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

Flagstar Financial, 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.

New York Community Bancorp reported a surprise earnings miss and a massive dividend cut, causing shares to tank 40% premarket. Despite the negative news, New York Community Bancorp shares are a buy at $6.00, with potential for a rebound in the coming weeks and months. The bank's asset quality improved, but there are concerns about exposure to commercial real estate and the office sector.

New York Community Bancorp Collapses On Massive Dividend Cut, Now What?

NYCB built up capital after acquiring most of the failed Signature Bank in last year's crisis.

New York Community Bancorp Stock Plunges 35%, Reigniting Fears for Regional Banks

New York Community Bancorp, Inc. (NYSE:NYCB ) Q4 2023 Earnings Conference Call January 31, 2024 8:30 AM ET Company Participants Sal DiMartino – Chief of Staff and Vice President-Investor Relations Thomas Cangemi – President and CEO John Pinto – Chief Financial Officer Reggie Davis – President-Banking Conference Call Participants Ebrahim Poonawala – Bank of America Steven Alexopoulos – J.P. Morgan Dave Rochester – Compass Point Casey Haire – Jefferies Chris McGratty – KBW Christopher Marinac – Janney Montgomery Scott Steve Moss – Raymond James Manan Gosalia – Morgan Stanley David Smith – Autonomous Research Brody Preston – UBS Matthew Breese – Stephens Bernard von-Gizycki – Deutsche Bank Jon Arfstrom – RBC Capital Markets Operator Hello and thank you for standing by.

New York Community Bancorp, Inc. (NYCB) Q4 2023 Earnings Call Transcript

New York Community Bank's year of rapid expansion caught up with it in the fourth quarter, resulting in a surprise loss. The bank is cutting its dividend and taking other steps to shore up its balance sheet.

Why New York Community Bancorp Stock Is Plunging Today

New York Community Bancorp dived Wednesday on a surprise loss as it bulks up reserves. Treasury yields are falling.

New York Community Bancorp Dives. That's Moving Treasury Yields, Fed Odds.

Although the revenue and EPS for New York Community Bancorp (NYCB) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

New York Community Bancorp (NYCB) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

New York Community Bancorp, Inc. reported a net loss of $252 million for Q4-2023, alongside a massive dividend reduction. The company's metrics do not portray it in a positive light compared to its peers, with worse charge-offs and a lower CET1 ratio. We dissect the situation in light of the 35% drop in the pre-market action.

New York Community Bancorp: Tanks A Lot For The Dividend Cut

New York Community Bancorp (NYCB) came out with a quarterly loss of $0.27 per share versus the Zacks Consensus Estimate of $0.29. This compares to earnings of $0.25 per share a year ago.

New York Community Bancorp (NYCB) Reports Q4 Loss, Lags Revenue Estimates

New York Community Bancorp Inc.'s stock fell sharply on heavy volume in premarket trading on Wednesday after it said it would cut its dividend by more than two-thirds as it builds up capital to meet regulatory requirements as a larger bank.

New York Community Bancorp stock slides as it cuts dividend, posts surprise loss

FULL YEAR PERFORMANCE REFLECTS SIGNIFICANT ACHIEVEMENTS ARISING FROM TWO TRANSFORMATIONAL ACQUISITIONS ANNOUNCES DECISIVE ACTIONS TO BUILD CAPITAL, REINFORCE THE BALANCE SHEET AND STRENGTHEN RISK MANAGEMENT PROCESSES AS COMPANY JOINS THE $100 BILLION LARGE BANK CATEGORY FULL-YEAR 2023 NET INCOME OF $2.4 BILLION AND DILUTED EPS OF   $3.24; AS ADJUSTED, DILUTED EPS OF $0.80 RESERVE BUILD RESULTED IN FOURTH QUARTER 2023 NET LOSS OF $252 MILLION AND DILUTED EPS OF $(0.36); AS ADJUSTED, DILUTED EPS OF $(0.27) BOARD OF DIRECTORS DECLARES A $0.05 DIVIDEND PER COMMON SHARE TO ACCELERATE CAPITAL BUILD Fourth Quarter and Full-Year 2023 Summary •          Net Income: –          Fourth-quarter 2023 net loss available to common stockholders was $260 million compared to net income available to common stockholders of $199 million in third-quarter 2023. –          As adjusted, fourth-quarter 2023 net loss available to common stockholders was $193 million compared to net income available to common stockholders of $266 million in third-quarter 2023.

NEW YORK COMMUNITY BANCORP, INC. REPORTS RECORD RESULTS FOR 2023

Evaluate the expected performance of New York Community Bancorp (NYCB) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

New York Community Bancorp (NYCB) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Preferred Bank

Valley National

After 11 interest rate hikes that started with a 0.25% increase in March 2022 and ended with a 0.25% increase in July 2023, the Federal Reserve has left rates unchanged for three consecutive meetings. That's good news for bank stocks.

