When NYB is able to put all of the pieces in place for a transformational deal they will. This means satisfying the regulators on capital and earnings levels to maintain their current dividend.
I don't know big the deal would be but looking at AF for example this would bring in needed deposits to lower their funding costs to support earnings.
I'm hoping this can happen before the first half of next year but who knows!
What evidence do you have to support your Hypothesis of a 'Tranformational Deal' ???