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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 ...
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 ...
After nearly halving early in the day, the stock surged nearly 30% after the announcement, only to give it all up and then swivel befo Embattled New York Community Bancorp gets $1 billion cash ...
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 ...
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 ...
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 ...