New York Community Bancorp, Inc. operates as the bank holding company for New York Community Bank that provides banking products and services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company accepts various deposit products, such as interest-bearing checking and money market, savings, non-interest-bearing, and individual retirement accounts, as well as certificates of deposit. Its loan products include multi-family loans; commercial real estate loans; specialty finance loans and leases; and commercial and industrial loans; acquisition, development, and construction loans; one-to-four family loans; and consumer loans. The company also offers annuities, life and long-term care insurance products, and mutual funds; cash management products; and online, mobile, and phone banking services. It primarily serves individuals, small and mid-size businesses, and professional associations through a network of 237 community bank branches and 340 ATM locations. The company was formerly known as Queens County Bancorp, Inc. and changed its name to New York Community Bancorp, Inc. in November 2000. New York Community Bancorp, Inc. was founded in 1859 and is headquartered in Westbury, New York.
IPO Year:
Exchange: NYSE
Website: mynycb.com
| 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 |
| 2/7/2024 | $8.50 → $5.00 | Buy → Neutral | BofA Securities |
| 2/2/2024 | $15.00 → $7.00 | Buy → Hold | Deutsche Bank |
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
HICKSVILLE, N.Y., Oct. 17, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company") today announced that it plans to issue results for the three and nine months ended September 30, 2024 at approximately 7:00 a.m. Eastern Time (ET) on Friday, October 25, 2024. The earnings release and presentation will be posted to the Investor Relations portion of the Company's website, ir.myNYCB.com shortly after issuance. The Company will conduct a conference call at 8:00 a.m. (ET) on the same date, during which Chairman, President, and Chief Executive Officer, Jose
NEW NAME SIGNALS CONTINUED EVOLUTION INTO A SINGULAR BRAND, ALIGNING WITH THE COMPANY'S STRATEGIC FOCUS ON BECOMING A FULL-SERVICE REGIONAL FRANCHISE WITH A GROWTH-ORIENTED VISION HICKSVILLE, N.Y., Oct. 15, 2024 /PRNewswire/ -- New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), the holding company of Flagstar Bank, N.A., today announced that its Board of Directors approved and adopted an amendment to the Company's Amended and Restated Certificate of Incorporation, changing the Company's name to Flagstar Financial, Inc. (the "Name Change"). Commenting on the Name Ch
Kroger announced it will match Flagstar donations pound-for-pound resulting in 4,000 meals for metro Detroit families in need. HICKSVILLE, N.Y., Oct. 9, 2024 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary (the "Bank") of New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), today announced the food drive held in partnership with Soaring Eagle Arts, Beats & Eats Festival, a metro Detroit celebration of art, music, food and community, at participating bank branches successfully collected over 2,000 pounds of food for Forgotten Harvest. In a generous collaboration, event partner, Kroger matched the donations pound-for-pound, resulting in a total of over 4,000 pounds of food
HICKSVILLE, N.Y., Oct. 3, 2024 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary (the "Bank") of New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), was honored by the American Bankers Association (ABA) as the recipient of the Outstanding Overall DEI Program Award as part of the ABA's 2024 Diversity, Equity and Inclusion Awards. ABA's Diversity, Equity and Inclusion Awards recognize member banks for their internal-facing programs, leadership and activities focused on improving diversity, equity, and inclusion within their workplace. Flagstar Bank was chosen b
Latest ESG Report Demonstrates Company's Responsible Business Practices and Showcases Early Achievement of 2030 Carbon Emissions Targets HICKSVILLE, N.Y., Sept. 25, 2024 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary (the "Bank") of New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), released its 2023 Environmental, Social, and Governance (ESG) Report. The report highlights Flagstar's commitment to sustainability and social responsibility, showcasing progress while outlining ongoing efforts to drive meaningful advancements in environmental, social, and governance practices.
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., Aug. 5, 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 September 17, 2024 to common stockholders of record as of September 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
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.
New York Community's (NYSE:NYCB) short percent of float has fallen 5.06% since its last report. The company recently reported that it has 95.28 million shares sold short, which is 10.32% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.58 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short i
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.
