NECB: Northeast Community Bancorp Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Northeast Community Bancorp Inc (NECB).
$342.94M Market Cap.
NECB Market Cap. (MRY)
NECB Shares Outstanding (MRY)
NECB Assets (MRY)
Total Assets
$2.01B
Total Liabilities
$1.69B
Total Investments
$1.84B
NECB Income (MRY)
Revenue
$104.83M
Net Income
$47.07M
Operating Expense
$39.06M
NECB Cash Flow (MRY)
CF Operations
$48.69M
CF Investing
-$233.99M
CF Financing
$194.89M
NECB Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $2,009,581,000 (13.91%) | $1,764,135,000 (23.80%) | $1,424,963,000 (16.32%) | $1,225,070,000 (26.53%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $200,000 (-69.28%) | $651,000 (0.00%) |
Shareholders Equity | $318,341,000 (13.97%) | $279,325,000 (6.62%) | $261,989,000 (4.22%) | $251,382,000 (63.42%) |
Property Plant & Equipment Net | $35,643,000 (7.26%) | $33,232,000 (5.06%) | $31,630,000 (4.37%) | $30,307,000 (18.17%) |
Cash & Equivalents | $78,359,000 (13.94%) | $68,771,000 (-27.92%) | $95,408,000 (-37.38%) | $152,369,000 (119.90%) |
Accumulated Other Comprehensive Income | $224,000 (-29.34%) | $317,000 (103.21%) | $156,000 (212.23%) | -$139,000 (24.86%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $1,844,775,000 (14.11%) | $1,616,695,000 (28.52%) | $1,257,894,000 (24.85%) | $1,007,486,000 (20.08%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $14,530,000 (7.17%) | $13,558,000 (-8.11%) | $14,754,000 (8.97%) | $13,540,000 (52.87%) |
Accumulated Retained Earnings (Deficit) | $213,974,000 (21.92%) | $175,505,000 (32.29%) | $132,670,000 (16.05%) | $114,323,000 (8.56%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $6,335,000 (-91.10%) | $71,216,000 (171.14%) | $26,265,000 (-20.37%) | $32,984,000 (-2.51%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $1,691,240,000 (13.90%) | $1,484,810,000 (27.67%) | $1,162,974,000 (19.44%) | $973,688,000 (19.56%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
NECB Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $104,835,000 (4.87%) | $99,962,000 (53.51%) | $65,119,000 (54.87%) | $42,047,000 (3.31%) |
Cost of Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Selling General & Administrative Expense | $27,682,000 (9.76%) | $25,220,000 (18.58%) | $21,269,000 (6.91%) | $19,895,000 (6.98%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $39,062,000 (11.34%) | $35,083,000 (14.31%) | $30,690,000 (15.93%) | $26,473,000 (5.52%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | $18,699,000 (1.27%) | $18,465,000 (92.62%) | $9,586,000 (161.27%) | $3,669,000 (11.79%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $47,074,000 (1.72%) | $46,276,000 (86.27%) | $24,843,000 (108.68%) | $11,905,000 (-3.44%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | $47,074,000 (1.72%) | $46,276,000 (86.27%) | $24,843,000 (108.68%) | $11,905,000 (-3.44%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $47,074,000 (1.72%) | $46,276,000 (86.27%) | $24,843,000 (108.68%) | $11,905,000 (-3.44%) |
Weighted Average Shares | $13,136,000 (-5.70%) | $13,930,000 (-9.74%) | $15,433,000 (-2.66%) | $15,854,000 (-1.83%) |
Weighted Average Shares Diluted | $13,359,000 (-4.14%) | $13,936,000 (-11.38%) | $15,726,000 (-0.81%) | $15,854,000 (-1.83%) |
Earning Before Interest & Taxes (EBIT) | $65,773,000 (1.59%) | $64,741,000 (88.04%) | $34,429,000 (121.07%) | $15,574,000 (-0.24%) |
Gross Profit | $104,835,000 (4.87%) | $99,962,000 (53.51%) | $65,119,000 (54.87%) | $42,047,000 (3.31%) |
Operating Income | $65,773,000 (1.38%) | $64,879,000 (88.44%) | $34,429,000 (121.07%) | $15,574,000 (-0.24%) |
NECB Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$233,988,000 (34.61%) | -$357,842,000 (-39.46%) | -$256,590,000 (-43.46%) | -$178,863,000 (-148.02%) |
Net Cash Flow from Financing | $194,890,000 (-32.42%) | $288,370,000 (67.57%) | $172,090,000 (-28.41%) | $240,385,000 (11935.80%) |
Net Cash Flow from Operations | $48,686,000 (13.66%) | $42,835,000 (55.54%) | $27,539,000 (27.76%) | $21,556,000 (37.62%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $9,588,000 (136.00%) | -$26,637,000 (53.24%) | -$56,961,000 (-168.56%) | $83,078,000 (242.05%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$233,471,000 (34.97%) | -$359,043,000 (-41.75%) | -$253,286,000 (-46.81%) | -$172,521,000 (-143.08%) |
