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Northeast Community Bancorp NECB Business Segments — Equipment Expense

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Other financials

Income statement

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Revenue$25.3M-2.5%
Net income$9.8M-12.3%
EPS (diluted)$0.72-12.2%

Balance sheet

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Cash & equivalents$73.4M+23.6%
Total debt$194.9M+39.1%
Total equity$362.6M+7.7%
Total assets$2.1B+7.2%

Cash flow

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Operating cash flow$12.8M-18.1%
CapEx$133.0K-82.3%
Free cash flow$12.7M-14.9%

Valuation

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Market cap$363.42M+38.1%
Enterprise value$484.93M+41.0%
P/E8.6×+2.7×
P/S3.5×+1.0×

Profitability

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Net margin40.9%-1.8pp
FCF margin46.7%-0.9pp

Returns & leverage

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Return on equity12.1%-1.9pp
Debt / equity0.5×+0.1×

Where this comes from

Reported directly by Northeast Community Bancorp in its filing.

Tagged under the XBRL concept us-gaap:EquipmentExpense.

The source filing: Northeast Community Bancorp’s 10-Q, filed August 7, 2026.

Filed
Aug 7, 2026, 8:54 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-092404
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Non-interest expense:
Salaries and employee benefits5,8175,65011,98911,583
Occupancy expense7877431,6611,489
Equipment221253444470
Outside data processing7257581,5211,494
Advertising4312386225
Real estate owned expense247277
Other3,0262,7345,7975,589

Item 1. Financial Statements

FAQ

What is Northeast Community Bancorp's business segments — equipment expense?
Northeast Community Bancorp (NECB) reported business segments — equipment expense of $221K in Q2 2026.
How has Northeast Community Bancorp's business segments — equipment expense changed year-over-year?
Northeast Community Bancorp's business segments — equipment expense decreased by 12.6% year-over-year, from $253K to $221K.
What is the long-term trend for Northeast Community Bancorp's business segments — equipment expense?
Over 2 years (2023 to 2025), Northeast Community Bancorp's business segments — equipment expense has grown at a -9.3% compound annual growth rate (CAGR), from $1.06M to $868K.
What does business segments — equipment expense mean?
This covers the depreciation, maintenance, and leasing costs of equipment necessary for the segment's daily operations, such as banking hardware and office technology. It reflects the capital intensity of the segment's infrastructure.

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