Northeast Community Bancorp is a mid-tier holding company for Northeast Community Bank (the "Bank"). The Bank is principally engaged in attracting deposits and investing those funds into mortgage and commercial loans. When demand for loans is low, the Bank invests in debt securities. The Bank conducts banking operations from its headquarters in White Plains, NY, its three full service branches in New York City, NY, its three full service branches in the Boston, MA suburban area, its one full service branch in Rockland County, NY, its two full service branch offices in Orange County, NY and its loan production office in New City, NY, gathering deposits and lending from MA to NJ. The NECB stock yearly return is shown above.
The yearly return on the NECB stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2014 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the NECB annual return calculation with any dividends reinvested as applicable (on ex-dates).
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