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This reversed a seven-day slide that saw NYCB’s stock plunge by nearly 60% to close at $4.20 Tuesday. NYCB is one of the biggest regional banks in the U.S., with $116.3 billion of assets as of ...
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 ...
In the case of New York Community Bancorp, it was largely one office loan and one co-op loan that were responsible for a steep rise in net charge-offs to $185 million from $1 million in the year ...
NYCB stock notched a 52-week low of $3.32 per share on Friday. “We expect more questions on whether NYCB will sell,” Citigroup analyst Keith Horowitz said in a note. “But we do not see a lot ...
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 played the role of rescuer during that crisis by picking up parts of the failed Signature Bank just months after it had to agree to buy another rival, Flagstar. Signature Bank was among the ...
Shares of NYCB have plunged more than 60% this year but bounced back slightly on Thursday with news of the investment, adding close to 6%. The stock was up again Friday morning, but those gains ...