NorthEast Community Bancorp (NECB) Return on Invested Capital [ROIC] (2021 - 2023)
NorthEast Community Bancorp (NECB) reported Return on Invested Capital [ROIC] of 18.38% for Q2 2023, up 11.95 percentage points from 6.43% a year earlier and up 3.61 percentage points from the prior quarter.
NorthEast Community Bancorp (NECB) Return on Invested Capital [ROIC] (2021 - 2023) Analysis & Trends
For FY2022, NorthEast Community Bancorp posted Return on Invested Capital [ROIC] of 10.92%, up 4.07 percentage points from FY2021.
- By year, Return on Invested Capital [ROIC] came in at 6.85% in FY2021.
- The Q2 2023 figure ranks as the highest quarterly Return on Invested Capital [ROIC] in data going back to Q1 2021.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last four quarters, with an average year-over-year change of +3.38 percentage points over the last six quarters.
- Per Business Quant data, the three quarters before Q2 2023 came in at 14.78% (Q1 2023), 10.89% (Q4 2022) and 9.01% (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 883.45 Bn | 912.92 Bn | - | 32.13% |
| 2 | Banco Santander Chile | 401.52 Bn | 521.46 Bn | - | - |
| 3 | Bank Of America | 377.43 Bn | -1,998.64 Bn | - | 25.16% |
| 4 | Hsbc Holdings | 330.31 Bn | 330.37 Bn | - | - |
| 5 | Morgan Stanley | 299.17 Bn | -209.92 Bn | - | 42.00% |
| 6 | Royal Bank Of Canada | 274.08 Bn | 124.82 Bn | - | 11.34% |
| 7 | Mitsubishi Ufj Financial | 270.70 Bn | -1,317.79 Bn | 10.89 Bn | 6.24% |
| 8 | Goldman Sachs | 263.13 Bn | -3,293.98 Bn | - | 14.05% |
| 9 | Wells Fargo & Company | 243.64 Bn | 245.78 Bn | - | 27.68% |
| 10 | NorthEast Community Bancorp | 367.02 Mn | -34.98 Mn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 18.38% |
| Mar 31, 2023 | 14.78% |
| Dec 31, 2022 | 10.89% |
| Sep 30, 2022 | 9.01% |
| Jun 30, 2022 | 6.43% |
| Mar 31, 2022 | 5.81% |
| Dec 31, 2021 | 5.68% |
| Sep 30, 2021 | 6.73% |
| Jun 30, 2021 | 10.08% |
| Mar 31, 2021 | 10.25% |
NorthEast Community Bancorp Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=NECB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "NECB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=NECB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();