Northeast Community Bancorp Beats Q2 EPS

Northeast Community Bancorp (NASDAQ:NECB), a regional bank specializing in construction lending in the New York and Massachusetts markets, reported earnings for Q2 2025 on July 25, 2025. The company posted diluted EPS (GAAP) of $0.82, which was above the analyst estimate of $0.79, while revenue (GAAP) of $25.93 million fell just short of expectations by $0.028 million. Compared to the same quarter last year, both income and returns on assets and equity declined. Despite these headwinds, the results showed the company’s ongoing focus on asset quality and funding diversification, even as shrinking margins and deposit attrition presented challenges. Overall, NECB delivered a quarter marked by profitability outperformance but underlying pressures on revenue and expenses. Source: Analyst estimates for the quarter provided by FactSet. Northeast Community Bancorp operates as a savings bank, with its largest focus in construction lending. Its core markets are high-demand areas in New York and Massachusetts, where it maintains strong relationships with developers and a substantial portfolio in construction loans. Construction lending represents a notable share of its business, supporting revenue and customer relationships.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool