Northeast Community Bancorp Launches Third Stock Repurchase Program

TipRanks Cyber Monday Sale Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence. Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off Northeast Community Bancorp ( (NECB) ) just unveiled an update. On December 8, 2025, NorthEast Community Bancorp announced the authorization of a third stock repurchase program to acquire up to 1,400,435 shares, representing 10% of its common stock. This follows the second repurchase program announced on May 30, 2023, under which the company repurchased 1,091,174 shares at an average cost of $15.78 per share. The new program allows for stock repurchases through open market or privately negotiated transactions and may be adjusted based on various factors, including market conditions and regulatory requirements. The most recent analyst rating on (NECB) stock is a Buy with a $21.50 price target. To see the full list of analyst forecasts on Northeast Community Bancorp stock, see the NECB Stock Forecast page. Spark’s Take on NECB Stock According to Spark, TipRanks’ AI Analyst, NECB is a Outperform. Northeast Community Bancorp’s strong financial performance and attractive valuation are key strengths, despite technical indicators suggesting a bearish trend. The stock’s low P/E ratio and high dividend yield make it appealing for value investors, while recent revenue and cash flow challenges warrant caution. To see Spark’s full report on NECB stock, click here. More about Northeast Community Bancorp NorthEast Community Bancorp is the holding company for NorthEast Community Bank, operating through eleven branch offices in New York and Massachusetts, and three loan production offices. The company is headquartered in White Plains, New York. Average Trading Volume: 52,560 Technical Sentiment Signal: Strong Buy Current Market Cap: $307.6M