Professional
Added to YB: 2024-09-19
Pitch date: 2024-09-17
NECB [bullish]
Northeast Community Bancorp, Inc.
+8.13%
current return
Author Info
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Northeast Community Bancorp, Inc. operates as the holding company for NorthEast Community Bank that provides financial services for individuals and businesses.
Market Cap
$277.9M
Pitch Price
$22.08
Price Target
N/A
Dividend
2.52%
Sector
Banks
Category
value
Show full summary:
Striking a Balance: Risk, Reward, and a Modest NECB Investment
NECB: Long .5% position in boring bank trading at 6x earnings. Fast growth raises 100% downside risk, limiting bet size. Missed opportunity at 4x earnings in April. Growth likely to slow, but still appears undervalued. Focus on addressing errors of omission in future.
Read full article (1 min)