New York Community Bancorp, Inc.

NYCB

US6494454001

Banks

Market Closed - Nyse Other stock markets 04:00:02 2024-09-13 pm EDT			5-day change	1st Jan Change
10.60 ^USD	+3.41%		-1.94%	-65.46%

Aug. 22	Investors already know...
Aug. 22	Analyst recommendations: Estee Lauder, Sentinelone, Snowflake, Wolfspeed, Admiral...

New York Community Bancorp, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024

July 25, 2024 at 07:02 am EDT

New York Community Bancorp, Inc. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported net interest income was USD 557 million compared to USD 900 million a year ago. Net loss was USD 323 million compared to net income of USD 413 million a year ago. Basic loss per share from continuing operations was USD 1.14 compared to basic earnings per share from continuing operations of USD 1.66 a year ago. Diluted loss per share from continuing operations was USD 1.14 compared to diluted earnings per share from continuing operations of USD 1.66 a year ago.
For the six months, net interest income was USD 1,181 million compared to USD 1,455 million a year ago. Net loss was USD 650 million compared to net income of USD 2,419 million a year ago. Basic loss per share from continuing operations was USD 2.48 compared to basic earnings per share from continuing operations of USD 10.12 a year ago. Diluted loss per share from continuing operations was USD 2.48 compared to diluted earnings per share from continuing operations of USD 10.1 a year ago.

Latest news about New York Community Bancorp, Inc.

Investors already know...	Aug. 22
Analyst recommendations: Estee Lauder, Sentinelone, Snowflake, Wolfspeed, Admiral...	Aug. 22
US regional bank deals rise as lenders aim to bolster balance sheets	Aug. 19	RE
Sector Update: Financial Stocks Higher Late Afternoon	Aug. 13	MT
Sector Update: Financial	Aug. 13	MT
New York Community Bancorp Shares Gain on Share Exchange Deals	Aug. 13	MT
Tranche Update on New York Community Bancorp, Inc.'s Equity Buyback Plan announced on October 24, 2018.	Aug. 09	CI
New York Community Bancorp Keeps Dividend at $0.01 per Share, Payable Sept. 17 to Holders as of Sept. 7	Aug. 06	MT
New York Community Bancorp, Inc. Declares a Quarterly Cash Dividend, Payable on September 17, 2024	Aug. 05	CI
New York Community Bancorp, Inc. announces Quarterly dividend, payable on September 17, 2024	Aug. 04	CI
PCE data keeps Fed's rate cut dreams alive	Jul. 26
Analyst recommendations: Dexcom, Netflix, Tesla, Visa, Lululemon...	Jul. 26
New York Community Bancorp Swings to Q2 Adjusted Loss, Revenue Declines; Shares Fall Pre-Bell	Jul. 25	MT
Mr. Cooper to Acquire Flagstar Bank's Mortgage Operations for $1.4 Billion	Jul. 25	MT
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday Ahead of Key Economic Data	Jul. 25	MT
Transcript : New York Community Bancorp, Inc., Q2 2024 Earnings Call, Jul 25, 2024	Jul. 25
Earnings Flash (NYCB) NEW YORK COMMUNITY BANCORP Posts Q2 Adjusted Loss $-1.05, vs. Street Est of $-0.43	Jul. 25	MT
Earnings Flash (NYCB) NEW YORK COMMUNITY BANCORP Reports Q2 Revenue $671M	Jul. 25	MT
New York Community Bancorp, Inc. Reports Net Charge Offs for the Second Quarter Ended June 30, 2024	Jul. 25	CI
NYCB's Flagstar to sell residential mortgage service for $1.4 bln	Jul. 25	RE
New York Community Bancorp, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	Jul. 25	CI
NYCB closes sale of mortgage warehouse loans to JPMorgan Chase	Jul. 22	RE
US regional banks build stronger safety nets as CRE pain lingers	Jul. 19	RE
Regions Financial's quarterly profit falls on lower interest income	Jul. 19	RE
US banks see high deposit costs, investment banking boost	Jul. 17	RE

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Company Profile

New York Community Bancorp, Inc. is the bank holding company for Flagstar Bank, N.A. (the Bank). The Bank has various positions in several national businesses, including multifamily lending, mortgage originations and servicing. It is a multifamily 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. The Bank offers a suite of cash management products to address the needs of small and mid-size businesses and professional associations. The Bank operates about 400 branches, including strong footholds in the Northeast and Midwest and exposure to markets in the Southeast and West Coast. Flagstar Mortgage operates nationally through a wholesale network of about 3,000 third-party mortgage originators.

Employees

8,766

Sector

Banks

Calendar

2024-10-22 - Q3 2024 Earnings Release (Projected)

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