Bank Stocks Are Back in Business: 3 Picks to Ride the Wave of Coming Rate Cuts

New York Community Bancorp (NYCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

New York Community Bancorp (NYCB) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

HICKSVILLE, N.Y. , Jan. 12, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that it expects to issue its earnings release for the three and twelve months ended December 31, 2023 at approximately 7:00 a.m.

NEW YORK COMMUNITY BANCORP, INC. TO REPORT FOURTH QUARTER 2023 EARNINGS AND HOST CONFERENCE CALL ON JANUARY 31ST

An increase in expenses and deteriorated asset quality are major near-term headwinds for New York Community (NYCB).

New York Community (NYCB) Hurt by Weak Asset Quality, High Costs

Ardmore Shipping

Bancolombia

Cementos Pacasmayo

DHT Holdings

Enterprise Products Partners

Energy Transfer LP Unit

Euronav

FS KKR Capital Corp

ICL-Israel Chemicals

Altria

MPLX

Blue Owl Capital Corp

Petroleo Brasileiro

Sociedad Quimica Y Minera De Chile

TORM

Large Cap Value is a value ranking strategy that looks at the price of a stock relative to measurements of intrinsic firm value. The Ben Graham Formula strategy selects ultra-stable stocks based on a screen in Graham's book, "The Intelligent Investor." 56 out of 71 All-Star-Value Dividend stocks offer annual dividends exceeding their price per share.

71 Ben Graham January Value Stocks, 56 Jazzed Buys

Amid the uncertain macroeconomic backdrop, it becomes difficult for investors to generate robust returns. So, they should keep an eye on high dividend-yielding stocks like New York Community (NYCB).

Is New York Community (NYCB) Worth a Look on 6.7% Dividend Yield?

New York Community Bancorp (NYCB) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

New York Community Bancorp (NYCB) Soars 6.9%: Is Further Upside Left in the Stock?

Shares of New York Community Bank have fallen 30.24% in the second half of 2023. Analyst David Chiaverini downgraded NYCB to underperform from Neutral on November 14. The banking sector faces risks from potential interest rate cuts and a real estate crisis, but NYCB is undervalued and offers a high dividend yield.

New York Community Bank Has Fell Further Into Value Territory Yielding 6.85%

HSBC Holdings

Dorian LPG

Magic Software Enterprises

Nu Skin Enterprises

Sibanye Stillwater

"Value ranking, looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed." - YCharts Value Screener. 70 December Value large caps and Graham formula-derived results reflect established value-stock detection-criteria. Of those, 56 met the dogcatcher-Delirious-ideal of dividends from $1K invested, exceeding their single-share-stock-prices. Representing nine-of-eleven Morningstar Sectors, all 56 ideal value-picks pay regular-dividends. Broker-target-top-ten net-gains ranged 30.91%-70.83%, topped by SBSW & SQM, as-of 11/21/23.

56 Delicious December Value Buys From Ben Graham's Formula

Investors need to pay close attention to New York Community (NYCB) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in New York Community (NYCB) Stock?

Wedbush Securities on Tuesday downgraded New York Community Bancorp to underperform from neutral in its second ratings cut this month of the lender.

New York Community Bancorp downgraded to underperform on ‘bleak' outlook for rent-regulated multifamily housing

ERIC HOWELL TO TRANSITION TO A NON-EXECUTIVE ADVISORY ROLE HICKSVILLE, N.Y. , Nov. 9, 2023 /PRNewswire/ -- Flagstar Bank, N.A.

JASON BIRNBAUM APPOINTED PRESIDENT OF THE PRIVATE BANK AT FLAGSTAR BANK, N.A.

Bank of America

First Horizon National

Goldman Sachs

JPMorgan Chase & Co

Invesco KBW Bank ETF

M&T Bank

Truist Financial

Western Alliance Bancorporation

Wells Fargo

Zions Bancorp

The SPDR S&P Regional Banking ETF NYSEARCA: KRE closed 1.08% lower on November 6, after a privately held regional bank was closed by the Iowa Division of Banking.

Banking and trucking: Is the economy rolling toward troubles?

Citigroup

ConnectOne Bancorp

Fifth Third Bancorp

SPDR S&P Regional Banking ETF

Washington Federal

Financial Select Sector SPDR Fund

The clouds over bank stocks aren't expected to clear anytime soon, fund manager Dave Ellison said, but some names remain attractive based on valuation.

News for New York Community Bancorp Stock (NYCB)