Latest News of NYCB
New York Community Bancorp Inc (NYCB) Q3 2024 Earnings Call Highlights: Navigating Challenges ...
By Yahoo! Finance |
3 weeks ago
The company aims to reduce non-accrual loans by working with borrowers and exploring market sales. They have increased confidence in projections and are enhancing risk management functions while plann...
Another bad quarter for NYCB shows CRE problems are not yet behind banks
By Yahoo! Finance |
3 weeks ago
New York Community Bancorp faced challenges in Q3 with higher loan loss provisions and losses, delaying profitability to 2026. The bank is restructuring to improve its financial position amid ongoing ...
Flagstar, formerly NYCB, reports a wider-than-expected loss as charge-offs jump
By MarketWatch |
3 weeks ago
Flagstar Financial Inc., previously New York Community Bancorp, faced a significant drop in shares due to a larger than expected loss caused by write-downs in its commercial real estate portfolio. The...
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NYCB reports third-quarter loss on bigger rainy-day funds
By Yahoo! Finance | 3 weeks agoNew York Community Bancorp reported a loss in the fourth quarter due to increased reserves for potential loan losses, primarily from exposure to troubled commercial real estate. The lender faces chall...
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NYCB rebrands as Flagstar Financial
By Yahoo! Finance | 1 month agoNew York Community Bank will rebrand as Flagstar Financial, effective Oct. 25, to streamline operations under one name. CEO Otting highlights progress and diversification efforts, aiming to enhance th...
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NYCB Shares Rise as Barclays Says 'Heavy Lifting' Is Complete
By Yahoo! Finance | 1 month agoNew York Community Bancorp is showing signs of recovery after a challenging year. Barclays upgraded the rating to overweight with a price target of $14, reflecting optimism in the bank's transformatio...
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Is New York Community Bancorp, Inc. (NYCB) A Good High Risk High Reward Growth Stock To Buy?
By Yahoo! Finance | 2 months agoAn article highlights high-risk, high-reward growth stocks like New York Community Bancorp, Inc. (NYSE:NYCB), emphasizing factors like P/E ratio and EV/Sales. It warns of risks like stock scams, share...
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Dividend Investors: Don't Be Too Quick To Buy New York Community Bancorp, Inc. (NYSE:NYCB) For Its Upcoming Dividend
By Yahoo! Finance | 2 months agoNew York Community Bancorp, Inc. (NYSE:NYCB) is trading ex-dividend soon, with a payment of US$0.01 per share on September 17th. Despite recent losses and declining earnings, the company continues to ...
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NYCB Faces a Tough Road to Profitability
By Yahoo! Finance | 3 months agoNew York Community Bancorp (NYCB) shares dropped due to disappointing second-quarter earnings. CEO Otting aims to reposition the bank for long-term success by reducing reliance on commercial real esta...
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NYCB Shares Tumble Most Since March as Loan Provisions Surge
By Yahoo! Finance | 3 months agoNew York Community Bancorp's stock dropped 17% due to higher loan loss provisions, exceeding analyst estimates. The firm is selling its mortgage-servicing business to Mr. Cooper Group Inc. for $1.4 bi...
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Investors in New York Community Bancorp (NYSE:NYCB) from a year ago are still down 67%, even after 9.9% gain this past week
By Yahoo! Finance | 4 months agoNew York Community Bancorp's stock price has shown a 30% gain in the last three months after a 68% decline over the year. Despite recent positive signs, the company's loss-making position impacted its...
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New York Community Bancorp, Inc. (NYCB) Stock Price, News, Quote & History
By Yahoo! Finance | 4 months agoNew York Community Bancorp, Inc. is a bank holding company operating Flagstar Bank, N.A. It offers a range of banking products and services in the US, including deposit and loan products, cash managem...
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Why Is New York Community Bancorp, Inc. (NYCB) the Best Bank Penny Stock to Buy Now?
By Yahoo! Finance | 4 months agoThe article discusses the challenges and opportunities in the US banking sector for 2024, focusing on New York Community Bancorp, Inc. (NYSE:NYCB). It highlights the impact of bank closures, economic ...
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Embattled NYCB Is Doing a Reverse Stock Split. Shares Are Down 70% in 2024.
By MarketWatch | 4 months agoNew York Community Bancorp's board approved a one-for-three reverse stock split effective in July. This move follows changes in leadership, capital infusion, and financial challenges faced by the bank...
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NYCB sets reverse stock split for July
By MarketWatch | 4 months agoNew York Community Bancorp Inc. is set to undergo a three-for-one reverse stock split in July after shareholders approved the move. The stock fell to $3.03 amid challenges earlier this year, prompting...