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.

HICKSVILLE, N.Y. , Sept. 16, 2024 /PRNewswire/ -- Flagstar Bank, N.A.

FLAGSTAR BANK EXPANDS COMMERCIAL AND PRIVATE BANKING LEADERSHIP TEAM WITH KEY EXECUTIVE APPOINTMENTS

New York Community Bancorp almost went bankrupt, which would have wiped out shareholders, leading to some potential resentment. The company has cleaned up its balance sheet, substantially increasing its ALLL, which makes 2024 a transition year for the company. NYCB should be able to grow its NII in upcoming years, which, with a cleaned balance sheet, will enable hefty shareholder returns.

New York Community Bancorp Has Great Potential And Ambitions

Bank of America fell into hard times following an ill-timed acquisition during the Great Recession. New York Community Bancorp fell into hard times following acquisitions around the 2023 bank runs.

Could New York Community Bancorp Become the Next Bank of America?

Toronto-Dominion Bank

New York Community Bancorp is working on a major business turnaround, including improving its internal controls. TD Bank is working to mend relations with U.S. regulators as it upgrades its internal controls.

Forget New York Community Bancorp; Buy This Magnificent High-Yield Bank Stock Instead

New York Community Bancorp is clearly warning investors that 2024 is a transition year for the company. The second quarter was not a pretty one for the bank on the earnings front.

Is New York Community Bancorp Stock a Buy?

New York Community Bancorp's stock and corporate bonds rallied on Tuesday, after the bank disclosed a conversion of preferred stock into common stock.

NYCB's stock and bonds rally as bank swaps preferred stock for common stock

New York Community Bancorp took significant charge-offs on its loan portfolio last year. The charge-offs, plus a goodwill impairment charge, resulted in a $2.7 billion loss in the fourth quarter.

New York Community Bancorp: Buy, Sell, or Hold?

Allegiant Travel Company

Corsair Gaming

3D Systems

GEO Group

Gap Inc

HCI Group

Innovative Industrial Properties

Jefferies Financial Group Inc

Leggett & Platt

Dorian LPG

MP Materials

Pitney Bowes

B. Riley Financial

Shoe Carnival

Super Micro Computer

SunPower

Texas Pacific Land Trust

Walgreens

XPEL

Difficult-to-short stocks are likely to lag the market. Few investors are aware of this tendency, much less act on it, because they instead focus on finding stocks that can outperform the market.

20 stocks the bears can't easily short — and that's why you shouldn't buy them

HICKSVILLE, N.Y. , Aug. 2, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that it has approved employment inducement awards for two individuals who have recently become executives of the Company.

NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES ADDITIONAL INDUCEMENT AWARDS

New York Community Bancorp faces continual challenges with its commercial loan book. The lender's second-quarter results showed pressure on net income as well as persistent credit quality issues, especially in the multi-family business. The bank is making progress, selling non-core assets to remove risk from its balance sheet and shore up its liquidity.

New York Community Bancorp: High Safety Margin

Shares of New York Community Bancorp, Inc. NYCB were climbing on Friday, after the company reported its second-quarter results. The company had agreed in May to sell around $5 billion in mortgage warehouse loans to JPMorgan Chase & Co JPM.

New York Community Bancorp's 'Credit Story Remains Fluid': Analysts React To Q2 Results

New York Community's (NYCB) Q2 results reflect the impacts of the rise in provisions and expenses. A fall in fee income and lower loan balance further affects its performance.

New York Community (NYCB) Reports Loss in Q2, Stock Tanks 3%

NYCB reported a wider-than-expected Q2 earnings loss of $1.05/share, with deposits growing 5.6% and provisions for credit losses at $390 million. Despite challenges in loan portfolio quality and higher cost of funds, NYCB's liquidity remains strong, with potential for earnings recovery in 18 months. Risks include the potential for higher loan loss allowances, but overall, NYCB is a value play with favorable risk/reward profile and potential for 29% IRR over two years.

New York Community Bancorp Q2 Earnings: Lots Of Noise But It Should Survive

New York Community Bancorp (NYCB) shares fell Thursday after the troubled regional bank's path to profitability was muddied by disappointing second-quarter earnings results.