Capital Expenditure | -$517,000 (17.41%) | -$626,000 (81.05%) | -$3,304,000 (47.90%) | -$6,342,000 (-455.34%) |
Issuance (Repayment) of Debt Securities | -$64,402,000 (-251.00%) | $42,651,000 (754.66%) | -$6,515,000 (-1641.98%) | -$374,000 (-105.82%) |
Issuance (Purchase) of Equity Shares | -$3,186,000 (88.90%) | -$28,710,000 (-208.11%) | -$9,318,000 (-109.77%) | $95,390,000 (0%) |
Payment of Dividends & Other Cash Distributions | -$7,861,000 (-115.25%) | -$3,652,000 (46.83%) | -$6,868,000 (-203.76%) | -$2,261,000 (-124.31%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $3,826,000 (25.44%) | $3,050,000 (137.72%) | $1,283,000 (37.81%) | $931,000 (262.26%) |
Depreciation Amortization & Accretion | $1,186,000 (-2.71%) | $1,219,000 (-2.17%) | $1,246,000 (11.55%) | $1,117,000 (4.69%) |
NECB Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) | 100.00% (0.00%) |
Profit Margin | 44.90% (-3.02%) | 46.30% (21.20%) | 38.20% (34.98%) | 28.30% (-6.60%) |
EBITDA Margin | 63.90% (-3.18%) | 66.00% (20.44%) | 54.80% (38.04%) | 39.70% (-3.17%) |
Return on Average Equity (ROAE) | 15.50% (-9.36%) | 17.10% (78.13%) | 9.60% (65.52%) | 5.80% (-30.12%) |
Return on Average Assets (ROAA) | 2.40% (-14.29%) | 2.80% (47.37%) | 1.90% (72.73%) | 1.10% (-15.38%) |
Return on Sales (ROS) | 62.70% (-3.24%) | 64.80% (22.50%) | 52.90% (42.97%) | 37.00% (-3.65%) |
Return on Invested Capital (ROIC) | 3.50% (-12.50%) | 4.00% (42.86%) | 2.80% (86.67%) | 1.50% (-11.76%) |
Dividend Yield | 2.30% (130.00%) | 1.00% (-64.29%) | 2.80% (47.37%) | 1.90% (72.73%) |
Price to Earnings Ratio (P/E) | 6.83 (27.87%) | 5.34 (-42.34%) | 9.27 (-37.55%) | 14.84 (-18.27%) |
Price to Sales Ratio (P/S) | 3.06 (23.99%) | 2.47 (-30.09%) | 3.54 (-15.75%) | 4.2 (-23.36%) |
Price to Book Ratio (P/B) | 1.08 (19.40%) | 0.9 (-1.74%) | 0.92 (26.62%) | 0.72 (-33.91%) |
Debt to Equity Ratio (D/E) | 5.31 (-0.06%) | 5.32 (19.76%) | 4.44 (14.61%) | 3.87 (-26.84%) |
Earnings Per Share (EPS) | 3.58 (7.83%) | 3.32 (106.21%) | 1.61 (114.67%) | 0.75 (-1.32%) |
Sales Per Share (SPS) | 7.98 (11.22%) | 7.18 (70.09%) | 4.22 (59.09%) | 2.65 (5.24%) |
Free Cash Flow Per Share (FCFPS) | 3.67 (21.02%) | 3.03 (92.99%) | 1.57 (63.54%) | 0.96 (6.79%) |
Book Value Per Share (BVPS) | 24.23 (20.86%) | 20.05 (18.12%) | 16.98 (7.06%) | 15.86 (66.47%) |
Tangible Assets Book Value Per Share (TABVPS) | 152.98 (20.80%) | 126.64 (37.18%) | 92.32 (19.54%) | 77.23 (28.91%) |
Enterprise Value Over EBIT (EV/EBIT) | 4 (33.33%) | 3 (-50.00%) | 6 (-14.29%) | 7 (-36.36%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 3.87 (19.32%) | 3.25 (-45.25%) | 5.93 (-8.01%) | 6.45 (-38.27%) |
Asset Turnover | 0.05 (-11.48%) | 0.06 (22.00%) | 0.05 (31.58%) | 0.04 (-9.52%) |
Current Ratio | - | - | - | - |
Dividends | $0.56 (211.11%) | $0.18 (-57.14%) | $0.42 (100.00%) | $0.21 (40.00%) |
Free Cash Flow (FCF) | $48,169,000 (14.12%) | $42,209,000 (74.17%) | $24,235,000 (59.29%) | $15,214,000 (4.77%) |
Enterprise Value (EV) | $259,356,925 (21.15%) | $214,082,409 (1.22%) | $211,508,266 (96.60%) | $107,580,428 (-38.22%) |
Earnings Before Tax (EBT) | $65,773,000 (1.59%) | $64,741,000 (88.04%) | $34,429,000 (121.07%) | $15,574,000 (-0.24%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $66,959,000 (1.51%) | $65,960,000 (84.89%) | $35,675,000 (113.74%) | $16,691,000 (0.08%) |
Invested Capital | $1,937,557,000 (9.68%) | $1,766,580,000 (30.32%) | $1,355,620,000 (22.68%) | $1,105,034,000 (18.55%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $2,009,581,000 (13.91%) | $1,764,135,000 (23.82%) | $1,424,763,000 (16.36%) | $1,224,419,000 (26.55%) |
Market Capitalization | $342,943,925 (36.17%) | $251,843,409 (4.71%) | $240,509,266 (31.94%) | $182,286,428 (8.06%) |
Average Equity | $304,215,750 (12.28%) | $270,950,250 (4.95%) | $258,177,750 (26.26%) | $204,488,500 (38.20%) |
Average Assets | $1,943,658,500 (17.75%) | $1,650,618,000 (26.66%) | $1,303,204,250 (19.16%) | $1,093,695,500 (13.73%) |
Invested Capital Average | $1,876,444,000 (17.12%) | $1,602,194,750 (30.70%) | $1,225,813,500 (21.81%) | $1,006,367,750 (12.81%) |
Shares | 14,020,602 (-1.24%) | 14,196,359 (-11.93%) | 16,119,924 (-1.58%) | 16,377,936 (33.98%) |
