New York Community Bancorp, Inc.

NYCB

US6494451031

Banks

Market Closed - Nyse Other stock markets 04:00:01 2024-05-17 pm EDT			5-day change	1st Jan Change
3.69 ^USD	+0.54%		+6.96%	-63.93%

May. 16	New York Community Bancorp COO Julie-Ann Signorille-Browne Resigns	MT
May. 16	NYCB's chief operating officer to step down	RE

Fitch downgrades New York Community Bancorp to 'BB'

May 07, 2024 at 05:01 pm EDT

May 7 (Reuters) - Fitch Ratings on Tuesday downgraded embattled regional lender New York Community Bancorp and its bank subsidiary, Flagstar Bank, to 'BB' from 'BB+'. (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shailesh Kuber)

Latest news about New York Community Bancorp, Inc.

New York Community Bancorp COO Julie-Ann Signorille-Browne Resigns	May. 16	MT
NYCB's chief operating officer to step down	May. 16	RE
Soros Fund Management Sells New York Community Bancorp Shares; Acquires Goldman Sachs, JPMorgan Chase.	May. 16	MT
Soros Fund Management dissolves stake in NYCB, buys Goldman Sachs shares	May. 15	RE
Soros Fund Management dissolves stake in NYCB	May. 15	RE
Sector Update: Financial Stocks Edge Higher Premarket Wednesday	May. 15	MT
Sector Update: Financial	May. 15	MT
Futures gain after lower-than-expected rise in inflation	May. 15	RE
NYCB shares rise on deal to sell $5 billion mortgage warehouse loans to JPMorgan	May. 15	RE
Futures flat before key inflation test	May. 15	RE
New York Community Bancorp to Sell $5 Billion in Mortgage Warehouse Loans to JPMorgan Chase Bank	May. 15	MT
NYCB to sell nearly $5 bln of mortgage warehouse loans to JPMorgan	May. 14	RE
New York Community Bancorp to Sell $5 Billion in Warehouse Loans to JPMorgan Chase Bank	May. 14	DJ
NYCB stock cheapest among US lenders with over $3 bln in assets, S&P Global says	May. 08	RE
Fitch downgrades New York Community Bancorp to 'BB'	May. 07	RE
News Highlights : Top Company News of the Day - Wednesday at 5 PM ET	May. 01	DJ
News Highlights : Top Company News of the Day - Wednesday at 7 PM ET	May. 01	DJ
News Highlights : Top Financial Services News of the Day - Wednesday at 4 PM ET	May. 01	DJ
New York Community Bancorp, Inc. Declares Quarterly Cash Dividends on Common Stock, Payable on June 17, 2024	May. 01	CI
News Highlights : Top Company News of the Day - Wednesday at 3 PM ET	May. 01	DJ
Wedbush Upgrades New York Community Bancorp to Neutral From Underperform, Raises Price Target to $3.50 From $3	May. 01	MT
New York Community Bancorp Stock Soars as Lender Targets Peer-Level Profitability by 2026	May. 01	MT
News Highlights : Top Company News of the Day - Wednesday at 1 PM ET	May. 01	DJ
NYCB short sellers stare at $42 mln in losses after post-earnings rally, Ortex says	May. 01	RE
News Highlights : Top Financial Services News of the Day - Wednesday at 11 AM ET	May. 01	DJ

Chart New York Community Bancorp, Inc.

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Company Profile

New York Community Bancorp, Inc. is the bank holding company for Flagstar Bank, N.A (the Bank). The Company has several national businesses, including multi-family lending, mortgage originations and servicing, and warehouse lending. It is a multi-family portfolio lender in the New York City market area, where it specializes in rent-regulated, non-luxury apartment buildings. Its specialty finance loans and leases are generally made to large corporate obligors that participate in stable industries nationwide, and its warehouse loans are made to mortgage lenders across the country. It offers a suite of cash management products to address the needs of small and mid-size businesses and professional associations. The Bank operates 420 branches across twelve states, including footholds in the Northeast and Midwest and exposure to markets in the Southeast and West Coast. It operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators.

Sector

Banks

Calendar

2024-06-05 - Annual General Meeting

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Income Statement Evolution

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Analysis / Opinion

New York Community Bancorp: New carnage in sight

March 01, 2024 at 10:31 am EST

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Ratings for New York Community Bancorp, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

3.69 USD

Average target price

4.9 USD

Spread / Average Target

+32.79%

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Company calendar

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Other Banks

New York Community Bancorp, Inc.

Equities

NYCB

US6494451031

Banks

Fitch downgrades New York Community Bancorp to 'BB'

EPS Revisions