NBN vs. NECB

Last updated Jun 3, 2026

NBN (Northeast Bank) and NECB (Northeast Community Bancorp, Inc.) are both stocks. Both operate in the Banks - Regional industry within the Financial Services sector. Over the past 10 years, NBN returned 27.49%/yr vs 19.87%/yr for NECB. At a 0.14 correlation, their price movements are largely independent.

Performance

NBN vs. NECB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Northeast Bank (NBN) and Northeast Community Bancorp, Inc. (NECB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NBN achieves a 16.66% return, which is significantly higher than NECB's 10.31% return. Over the past 10 years, NBN has outperformed NECB with an annualized return of 27.49%, while NECB has yielded a comparatively lower 19.87% annualized return.

NBN

• 1D: -0.36%
• 1M: -3.09%
• YTD: 16.66%
• 6M: 35.55%
• 1Y: 48.28%
• 3Y*: 48.87%
• 5Y*: 32.32%
• 10Y*: 27.49%

NECB

• 1D: 1.20%
• 1M: 1.53%
• YTD: 10.31%
• 6M: 16.82%
• 1Y: 14.78%
• 3Y*: 25.26%
• 5Y*: 18.88%
• 10Y*: 19.87%

*Multi-year figures are annualized to reflect compound growth (CAGR)

NBN vs. NECB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NBN Northeast Bank	16.66%	13.35%	66.31%	31.21%	17.95%	58.86%	2.63%	31.69%	-27.59%	77.10%
NECB Northeast Community Bancorp, Inc.	10.31%	-3.51%	41.77%	20.41%	38.91%	10.09%	16.28%	9.72%	11.13%	29.67%

Correlation

The correlation between NBN and NECB is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.42
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jul 7, 2006	0.14

Over the past year, NBN and NECB have become more correlated (0.60) than their long-term average of 0.14, meaning their price movements have been converging.

Fundamentals

Market Cap NBN : $1.02B NECB : $331.56M
EPS NBN : $11.67 NECB : $2.49
PE Ratio NBN : 10.38 NECB : 9.84
PEG Ratio NBN : 1.16 NECB : 0.18
PS Ratio NBN : 2.72 NECB : 2.85
PB Ratio NBN : 1.80 NECB : 0.93
Total Revenue (TTM) NBN : $375.47M NECB : $116.88M
Gross Profit (TTM) NBN : $226.92M NECB : $77.77M
EBITDA (TTM) NBN : $144.04M NECB : $48.19M

Return for Risk

NBN vs. NECB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NBN

NBN Risk / Return Rank: 74
NBN Sharpe Ratio Rank: 79
NBN Sortino Ratio Rank: 75
NBN Omega Ratio Rank: 73
NBN Calmar Ratio Rank: 70
NBN Martin Ratio Rank: 72

NECB

NECB Risk / Return Rank: 55
NECB Sharpe Ratio Rank: 59
NECB Sortino Ratio Rank: 53
NECB Omega Ratio Rank: 50
NECB Calmar Ratio Rank: 56
NECB Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NBN vs. NECB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Northeast Bank (NBN) and Northeast Community Bancorp, Inc. (NECB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NBN	NECB	Difference
Sharpe ratio Return per unit of total volatility	1.40	0.56	+0.84
Sortino ratio Return per unit of downside risk	2.01	1.01	+1.00
Omega ratio Gain probability vs. loss probability	1.25	1.11	+0.14
Calmar ratio Return relative to maximum drawdown	1.62	0.71	+0.91
Martin ratio Return relative to average drawdown	4.17	1.45	+2.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NBN vs. NECB - Sharpe Ratio Comparison

The current NBN Sharpe Ratio is 1.40, which is higher than the NECB Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of NBN and NECB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	NBN	NECB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.40	0.56	+0.84
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.99	0.76	+0.22
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	0.69	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.27	0.23	+0.03

Drawdowns

NBN vs. NECB - Drawdown Comparison

The maximum NBN drawdown since its inception was -70.51%, which is greater than NECB's maximum drawdown of -61.91%. Use the drawdown chart below to compare losses from any high point for NBN and NECB.

Drawdown Indicators

	NBN	NECB	Difference
Max Drawdown Largest peak-to-trough decline	-70.51%	-61.91%	-8.60%
Max Drawdown (1Y) Largest decline over 1 year	-27.57%	-18.77%	-8.80%
Max Drawdown (3Y) Largest decline over 3 years	-27.57%	-34.54%	+6.97%
Max Drawdown (5Y) Largest decline over 5 years	-29.30%	-34.54%	+5.24%
Max Drawdown (10Y) Largest decline over 10 years	-70.25%	-47.80%	-22.45%
Current Drawdown Current decline from peak	-6.17%	-16.31%	+10.14%
Average Drawdown Average peak-to-trough decline	-23.74%	-24.88%	+1.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	10.72%	9.19%	+1.53%

Volatility

NBN vs. NECB - Volatility Comparison

Northeast Bank (NBN) has a higher volatility of 8.99% compared to Northeast Community Bancorp, Inc. (NECB) at 5.25%. This indicates that NBN's price experiences larger fluctuations and is considered to be riskier than NECB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NBN	NECB	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.99%	5.25%	+3.74%
Volatility (6M) Calculated over the trailing 6-month period	23.67%	16.21%	+7.46%
Volatility (1Y) Calculated over the trailing 1-year period	34.83%	26.66%	+8.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.87%	24.86%	+8.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	40.75%	29.11%	+11.64%

Dividends

NBN vs. NECB - Dividend Comparison

NBN's dividend yield for the trailing twelve months is around 0.03%, less than NECB's 4.08% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NBN Northeast Bank	0.03%	0.04%	0.04%	0.07%	0.10%	0.11%	0.18%	0.18%	0.24%	0.17%	0.31%	0.38%
NECB Northeast Community Bancorp, Inc.	4.08%	4.20%	2.29%	1.01%	2.82%	1.82%	1.09%	1.00%	1.08%	1.19%	1.52%	1.69%

Financials

Frequently Asked Questions

Can I hold both NBN and NECB in my portfolio?

NBN and NECB have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NBN or NECB?

NBN has higher volatility (8.99%) compared to NECB (5.25%). In terms of maximum drawdown, NBN dropped -70.51% vs NECB's -61.91%.

Which has better risk-adjusted returns?

NBN currently has the higher Sharpe Ratio (1.40 vs 0.56), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.