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.

Alerian MLP ETF

Ares Capital

Brookfield Asset Management

Brookfield Renewable Partners

Brookfield Infrastructure Partners L.P.

Brookfield Infrastructure

VanEck Vectors BDC Income ETF

Brookfield Corp

Blackstone Group

Boston Properties

Global X SuperDividend US ETF

Enbridge

Enterprise Products Partners

Energy Transfer LP Unit

SPDR Gold Trust

Barrick Gold

SPDR S&P Regional Banking ETF

Newmont Mining

Schwab US Dividend Equity ETF

iShares Silver Trust

SPDR S&P 500 ETF Trust

Cohen & Steers Infrastructure Fund Inc

Vanguard Real Estate ETF

High-yield stocks have underperformed the broader market considerably over the past few years. However, there is some very good news for high-yield investors in the face of this negativity. We share some great opportunities to take advantage of this good news.

Very Good News For Big Dividend Stock Investors

New York Community Bancorp's stock price plunged following a dividend cut. The bank did get an important cash infusion.

Is It Too Late to Buy New York Community Bancorp Stock?

New York Community Bancorp ran into financial trouble in early 2024. The bank cut its dividend to a token $0.01 per share per quarter.

3 Things You Need to Know If You Buy New York Community Bancorp Today

New York Community Bank NYCB, Chief Operating Officer Julie-Ann Signorille-Browne will resign next week, marking the latest in a string of executive departures since a tumultuous period for the lender earlier this year.

New York Community Bank COO Julie-Ann Signorille-Browne is stepping down

Embattled lender New York Community Bancorp said on Thursday that its Chief Operating Officer Julie-Ann Signorille-Browne has resigned from her role, effective May 24.

NYCB's chief operating officer to step down

Soros Fund Management, the family office founded by billionaire trading legend George Soros, eliminated its stake in New York Community Bank in the first quarter, according to a regulatory filing on Wednesday.

Soros Fund Management dumps New York Community Bank stake

Goldman Sachs

Soros Fund Management has dissolved its share stake in embattled lender New York Community Bancorp in the first quarter of 2024, a regulatory filing showed on Wednesday.

Soros Fund Management dissolves stake in NYCB, buys Goldman Sachs shares

New York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase.

NYCB Sells $5 Billion in Loans to JPMorgan

New York Community's (NYCB) sale of mortgage warehouse loans to JPMorgan (JPM) will improve the former's capital, liquidity and loan-to-deposit metrics.

New York Community (NYCB) to Sell Warehouse Loans To JPM

Shares in New York Community Bancorp (NYCB) jumped nearly 6% in premarket trading Wednesday after the embattled regional bank said late Tuesday that it had agreed to sell around $5 billion of mortgage warehouse loans to JPMorgan Chase (JPM) in a deal aimed at shoring up its liquidity and capital as it undergoes a turnaround to return to profitability.

NYCB Stock Jumps After Regional Bank Sells $5 Billion of Loans to JPMorgan

New York Community Bancorp's stock rose Wednesday as Wall Street cheered a $5 billion loan sale to JPMorgan Chase & Co. as a fresh move in its plan to turn a profit.

NYCB's loan sale to JPM praised as ‘important first step' in turnaround

Shares of New York Community Bancorp rose nearly 5% in premarket trading on Wednesday, after the lender agreed to sell a portfolio of about $5 billion in mortgage warehouse loans to JPMorgan Chase.

NYCB shares rise on deal to sell $5 billion mortgage warehouse loans to JPMorgan

JPMorgan Chase & Co

Embattled regional lender New York Community Bancorp said on Tuesday it has agreed to sell about $5 billion in mortgage warehouse loans to JPMorgan Chase.

NYCB to sell nearly $5 bln of mortgage warehouse loans to JPMorgan

TRANSACTION WILL INCREASE CET1 CAPITAL RATIO TO 10.8% ON A PROFORMA BASIS AND FURTHER BOLSTER LIQUIDITY LOAN-TO-DEPOSIT RATIO IMPROVES TO 104% HICKSVILLE, N.Y. , May 14, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company"), the parent company of Flagstar Bank, N.A.

NEW YORK COMMUNITY BANCORP, INC. AGREES TO SELL APPROXIMATELY $5 BILLION IN WAREHOUSE LOANS TO JPMORGAN CHASE BANK, N.A.

New York Community's (NYCB) efforts to diversify its loan portfolio and loan portfolio repricing will aid it amid CRE loan woes and escalating expenses.

Here's Why You Should Hold on to New York Community (NYCB) Now

Fitch Ratings downgrade New York Community's (NYCB) IDRs. This is primarily due to the bank's weak earnings and profitability.

New York Community (NYCB) Rating Downgraded to BB by Fitch

New York Community Bancorp was the cheapest U.S. bank stock among lenders with more than $3 billion in assets for the second straight month, an analysis by S&P Global Market Intelligence showed on Wednesday.

NYCB stock cheapest among US lenders with over $3 bln in assets, S&P Global says

Fitch Ratings had cut its long-term issuer default ratings for New York Community Bancorp Inc. deeper into junk territory but said the bank's downside risks have stabilized.

Fitch cuts NYBC's debt rating deeper into junk territory but says outlook remains stable

Fitch Ratings on Tuesday downgraded embattled regional lender New York Community Bancorp and its bank subsidiary, Flagstar Bank, to 'BB' from 'BB+'.

Fitch downgrades New York Community Bancorp to 'BB'

New York Community Bancorp was teetering when it got a much needed cash infusion to help it with its turnaround effort. For most investors it would be smarter to buy giant U.S. banks like Bank of America or Citigroup.

Don't Waste Your Time Waiting for New York Community Bancorp's Turnaround. These Stocks Are Better Buys.

Forge Global Holdings Inc

loanDepot

The Financial Select Sector SPDR Fund ETF (NYSEARCA: XLF ) is down by approximately 3% month-over-month, illustrating the interim negativity attached to the financial sector.  Interest rate uncertainty paired with inconsistent real economic factors will lead to a sectoral drawdown.

3 Financial Stocks to Sell in May Before They Crash & Burn

New York Community Bancorp has recently undergone a CEO change, a $1 billion capital raise, and started a turnaround plan to diversify loan risk and return to profitability. The pedigree of the new board and management is impressive. Dilution for common shareholders is the main problem, but NYCB preferred stock offers no dilution, ~9x the dividend yield, seniority to common equity, and a healthy discount to par.

New York Community Bancorp: The Preferred Stock Looks Like A Good Bet After Q4 Earnings

New York Community's (NYCB) Q1 results reflect the impacts of a rise in provisions for credit losses and expenses. A fall in fee income and a lower deposit balance also affect its performance.

New York Community (NYCB) Reports Loss in Q1, Cuts Dividend

New York Community Bancorp.'s turnaround plan under its new management team will keep the bank afloat for the time being after the lender faced speculation that it could fail, Citi analyst Ben Gerlinger said Thursday.

Potential failure of NYCB is ‘squarely off the table (for the time being),' analyst says

Shares of New York Community Bancorp (NYCB) soared 28% Wednesday after the bank laid out a plan to return to profitability, even as it reported a wider-than-expected loss for the first quarter.

News for New York Community Bancorp Stock (NYCB)