NECB Q4 net income $10.9M ($0.80 diluted); full year EPS $3.58

NorthEast Community Bancorp, Inc./MD/

2024-FY EPS reported $3.52

Q4 net income $10.9M ($0.80 diluted) vs $12.1M ($0.82 diluted) in Q4 2023.
Full year net income $47.8M ($3.58 diluted) vs $46.3M ($3.32 diluted) in 2023.
Net loans grew 14.3% to $1.8B; deposits up 19.3% to $1.7B.
Net interest margin declined to 5.29% (Q4) and 5.62% (FY) from 6.06% and 6.41% a year ago.
Non-performing assets low at 0.25% of total assets; credit loss expense reduction $260K for year.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.