NorthEast Community Bancorp, Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2023

WHITE PLAINS, N.Y., Feb. 01, 2024 (GLOBE NEWSWIRE) -- NorthEast Community Bancorp, Inc. (Nasdaq: NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $12.1 million and $46.3 million, or $0.82 and $3.32 per basic and diluted common share, for the fourth quarter and for the year ended December 31, 2023, respectively, compared to net income of $8.3 million and $24.8 million, or $0.54 and $1.61 per basic common share and $0.54 and $1.58 per diluted common share for the fourth quarter and for the year ended December 31, 2022, respectively.

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