NYB had a great quarter,why would anyone think of a dividend cut,they been paying the same dividend for years7.8%They purchase another bank at a good deal,that should help the bank assets.Only shorts are talking this line.
lost by JPM - aren't you glad NYB does not have a trading desk with a London whale making billion dollar bets and losing those billions!!! It is unbelievable that things like this are still going on at some banks. Lessons are never learned unless there are some heads rolled or claw backs of money. Investors looking for safety should be buying NYB - making money and paying a dividend.