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.

NYCB stock has declined 14% since our last article to exit our bullish position. Q3-2023 results showed a spike in non-performing loans, and that likely bothered the market. We tell you about two ways to consider playing this.

New York Community Bancorp: Earnings Drop Improves Risk-Reward

High revenues and solid deposit balance support New York Community's (NYCB) Q3 earnings against headwinds like an increase in expenses and provisions.

New York Community (NYCB) Stock Falls Despite Q3 Earnings Beat

Start Time: 08:30 January 1, 0000 9:41 AM ET New York Community Bancorp, Inc. (NYSE:NYCB ) Q3 2023 Earnings Conference Call October 26, 2023, 08:30 AM ET Company Participants Thomas Cangemi - President and CEO John Pinto - Senior EVP and CFO Reginald Davis - Senior EVP and President of Consumer and Corporate Banking Lee Smith - Senior EVP and President of Mortgage Eric Howell - President of Commercial and Private Banking John Adams - President of Commercial Real Estate Finance Sal DiMartino - EVP, Chief of Staff to the CEO, and Director of IR Conference Call Participants David Rochester - Compass Point Ebrahim Poonawala - Bank of America Chris McGratty - KBW Janet Lee - JPMorgan Bernard von-Gizycki - Deutsche Bank Mark Fitzgibbon - Piper Sandler Broderick Preston - UBS Manan Gosalia - Morgan Stanley Casey Haire - Jefferies Matthew Breese - Stephens David Smith - Autonomous Research Steve Moss - Raymond James Christopher Marinac - Janney Montgomery Scott 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) Q3 2023 Earnings Call Transcript

The headline numbers for New York Community Bancorp (NYCB) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About New York Community Bancorp (NYCB) Q3 Earnings

New York Community Bancorp (NYCB) came out with quarterly earnings of $0.36 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to earnings of $0.31 per share a year ago.

New York Community Bancorp (NYCB) Q3 Earnings and Revenues Beat Estimates

THIRD QUARTER 2023 DILUTED EPS OF $0.27 AND $0.36 DILUTED EPS, AS ADJUSTED NET INTEREST MARGIN EXPANDED SIX BASIS POINTS SEQUENTIALLY TO 3.27%, SECOND CONSECUTIVE QUARTER ABOVE 3.00% NET INCOME AVAILABLE TO COMMON STOCKHOLDERS WAS $199 MILLION AND $266 MILLION ON AN AS ADJUSTED BASIS FUNDING COMPOSITION CONTINUES TO IMPROVE AS WHOLESALE BORROWINGS AND BROKERED DEPOSITS CONTINUE TO DECLINE Third Quarter 2023 Summary •          EPS/Net Income : –         Third quarter 2023 diluted EPS on a GAAP basis of $0.27, includes a number of merger-related items. –         As adjusted, third quarter 2023 diluted EPS were $0.36 compared to $0.47 for second quarter 2023.

NEW YORK COMMUNITY BANCORP, INC. REPORTS STRONG THIRD QUARTER 2023 RESULTS

Signature Bank

The Federal Deposit Insurance Corp. Inspector General's review of the FDIC's actions around the collapse of Signature Bank concluded in a report on Tuesday that the FDIC missed opportunities to downgrade Signature Bank's management component rating and to further escalate concerns by bank supervisors prior to a fatal run on deposits at the bank on March 10. The FDIC did not always perform supervisory actions in a timely manner, the IG report said.

FDIC Inspector General's Signature Bank report flags missed opportunities by regulators ahead of bank failure

HICKSVILLE, N.Y. , Oct. 2, 2023 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that it expects to issue its earnings release for the three and nine months ended September 30, 2023 at approximately 7:00 a.m.

NEW YORK COMMUNITY BANCORP, INC. TO REPORT THIRD QUARTER 2023 EARNINGS AND HOST CONFERENCE CALL ON OCTOBER 26TH

Banc of California

PacWest Bancorp

Valley National

Kevin O'Leary thinks that the problems for commercial real estate will negatively impact some regional banks. A large number of banks have exposure to commercial real estate that exceeds the recommended threshold.

"Shark Tank" Star Kevin O'Leary Thinks Stocks Like These Could Be in Dire Trouble

Atlantica Sustainable Infrastructure

Banco Macro

Celestica

Extreme Networks

AY, CLS, EXTR, NYCB and BMA have been added to the Zacks Rank #1 (Strong Buy) List on September 21, 2023.

New Strong Buy Stocks for September 21st

British American Tobacco

CTO Realty Growth

Golub Capital BDC

Main Street Capital

Realty Income Corp

Vici Properties

As the market waits for the Federal Reserve's next move regarding interest rates, you may wonder whether now is the time to load up on dividend stocks. After all, these types of stocks are highly sensitive to interest rate changes, rising as rates come down, but falling as rates go up.

7 Dividend Stocks That Should Be on Every Investor's Radar This Fall

Supported by solid fundamentals and good growth prospects, New York Community (NYCB) stock looks like an attractive investment option now.

Five Reasons to Invest in New York Community (NYCB) Stock Now

NEW LOGO UNITES LEGACY COMPANIES UNDER A SINGLE NAME AND CUSTOMER-CENTRIC BRAND HICKSVILLE, N.Y. , Sept. 12, 2023 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company)" and its subsidiary, Flagstar Bank, N.A.

