How did NECB's Q4 2024 earnings surprise impact its annual performance?

NorthEast Community (NECB) experienced a slight negative earnings surprise in Q4 2024, with an EPS surprise of -$0.02. Despite this, the bank's annual net income for 2024 was $47.07 million, which was achieved by performing well across all quarters, including Q4.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|NECB|NECB.O|NorthEast Community|2024 Q1|1.1561721807186054|1.1374E7|186|
|NECB|NECB.O|NorthEast Community|2024 Q2|15.432488500045096|1.2798E7|186|
|NECB|NECB.O|NorthEast Community|2024 Q3|7.1181288524867|1.2686E7|186|
|NECB|NECB.O|NorthEast Community|2024 Q4|-15.577225022725393|1.0216E7|186|

The negative EPS surprise in Q4 may have had some impact on the bank's annual performance, but the overall annual net income figure indicates that the bank remained profitable and stable throughout the year. The exact impact of the Q4 earnings surprise on the annual performance would depend on various factors, including the bank's revenue base, operational efficiency, and strategic initiatives. However, it is clear that NECB's annual net income of $47.07 million reflects a strong financial performance for 2024, despite the minor setback in Q4.