NorthEast Community Bancorp (NECB) Goodwill (2020 - 2023)
NorthEast Community Bancorp (NECB) posted quarterly Goodwill of $200000.0 for Q3 2023, down 69.28% year-over-year from $651000.0 in Q3 2022, and little changed quarter-over-quarter from $200000.0 in Q2 2023.
NorthEast Community Bancorp (NECB) Goodwill (2020 - 2023) Analysis & Trends
NorthEast Community Bancorp (NECB) has reported Goodwill for 4 consecutive years, with $200000.0 the latest figure, recorded in Q3 2023.
- In Q3 2023, Goodwill fell 69.28% year-over-year to $200000.0; the TTM figure through Sep 2023 stood at $200000.0 (down 69.28% YoY), while the FY2022 annual figure was $200000.0, down 84.73% from the prior year.
- Goodwill held at $200000.0 in Q3 2023 per NECB's latest filing, from $200000.0 in the prior quarter.
- Across five years, Goodwill topped out at $1.3 million in Q4 2020 and bottomed at $200000.0 in Q4 2022.
- Historically, Goodwill has averaged $610500.0 across 4 years, with a median of $651000.0 in 2021.
- Annual changes were most pronounced in 2021 — Goodwill changed 0.0% — and 2022, when it slumped 84.73%.
- NorthEast Community Bancorp's Goodwill stood at $1.3 million in 2020, then changed by 0.0% to $1.3 million in 2021, then plunged by 84.73% to $200000.0 in 2022, then changed by 0.0% to $200000.0 in 2023.
- Business Quant data shows NECB's Goodwill at $200000.0 in Q3 2023, $200000.0 in Q2 2023, and $200000.0 in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - |
| 10 | NorthEast Community Bancorp | 344.99 Mn | 244.25 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 200,000.00 |
| Jun 30, 2023 | 200,000.00 |
| Mar 31, 2023 | 200,000.00 |
| Dec 31, 2022 | 200,000.00 |
| Sep 30, 2022 | 651,000.00 |
| Jun 30, 2022 | 651,000.00 |
| Mar 31, 2022 | 651,000.00 |
| Dec 31, 2021 | 1.31 Mn |
| Sep 30, 2021 | 651,000.00 |
| Jun 30, 2021 | 651,000.00 |
| Mar 31, 2021 | 651,000.00 |
| Dec 31, 2020 | 1.31 Mn |