million | -2.76% |
| 2008-12-31 | $110.50 Million | +1.54% |
| 2007-12-31 | $108.83 Million | +12.48% |
| 2006-12-31 | $96.75 Million | +124.38% |
| 2005-12-31 | $43.12 Million | +4.80% |
| 2004-12-31 | $41.15 Million | +10.63% |
| 2002-12-31 | $37.19 Million | +10.13% |
| 2001-12-31 | $33.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Northeast Community Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 24497000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $244.97 Million | 69.65% |
| Common Stock | $140.00K | 0.04% |
| Other Comprehensive Income | $-4.99 Million | -1.42% |
| Other Components | $111.58 Million | 31.72% |
| Total Equity | $351.70 Million | 100.00% |
Northeast Community Bancorp Inc Competitors by Market Cap
The table below lists competitors of Northeast Community Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jeju Bank
KO:006220
|
$323.27 Million |
|
Corem Property Group AB (publ)
ST:CORE-PREF
|
$323.33 Million |
|
ST George Mining Ltd
AU:SGQ
|
$323.44 Million |
|
ADTechnology Co.Ltd
KQ:200710
|
$323.80 Million |
|
Lanzhou Zhuangyuan Pasture Co Ltd
SHE:002910
|
$323.07 Million |
|
Jiangsu GDK Biotechnology Co Ltd
SHG:688670
|
$323.06 Million |
|
Doosan Co Ltd
KO:000157
|
$323.04 Million |
|
Telos Corp
NASDAQ:TLS
|
$322.93 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Northeast Community Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 318,341,000 to 351,700,000, a change of 33,359,000 (10.5%).
- Net income of 44,413,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 5,209,000.
- Other factors decreased equity by 5,845,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $44.41 Million | +12.63% |
| Other Comprehensive Income | $-5.21 Million | -1.48% |
| Other Changes | $-5.84 Million | -1.66% |
| Total Change | $- | 10.48% |
Book Value vs Market Value Analysis
This analysis compares Northeast Community Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 8.80x to 0.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $2.75 | $24.15 | x |
| 2002-12-31 | $3.02 | $24.15 | x |
| 2004-12-31 | $3.24 | $24.15 | x |
| 2005-12-31 | $3.39 | $24.15 | x |
| 2006-12-31 | $7.60 | $24.15 | x |
| 2007-12-31 | $8.54 | $24.15 | x |
| 2008-12-31 | $8.65 | $24.15 | x |
| 2009-12-31 | $8.40 | $24.15 | x |
| 2010-12-31 | $8.51 | $24.15 | x |
| 2011-12-31 | $8.59 | $24.15 | x |
| 2012-12-31 | $8.45 | $24.15 | x |
| 2013-12-31 | $8.46 | $24.15 | x |
| 2014-12-31 | $8.57 | $24.15 | x |
| 2015-12-31 | $8.78 | $24.15 | x |
| 2016-12-31 | $9.14 | $24.15 | x |
| 2017-12-31 | $9.76 | $24.15 | x |
| 2018-12-31 | $10.80 | $24.15 | x |
| 2019-12-31 | $11.82 | $24.15 | x |
| 2020-12-31 | $9.52 | $24.15 | x |
| 2021-12-31 | $15.86 | $24.15 | x |
| 2022-12-31 | $16.66 | $24.15 | x |
| 2023-12-31 | $20.04 | $24.15 | x |
| 2024-12-31 | $23.83 | $24.15 | x |
| 2025-12-31 | $25.75 | $24.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Northeast Community Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.22%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 5.87x
- Recent ROE (12.63%) is above the historical average (5.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 5.96% | 18.89% | 0.04x | 7.45x | $-1.37 Million |
| 2002 | 8.88% | 26.83% | 0.05x | 6.30x | $-418.20K |
| 2004 | 3.80% | 11.74% | 0.06x | 5.77x | $-2.55 Million |
| 2005 | 4.62% | 14.03% | 0.06x | 5.54x | $-2.32 Million |
| 2006 | 1.61% | 9.76% | 0.06x | 2.98x | $-8.12 Million |
| 2007 | 11.15% | 32.48% | 0.11x | 3.16x | $1.25 Million |
| 2008 | 1.90% | 8.85% | 0.06x | 3.84x | $-8.95 Million |
| 2009 | -2.43% | -10.11% | 0.05x | 4.91x | $-13.36 Million |
| 2010 | 1.73% | 6.60% | 0.06x | 4.31x | $-8.95 Million |
| 2011 | 2.20% | 9.80% | 0.05x | 4.57x | $-8.35 Million |
| 2012 | -2.42% | -11.12% | 0.05x | 4.28x | $-12.90 Million |
| 2013 | 1.09% | 5.54% | 0.04x | 4.40x | $-9.28 Million |
| 2014 | 1.63% | 7.77% | 0.04x | 4.97x | $-8.68 Million |
| 2015 | 2.23% | 9.71% | 0.04x | 5.65x | $-8.16 Million |
| 2016 | 4.59% | 16.34% | 0.04x | 6.71x | $-5.92 Million |
| 2017 | 6.89% | 20.10% | 0.05x | 6.98x | $-3.64 Million |
| 2018 | 10.05% | 25.78% | 0.06x | 6.73x | $65.20K |
| 2019 | 9.11% | 22.45% | 0.06x | 6.72x | $-1.26 Million |
| 2020 | 8.01% | 23.92% | 0.05x | 6.29x | $-3.05 Million |
| 2021 | 4.74% | 23.46% | 0.04x | 4.87x | $-13.23 Million |
| 2022 | 9.48% | 33.76% | 0.05x | 5.44x | $-1.36 Million |
| 2023 | 16.57% | 34.61% | 0.08x | 6.32x | $18.34 Million |
| 2024 | 14.79% | 29.45% | 0.08x | 6.31x | $15.24 Million |
| 2025 | 12.63% | 28.22% | 0.08x | 5.87x | $9.24 Million |
Industry Comparison
This section compares Northeast Community Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $552,557,300
- Average return on equity (ROE) among peers: 11.02%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Northeast Community Bancorp Inc (NECB) | $351.70 Million | 5.96% | 4.87x | $323.10 Million |
| Ameris Bancorp (ABCB) | $1.46 Billion | 8.31% | 6.86x | $4.95 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $5.70 Billion |
| ACNB Corporation (ACNB) | $74.01 Million | 9.97% | 11.77x | $483.21 Million |
| Affinity Bancshares Inc (AFBI) | $129.12 Million | 4.21% | 5.71x | $135.98 Million |
| Alerus Financial Corp (ALRS) | $153.31 Million | 13.22% | 8.01x | $647.19 Million |
| Amalgamated Bank (AMAL) | $535.82 Million | 8.62% | 10.16x | $1.14 Billion |
| Amerant Bancorp Inc. (AMTB) | $901.22 Million | 12.53% | 7.48x | $962.39 Million |
| Arrow Financial Corporation (AROW) | $72.29 Million | 17.85% | 12.85x | $601.02 Million |
| Associated Banc-Corp (ASB) | $2.02 Billion | 12.80% | 9.17x | $5.20 Billion |
| AmeriServ Financial Inc (ASRV) | $65.10 Million | 11.83% | 10.90x | $62.60 Million |
About Northeast Community Bancorp Inc
Northeast Community Bancorp, Inc. operates as the holding company for NorthEast Community Bank that provides financial services for individuals and businesses. It accepts various deposits, including checking accounts, money market accounts, regular savings accounts, and non-interest bearing demand accounts, as well as certificates of deposits. The company also offers construction, commercial and … Read more