The Company expects to close on an additional $200 million of mortgage warehouse loans in the near future, once necessary customer approvals are received. Upon closing, the Company expects that the transaction will add approximately 70 basis points to its CET1 ratio.
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/26/2024 | $14.00 | Equal Weight → Overweight | Barclays |
| 5/1/2024 | $3.00 → $3.50 | Underperform → Neutral | Wedbush |
| 5/1/2024 | $4.00 | Neutral → Overweight | Piper Sandler |
| 3/18/2024 | $3.00 | Mkt Perform → Underperform | Raymond James |
| 3/8/2024 | $4.00 | Equal Weight | Barclays |
| 3/1/2024 | $8.00 → $5.00 | Overweight → Neutral | Piper Sandler |
| 2/8/2024 | $8.50 → $5.00 | Buy → Neutral | DA Davidson |
| 2/7/2024 | $11.50 → $5.50 | Overweight → Neutral | JP Morgan |
8-K - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Filer)
8-K - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Filer)
8-K - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Filer)
HICKSVILLE, N.Y., Sept. 16, 2024 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary (the "Bank") of New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), announced today the expansion of its Commercial and Private Banking leadership team with the appointment of four accomplished senior executives. "We are excited to welcome four outstanding new senior executives to our Commercial and Private Banking team," said Joseph Otting, Chairman, President, and CEO, Flagstar Bank. "Their deep expertise and impressive track records are crucial as we enhance our client cover
HICKSVILLE, N.Y., July 23, 2024 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary (the "Bank") of New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), announced today the appointment of nine seasoned leaders to its leadership team, effective immediately. These additions further enhance the Company's oversight of core businesses and client-focused operations, bringing a blend of financial, commercial, private banking, IT, credit, and regulatory pedigree to the organization. Joseph Otting, Chairman, President, and CEO, commented on the new appointments, "Driving
KEY PROPOSALS PASS WITH STRONG MAJORITY HICKSVILLE, N.Y., June 5, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company"), the parent company of Flagstar Bank, N.A. (the "Bank") has announced that preliminary results from the Annual Shareholders Meeting held earlier today have indicated the following directors were elected to three-year terms: Milton Berlinski, Co-founder and Managing Partner of Reverence CapitalAlan Frank, Retired audit partner from Deloitte & ToucheJennifer R. Whip, Principal with Cambridge OnePreliminary results also indicated that
Barclays upgraded New York Community from Equal Weight to Overweight and set a new price target of $14.00
Wedbush upgraded New York Community from Underperform to Neutral and set a new price target of $3.50 from $3.00 previously
Piper Sandler upgraded New York Community from Neutral to Overweight and set a new price target of $4.00
SC 13D/A - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Subject)
SC 13D/A - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Subject)
SC 13D/A - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Subject)
New York Community (NYSE:NYCB) reported quarterly losses of $(1.05) per share which missed the analyst consensus estimate of $(0.42) by 150 percent. This is a 174.47 percent decrease over earnings of $1.41 per share from the same period last year. The company reported quarterly sales of $557.000 million which missed the analyst consensus estimate of $600.962 million by 7.32 percent. This is a 38.11 percent decrease over sales of $900.000 million the same period last year.
Flagstar Bank, N.A. (the "Bank"), the bank subsidiary of New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company") announced today that, it entered into a definitive agreement to sell its residential mortgage servicing business, including mortgage servicing rights and the third-party origination platform to Mr. Cooper (NASDAQ:COOP), a leading non-bank mortgage originator and servicer for approximately $1.4 billion. The transaction is expected to close during the fourth quarter of 2024.
4 - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Issuer)
4 - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Issuer)
4/A - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Issuer)
HICKSVILLE, N.Y., Oct. 25, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common stock. The dividend is payable on December 17, 2024 to common stockholders of record as of December 7, 2024. In addition, the Board of Directors declared quarterly cash dividends on two series of its preferred stock. A quarterly cash dividend on its Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock, Series A (NYSE:NYCB) at the rate of $
STRONG MOMENTUM CONTINUES WITH OUR TURNAROUND STRATEGY AS DEPOSITS GREW ANOTHER $4 BILLION OR 5% AND MORE KEY HIRES JOIN WHOLESALE BORROWINGS DECREASED OVER 30% AND A LOAN TO DEPOSIT RATIO OF 86% MAINTAINED A SOLID ALLOWANCE FOR CREDIT LOSSES RATIO OF 1.87% COMPARED TO 1.78% LAST QUARTER CONTINUE TO DE-RISK LOAN PORTFOLIO AS COMMERCIAL REAL ESTATE EXPOSURE DECLINED ANOTHER 3% STRONG CAPITAL LEVELS AND LIQUIDITY POSITION HICKSVILLE, N.Y., Oct. 25, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) ("the Company"), the holding company for Flagstar Bank, N.A. (the "Bank"), today reported its results for the third quarter of 2024. The Company reported a net loss of $280 million f
HICKSVILLE, N.Y., Oct. 17, 2024 /PRNewswire/ -- Flagstar Bank, N.A., (the "Bank") a subsidiary of New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), today announced a workforce reduction as part of its strategic transformation plan, consistent with the business strategy outlined previously, and aimed at further integrating its three legacy banks that were united through acquisitions. Commenting on the reduction, Joseph Otting, Chairman, President and CEO stated, "We want to express our appreciation for our employees' contributions. Their hard work and dedication ha
4 - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Issuer)
4 - NEW YORK COMMUNITY BANCORP INC (0000910073) (Issuer)
4 - NEW YORK COMMUNITY BANCORP INC (0000910073) (Issuer)
HICKSVILLE, N.Y., Oct. 25, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common stock. The dividend is payable on December 17, 2024 to common stockholders of record as of December 7, 2024. In addition, the Board of Directors declared quarterly cash dividends on two series of its preferred stock. A quarterly cash dividend on its Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock, Series A (NYSE:NYCB) at the rate of $
STRONG MOMENTUM CONTINUES WITH OUR TURNAROUND STRATEGY AS DEPOSITS GREW ANOTHER $4 BILLION OR 5% AND MORE KEY HIRES JOIN WHOLESALE BORROWINGS DECREASED OVER 30% AND A LOAN TO DEPOSIT RATIO OF 86% MAINTAINED A SOLID ALLOWANCE FOR CREDIT LOSSES RATIO OF 1.87% COMPARED TO 1.78% LAST QUARTER CONTINUE TO DE-RISK LOAN PORTFOLIO AS COMMERCIAL REAL ESTATE EXPOSURE DECLINED ANOTHER 3% STRONG CAPITAL LEVELS AND LIQUIDITY POSITION HICKSVILLE, N.Y., Oct. 25, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) ("the Company"), the holding company for Flagstar Bank, N.A. (the "Bank"), today reported its results for the third quarter of 2024. The Company reported a net loss of $280 million f
HICKSVILLE, N.Y., Oct. 17, 2024 /PRNewswire/ -- Flagstar Bank, N.A., (the "Bank") a subsidiary of New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), today announced a workforce reduction as part of its strategic transformation plan, consistent with the business strategy outlined previously, and aimed at further integrating its three legacy banks that were united through acquisitions. Commenting on the reduction, Joseph Otting, Chairman, President and CEO stated, "We want to express our appreciation for our employees' contributions. Their hard work and dedication ha