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.

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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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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.

New York Community Bancorp started 2024 out on a bad note when it cut its dividend. The regional bank also overhauled its management team.

Is New York Community Bancorp the Best Bank Stock for You?

LOS ANGELES, CA / ACCESSWIRE / March 13, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Flagstar Bancorp, Inc. ("Flagstar" or "the Company") (FBC), which merged with and into New York Community Bancorp, Inc. ("New York Community Bancorp,") (NYSE:NYCB), for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Flagstar Bancorp, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / March 12, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Flagstar Bancorp, Inc. ("Flagstar" or "the Company") (FBC), which merged with and into New York Community Bancorp, Inc. ("New York Community Bancorp,") (NYSE:NYCB), for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Flagstar Bancorp, Inc. and Encourages Investors with Losses to Contact the Firm

NEW YORK, March 12, 2024 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of New York Community Bancorp, Inc. (NYSE: NYCB) between March 1, 2023 and February 5, 2024, both dates inclusive (the "Class Period"), of the important April 8, 2024 lead plaintiff deadline. SO WHAT: If you purchased NYCB securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, TRUSTED INVESTOR COUNSEL, Encourages New York Community Bancorp, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action - NYCB

Jim Lebenthal – the chief equity strategist of Cerity Partners just invested in New York Community Bancorp Inc (NYSE: NYCB). Shares of the regional lender are up 5.0% at writing.

Jim Lebenthal buys $NYCB as it reveals plans of reverse stock split

A day after announcing that New York Community Bancorp (NYSE: NYCB ) had closed a $1 billion funding round to keep the bank afloat, shares of NYCB stock are on the move higher today. Some of this move appears to be tied to this recent announcement.

NYCB Stock Alert: New York Community Bancorp Preps for a 1-for-3 Reverse Stock Split

New York Community (NYCB) strengthens its balance sheet and liquidity position by raising $1.05 billion in equity. The company plans a one-for-three reverse stock split.

New York Community (NYCB) Raises $1.05B in Equity Capital

New York Community Bancorp said on Monday it had closed the $1 billion capital infusion deal that was agreed last week with an investor group.

NYCB closes $1 billion capital infusion deal

Former Treasury Secretary Steven Mnuchin, Incoming CEO Joseph Otting, Milton Berlinski, and Allen Puwalski Appointed to NYCB Board of Directors HICKSVILLE, N.Y. , March 11, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) ("NYCB" or the "Company") announced today it completed the previously announced transactions resulting in individual investments aggregating to approximately $1.05 billion in the Company by Liberty Strategic Capital ("Liberty"), funds managed by Hudson Bay Capital Management ("Hudson Bay"), funds managed by Reverence Capital Partners ("Reverence Capital"), and other investors (collectively, the "Investors").

NEW YORK COMMUNITY BANCORP, INC. CLOSES OVER $1 BILLION EQUITY INVESTMENT STRENGTHENING BALANCE SHEET AND LIQUIDITY POSITION

Wall Street is digesting the equity infusion news from last week, and analysts see little reason for investors to be excited. The capital raise diluted existing shareholders, and the bank's future is still uncertain.

Why New York Community Bancorp Stock Is Down Today

New York Community's (NYCB) ratings view is being changed to 'review for upgrade' from 'review for downgrade' by Moody's, following the $1-billion cash infusion from a group of investors.

New York Community (NYCB) Ratings View Changed by Moody's

New York Community Bancorp has agreed to pay its new Chief Executive Joseph Otting $1.25 million and a bonus off up to $4.5 million a year, as he takes the helm of the struggling lender, according to a filing.

NYCB's new chief executive making $1.25 million base salary

NEW YORK , March 11, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of New York Community Bancorp, Inc.. Shareholders who purchased shares of NYCB during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

Investors who lost money on New York Community Bancorp, Inc.(NYCB) should contact The Gross Law Firm about pending Class Action - NYCB

LOS ANGELES, CA / ACCESSWIRE / March 11, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Flagstar Bancorp, Inc. ("Flagstar" or "the Company") (FBC), which merged with and into New York Community Bancorp, Inc. ("New York Community Bancorp,") (NYSE:NYCB), for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

ONGOING INVESTIGATION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against Flagstar Bancorp, Inc. and Encourages Investors with Losses to Contact the Firm

New York Community Bancorp has dropped almost 50% since our last update. The bank disclosed a large goodwill write down, which was literal and metaphorical as investors lost faith in the company. Earnings for 2024 are expected to be poor, with potential losses and higher interest costs.

Fair Value Post Dilution For New York Community Bancorp

NEW YORK, NY / ACCESSWIRE / March 10, 2024 / If you suffered a loss on your New York Community Bancorp, Inc. (NYSE:NYCB) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/new-york-community-bancorp-lawsuit-submission-form?prid=70152&wire=1 or contact Joseph E. Levi, Esq.

New York Community Bancorp, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before April 8, 2024 to Discuss Your Rights - NYCB

NEW ORLEANS , March 8, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until April 8, 2024 to file lead plaintiff applications in a securities class action lawsuit against New York Community Bancorp, Inc. ("NYCB" or the "Company") (NYSE: NYCB), if they purchased the Company's securities between March 1, 2023 and January 30, 2024, inclusive (the "Class Period").  This action is pending in the United States District Court for the Eastern District of New York.

NEW YORK COMMUNITY BANCORP SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against New York Community Bancorp, Inc. - NYCB

New York Community Bancorp said on Friday incoming CEO Joseph Otting will receive an annual base salary of $1.25 million and as of March 6 received a one-time option to acquire 15 million shares of the company's common stock.

Embattled lender NYCB announces incoming CEO Otting's base salary

New York Community Bancorp: Lessons From My Best And Worst Investment Ever

JPMorgan Chase & Co

Shares of the nation's largest banks are reaping the rewards from a solid economy and stock market.

JPMorgan Stock Is Soaring. The Mega Banks Won't Catch NYCB's Malaise.

New York Community (NYCB) slashes the quarterly dividend by 80% to a penny to improve liquidity after witnessing a 5% drop in its deposits since the 2023 end through Mar 5, 2024.

New York Community (NYCB) Cuts Dividend, Sees Deposit Outflow

New York Community Bancorp's turnaround will likely take a long time as analysts expect profits to remain under pressure from the lender's efforts to boost reserves for potential bad loans in its commercial real estate portfolio.

NYCB turnaround faces rocky road as commercial real estate exposure a drag

Morningstar DBRS downgraded the credit ratings of New York Community Bancorp to "BBB (low)" from "BBB", citing near-term pressure on earnings, the ratings agency said late on Thursday.

Morningstar DBRS downgrades NYCB by a notch on near-term earnings pressure

Moody's changes the direction of its NYCB rating review to a review for upgrade from a review for downgrade.

NYCB Could Get a Ratings Upgrade After Its $1 Billion Cash Infusion

SoftBank Group Corp

Following the significant losses experienced by New York Community Bank (NYSE: NYCB) stock last week, which resulted in a substantial decrease in its value, it appears that another bank could be facing a similar situation.

News for New York Community Bancorp Stock (NYCB)