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

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Earnings data Q1 2024

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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.

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The full company name is Flagstar Financial, Inc.

HICKSVILLE, N.Y. , July 17, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that it plans to issue results for the three and six months ended June 30, 2024 at approximately 7:00 a.m.

NEW YORK COMMUNITY BANCORP, INC. TO REPORT SECOND QUARTER 2024 EARNINGS AND HOST CONFERENCE CALL ON JULY 25TH

A horrible quarterly report surprised investors with a massive dividend cut in January. The bank is building capital to protect against potential losses.

Here's Why New York Community Bank Stock Is Down 68% in the First Half of 2024

New York Community Bancorp, Inc. has downgraded expectations for 2024 over the last few months. Earnings estimates beyond that are extremely optimistic in our view. The New York Community Bancorp preferred shares and depositary units provide a better return profile compared to the common.

New York Community Bancorp: A Good Time To Be Looking For An Exit

COMMON STOCK TO TRADE ON A REVERSE SPLIT-ADJUSTED BASIS  AS OF JULY 12 TH HICKSVILLE, N.Y. , July 12, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") announced today that, as previously disclosed and approved by its shareholders at the Company's annual meeting held on June 5 th and as determined by the Company's Board of Directors on June 26 th, the one-for-three reverse stock split became effective at 5:01 p.m.

NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES EFFECTIVENESS OF ONE-FOR-THREE REVERSE STOCK SPLIT

HICKSVILLE, N.Y., July 2, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") announced today that, as previously disclosed and approved by its shareholders at the Company's annual meeting held on June 5th, its Board of Directors approved the one-for-three reverse stock split.

NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES EFFECTIVE DATE FOR ONE-FOR-THREE REVERSE STOCK SPLIT

New York Community Bancorp, Inc. (NYCB) said it will go ahead with a 1-for-3 reverse stock split sometime mid-to-late July, after its board approved the move Wednesday.

New York Community Bank Plans 1-for-3 Reverse Stock Split in July

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New York Community Bancorp (NYSE: NYCB ) stock is in the news Thursday after the financial services company announced a reverse stock split. New York Community Bancorp says that it plans to enact a reverse stock split on a one-for-three basis.

NYCB Stock Alert: New York Community Bancorp Announces Reverse Stock Split

New York Community Bancorp says its board of directors has approved a one-for-three reverse stock split expected to become effective in mid-to-late July.

Embattled NYCB Is Doing a Reverse Stock Split. Shares Are Down 70% in 2024.

New York Community Bancorp Inc. said Thursday it plans to carry out a three-for-one reverse stock split in mid-to-late July.

NYCB sets reverse stock split for July

New York Community Bancorp's one-for-three reverse stock split will become effective mid-to-late July, the regional lender said on Thursday.

NYCB expects reverse stock split to take effect next month

HICKSVILLE, N.Y. , June 27, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that as previously approved by its shareholders at its annual meeting held on June 5th, its Board of Directors passed a resolution yesterday approving the one-for-three reverse stock split.

NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES BOARD APPROVAL OF ONE-FOR-THREE REVERSE STOCK SPLIT

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New York Community Bank faces bankruptcy risk with a market cap of over $3 billion, 70% below pre-disaster highs. The company focuses on fixing problem loans, building relationships, reducing expenses, and increasing fee income for long-term growth. Forecasts show potential for strong recovery with increased efficiency, EPS growth, and book value per share doubling.

New York Community Bancorp's Slow And Steady Recovery

New York Community Bancorp (NYCB) released financial information about its March acquisition of certain assets of Signature Bridge Bank, the successor to Signature Bank, from that bank's receiver, the Federal Deposit Insurance Corp. (FDIC). NYCB's wholly-owned subsidiary, Flagstar Bank, acquired assets with an estimated total fair value of $37.

NYCB Discloses Signature Bank's Total Fair Value Was $37.8 Billion

Signature Bank

New York Community Bancorp said on Thursday it acquired the assets of the failed Signature Bank with an estimated total fair value of $37.8 billion.

NYCB acquired Signature Bank assets with total fair value of $37.8 billion

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By now you have probably seen myriad headlines about an alarming level of risk that banks are facing from potential losses on their portfolios of loans secured by office buildings. But there are fallacies in many media reports.

These numbers show that banks' risk from office real estate has been exaggerated

NYCB-Flagstar saw a huge crash in its share price, following major dividend cuts amid a lack of liquidity. The new team, led by CEO Joseph Otting and former Secretary of Treasury Steven Mnuchin, is working to improve the portfolio and the operational side. Q1 2024 results showed some losses being absorbed, but the balance sheet remains stable.

New York Community Bancorp: Turnaround Story Makes Stock Attractive

Liberty Strategic Capital on Monday disclosed it held a 7.7% stake in regional lender New York Community Bancorp as of June 7.

Mnuchin's Liberty Strategic Capital reports 7.7% stake in NYCB

The U.S. Securities and Exchange Commission in April had sought additional disclosures from New York Community Bancorp in its preliminary proxy statement, regulatory filings made by the regional lender showed on Monday.

US SEC sought additional disclosures in NYCB's proxy statement, filings show

KEY PROPOSALS PASS WITH STRONG MAJORITY HICKSVILLE, N.Y. , June 5, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company"), the parent company of Flagstar Bank, N.A.

NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES PRELIMINARY RESULTS OF ANNUAL SHAREHOLDERS MEETING

New York Community Bancorp said on Tuesday it had expanded the role of its President and CEO Joseph Otting to include the title of chairman.

NYCB names CEO Joseph Otting to additional role of chairman

HICKSVILLE, N.Y. , June 4, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company"), the parent company of Flagstar Bank, N.A.

NEW YORK COMMUNITY BANCORP, INC. APPOINTS PRESIDENT AND CHIEF EXECUTIVE OFFICER JOSEPH M.

New York Community Bancorp (NYCB) reported earnings 30 days ago. What's next for the stock?

Why Is New York Community Bancorp (NYCB) Down 1.8% Since Last Earnings Report?

News for New York Community Bancorp Stock (NYCB)