Doubt it, but who cares if it does. I've held this stock for a long time, collecting the divy & with nice capital gains. NYCB has outperformed the market all year after under-performing for years when everyone chased momo stocks. NYCB holding up very well.
The behavior in TLT was very interesting yesterday. Eventually we go much higher mid to high 20's. Great company. I've held it for years.
NYCB book is about 1.4 Banks like this one will sell for a minimum of 2x book and sometimes because of a clean balance sheet and big insider holdings it will sell for 2.5 times Management has always said anything they might acquire will be accretive
Historically they've paid out what they earned. I'm not sure there is room for a buyer, unless they cut the dividend after the purchase. Don't think I would want to be a holder under those conditions.
Even the good ones are being sucked down. I've taken profits and might buy back when lower. There will be opportunities for people with cash in the next couple of months.
NYCB just appeared on a list of banks that MIGHT be acquired Because of a great management plan and senior officers What do others think could it be worth It is a short list furnished by Raymond James