New York Community Bancorp

New York Community Bancorp, Inc. is a bank holding company, which engages in the provision of multi-family loans on non-luxury rent-regulated buildings that feature below-market rents. It also offers financial products and services to individuals and businesses. The company was founded on July 20, 1993, and is headquartered in Westbury, NY.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

NYCB reports record earnings, eyes tech-driven growth and rebranding

NYCB's strong performance in 2022, despite challenges, positions the company well for future growth. Strategic initiatives post-acquisition and focus on core deposits highlight a path to sustained success. Leveraging technology and focusing on commercial banking offer avenues for expansion and efficiency.

NYCB reports robust Q1 results, eyes tech growth and deposit stability

NYCB's Q1 2023 performance was strong, driven by the Flagstar acquisition and growth in loan portfolios. While facing increased expenses and potential runoff in legacy deposits, the company is well-positioned with a strong liquidity and capital position. Opportunities lie in technology initiatives, deposit growth, and reducing dependency on wholesale liabilities.

NYCB reports record earnings, eyes growth in private banking

NYCB's Q2 performance was strong, driven by acquisitions and improved margins, with a focus on deposit growth and mortgage industry opportunities.
Challenges include deposit stability concerns and decreasing asset sensitivity, but cost reductions and client returns are anticipated.
Opportunities lie in expanding private banking, EB-5 deposits, and onboarding more teams for client service and book growth.
Overall, NYCB's strategic moves position it well for growth in various banking segments and wealth management assets.

NYCB reports solid Q3 earnings, focuses on relationship banking

NYCB delivered a strong Q3 performance with solid net income, loan growth, and stable deposits.
The company's focus on relationship banking, brand enhancement, and managing interest rate changes positions it well for profitability.
Challenges include interest rate management, asset stabilization, and provisions for reserves, while opportunities exist in mortgage market expansion and credit metric management.
Overall, NYCB's strategic initiatives and financial performance demonstrate resilience and growth potential in a dynamic market.

New York Community Bancorp reports robust earnings growth and strategic focus

New York Community Bancorp's Q4 2023 earnings call highlighted strong financial performance, strategic initiatives to enhance balance sheet strength, and proactive risk management strategies. Despite short-term challenges, the bank's focus on relationship banking, regulatory compliance, and capital efficiency positions it for sustainable growth and value creation.

NYCB strengthens capital position and outlines ambitious 2026 targets

NYCB's Q1 2024 earnings call highlighted a proactive approach to fortifying its financial position, managing risks, and enhancing operational efficiency. The bank's strategic roadmap for achieving key financial targets by 2026 underscores a commitment to sustainable growth and shareholder value.

New York Community Bancorp excels in Q3, eyes growth opportunities

New York Community Bancorp demonstrated strong financial stability and strategic planning in Q3 2024, with a focus on growth and risk management.
The company's performance in expanding commercial banking, managing credit, and reducing noncore businesses highlights a commitment to efficiency and profitability.
Opportunities in refinancing activities, office transactions, and multi-family properties present avenues for growth and revenue generation for NYCB.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

The full company name is Flagstar Financial, Inc.

New York Community Bancorp's share price dropped by about 30% after announcing a $2.4B goodwill impairment, a delay in its 10-K report, and identification of material weaknesses in internal controls. The bank will lower its fourth-quarter earnings by $2.4B due to a goodwill impairment charge that wipes out its full-year income. The resignation of the bank's CEO and concerns about deposit withdrawals add to the uncertainty and potential risks for the bank.

New York Community Bancorp: Why I Doubled My Position On Friday

NEW YORK , March 2, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of New York Community Bancorp, Inc. (NYSE: NYCB) between March 1, 2023 and February 5, 2024, both dates inclusive (the "Class Period"), of the important April 8, 2024 lead plaintiff deadline. SO WHAT: If you purchased NYCB securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, NATIONAL TRIAL LAWYERS, Encourages New York Community Bancorp, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - NYCB

AvalonBay Communities

Camden Property

Essex Property Trust

Kimco Realty

Mid-America Apartment Communities

Vanguard Real Estate ETF

Whitestone REIT

REITs are today hated and heavily discounted. But things are changing rapidly and the narrative is already evolving. I explain why we think that REITs are likely to rally later this year.

Why REITs Should Rally In 2024

NEW ORLEANS, La. , March 1, 2024 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C.

NEW YORK COMMUNITY BANCORP SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against New York Community Bancorp, Inc. - NYC

Fitch Ratings has downgraded New York Community Bancorp and its bank subsidiary Flagstar Bank to 'BB+'/'B' from 'BBB-'/'F3'.

Fitch downgrades NY Community Bancorp to BB+, outlook negative

New York Community Bancorp's (NYCB) shares plunged nearly 25% Friday, a day after the company admitted to identifying "material weaknesses" in controls, reported a surprise write-off of an additional $2.4 billion loss and sacked its chief executive of nearly 30 years

What You Need To Know About New York Community Bank's Troubles

It's been a rough week for New York Community Bank (NYCB). The NY-based commercial real estate lender's stock dropped to its lowest level since 1996 at the opening of the market Friday.

NYCB in crisis: What the hell is happening with New York Community Bank?

