Donald Hom - Northeast Community CFO

NECB Stock  USD 30.61  0.49  1.63%   

CFO

Mr. Donald S. Hom was appointed as Chief Financial Officer, Executive Vice President, Treasurer of Northeast Community Bancorp, Inc., and its whollyowned subsidiary, Northeast Community Bank and Northeast Community Bancorp, MHC effective September 26, 2013 since 2013.
Age 69
Tenure 11 years
Address 325 Hamilton Avenue, White Plains, NY, United States, 10601
Phone914 684 2500
Webhttps://www.necommunitybank.com
Hom served as Senior Vice President and Treasurer of the Company and the Bank since 2006 and as Senior Vice President, Treasurer and Interim Chief Financial Officer of the Company, the Bank and the MHC since July 2013.

Donald Hom Latest Insider Activity

Tracking and analyzing the buying and selling activities of Donald Hom against Northeast Community stock is an integral part of due diligence when investing in Northeast Community. Donald Hom insider activity provides valuable insight into whether Northeast Community is net buyers or sellers over its current business cycle. Note, Northeast Community insiders must abide by specific rules, including filing SEC forms every time they buy or sell Northeast Community'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Northeast Community Management Efficiency

The company has return on total asset (ROA) of 0.0266 % which means that it generated a profit of $0.0266 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1682 %, meaning that it created $0.1682 on every $100 dollars invested by stockholders. Northeast Community's management efficiency ratios could be used to measure how well Northeast Community manages its routine affairs as well as how well it operates its assets and liabilities. At present, Northeast Community's Return On Tangible Assets are projected to increase slightly based on the last few years of reporting. The current year's Return On Assets is expected to grow to 0.03, whereas Return On Capital Employed is forecasted to decline to 0.03. At present, Northeast Community's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 1.7 B, whereas Non Current Assets Total are forecasted to decline to about 82.3 M.
Northeast Community Bancorp currently holds 69.2 M in liabilities with Debt to Equity (D/E) ratio of 3.97, implying the company greatly relies on financing operations through barrowing. Note, when we think about Northeast Community's use of debt, we should always consider it together with its cash and equity.

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Northeast Community Bancorp, Inc. operates as the holding company for NorthEast Community Bank that provides financial services for individuals and businesses. The company was founded in 1934 and is based in White Plains, New York. Northeast Community operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 128 people. Northeast Community Bancorp (NECB) is traded on NASDAQ Exchange in USA. It is located in 325 Hamilton Avenue, White Plains, NY, United States, 10601 and employs 135 people. Northeast Community is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Northeast Community Leadership Team

Elected by the shareholders, the Northeast Community's board of directors comprises two types of representatives: Northeast Community inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Northeast. The board's role is to monitor Northeast Community's management team and ensure that shareholders' interests are well served. Northeast Community's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Northeast Community's outside directors are responsible for providing unbiased perspectives on the board's policies.
Charles Martinek, Independent Director
Donald Hom, CFO, Principal Accounting Officer, Treasurer of Northeast Community Bank, CFO of Northeast Community Bank, Executive VP, Executive VP of Northeast Community Bank and Treasurer
Kenneth Martinek, Chairman, CEO, Chairman of Northeast Community Bank, CEO of Northeast Community Bank and CEO of Northeast Community Bancorp MHC
Jose Collazo, President, COO, Director and President of Northeast Community Bank, COO of Northeast Community Bank and Director of Northeast Community Bank
Anne StevensonDeBlasi, Corporate Secretary

Northeast Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Northeast Community a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

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When determining whether Northeast Community offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Northeast Community's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Northeast Community Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Northeast Community Bancorp Stock:
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Northeast Community. If investors know Northeast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Northeast Community listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.188
Dividend Share
0.41
Earnings Share
3.69
Revenue Per Share
8.109
Quarterly Revenue Growth
0.093
The market value of Northeast Community is measured differently than its book value, which is the value of Northeast that is recorded on the company's balance sheet. Investors also form their own opinion of Northeast Community's value that differs from its market value or its book value, called intrinsic value, which is Northeast Community's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Northeast Community's market value can be influenced by many factors that don't directly affect Northeast Community's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Northeast Community's value and its price as these two are different measures arrived at by different means. Investors typically determine if Northeast Community is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Northeast Community's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.