Search results
Results From The WOW.Com Content Network
The bank’s latest troubles come just one month after NYCB reported it would slash dividends after reporting a surprise loss of $252 million last quarter, compared to a $172 million profit in the ...
On Thursday’s call, NYCB also announced it’s slashing its dividend to one penny a share. This comes after the company announced in January it was cutting its dividend from $0.17 a share to $0. ...
NYCB on Tuesday highlighted what it called its "deposit stability," noting that total deposits of $83 billion were up from $81.4 billion at the end of 2023. Its uninsured deposits were $22.9 ...
The bank has grown through deals: NYCB acquired Flagstar in December 2022, making it one of the top 25 regional banks, with $88.4 billion of assets, and last year scooped up some assets and ...
The pressure on NYCB’s operations and profitability amid elevated interest rates and a murky outlook for loan defaults has raised questions as to whether NYCB, a serial acquirer of banks until ...
Troubled regional lender New York Community Bancorp attempted to reassure investors Wednesday that it has enough cash to stay afloat after the stock shed about 60% of its value over the past eight ...
NYCB surprised last week, when on Jan. 31 the bank reported a fourth quarter loss of 36 cents a share that missed Wall Street expectations. It also slashed its dividend by 71% to 5 cents a share.
Shares of New York Community Bancorp fell another 10.5% Wednesday after the bank's credit rating got downgraded to “junk” and investors worried the regional lender could suffer the same fate ...