These eleven mid-cap stocks were the best performers in the last week. Are they in your portfolio? Virtu Financial, Inc. (NASDAQ:VIRT) shares jumped 30.04% after reporting better-than-expected Q2 financial results. V.F. Corporation (NYSE:VFC) stock upped 22.38% after the company announced it entered into a Stock and Asset Purchase Agreement to sell its Supreme brand to EssilorLuxottica (OTC: ESLOF) for $1.5 billion in cash. Several analysts raised their price forecasts on VFC. New Fortress Energy Inc. (NASDAQ:NFE) shares grew 20.19% after the company announced that it achieved First LNG for its initial Fast LNG asset located offshore Altamira, Mexico. Riot Platforms Inc (NASDAQ:
Keefe, Bruyette & Woods analyst Christopher Mcgratty maintains New York Community (NYSE:NYCB) with a Market Perform, adjusts target to $11.25 from $3.75 (1-3 Reverse Stock Split)
These ten large-cap stocks were the best performers in the last week. Are they in your portfolio? Rivian Automotive Inc (NASDAQ:RIVN) stock gained 21.37% in the last week following recent CPI Data. Additionally, the Department of Energy disclosed a $1.7 billion investment to transform 11 auto facilities that are either shut down or at risk into electric vehicle manufacturing plants and supply chain hubs. Enphase Energy Inc (NASDAQ:EMPH) stock upped 21.15% after the company announced residential and commercial products that can help solar projects qualify for the “Domestic Content Bonus Credit.” D.R. Horton, Inc. (NYSE:DHI) stock rocketed 12.53%. Shares of homebuilders, building com
COMMON STOCK TO TRADE ON A REVERSE SPLIT-ADJUSTED BASIS AS OF JULY 12THHICKSVILLE, N.Y., July 12, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company") announced today that, as previously disclosed and approved by its shareholders at the Company's annual meeting held on June 5th and as determined by the Company's Board of Directors on June 26th, the one-for-three reverse stock split became effective at 5:01 p.m. ET on July 11, 2024 ("the Effective Time"). The Company's common stock will begin trading on the New York Stock Exchange ("NYSE") on a reverse split-adjusted basis as of the market open today, July 12, 2024. The trading symbol of the common stock, NYCB, re
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)
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)
8-K - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Filer)
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10-Q - NEW YORK COMMUNITY BANCORP, INC. (0000910073) (Filer)
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
Raymond James downgraded New York Community from Mkt Perform to Underperform and set a new price target of $3.00
Barclays initiated coverage of New York Community with a rating of Equal Weight and set a new price target of $4.00
Piper Sandler downgraded New York Community from Overweight to Neutral and set a new price target of $5.00 from $8.00 previously
DA Davidson downgraded New York Community from Buy to Neutral and set a new price target of $5.00 from $8.50 previously
JP Morgan downgraded New York Community from Overweight to Neutral and set a new price target of $5.50 from $11.50 previously
BofA Securities downgraded New York Community from Buy to Neutral and set a new price target of $5.00 from $8.50 previously
Deutsche Bank downgraded New York Community from Buy to Hold and set a new price target of $7.00 from $15.00 previously
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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
HICKSVILLE, N.Y., Oct. 17, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company") today announced that it plans to issue results for the three and nine months ended September 30, 2024 at approximately 7:00 a.m. Eastern Time (ET) on Friday, October 25, 2024. The earnings release and presentation will be posted to the Investor Relations portion of the Company's website, ir.myNYCB.com shortly after issuance. The Company will conduct a conference call at 8:00 a.m. (ET) on the same date, during which Chairman, President, and Chief Executive Officer, Jose
NEW NAME SIGNALS CONTINUED EVOLUTION INTO A SINGULAR BRAND, ALIGNING WITH THE COMPANY'S STRATEGIC FOCUS ON BECOMING A FULL-SERVICE REGIONAL FRANCHISE WITH A GROWTH-ORIENTED VISION HICKSVILLE, N.Y., Oct. 15, 2024 /PRNewswire/ -- New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), the holding company of Flagstar Bank, N.A., today announced that its Board of Directors approved and adopted an amendment to the Company's Amended and Restated Certificate of Incorporation, changing the Company's name to Flagstar Financial, Inc. (the "Name Change"). Commenting on the Name Ch
Kroger announced it will match Flagstar donations pound-for-pound resulting in 4,000 meals for metro Detroit families in need. HICKSVILLE, N.Y., Oct. 9, 2024 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary (the "Bank") of New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), today announced the food drive held in partnership with Soaring Eagle Arts, Beats & Eats Festival, a metro Detroit celebration of art, music, food and community, at participating bank branches successfully collected over 2,000 pounds of food for Forgotten Harvest. In a generous collaboration, event partner, Kroger matched the donations pound-for-pound, resulting in a total of over 4,000 pounds of food
HICKSVILLE, N.Y., Oct. 3, 2024 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary (the "Bank") of New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), was honored by the American Bankers Association (ABA) as the recipient of the Outstanding Overall DEI Program Award as part of the ABA's 2024 Diversity, Equity and Inclusion Awards. ABA's Diversity, Equity and Inclusion Awards recognize member banks for their internal-facing programs, leadership and activities focused on improving diversity, equity, and inclusion within their workplace. Flagstar Bank was chosen b
Latest ESG Report Demonstrates Company's Responsible Business Practices and Showcases Early Achievement of 2030 Carbon Emissions Targets HICKSVILLE, N.Y., Sept. 25, 2024 /PRNewswire/ -- Flagstar Bank, N.A., the bank subsidiary (the "Bank") of New York Community Bancorp, Inc., (NYSE:NYCB) (the "Company"), released its 2023 Environmental, Social, and Governance (ESG) Report. The report highlights Flagstar's commitment to sustainability and social responsibility, showcasing progress while outlining ongoing efforts to drive meaningful advancements in environmental, social, and governance practices.
