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Northeast Community Bancorp NECB Recognition Of Operating Lease Liability

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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$367.44M+39.7%
Enterprise value$488.94M+42.2%
P/E8.7×+2.8×
P/S3.6×+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 necb:RecognitionOfOperatingLeaseLiability.

The source filing: Northeast Community Bancorp’s 10-K, filed March 13, 2026.

Filed
Mar 13, 2026, 1:17 PM EDT
Fiscal year
FY2025
Accession
0001104659-26-027566
Line itemYears Ended December 31, 2025Years Ended December 31, 2024
Total income taxes paid$15,442$22,109
Interest paid$52,323$56,579
Supplementary Disclosure of Non-Cash Investing and Financing Activities:
Recognition of right of use asset – operating$1,537
Recognition of lease liability – operating$1,537
Recognition of real estate owned$4,353
Sale of real estate owned$4,353
Dividends declared and not paid$2,793$2,102

ITEM 16.FORM 10-K SUMMARY

FAQ

What is Northeast Community Bancorp's recognition of operating lease liability?
Northeast Community Bancorp (NECB) reported recognition of operating lease liability of $625K in Q4 2025.
What does recognition of operating lease liability mean?
Represents the non-cash recognition of lease liabilities corresponding to the right-of-use assets acquired under operating lease agreements. It quantifies the total future obligation the bank has committed to for its leased operational infrastructure.

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