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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 ...
Beleaguered regional lender New York Community Bank is receiving a more than $1 billion equity investment.. The majority of the investment, $450 million, is coming from former Treasury Secretary ...
The irony of New York Community Bancorp’s current predicament is that it can be partly traced back to the company's attempts to play the role of rescuer during the 2023 crisis when it stepped in ...
Now the $114 billion bank, one of the 30 largest in the US, said in a new filing that the fourth quarter loss was amended to $2.7 billion due to a new $2.4 billion "goodwill" non-cash impairment ...
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 ...
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. ...
Investors lulled into thinking U.S. regional banks were out of the woods after ruptures last year have been given a jolt by New York Community Bank. The under-the-radar lender's earnings report ...
New York Community Bancorp lost 7% of its deposits in one month, highlighting the challenges facing a new investor group led by Steve Mnuchin as it outlined its turnaround strategy Thursday.