NorthEast Community Bancorp (NECB) Operating Expenses (2020 - 2026)
NorthEast Community Bancorp (NECB) posted quarterly Operating Expenses of $10.9 million for Q1 2026, up 2.45% year-over-year from $10.6 million in Q1 2025, and down 2.78% quarter-over-quarter from $11.2 million in Q4 2025.
NorthEast Community Bancorp (NECB) Operating Expenses (2020 - 2026) Analysis & Trends
NorthEast Community Bancorp (NECB) has reported Operating Expenses for 7 consecutive years, with $10.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 2.45% year-over-year to $10.9 million; the TTM figure through Mar 2026 stood at $42.9 million (up 7.32% YoY), while the FY2025 annual figure was $42.7 million, up 9.23% from the prior year.
- Operating Expenses slipped to $10.9 million in Q1 2026 per NECB's latest filing, from $11.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $11.2 million in Q4 2025 and bottomed at $7.0 million in Q2 2022.
- Historically, Operating Expenses has averaged $9.3 million across 5 years, with a median of $9.5 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses climbed 27.89% — and 2026, when it increased 2.45%.
- NorthEast Community Bancorp's Operating Expenses stood at $8.6 million in 2022, then increased by 6.89% to $9.2 million in 2023, then rose by 7.45% to $9.9 million in 2024, then climbed by 12.78% to $11.2 million in 2025, then retreated by 2.78% to $10.9 million in 2026.
- Business Quant data shows NECB's Operating Expenses at $10.9 million in Q1 2026, $11.2 million in Q4 2025, and $10.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 2.11 Bn |
| 10 | NorthEast Community Bancorp | 344.99 Mn | 244.25 Mn | - | 10.62 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.62 Mn |
| Mar 31, 2026 | 10.88 Mn |
| Dec 31, 2025 | 11.19 Mn |
| Sep 30, 2025 | 10.35 Mn |
| Jun 30, 2025 | 10.51 Mn |
| Mar 31, 2025 | 10.62 Mn |
| Dec 31, 2024 | 9.92 Mn |
| Sep 30, 2024 | 9.96 Mn |
| Jun 30, 2024 | 9.50 Mn |
| Mar 31, 2024 | 9.68 Mn |
| Dec 31, 2023 | 9.23 Mn |
| Sep 30, 2023 | 8.92 Mn |
| Jun 30, 2023 | 8.88 Mn |
| Mar 31, 2023 | 8.19 Mn |
| Dec 31, 2022 | 8.64 Mn |
| Sep 30, 2022 | 7.82 Mn |
| Jun 30, 2022 | 7.01 Mn |
| Mar 31, 2022 | 7.22 Mn |
| Dec 31, 2021 | 6.76 Mn |
| Sep 30, 2021 | 6.85 Mn |