NorthEast Community Bancorp, Inc. Reports Results for the Three and Nine Months Ended September 30, 2022

October 29, 2022

https://www.globenewswire.com/news-release/2022/10/28/2544130/0/en/NorthEast-Community-Bancorp-Inc-Reports-Results-for-the-Three-and-Nine-Months-Ended-September-30-2022.html

WHITE PLAINS, N.Y., Oct. 28, 2022 (GLOBE NEWSWIRE) — NorthEast Community Bancorp, Inc. (Nasdaq:NECB) (the “Company”), the parent holding company of NorthEast Community Bank (the “Bank”), reported net income of $7.5 million and $16.6 million, or $0.49 and $1.07 per basic and diluted common share, for the three months and nine months ended September 30, 2022 compared to net income of $730,000 and $7.7 million, or $0.05 and $0.48 per basic and diluted common share, for the three months and nine months ended September 30, 2021.

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