New York Community Bancorp, Inc. (NYCB)

NYSE: NYCB · IEX Real-Time Price · USD
3.675
-0.015 (-0.41%)
May 20, 2024, 11:55 AM EDT - Market open
-0.41%
Market Cap 3.02B
Revenue (ttm) 2.77B
Net Income (ttm) -2.44B
Shares Out 820.72M
EPS (ttm) -3.40
PE Ratio n/a
Forward PE n/a
Dividend $0.40 (10.88%)
Ex-Dividend Date Jun 7, 2024
Volume 2,283,352
Open 3.700
Previous Close 3.690
Day's Range 3.630 - 3.740
52-Week Range 1.700 - 14.220
Beta 0.95
Analysts Hold
Price Target 5.50 (+49.66%)
Earnings Date May 1, 2024

About NYCB

New York Community Bancorp, Inc. operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit. Its loan products comprise multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and l... [Read more]

Sector Financials
IPO Date Oct 1, 1993
Employees 8,766
Stock Exchange NYSE
Ticker Symbol NYCB
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for NYCB stock is "Hold." The 12-month stock price forecast is $5.5, which is an increase of 49.66% from the latest price.

Price Target
$5.5
(49.66% upside)
Analyst Consensus: Hold
Stock Forecasts

News

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

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...

3 days ago - Market Watch

NYCB's chief operating officer to step 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.

3 days ago - Reuters

Soros Fund Management dumps New York Community Bank stake

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 W...

4 days ago - Market Watch

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

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.

Other symbols: GS
4 days ago - Reuters

NYCB Sells $5 Billion in Loans to JPMorgan

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

4 days ago - PYMNTS

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

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...

5 days ago - Investopedia

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

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.

5 days ago - Market Watch

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

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.

5 days ago - Reuters

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

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.

Other symbols: JPM
5 days ago - Reuters

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

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 ...

5 days ago - PRNewsWire

Four stocks to watch for macro signals

Jake Schurmeier, Harbor Capital Advisors portfolio manager, joins CNBC's 'The Exchange' to discuss what stocks he's watching, the path to a Fed rate cut, and more.

Other symbols: FCXSBUXWAL
5 days ago - CNBC Television

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

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 Wed...

12 days ago - Reuters

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

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.

12 days ago - Market Watch

Fitch downgrades New York Community Bancorp to 'BB'

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

12 days ago - Reuters

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

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 Gerling...

18 days ago - Market Watch

Why NYCB Stock Soared 28% Despite the Bank's Wider-Than-Expected Loss

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.

18 days ago - Investopedia

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

HICKSVILLE, N.Y. , May 1, 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...

18 days ago - PRNewsWire

NYCB short sellers stare at $42 mln in losses after post-earnings rally, Ortex says

Traders shorting New York Community Bancorp's stock were sitting on more than $42 million of losses on Wednesday after the lender's better-than-expected profit forecast for the next two years sent sha...

18 days ago - Reuters

NYCB shares jump after new CEO gives two-year plan for "clear path to profitability"

CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.

19 days ago - CNBC

New York Community Bancorp reports narrower-than-expected loss but misses on revenue

New York Community Bancorp's stock NYCB, -5.02% rose 1.9% in premarket trading on Wednesday after the company reported a narrower-than-expected loss after an eventful first quarter that included a $1 ...

19 days ago - Market Watch

NYCB posts first-quarter loss on higher provisions

New York Community Bancorp reported a loss for the first quarter on Wednesday, as the commercial real estate-focused lender set aside more funds to cover possible defaults.

19 days ago - Reuters

NEW YORK COMMUNITY BANCORP, INC. REPORTS FIRST QUARTER 2024 RESULTS AND PROVIDES UPDATE ON ITS STRATEGIC PATH TO PROFITABILITY

COMPANY TARGETS PEER LEVEL PROFITABILITY BY FOURTH QUARTER 2026 INCLUDING ROAA OF 1%, ROATCE OF 11% - 12%, AND A CET1 CAPITAL RATIO OF 11% - 12% SUCCESSFULLY RAISED OVER $1 BILLION IN EQUITY, BOLSTERI...

19 days ago - PRNewsWire

NEW YORK COMMUNITY BANCORP, INC. TO REPORT FIRST QUARTER 2024 EARNINGS AND HOST CONFERENCE CALL ON MAY 1ST

HICKSVILLE, N.Y. , April 30, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that it plans to issue results for the three months ended March 31, 2024...

19 days ago - PRNewsWire

NYCB delays annual shareholders meeting by two weeks

New York Community Bancorp has pushed back its annual shareholders meeting by two weeks to June 5.

20 days ago - Reuters

NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES JUNE 5TH DATE FOR THE 2024 ANNUAL MEETING OF SHAREHOLDERS

HICKSVILLE, N.Y., April 26, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that Wednesday, June 5th, has been established as the new date of its 202...

23 days ago - PRNewsWire