Northeast Gross Profit from 2010 to 2024

NECB Stock  USD 29.86  1.25  4.02%   
Northeast Community's Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 143 M this year. Gross Profit is the profit Northeast Community Bancorp makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2006-03-31
Previous Quarter
41 M
Current Value
41.5 M
Quarterly Volatility
10.1 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Northeast Community financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Northeast Community's main balance sheet or income statement drivers, such as Interest Expense of 37.1 M, Total Revenue of 142.7 M or Gross Profit of 143 M, as well as many indicators such as Price To Sales Ratio of 1.73, Dividend Yield of 0.0083 or PTB Ratio of 1.24. Northeast financial statements analysis is a perfect complement when working with Northeast Community Valuation or Volatility modules.
  
Check out the analysis of Northeast Community Correlation against competitors.

Latest Northeast Community's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Northeast Community Bancorp over the last few years. Gross profit is a required income statement account that reflects total revenue of Northeast Community Bancorp minus its cost of goods sold. It is profit before Northeast Community operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Northeast Community's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Northeast Community's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 65.12 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Northeast Gross Profit Regression Statistics

Arithmetic Mean47,457,987
Geometric Mean35,721,942
Coefficient Of Variation85.93
Mean Deviation28,453,182
Median39,496,000
Standard Deviation40,780,793
Sample Variance1663.1T
Range132.3M
R-Value0.84
Mean Square Error535.7T
R-Squared0.70
Significance0.000099
Slope7,634,159
Total Sum of Squares23283T

Northeast Gross Profit History

2024143 M
2023136.2 M
202265.5 M
202145.6 M
202041.6 M
201956.2 M
201850 M

Other Fundumenentals of Northeast Community

Northeast Community Gross Profit component correlations

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0.96-0.220.640.340.95-0.170.9-0.710.980.810.59-0.88-0.43-0.57-0.190.850.810.60.930.860.65
-0.08-0.220.27-0.66-0.11-0.210.07-0.31-0.2-0.480.33-0.14-0.13-0.070.59-0.35-0.54-0.23-0.17-0.380.21
0.750.640.27-0.120.73-0.530.86-0.70.650.290.64-0.77-0.25-0.360.080.460.370.330.660.420.73
0.30.34-0.66-0.120.30.560.13-0.040.350.320.19-0.03-0.19-0.25-0.270.360.370.40.250.280.12
0.990.95-0.110.730.3-0.250.96-0.780.980.650.67-0.89-0.34-0.48-0.210.790.710.610.90.740.77
-0.18-0.17-0.21-0.530.56-0.25-0.40.23-0.14-0.12-0.060.25-0.52-0.40.22-0.15-0.140.3-0.41-0.21-0.5
0.960.90.070.860.130.96-0.4-0.80.910.580.74-0.91-0.31-0.42-0.130.730.640.510.890.690.81
-0.78-0.71-0.31-0.7-0.04-0.780.23-0.8-0.78-0.33-0.680.880.370.49-0.04-0.52-0.32-0.44-0.69-0.45-0.77
0.980.98-0.20.650.350.98-0.140.91-0.780.730.64-0.9-0.44-0.57-0.250.830.760.640.880.790.67
0.680.81-0.480.290.320.65-0.120.58-0.330.730.24-0.57-0.25-0.28-0.270.780.880.420.780.960.23
0.710.590.330.640.190.67-0.060.74-0.680.640.24-0.68-0.48-0.48-0.110.40.210.20.550.360.64
-0.92-0.88-0.14-0.77-0.03-0.890.25-0.910.88-0.9-0.57-0.680.530.610.03-0.71-0.57-0.59-0.81-0.65-0.69
-0.46-0.43-0.13-0.25-0.19-0.34-0.52-0.310.37-0.44-0.25-0.480.530.9-0.28-0.27-0.18-0.53-0.15-0.230.0
-0.56-0.57-0.07-0.36-0.25-0.48-0.4-0.420.49-0.57-0.28-0.480.610.9-0.24-0.36-0.27-0.53-0.3-0.28-0.19
-0.14-0.190.590.08-0.27-0.210.22-0.13-0.04-0.25-0.27-0.110.03-0.28-0.24-0.29-0.320.16-0.25-0.24-0.12
0.80.85-0.350.460.360.79-0.150.73-0.520.830.780.4-0.71-0.27-0.36-0.290.930.690.890.690.59
0.720.81-0.540.370.370.71-0.140.64-0.320.760.880.21-0.57-0.18-0.27-0.320.930.650.810.780.37
0.640.6-0.230.330.40.610.30.51-0.440.640.420.2-0.59-0.53-0.530.160.690.650.480.350.3
0.890.93-0.170.660.250.9-0.410.89-0.690.880.780.55-0.81-0.15-0.3-0.250.890.810.480.810.78
0.760.86-0.380.420.280.74-0.210.69-0.450.790.960.36-0.65-0.23-0.28-0.240.690.780.350.810.34
0.720.650.210.730.120.77-0.50.81-0.770.670.230.64-0.690.0-0.19-0.120.590.370.30.780.34
Click cells to compare fundamentals

About Northeast Community Financial Statements

Northeast Community stakeholders use historical fundamental indicators, such as Northeast Community's Gross Profit, to determine how well the company is positioned to perform in the future. Although Northeast Community investors may analyze each financial statement separately, they are all interrelated. For example, changes in Northeast Community's assets and liabilities are reflected in the revenues and expenses on Northeast Community's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Northeast Community Bancorp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit136.2 M143 M
Gross Profit Margin 0.90  0.80 

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When determining whether Northeast Community offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northeast Community's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northeast Community Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northeast Community Bancorp Stock:
Check out the analysis of Northeast Community Correlation against competitors.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northeast Community. If investors know Northeast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northeast Community listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.188
Dividend Share
0.41
Earnings Share
3.69
Revenue Per Share
8.109
Quarterly Revenue Growth
0.093
The market value of Northeast Community is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Community's value that differs from its market value or its book value, called intrinsic value, which is Northeast Community's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northeast Community's market value can be influenced by many factors that don't directly affect Northeast Community's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northeast Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Community's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.