Northeast Historical Income Statement
NECB Stock | USD 29.86 1.25 4.02% |
Historical analysis of Northeast Community income statement accounts such as Other Operating Expenses of 71 M can show how well Northeast Community Bancorp performed in making a profits. Evaluating Northeast Community income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Northeast Community's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Northeast Community latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Northeast Community is a good buy for the upcoming year.
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About Northeast Income Statement Analysis
Northeast Community Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Northeast Community shareholders. The income statement also shows Northeast investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Northeast Community Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Northeast Community generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Most accounts from Northeast Community's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Northeast Community current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast Community Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At present, Northeast Community's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Total Revenue is expected to grow to about 139.1 M, whereas Total Other Income Expense Net is forecasted to decline to (163.8 K).
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 45.7M | 65.5M | 132.5M | 139.1M | Total Revenue | 45.7M | 65.5M | 132.5M | 139.1M |
Northeast Community income statement Correlations
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Northeast Community income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 743K | 10.0M | 5.1M | 8.1M | 35.3M | 37.1M | |
Total Revenue | 56.2M | 41.6M | 45.7M | 65.5M | 132.5M | 139.1M | |
Gross Profit | 56.2M | 41.6M | 45.7M | 65.5M | 132.5M | 139.1M | |
Other Operating Expenses | 39.1M | (26.0M) | (30.1M) | 299K | 67.6M | 71.0M | |
Operating Income | 17.1M | 15.6M | 15.6M | 41.3M | 64.9M | 68.1M | |
Ebit | (1.1M) | 15.6M | 15.6M | 34.4M | 64.7M | 68.0M | |
Ebitda | (155K) | 16.7M | 16.7M | 35.7M | 66.0M | 69.3M | |
Total Operating Expenses | 8.3M | (26.0M) | (30.1M) | 299K | 101.0M | 106.0M | |
Income Before Tax | 16.9M | 15.6M | 15.6M | 34.4M | 64.7M | 68.0M | |
Total Other Income Expense Net | 16.9M | (6.5M) | (6.6M) | (9.4M) | (156K) | (163.8K) | |
Net Income | 13.0M | 12.3M | 11.9M | 24.8M | 46.3M | 48.6M | |
Income Tax Expense | 4.0M | 3.3M | 3.7M | 9.6M | 18.5M | 19.4M | |
Depreciation And Amortization | 916K | 1.1M | 1.1M | 1.2M | 1.2M | 878.3K | |
Selling General Administrative | 1.6M | 16.4M | 15.0M | 15.5M | 20.4M | 21.4M | |
Selling And Marketing Expenses | 385K | 168K | 139K | 299K | 521K | 547.1K | |
Net Income Applicable To Common Shares | 13.0M | 12.3M | 11.9M | 24.8M | 28.6M | 30.0M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Northeast Community Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
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.