HICKSVILLE, N.Y., Aug. 5, 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 September 17, 2024 to common stockholders of record as of September 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
HICKSVILLE, N.Y., Aug. 2, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company") today announced that it has approved employment inducement awards for two individuals who have recently become executives of the Company. In connection with the appointments of (i) Richard Raffetto, as Senior Executive Vice President and President of Commercial and Private Banking, and (ii) Kris Gagnon, as Senior Executive Vice President and Chief Credit Officer, the Compensation Committee of the Board of Directors of the Company approved employment inducement awards for
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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
HICKSVILLE, N.Y., June 4, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company"), the parent company of Flagstar Bank, N.A. (the "Bank") announced that on June 3, 2024, the Board of Directors appointed President and Chief Executive Officer, Joseph M. Otting, to the additional role of Executive Chairman of the Board of both the Company and the Bank, effective as of the close of business on June 5, 2024. Mr. Otting's appointment will better facilitate his ability, alongside the new senior executive leadership team, to continue to improve all aspects of the Company's operations and execute on its strategic initiatives.
HICKSVILLE, N.Y., April 12, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) proudly announces the appointment of four distinguished leaders to its executive management team, effective immediately. These strategic appointments signify the Company's commitment to enhancing its operational capabilities, fortifying its risk and compliance framework, and driving sustainable growth. Joseph Otting, President and CEO, commented, "We are thrilled to welcome Craig, Bao, Scott and James to our executive team. Their collective expertise and deep industry knowledge will b
Former Secretary Steven Mnuchin, Joseph Otting, Allen Puwalski and Milton Berlinski to Join NYCB Board of Directors Joseph Otting to Become CEO and Alessandro DiNello to be Named as Non-Executive Chairman Investment is Strong Endorsement of New Management Team; Creates Strong Balance Sheet Reconstituted Board and Management Team Positioned to Deliver Well Capitalized $100+ Billion National Bank with a Diversified, De-Risked Business Model HICKSVILLE, N.Y., March 6, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) ("NYCB" or the "Company") today announced that Liberty Strategic Capital ("Liberty"), Hudson Bay Capital ("Hudson Bay"), Reverence Capital Partners ("Reverence Cap
HICKSVILLE, N.Y., Feb. 29, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) ("NYCB" or the "Company") today announced the appointment of Alessandro (Sandro) DiNello, Executive Chairman of the Board, as President and Chief Executive Officer, effective immediately. Mr. DiNello succeeds Thomas R. Cangemi, who has stepped down as President and Chief Executive Officer after 27 years with the Company. Mr. Cangemi remains on the Board. In addition, Marshall Lux, a financial services industry leader who has served as an independent director since 2022, has been named
HICKSVILLE, N.Y., Sept. 6, 2023 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company") today announced the appointment of Julie Signorille-Browne as Senior Executive Vice President and Chief Operating Officer. Ms. Signorille-Browne joined the Company in 2021 as Executive Vice President and Chief Administrative Officer and has more than three decades of experience in bank operations, process improvement, and M&A integration. Prior to joining the Company, she was Executive Vice President and Chief Operating Officer of the consumer bank at Citizens Financial Group, where she was responsible for consumer banking operations.
Combining the Best of Both Banks to Create the 24th Largest Regional Bank in the Country Company Names New Board Members and Executive Leadership Team HICKSVILLE, N.Y., Dec. 1, 2022 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company" or "NYCB") announced that its acquisition of Flagstar Bancorp, Inc. ("Flagstar" or "FBC") was completed earlier today, creating a regional banking franchise ranking among the top 25 banks in the country based on total assets. In accordance with the Agreement and Plan of Merger dated April 24, 2021, as amended on April 26, 2022 and October 27, 2022 by and among the Company, Flagstar, and 615 Corp. (the "Merger Agreement"), Flagstar merged
HICKSVILLE, N.Y., Feb. 28, 2022 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company" or "NYCB") today announced the appointment of Marshall Lux – a prominent and highly-regarded financial services industry professional - to the Boards of Directors of the Company and its main banking subsidiary, New York Community Bank (the "Bank"), effective immediately. He was also named to the Audit Committee and the Risk Assessment Committee. Mr. Lux has a long and distinguished career in financial services, spanning nearly 40 years and encompassing a wide spectrum o