New York Community BancorpNYCB
NYCB
Ticker changed
NYCB changed its ticker symbol to FLG
About: New York Community Bancorp Inc is the bank holding company. It is a New York State-chartered savings bank that operates through eight local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio, and AmTrust Bank in Florida and Arizona. The bank competes for depositors in diverse markets with a comprehensive menu of products and services, and access to multiple service channels, including online banking, mobile banking, and banking by phone. It is also a producer of multi-family loans in New York City.
Employees: 8,766
Financial journalist opinion
Negative
Seeking Alpha
1 month ago
Flagstar (NYCB): Solvency Assured, Still Valued As If It's An Issue
Flagstar Financial's Q3 results disappointed due to increased loan loss provisions and lower net interest income/margin, but these concerns are overblown and already priced in. Noninterest income is expected to rise significantly, offsetting some of the negative impacts on net interest income and margins. The bank has stabilized with growing deposits, high liquidity, and a shrinking loan-to-deposit ratio, reducing solvency risk.
Negative
Zacks Investment Research
2 months ago
New York Community Q3 Loss Wider Than Expected, Provisions Jump Y/Y
A rise in provisions hurts NYCB's Q3 results. A fall in fee income and lower loan balance are other headwinds.
Negative
The Motley Fool
2 months ago
Why New York Community Bancorp Stock Dove by 8% Today
Technically, the company posted its final-earnings report under its current name.
Neutral
PRNewsWire
2 months ago
NEW YORK COMMUNITY BANCORP, INC. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS
HICKSVILLE, N.Y. , Oct. 25, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common stock.
Negative
Seeking Alpha
2 months ago
New York Community Bancorp: A New Chapter Begins
New York Community Bancorp (soon Flagstar Financial) is in a transitional phase, marked by asset diversification, deposit growth, and cost reduction efforts. NYCB Q3 results showed a loss of $0.69 per share, poor margins, and mixed asset quality, raising new concerns. NYCB stock trades at a significant discount to tangible book value, but tangible book value has declined sharply this year.
Neutral
Seeking Alpha
2 months ago
New York Community Bancorp, Inc. (NYCB) Q3 2024 Earnings Call Transcript
New York Community Bancorp, Inc. (NYSE:NYCB ) Q3 2024 Earnings Call Transcript October 25, 2024 8:00 AM ET Company Participants Sal DiMartino - Director of IR Joseph Otting - Chairman, President and CEO Craig Gifford - CFO Kris Gagnon - CCO Conference Call Participants Manan Gosalia - Morgan Stanley Ebrahim Poonawala - Bank of America Dave Rochester - Compass Point Mark Fitzgibbon - Piper Sandler Bernard Von Gizycki - Deutsche Bank Jared Shaw - Barclays Ben Gerlinger - Citi Christopher Marinac - Janney Montgomery Scott Chris McGratty - KBW Matthew Breese - Stephens Jon Arfstrom - RBC Capital Markets Steve Moss - Raymond James Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
Neutral
Zacks Investment Research
2 months ago
New York Community Bancorp (NYCB) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for New York Community Bancorp (NYCB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Negative
Market Watch
2 months ago
Flagstar, formerly NYCB, reports a wider-than-expected loss as charge-offs jump
The bank formerly known as NYCB reported another wider-than-expected quarterly loss and provided a downbeat outlook.
Negative
Zacks Investment Research
2 months ago
New York Community Bancorp (NYCB) Reports Q3 Loss, Tops Revenue Estimates
New York Community Bancorp (NYCB) came out with a quarterly loss of $0.69 per share versus the Zacks Consensus Estimate of a loss of $0.40. This compares to earnings of $1.08 per share a year ago.
Negative
Reuters
2 months ago
NYCB reports third-quarter loss on bigger rainy-day funds
New York Community Bancorp reported a loss for the third quarter on Friday as the regional lender set aside more reserves to cover potential loan losses.
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