NYCB Faces a Tough Road to Profitability

New York Community Bancorp, Inc. (NYSE:NYCB ) Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET Company Participants Sal DiMartino - Director of Investor Relations Joseph Otting - President & Chief Executive Officer Craig Gifford - Chief Financial Officer Conference Call Participants Ebrahim Poonawala - Bank of America Casey Haire - Jefferies Mark Fitzgibbon - Piper Sandler Manan Gosalia - Morgan Stanley Bernard Von Gizycki - Deutsche Bank Jared Shaw - Barclays Steve Moss - Raymond James Chris McGratty - KBW Matthew Breese - Stephens Jon Arfstrom - RBC Capital Markets Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.

New York Community Bancorp, Inc. (NYCB) Q2 2024 Earnings Call Transcript

The headline numbers for New York Community Bancorp (NYCB) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

New York Community Bancorp (NYCB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

New York Community Bancorp (NYCB) came out with a quarterly loss of $1.05 per share versus the Zacks Consensus Estimate of a loss of $0.38. This compares to earnings of $1.41 per share a year ago.

New York Community Bancorp (NYCB) Reports Q2 Loss, Misses Revenue Estimates

Bank sells unit for $1.4 billion as its provision for credit losses grows

NYCB stock drops on steeper-than-expected losses on office and multi-family loans

New York Community Bancorp's unit Flagstar Bank is selling its residential mortgage servicing business to non-bank mortgage platform to Mr. Cooper for nearly $1.4 billion, it said on Thursday.

NYCB's Flagstar to sell residential mortgage service for $1.4 bln

SIMPLIFYING AND STRENGTHENING BALANCE SHEET THROUGH SALE OF NON-CORE BUSINESSES CONTINUED IMPROVEMENT IN CAPITAL LEVELS AND LIQUIDITY PROFILE ALLOWANCE FOR CREDIT LOSSES IMPROVED TO 1.78% COMPARED TO 1.56% LAST QUARTER AS COMPANY PROACTIVELY ADDRESSING CREDIT RISK IN LOAN PORTFOLIO DEPOSITS INCREASED 5.6% SEQUENTIALLY INCLUDING GROWTH IN KEY FOCUS AREAS HICKSVILLE, N.Y. , July 25, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) ("the Company") today reported its results for the second quarter of 2024.

NEW YORK COMMUNITY BANCORP, INC. REPORTS SECOND QUARTER 2024 GAAP NET LOSS AVAILABLE TO COMMON STOCKHOLDERS OF $1.14 PER DILUTED SHARE AND NON-GAAP NET LOSS AVAILABLE TO COMMON STOCKHOLDERS OF $1.05 PER DILUTED SHARE

Mr. Cooper Group Inc

TRANSACTION ADDS 60 BASIS POINTS TO CET1 RATIO AND ACCELERATES TRANSITION TO A LEADING DIVERSIFIED, FULL-SERVICE REGIONAL BANK HICKSVILLE, N.Y. , July 25, 2024 /PRNewswire/ -- Flagstar Bank, N.A.

FLAGSTAR BANK, N.A. ANNOUNCES SALE OF ITS MORTGAGE SERVICING BUSINESS

HICKSVILLE, N.Y. , July 23, 2024 /PRNewswire/ -- Flagstar Bank, N.A.

NEW YORK COMMUNITY BANCORP, INC. FURTHER STRENGTHENS LEADERSHIP TEAM WITH NEW EXECUTIVE MANAGEMENT APPOINTMENTS

JPMorgan Chase & Co

Regional lender New York Community Bancorp said on Monday it had closed the sale of about $5.9 billion in mortgage warehouse loans to Wall Street giant JPMorgan Chase.

NYCB closes sale of about $6 bln mortgage warehouse loans to JPMorgan Chase

TRANSACTION INCREASES CET1 CAPITAL RATIO, BOLSTERS LIQUIDITY AND LOWERS LOAN-TO-DEPOSIT RATIO HICKSVILLE, N.Y. , July 22, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company"), the parent company of Flagstar Bank, N.A.

NEW YORK COMMUNITY BANCORP, INC. CLOSES ON THE SALE OF THE MORTGAGE WAREHOUSE LOANS TO JPMORGAN CHASE BANK, N.A.

Southern California Bancorp

Fifth Third Bancorp

Over the last 50 years, the banking industry in the United States has undergone a significant number of changes that have left it more centralized than ever. It has also left them reliant on big banks in the Federal Reserve for most people's active financial management.

News for New York Community Bancorp Stock (NYCB)