New York Community Bancorp
NYCB

$10.81

3.78%

Market Cap: $4.03B

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

Financials Savings Institutions, Not Federally Chartered

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 5 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

44% more capital invested

Capital invested by funds: $1.38B [Q1] → $1.99B (+$612M) [Q2]

36% more repeat investments, than reductions

Existing positions increased: 167 | Existing positions reduced: 123

6.99% more ownership

Funds ownership: 52.8% [Q1] → 59.79% (+6.99%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 4 [Q1] → 4 (+0) [Q2]

9% less funds holding

Funds holding: 491 [Q1] → 446 (-45) [Q2]

37% less first-time investments, than exits

New positions opened: 76 | Existing positions closed: 121

49% less call options, than puts

Call options by funds: $60.5M | Put options by funds: $119M

See Fund Rankings

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$10

7%

downside

Avg. target

$11.15

3%

upside

High target

$12

11%

upside

5 analyst ratings

0 positive

0%

5 neutral

100%

0 negative

0%

Barclays Jared Shaw 68% 1-year accuracy 26 / 38 met price target	7%downside $10	Equal-Weight Maintained	29 Jul 2024
Wedbush David Chiaverini 65% 1-year accuracy 34 / 52 met price target	3%downside $10.50	Neutral Reiterated	26 Jul 2024
Keefe, Bruyette & Woods Christopher Mcgratty 67% 1-year accuracy 10 / 15 met price target	4%upside $11.25	Market Perform Maintained	15 Jul 2024
Citigroup Keith Horowitz 88% 1-year accuracy 14 / 16 met price target	11%upside $12	Neutral Maintained	3 Jul 2024
Barclays Jared Shaw 68% 1-year accuracy 26 / 38 met price target	11%upside $12	Equal-Weight Maintained	24 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 7 articles about NYCB published over the past 30 days

New York Community Bancorp Has Great Potential And Ambitions

New York Community Bancorp almost went bankrupt, which would have wiped out shareholders, leading to some potential resentment. The company has cleaned up its balance sheet, substantially increasing its ALLL, which makes 2024 a transition year for the company. NYCB should be able to grow its NII in upcoming years, which, with a cleaned balance sheet, will enable hefty shareholder returns.

New York Community Bancorp Has Great Potential And Ambitions

The Motley Fool

Could New York Community Bancorp Become the Next Bank of America?

Bank of America fell into hard times following an ill-timed acquisition during the Great Recession. New York Community Bancorp fell into hard times following acquisitions around the 2023 bank runs.

Could New York Community Bancorp Become the Next Bank of America?

The Motley Fool

Forget New York Community Bancorp; Buy This Magnificent High-Yield Bank Stock Instead

New York Community Bancorp is working on a major business turnaround, including improving its internal controls. TD Bank is working to mend relations with U.S. regulators as it upgrades its internal controls.

Forget New York Community Bancorp; Buy This Magnificent High-Yield Bank Stock Instead

The Motley Fool

Is New York Community Bancorp Stock a Buy?

New York Community Bancorp is clearly warning investors that 2024 is a transition year for the company. The second quarter was not a pretty one for the bank on the earnings front.

Is New York Community Bancorp Stock a Buy?

NYCB's stock and bonds rally as bank swaps preferred stock for common stock

New York Community Bancorp's stock and corporate bonds rallied on Tuesday, after the bank disclosed a conversion of preferred stock into common stock.

NYCB's stock and bonds rally as bank swaps preferred stock for common stock

The Motley Fool

New York Community Bancorp: Buy, Sell, or Hold?

New York Community Bancorp took significant charge-offs on its loan portfolio last year. The charge-offs, plus a goodwill impairment charge, resulted in a $2.7 billion loss in the fourth quarter.

New York Community Bancorp: Buy, Sell, or Hold?

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NEW YORK COMMUNITY BANCORP, INC. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS

HICKSVILLE, N.Y. , Aug. 5, 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.

NEW YORK COMMUNITY BANCORP, INC. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS

NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES ADDITIONAL INDUCEMENT AWARDS

HICKSVILLE, N.Y. , Aug. 2, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that it has approved employment inducement awards for two individuals who have recently become executives of the Company.

NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES ADDITIONAL INDUCEMENT AWARDS

New York Community Bancorp: High Safety Margin

New York Community Bancorp faces continual challenges with its commercial loan book. The lender's second-quarter results showed pressure on net income as well as persistent credit quality issues, especially in the multi-family business. The bank is making progress, selling non-core assets to remove risk from its balance sheet and shore up its liquidity.

New York Community Bancorp: High Safety Margin

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