New York Community (NYCB) announces an increase in 4Q23 earnings loss to $2.7 billion due to a $2.4-bilion goodwill impairment charge. It also identifies weaknesses in its loan review process.

New York Community (NYCB) Q4 Loss Widens on Goodwill Impairment

SPDR S&P Regional Banking ETF

New York Community Bancorp shares were falling more than 20%.

Signs of Trouble at Regional Banks Reignite Sector Fears

NEW YORK, NY / ACCESSWIRE / March 1, 2024 / If you suffered a loss on your New York Community Bancorp, Inc. (NYSE:NYCB) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/new-york-community-bancorp-lawsuit-submission-form?prid=68799&wire=1 or contact Joseph E. Levi, Esq.

Investors Who Lost Money On New York Community Bancorp, Inc.(NYCB) Should Contact Levi & Korsinsky About Pending Class Action - NYCB

The latest knock to the shares of New York Community Bancorp sent traders in the options market looking for defensive positions with renewed gusto on Friday.

As NYCB's shares dive, options traders prepare for worse

NYCB restated recent quarterly earnings lower by $2.4 billion, formally replaced its CEO and delayed the release of a key annual report.

Wall Street is worried about NYCB's loan losses and deposit levels as stock sinks below $4

New York Community holders were hit with a fresh shock overnight as the bank switched CEOs and said it had discovered problems with how it tracks loan risk. The company will miss the deadline to file its annual report as a result.

Why New York Community Bancorp Shares Are Tumbling Yet Again

The regional banking sector is staring down another potential crisis after New York Community Bank disclosed "material weakness" related to the company's internal controls.

NYCB stock plummets as bank replaces CEO, cites 'material weakness'

New York Community Bancorp (NYSE: NYCB ) stock is taking a beating on Friday after the real estate financial services company announced the departure of CEO Thomas Cangemi. Taking over the CEO position from Cangemi is executive chairman Alessandro DiNello.

NYCB Stock Alert: New York Community Plunges on CEO Departure

New York Community Bancorp on Friday named financial services veteran George Buchanan as its chief risk officer and said the material weakness in internal controls would not impact its financial results for 2023.

NYCB expands top team, says 'material weakness' will not hit 2023 results

Company Reiterates that Previously Announced Material Weaknesses Are Not Expected to Impact Full Fiscal Year 2023 Financial Results to be Included in the Form 10-K Reiterates 2023 Form 10-K Expected to Be Filed Within the Next 15 Days George F. Buchanan III – Seasoned Executive with More Than 30 Years of Risk Management and Credit Experience – Appointed Executive Vice President and Chief Risk Officer Colleen McCullum – Proven Leader with Over Two Decades of Audit and Large Bank Experience – Appointed Executive Vice President and Chief Audit Executive HICKSVILLE, N.Y.

NEW YORK COMMUNITY BANCORP, INC. CONTINUES TO STRENGTHEN MANAGEMENT TEAM AND ENHANCE RISK FRAMEWORK

New York Community Bancorp sent its shares plummeting as much as 28% in premarket trading Friday after the regional lender said has discovered “material weaknesses” in the ways it tracks loan risks and that its CEO is leaving.

NY Community Bancorp's stock plunges nearly 30% as CEO exits, bank admits weaknesses in loan oversight

Amidst last spring's banking crisis, New York Community Bank (NYSE: NYCB) seized an opportunity when a rival lender, Signature Bank, collapsed, acquiring a significant portion of its business. However, the consequences of that decision are now proving costly for the bank.

This bank's stock just crashed 20%, banking crisis 2.0?

Dell Technologies

Stock futures were little changed in premarket trading on Friday as Dell (DELL) stock surged on demand for AI servers and New York Community Bank (NYCB) tumbled after replacing its CEO amid concerns about its loan portfolio.

Dow Jones Today: Dell Soars on AI Demand; NYCB Sinks on CEO Shake-Up

Axos Financial Inc.

BankUnited

Citizens Financial Group

Comerica

Customers Bancorp

Fifth Third Bancorp

Truist Financial

Valley National

Webster Financial

Zions Bancorp

Regional bank stocks were lower across the board early Friday, dragged down by the latest bad news from New York Community Bancorp Inc. that included the disclosure of ”material weaknesses” in its accounting.

Regional bank stocks dragged down by NYCB, led by banks with exposure to New York City real estate

New York Community Bancorp Inc. “is on its to own” to figure out its accounting and other issues as it gears up to update its financials in the coming weeks.

New York Community Bancorp ‘is on its own' to work out accounting mess, says analyst

Two years of rapidly rising interest rates have driven down property prices and made it harder for banks' clients to pay off loans.

Valley National and Other Regional Banks Stocks Drop in Tandem With NYCB

New York Community Bancorp shares fell 30% before the bell on Friday after it found "material weaknesses" in internal controls related to its loan review, adding worries to investors already fretting over its commercial real estate (CRE)exposure.

NYCB shares plunge as loan review disclosure adds to CRE exposure woes

The turmoil at New York Community Bancorp continued Thursday with a string of announcements that sent shares down over 20%. It appointed a new CEO and disclosed "material weaknesses" relating to how it reviews loans.

News for New York Community Bancorp Stock (NYCB)