Added to YB: 2024-09-19
Pitch date: 2024-09-17
NECB [bullish]
Northeast Community Bancorp, Inc.
+25.14%
current return
Author Info
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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
$324.3M
Pitch Price
$22.22
Price Target
N/A
Dividend
1.44%
Sector
Banks
Category
value
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.
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