Stocks/ECBK

ECBK

ECB Bancorp, Inc.
Financial Services·Banks - Regional
$18.26
$160M market cap
Revenue
$43.3M
Free Cash Flow
$6.7M
Rev Growth
+0.0%
FCF Margin
15.4%
P/FCF
24.0x
EV/FCF
62.7x
Fwd EV/EBITDA
--
Fair Value
--
Upside
--

ECB Bancorp, Inc. focuses on operating as a holding company for Everett Co-operative Bank that provides various banking products and services. The company accepts various deposit products, including certificate of deposit accounts, IRAs, money market accounts, savings accounts, demand deposit accounts, and interest-bearing and noninterest-bearing checking accounts. It also offers one- to four-family residential real estate, commercial real estate and multifamily real estate, construction and lan

2-Year Price History

$18.33+48.2%
$13$14$15$16$17$18volJun 24Oct 24Jan 25May 25Sep 25Jan 26May 26

Quarterly Financials & Projections

Quarterly Waterfall ($ M)
PeriodRevEBITDAOpInNIOCFFCFCapExCashDebtSharesROICIntCovEV/EBITDA
Act2026-Q121.94.34.33.12.82.8-0.03.0260.88.33.9%0.4x--
Act2025-Q421.43.63.52.63.93.9-0.1103.8284.88.33.0%0.3x--

Valuation & Metrics

Market Stats

Price$18.26
Market Cap$160M
Enterprise Value$418M
P/S Ratio3.7x
P/FCF24.0x
EV/FCF62.7x
FCF Margin (TTM)15.4%
FCF Yield4.2%
Dividend Yield (TTM)--
Annual Dilution0.0%
CurrencyUSD

TTM Financial Snapshot

Revenue$43.3M
Net Income$5.7M
Free Cash Flow$6.7M

Revenue Growth (YoY)+0.0%
EBITDA Margin18.0%
Net Margin13.2%
FCF Margin15.4%
CapEx % of Revenue0.2%
SBC % of Revenue1.1%
ROIC3.5%
WC Change % Rev-0.3%
Interest Coverage0.3x

Forward Outlook & Risk

Short Interest

Short % of Float--
Short Shares0.2M
Days to Cover20.7
Change (vs Prior)-1.3%
Need at least 2 settlement dates for chart

Employees

Headcount64
Revenue / Employee$677,203
Gross Profit / Employee$301,234

Institutional Ownership

Headline & net flow

NEUTRAL
Net flow · still filing
No float data — flow unavailable.

Ownership composition

Active
15.8%(+2.4% YoY)
50 filers
hedge / family / endowment
Retail funds
Fidelity, Schwab, 401(k)
Passive
12.2%(+5.3% YoY)
8 filers
Vanguard, iShares, SPDR
Market makers
0.0%(-0.4% YoY)
1 filers
Citadel, Susquehanna
Insiders
Form 4 — latest per insider
0%25%50%75%100%2022-092023-062024-032024-122025-092026-03
ActiveRetail fundsPassiveMarket makersRetail direct

Top holders

Fund$ valueCost basisΔ QoQΔ YoYα lifeFund AUM
ALLIANCEBERNSTEIN L.P.$13.7M$13.75−$184K−$1.5M-0.3%$307.70B
BlackRock, Inc.Passive$6.6M$15.16−$87K+$4.2M-0.2%$5.69T
VANGUARD CAPITAL MANAGEMENT LLCPassive$6.4M$16.73+$6.4M+$6.4M$4.04T
GEODE CAPITAL MANAGEMENT, LLCPassive$2.6M$14.84−$276K+$1.2M+2.3%$1.61T
Sachetta, LLC$2.0M$12.82+$0+$60K-0.7%$184M
RENAISSANCE TECHNOLOGIES LLC$1.5M$13.94−$76K+$582K+1.2%$63.91B
STATE STREET CORPPassive$1.3M$15.58+$72K+$1.0M-0.2%$2.89T
NORTHERN TRUST CORPPassive$1.1M$14.77+$19K+$567K-0.2%$755.34B
Oppenheimer & Close, LLC$1.0M$14.46+$0+$0+1.1%$159M
MALTESE CAPITAL MANAGEMENT LLC$923K$14.58+$162K+$162K-0.6%$508M
Covalent Partners LLC$837K$17.17+$284K+$837K-1.1%$11.3M
Minerva Advisors LLC$835K$13.04+$0+$0-1.8%$155M
VANGUARD FIDUCIARY TRUST COPassive$811K$16.73+$811K+$811K$395.83B
MORGAN STANLEY$734K$15.58−$41K+$679K-0.3%$1.65T
VANGUARD PORTFOLIO MANAGEMENT LLCPassive$724K$16.73+$724K+$724K$1.91T
HighTower Advisors, LLC$719K$13.80+$0+$134K-0.2%$93.93B
GOLDMAN SACHS GROUP INC$520K$16.66+$173K+$520K-0.2%$760.93B
CHARLES SCHWAB INVESTMENT MANAGEMENT INC$339K$15.44−$59K+$339K+0.7%$645.81B
GRIMES & COMPANY, INC.$335K$11.33+$0+$0-0.3%$3.61B
Stilwell Value LLC$335K$14.39+$0+$0-0.3%$96.1M
Cost basis is a volume-weighted estimate from accumulation periods within our 13F history; holders who built their position before our window started will show a stale basis. % above the cost basis is the unrealized gain at the current price.

