Paasa Logo
Northeast Community Bancorp, Inc. logo
NECBNASDAQMarket closedOpens 9:30am ET

Northeast Community Bancorp, Inc.

$26.77Last updated
+$0.14 (0.53%)Past day
Timezone

Northeast Community Bancorp, Inc. (NASDAQ: NECB) is trading at $26.77, about ₹2,570 at today's USD/INR rate, as of 25 Sep 2026, 4:00 PM ET, up 0.53% today. Indian residents can buy Northeast Community Bancorp from India on Paasa under the RBI's Liberalised Remittance Scheme.

Quote

Open:$26.72
Previous close:$26.63
Volume:34.63K

Today's low

$26.59

Today's high

$27.15

52 week low

$19.27

52 week high

$28.94

NECB opened at $26.72, closed previously at $26.63, and has traded between $19.27 and $28.94 over the past 52 weeks.

About

Northeast Community Bancorp, Inc. functions as the parent entity for NorthEast Community Bank, a financial institution serving both individual clients and corporate entities. Its offerings include a range of deposit options such as checking accounts, money market accounts, standard savings accounts, and non-interest-bearing current accounts. The company also extends credit through various loan products, covering construction projects, commercial and industrial ventures, multi-family and mixed-use properties, general non-residential real estate, and consumer financing. Furthermore, it strategically invests in highly liquid assets. These encompass U.S. Treasury bonds, municipal bonds, funds deposited with the Federal Home Loan Bank of New York, certificates of deposit from institutions with federal insurance, and debt instruments issued by different federal agencies and state or local governments. Beyond banking, it provides specialized financial guidance, including investment advisory and financial planning services, along with offering life insurance policies and annuities with fixed interest rates. Its physical presence includes seven full-service branches across New York and three in Massachusetts, complemented by loan origination offices located in White Plains and New City, New York, and Danvers, Massachusetts. Established in 1934, the company's headquarters are situated in White Plains, New York.

Country
US
CEO
Kenneth A. Martinek
Exchange listed on
NASDAQ
Industry
Banks - Regional
Base currency
USD
Full Time Employees
140
Sector
Financial Services
IPO date
06/07/2006

Key statistics

Avg. volume

43.66K

Market cap

$369.84M

P/E Ratio

8.31

Price-to-sales ratio

2.43

Enterprise value

$555.29M

Free cash flow yield

13.15%

Debt-to-equity ratio

0.54

Return on equity

12.00%

ROIC

7.57%

Beta

0.35

Dividend yield

3.92%

Last dividend

$1.05

Financial overview

Revenue

$157.37M

Earnings per share

$3.35

Free cash flow

$50.84M

Net profit margin

27.87%

Gross margin

66.99%

EBITDA

$63.43M

Revenue growth

-1.55%

Similar securities

This is not an investment recommendation

How to buy Northeast Community Bancorp from India

Indian residents can buy Northeast Community Bancorp shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.

  1. Open a Paasa account

    Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Add funds under LRS

    Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.

  3. Search for Northeast Community Bancorp and place an order

    Find Northeast Community Bancorp by name or by its ticker, NECB, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Northeast Community Bancorp trades 7:00 pm – 1:30 am IST; orders can only execute during that window.

  4. Track holdings and download tax reports

    Follow your Northeast Community Bancorp position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.

Read the full guide: how to invest in Northeast Community Bancorp from India

Trading and taxes when buying Northeast Community Bancorp from India

Trading and limits

Trading hours
9:30 am – 4:00 pm ET
LRS limit
$250,000Per financial year, under the RBI's Liberalised Remittance Scheme.

Tax for Indian residents

TCS on remittance
20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
Capital gains in India
12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Dividends
Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Northeast Community Bancorp’s current yield is 3.92%.Dividend tax explained
US estate tax
May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator

Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

FAQs

Can Indian residents buy Northeast Community Bancorp stock?

Yes. Northeast Community Bancorp (NECB) has been listed on NASDAQ since 2006, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.

How much does one Northeast Community Bancorp share cost in rupees?

One Northeast Community Bancorp share is $26.77 — about ₹2,570 at a USD/INR rate of 96.02 on 24 Sep 2026. Both the Northeast Community Bancorp price and the rupee rate move during the day, so the rupee cost changes with them.

What are the LRS and TCS rules for buying Northeast Community Bancorp from India?

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Can I buy whole shares of Northeast Community Bancorp?

Yes. One Northeast Community Bancorp share is $26.77, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Northeast Community Bancorp.

How are gains on Northeast Community Bancorp shares taxed in India?

The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Northeast Community Bancorp price. Paasa issues a capital-gains statement for your return.

Does Northeast Community Bancorp pay a dividend, and how is it taxed in India?

Yes. Northeast Community Bancorp pays a dividend and the current yield is 3.92%; the last declared dividend was $1.05 per share, about ₹100.82. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

When can I trade Northeast Community Bancorp from India?

NASDAQ trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.

Is there estate or inheritance tax on Northeast Community Bancorp shares held from India?

US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.

Do I have to declare Northeast Community Bancorp shares in my Indian tax return?

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Northeast Community Bancorp holding, its cost and its closing value.

How do I sell Northeast Community Bancorp and bring the money back to India?

You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.