NorthEast Community Bancorp (NECB) Goodwill (2020 - 2023)
NorthEast Community Bancorp's (NECB) quarterly Goodwill came in at $200000.0 in 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.
Analysis
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.
- On a quarterly basis, Goodwill fell 69.28% year-over-year to $200000.0 in Q3 2023; TTM through Sep 2023 was $200000.0, a 69.28% decrease from a year earlier, with the FY2022 full-year figure at $1.3 million, changed 0.0% from the prior year.
- Goodwill was $200000.0 for Q3 2023 at NorthEast Community Bancorp, roughly flat from $200000.0 in the prior quarter.
- Over five years, Goodwill peaked at $1.3 million in Q4 2020 and troughed at $200000.0 in Q1 2023.
- A 4-year average of $703000.0 and a median of $651000.0 in 2021 frame the typical range for Goodwill.
- Across the five-year window, Goodwill changed 0.0% in 2021 and plunged 69.28% in 2023, its largest moves.
- Over 4 years, Goodwill stood at $1.3 million in 2020, then changed by 0.0% to $1.3 million in 2021, then changed by 0.0% to $1.3 million in 2022, then plunged by 84.73% to $200000.0 in 2023.
- The last three Goodwill figures came in at $200000.0 (Q3 2023), $200000.0 (Q2 2023), and $200000.0 (Q1 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | TFS Financial | 4.93 Bn | 4.43 Bn | - |
| 2 | Columbia Financial | 1.22 Bn | 935.89 Mn | - |
| 3 | Capitol Federal Financial | 1.12 Bn | 980.26 Mn | - |
| 4 | Trustco Bank Corp N Y | 986.25 Mn | 279.57 Mn | - |
| 5 | Kearny Financial | 654.17 Mn | 539.35 Mn | - |
| 6 | Northfield Bancorp | 639.40 Mn | 385.97 Mn | - |
| 7 | Greene County Bancorp | 607.01 Mn | 224.14 Mn | - |
| 8 | NorthEast Community Bancorp | 374.18 Mn | 273.44 Mn | - |
| 9 | Western New England Bancorp | 278.44 Mn | 240.11 Mn | - |
| 10 | FB Bancorp | 256.93 Mn | 211.72 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 200,000.00 |
| Jun 30, 2023 | 200,000.00 |
| Mar 31, 2023 | 200,000.00 |
| Dec 31, 2022 | 1.31 Mn |
| 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 |