Trading behavior

Smart-money alpha (lifetime, %/qtr)BEARISH
Holders
-0.24%
avg per quarter
Holders (ex-self)
-0.23%
excl. this stock
Buyers (this Q)
-0.69%
21 buyers · $0.01B in
Sellers (this Q)
+0.01%
22 sellers · $0.00B out
alpha coverage: 82% of $ has a lifetime-alpha record
Holder behavior on this stocksource: stock
On big dips (−10%+)
-11.7%
how holders react when this stock falls
On quiet Qs
+0.8%
−10% to +10% baseline
On rallies (+10%+)
+32.5%
how they react when this stock rises
Holders' portfolio flow this Q
+1.9%
inflows — adds are organic
Sellers' portfolio flow this Q
+2.8%
Sellers grew AUM elsewhere — opinionated cut of this stock.
▸ Compare to holder-profile behavior (across all their stocks)
Holder dip (any stock)
-6.4%
Holder mid (any stock)
-4.0%
Holder rally (any stock)
-4.0%

Top Holders Over Time

5-year share-count history (top 10 holders by peak, incl. exited) + price

0316K631K947K1.3M$11$13$14$16$172022-092023-062024-032024-122025-092026-03
hover the chart for per-quarter detailprice (right axis)
ALLIANCEBERNSTEIN L.P.787KRhino Investment Partners, IncSachetta, LLC119KMALTESE CAPITAL MANAGEMENT LLC55KRENAISSANCE TECHNOLOGIES LLC88KCastalian Partners, LLCOppenheimer & Close, LLC61KMinerva Advisors LLC50KCovalent Partners LLC50KMORGAN STANLEY44K

Corporate

Insider Trading (last 12mo)

Open-market only (Form 4 P-Purchase + S-Sale). Excludes grants, option exercises, tax withholding, gifts.
Officers & directors
Buys ($, 12mo)
$120K
5 txns · 3 insiders · 6,990 sh
Sells ($, 12mo)
$0
0 txns · 0 insiders · 0 sh
Recent transactions
DateSideInsiderTitleSharesPriceDollarsOwned $
2026-04-30BUYLavertu Brandonofficer: CFO40$17.89$716$580K
2026-02-09BUYSullivan Maura Ellendirector2,200$18.50$41K$105K
2025-12-09BUYSullivan Maura Ellendirector563$16.98$10K$59K
2025-12-08BUYSullivan Maura Ellendirector2,937$16.83$49K$49K
2025-09-16BUYO'Neil Richard J Jrdirector, officer: President and CEO1,250$15.85$20K$434K

Order Flow (FINRA, ~3w lag)

37.8%retail-0.3pp
6.3%dark-1.7pp
week of 2026-04-13
0%10%20%30%40%50%24-1125-0225-0525-0825-1126-0226-04retail (non-ATS)dark (ATS)
Off-exchange volume from FINRA. Retail = non-ATS (wholesaler PFOF + broker internalization). Dark = ATS (dark-pool crossing networks, institutional). Lit-exchange = remainder.

Filing Risk Analysis

Filing Risk Scores

ECB Bancorp, Inc.: Administrative shell filing lacks substantive financial disclosures for forensic evaluation.

Overall Risk
2/10
Fraud
1/10
Dilution
1/10
Insolvency
1/10
Earnings Overstated
1/10
Hidden Liabilities
1/10
Legal
1/10
Audit Warnings
1/10
Hidden Upside
1/10
Contextually Acceptable
10/10