Northeast Community Bancorp: Fourth Quarter Earnings Overview

Northeast Community Bancorp Announces Fourth Quarter Results

Northeast Community Bancorp Inc., headquartered in White Plains, New York, revealed on Wednesday that it achieved a net profit of $10.8 million for the fourth quarter.

The company reported earnings of 79 cents per share during this period.

Total revenue for the quarter reached $39.6 million, with net revenue after interest expenses amounting to $26.4 million, which did not meet analysts' expectations.

Looking at the full year, Northeast Community Bancorp recorded a total profit of $44.4 million, translating to $3.25 per share, and reported annual revenue of $104.8 million.