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New York Community Bancorp Inc. Message Board

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  • gulf_man_22 gulf_man_22 Oct 24, 2012 10:59 AM Flag

    why the selling? do people actually day trade this?

    Had to got to the company site to see the 8K info. I didn't see any major issues. 3rd quarter was a little lower than 2nd, but still better than last year. That's a common issue this earnings period. With all the talk about GAAP versus non-GAAP, it's hard to tell what part of their revenue and earnings growth, or lack of it, is organic versus M&A. With record prepayment penalty income, it's obvious future loan interest income will be affected. Good to see YTD GAAP earnings at 82 cents. Bottom line (IMHO) - the bank continues to look strong and the dividend safe (for now).

    Sentiment: Hold

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16.04+0.11(+0.69%)Jul 9 4:01 PMEDT

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