Northeast Community Bancorp reports Q2 GAAP EPS of $0.72 and revenue of $25.29M, missing estimates by $0.07 and $1.8M respectively.
Northeast Community Bancorp posted Q2 GAAP earnings per share of $0.72, missing estimates by $0.07. Revenue reached $25.29M, down 2.5% year-over-year and $1.8M below expectations.
The bank’s cash and cash equivalents declined by $7.8 million, or 9.6%, to $73.4 million at June 30, 2026, from $81.2 million at December 31, 2025. The revenue miss reflects ongoing challenges in generating top-line growth.
No immediate market reaction was disclosed in the release.