Direct comparison: Northeast Community Bancorp (NECB) versus its peers


Northeast Community Bancorp (OTCMKTS:NECB – Get Rating) is one of 36 public companies in the ‘thrift institutions, except federal’ sector, but how does it stand out from its peers? We will compare Northeast Community Bancorp to related companies based on strength of institutional ownership, valuation, earnings, risk, profitability, dividends and analyst recommendations.

Profitability

This chart compares the net margins, return on equity, and return on assets of Northeast Community Bancorp and its peers.

Net margins Return on equity return on assets
North East Community Bancorp 23.74% 5.38% 1.05%
Northeast Community Bancorp Competitors 19.33% 7.60% 0.81%

Valuation and benefits

This table compares the gross revenue, earnings per share (EPS), and valuation of Northeast Community Bancorp and its peers.

Gross revenue Net revenue Price/earnings ratio
North East Community Bancorp $50.76 million $11.90 million 12.56
Northeast Community Bancorp Competitors $139.52 million $38.84 million -0.16

Northeast Community Bancorp peers have higher revenue and profit than Northeast Community Bancorp. Northeast Community Bancorp trades at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Volatility and risk

Northeast Community Bancorp has a beta of 0.68, which means its stock price is 32% less volatile than the S&P 500. In comparison, Northeast Community Bancorp’s peers have a beta of 0.69, which means that their average price is 31% less volatile than the S&P. 500.

Analyst Notes

This is a summary of current ratings and price targets for Northeast Community Bancorp and its peers, as provided by MarketBeat.com.

Sales Ratings Hold odds Buy reviews Strong buy odds Rating
North East Community Bancorp 0 0 1 0 3.00
Northeast Community Bancorp Competitors 128 472 309 17 2.23

Northeast Community Bancorp currently has a consensus target price of $12.50, indicating a potential upside of 15.74%. Overall, “Caisses d’épargne, excluding federal” companies have an upside potential of 8.07%. Given Northeast Community Bancorp’s higher consensus rating and possible higher upside, stock analysts clearly believe that Northeast Community Bancorp is more favorable than its peers.

Dividends

Northeast Community Bancorp pays an annual dividend of $0.24 per share and has a dividend yield of 2.2%. Northeast Community Bancorp pays 27.9% of its profits as a dividend. As a group, the savings banks, except federal companies pay a dividend yield of 1.6% and pay out 16.9% of their profits as a dividend.

Insider and Institutional Ownership

30.1% of the shares of Northeast Community Bancorp are held by institutional investors. Comparatively, 43.7% of the shares of all “Caisse d’Épargne, except federal” companies are held by institutional investors. 0.9% of the shares of Northeast Community Bancorp are held by insiders of the company. In comparison, 6.8% of the shares of all “Caisse d’Épargne, except federal” companies are held by insiders. Strong institutional ownership indicates that endowments, hedge funds, and large fund managers believe a company will outperform the market over the long term.

Summary

Northeast Community Bancorp peers beat Northeast Community Bancorp on 8 of the 15 factors compared.

Company Profile Northeast Community Bancorp (Get an assessment)

Northeast Community Bancorp, Inc. operates as a holding company for NorthEast Community Bank which provides financial services to individuals and businesses. It accepts a variety of deposit instruments, including checking accounts, money market accounts, ordinary savings accounts, and non-interest bearing current accounts. The Company also offers construction, commercial and industrial, multi-family and mixed-use, non-residential and consumer real estate loans. In addition, it invests in various types of liquid assets, including US Treasury bonds, municipal securities, deposits at the Federal Home Loan Bank of New York and certificates of deposit from federally insured institutions, as well as as securities from various federal agencies, and state and municipal governments. In addition, the company offers investment advisory and financial planning services; and fixed rate life insurance and annuity products. It operates seven full-service branches in New York and three full-service branches in Massachusetts; and loan origination offices in White Plains and New City, New York, as well as Danvers, Massachusetts. The company was founded in 1934 and is based in White Plains, New York.



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