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NYCB’s shares on Wednesday closed at $4.48, up 28 cents or nearly 7%. This reversed a seven-day slide that saw NYCB’s stock plunge by nearly 60% to close at $4.20 Tuesday.
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 ...
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 ...
Shares of the troubled lender plunged 25% Friday to below $4 apiece after NYCB restated recent quarterly earnings lower by $2.4 billion, formally replaced its CEO and delayed the release of a key ...
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 has roughly $2.6 billion in office loans, but it is more heavily exposed to multifamily properties. As of the third quarter, about 45% of its loans held for investment are tied to apartment ...
Customers of New York Community Bank pulled $6 billion worth of deposits between February 5 and March 5, leaving the bank’s deposit base 7% lower, at $77 billion.
NYCB is one of the biggest regional banks in the U.S., with $116.3 billion of assets as of Dec. 31. ... The stock was up again Friday morning, but those gains quickly evaporated, and by the middle ...