1 day ago - marketwatch.com

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 earlier this year.

1 day ago - reuters.com

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.

2 days ago - marketwatch.com

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 Wednesday.

2 days ago - reuters.com

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.

2 days ago - pymnts.com

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

2 days ago - pymnts.com

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

2 days ago - zacks.com

New York Community's (NYCB) sale of mortgage warehouse loans to JPMorgan (JPM) will improve the former's capital, liquidity and loan-to-deposit metrics.

2 days ago - investopedia.com

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 warehouse loans to JPMorgan Chase (JPM) in a deal aimed at shoring up its liquidity and capital as it undergoes a turnaround to return to profitability.

2 days ago - marketwatch.com

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.

2 days ago - reuters.com

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.

3 days ago - reuters.com

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.

3 days ago - prnewswire.com

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 Community Bancorp, Inc. (NYSE: NYCB) (the "Company"), the parent company of Flagstar Bank, N.A.

1 week ago - zacks.com

New York Community's (NYCB) efforts to diversify its loan portfolio and loan portfolio repricing will aid it amid CRE loan woes and escalating expenses.

1 week ago - zacks.com

Fitch Ratings downgrade New York Community's (NYCB) IDRs. This is primarily due to the bank's weak earnings and profitability.

1 week ago - reuters.com

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 Wednesday.

1 week ago - marketwatch.com

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.

1 week ago - reuters.com

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

1 week ago - fool.com

New York Community Bancorp was teetering when it got a much needed cash infusion to help it with its turnaround effort. For most investors it would be smarter to buy giant U.S. banks like Bank of America or Citigroup.

2 weeks ago - seekingalpha.com

New York Community Bancorp has recently undergone a CEO change, a $1 billion capital raise, and started a turnaround plan to diversify loan risk and return to profitability. The pedigree of the new board and management is impressive. Dilution for common shareholders is the main problem, but NYCB preferred stock offers no dilution, ~9x the dividend yield, seniority to common equity, and a healthy discount to par.

2 weeks ago - zacks.com

New York Community's (NYCB) Q1 results reflect the impacts of a rise in provisions for credit losses and expenses. A fall in fee income and a lower deposit balance also affect its performance.

2 weeks ago - marketwatch.com

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 Gerlinger said Thursday.

2 weeks ago - investopedia.com

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.

2 weeks ago - seekingalpha.com

New York Community Bancorp, Inc. (NYSE:NYCB ) Q1 2024 Earnings Conference Call May 1, 2024 8:00 AM ET Company Participants Sal DiMartino - Director of Investor Relations Joseph Otting - President & Chief Executive Officer Craig Gifford - Chief Financial Officer Conference Call Participants Ebrahim Poonawala - Bank of America Dave Rochester - Compass Point Mark Fitzgibbon - Piper Sandler Chris McGratty - KBW Ben Gerlinger - Citi Christopher Marinac - Janney Montgomery Scott Bernard Von Gizycki - Deutsche Bank Casey Haire - Jefferies Jared Shaw - Barclays Janet Lee - JPMorgan Peter Winter - D.A. Davidson Matthew Breese - Stephens Steve Moss - Raymond James Jon Arfstrom - RBC Capital Markets Operator Hello, and thank you for standing by.

2 weeks ago - prnewswire.com

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 share on the Company's common stock.