NEW YORK COMMUNITY BANCORP, INC. UNVEILS REFRESHED LOGO & BRAND IDENTITY FOR THE NEW FLAGSTAR BANK

Associated Banc-Corp

ConnectOne Bancorp

F.N.B. Corp.

Sandy Spring Bancorp

Veritex Hld

The banking sector is not completely out of the woods from the industry crisis experienced earlier this year, but if you are a value investor, this works to your advantage investing in bank stocks. A myriad of concerns, including the steep rise in interest rates (affecting the value of bank loan and bond portfolios), big exposure to the commercial real estate sector (currently in meltdown mode), as well as the possibility of a recession next year, continue to weigh on bank stock valuations.

The 7 Most Undervalued Bank Stocks to Buy in September 2023

Axos Financial Inc.

BankUnited

Bank of Hawaii

Cadence Bank

Dime Community Bank

First Merchants

Fulton Financial

Merchants Bancorp

M&T Bank

Old National Bancorp

Bank OZK

Prosperity Bancshares

Principal Financial Group

Pinnacle Financial Partners

Synovus Financial

United Bankshares

Webster Financial

Zions Bancorp

A survey of commercial real estate exposure by U.S. regional banks reveals increasing asset risk and potential credit losses as loans mature over the next 18 months, Moody's Investors Service said.

Regional banks facing credit losses for commercial real estate: Moody's study

HICKSVILLE, N.Y. , Sept. 6, 2023 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced the appointment of Julie Signorille-Browne as Senior Executive Vice President and Chief Operating Officer.

NEW YORK COMMUNITY BANCORP, INC. PROMOTES JULIE SIGNORILLE-BROWNE TO SENIOR EXECUTIVE VICE PRESIDENT AND CHIEF OPERATING OFFICER

Capital One

JPMorgan Chase & Co

While tech juggernauts celebrated a meteoric rise in the stock market this year, the narrative wasn't quite as jubilant for financial stocks. However, amid the ebbs and flows, a few promising bank stocks defy the trends.

The 3 Most Promising Bank Stocks to Own Now

New York Community Bancorp's stock has seen strong returns, with shares currently at $12, up from the $7-$8 range in March and April when we issued a buy alert. The bank's Q2 earnings exceeded expectations, with revenues and earnings per share beating estimates. The bank has shown growth in loans and deposits, with superb asset quality.

New York Community Bancorp: Let It Ride With A House Position

Alibaba

Cigna

Coherent Corp

CVS Health

Devon Energy

iShares MSCI Japan ETF

iShares MSCI Japan Value ETF

Expedia

Franklin FTSE Japan ETF

First Republic Bank

GEO Group

Generac Holdings

JD.com

SPDR S&P Regional Banking ETF

Liberty Latin America Ltd.

Liberty Latin America

MGM Resorts

Precision Drilling

Invesco QQQ

Qurate Retail Inc

Qurate Retail Inc - Ordinary Shares - Series B

The RealReal

Michael Burry closed out most of his Q1 positions in the second quarter, reducing positions in Signet Jewelers, Liberty Latin America, and New York Community Bancorp. Burry more than doubled his position in The RealReal Inc. and added shares of The GEO Group. Burry purchased a substantial number of put contracts on the S&P 500 ETF and the Invesco Nasdaq 100 ETF and added new positions in Expedia Group, MGM Resorts International, Generac Holdings, and CVS Health Corporation.

Analyzing 13Fs: Michael Burry's Scion Asset Management Q2 Update

Columbia Banking System

East West Bancorp

Fifth Third Bancorp

PNC Financial Services

U.S. Bancorp

After Moody's cut credit ratings, regional banks are feeling the heat again. However, some smart analysts think there are select bargains in the trash bin.

6 Beaten-Up Regional Bank Stocks Ready For A Rebound

M.D.C. Holdings

United Wholesale Mortgage

UWM Holdings's yield stands above 6.4%, and its shares have skyrocketed nearly 90% year to date. New York Community Bancorp offers a dividend yield of over 5% and a stock that's up more than 50% in 2023.

These High-Yield Dividend Stocks Are Growing at Blazing Speeds

HICKSVILLE, N.Y. , Aug. 10, 2023 /PRNewswire/ -- Flagstar Bank, N.A.

FLAGSTAR BANK, N.A. HIRES MICHELE CELESTINO TO LEAD PRIVATE BANKING EXPANSION INTO FLORIDA

Goldman Sachs

Bank stocks have been thrust into the investor spotlight due to the recent Federal Reserve stress tests and the drama about regional banks. However, despite these challenging waves, a few bank stocks have kept their heads above water, drawing investors to hunt for the best bank stocks to buy.

The 3 Best Bank Stocks to Buy for August 2023

Coterra Energy

Signet Jewelers

Western Alliance Bancorporation

Zoom Video

Michael Burry, a name synonymous with legendary investing prowess, has cemented his position as one of the most prominent figures in the financial world. As the founder of Scion Asset Management, Burry rose to fame for accurately predicting the housing market collapse of 2008, earning him a fortune and widespread recognition.

Copy-trading Michael Burry portfolio generated 50% in 2023; What's inside?

First Horizon National

The U.S. banking industry faced one of its worst shocks of the past decade this March. The sudden surge in interest rates caused depositors to pull their money from some banks; meanwhile, the value of many fixed-income investments declined given the change in interest rates.

3 Cheap Bank Stocks That Smart Investors Will Snap Up Now

News for New York Community Bancorp Stock (NYCB)