Sun, May 19, 2013, 8:35 PM EDT - U.S. Markets closed
NYB....when the banking sector further stabalizes...ie: yields rise at least 1-1.5% off of these levels for the 10-year...within 3 years....prices for NYB shares should reach into them $17-$19. dollar area....Your thoughts?
All banks will do better when they can increase margins via spreads as you are suggesting. We just need to be patient and wait. Meanwhile NYB pays a fat dividend, what is there not to like?
agree with all of the above. Realhope is that they are taken over at a price of 28$. NY will always be a desirable are for bsnks.
much sooner,great bank