NYSE - Nasdaq Real Time Price USD

New York Community Bancorp, Inc. (NYCB)

2.9700

-0.1000

(-3.26%)

At close: 4:00 PM EDT

2.9700

0.00

(0.00%)

After hours: 4:52 PM EDT

NYC's Rent-Controlled Apartments Partly Behind NYCB Issues, Analysts Question If $1 Billion Lifeline Enough To Avoid SVB-Like Collapse

With the average one-bedroom, 600-square-foot New York City apartment renting for about $3,760 per month, rent prices have stretched affordability for the city's residents. It's no wonder politicians have sought to make housing more affordable in the city, but a policy aimed at doing so has been blamed, in part, for the struggles of New York Community Bancorp Inc. (NYSE:NYCB), which has seen its stock drop over 72% year to date. NYCB has been hit with a double whammy. In 2019, a change in New Yo

Benzinga yesterday

NYCB
-3.26%
Einhorn’s Greenlight Underperformed ‘Broken’ Stock Market Last Quarter

(Bloomberg) -- David Einhorn’s Greenlight Capital underperformed the “fundamentally broken” stock market at the start of the year, according to a letter to investors.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsMeta’s Miss Sparks Fears in Tech With More Earnings AheadTaylor Swift Is Proof That How We Critique

Bloomberg yesterday

NYCB
-3.26%
GLRE
Pacific Premier Bancorp (PPBI) Surpasses Q1 Earnings and Revenue Estimates

Pacific Premier Bancorp (PPBI) delivered earnings and revenue surprises of 2.08% and 2.35%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 2 days ago

PPBI

NYCB
-3.26%
Analysis-NYCB faces tough choices on CRE loans, balance sheet diversification

New York Community Bancorp will have to lure buyers for its commercial real estate (CRE) loans with steep discounts and diversify its revenue as it races to shore up its finances. The bank's new management has promised to unveil a turnaround plan this month after losses on CRE loans, NYCB's core business, sparked a rout that wiped nearly $6 billion off its market value and sparked ratings downgrades. A $1 billion investment led by former U.S. Treasury Secretary Steven Mnuchin's Liberty Strategic Capital has shored up the bank for the short-term, but it still needs to bolster its capital and shrink its exposure to the CRE sector, which has been hammered by higher interest rates.

Reuters 2 days ago

NYCB
-3.26%
Countdown to New York Community Bancorp (NYCB) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

Looking beyond Wall Street's top -and-bottom-line estimate forecasts for New York Community Bancorp (NYCB), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended March 2024.

Zacks 3 days ago

NYCB
-3.26%
The Coney Island Apartment Complex That Nearly Sparked a Banking Panic

Investors are worried about ticking time bombs on banks’ balance sheets. Warbasse Houses was one of them.

The Wall Street Journal 6 days ago

NYCB
-3.26%
NYCB-PA
Analysts Estimate New York Community Bancorp (NYCB) to Report a Decline in Earnings: What to Look Out for

New York Community Bancorp (NYCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks 7 days ago

NYCB
-3.26%
PPBI
Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout

For another quarter, big banks saw only a smattering of losses on office loans. Seemingly every week brings fresh headlines about office towers selling at deeply discounted prices. Partly that is because they have already set aside sizable reserves for future losses over the past few quarters.

The Wall Street Journal 7 days ago

CFG
+0.43%
CFG-PD

CFG-PE
OceanFirst Financial (OCFC) Tops Q1 Earnings and Revenue Estimates

OceanFirst (OCFC) delivered earnings and revenue surprises of 4.76% and 3.20%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 7 days ago

OCFC

NYCB
-3.26%
OCC was ‘asleep at the wheel’ on NYCB, Warren says

The Massachusetts Democrat and another senator asked the regulator's acting chief why it approved NYCB's merger with Flagstar when the FDIC didn't and when it saw red flags.

Banking Dive 9 days ago

NYCB
-3.26%
NYCB hires new CFO, general counsel

The beleaguered Long Island-based lender brought aboard four executives Friday whose careers had crossed paths with that of newly minted CEO Joseph Otting.

Banking Dive 11 days ago

NYCB
-3.26%
NYCB replaces CFO with banking industry veteran Gifford

The embattled lender did not disclose the details of Pinto's departure in its statement, which also included a slew of other executive appointments including that of Bao Nguyen, who will replace Patrick Quinn as the company's general counsel. NYCB did not immediately respond to Reuters' requests seeking more details. The appointment of Gifford, who has most recently worked at US Bancorp, follows two CEO changes at the bank that is now led by Joseph Otting.

Reuters 13 days ago

NYCB
-3.26%
UPDATE 3-NYCB replaces CFO with banking industry veteran Gifford

New York Community Bancorp on Friday named banking industry veteran Craig Gifford as its finance chief to succeed John Pinto, as it tries to shore up investor confidence after disclosing faults in its financial reporting earlier this year. The embattled lender did not disclose the details of Pinto's departure in its statement, which also included a slew of other executive appointments including that of Bao Nguyen, who will replace Patrick Quinn as the company's general counsel.

Reuters 13 days ago

NYCB
-3.26%
New York Community Bancorp, Inc. Bolsters Executive Team with Four Strategic Appointments

New York Community Bancorp, Inc. (NYSE: NYCB) proudly announces the appointment of four distinguished leaders to its executive management team, effective immediately. These strategic appointments signify the Company's commitment to enhancing its operational capabilities, fortifying its risk and compliance framework, and driving sustainable growth.

PR Newswire 13 days ago

NYCB
-3.26%
NYCB-PA
Big bank profits likely fell in first quarter but investors don't seem worried

Profits at big banks are not expected to dazzle when first-quarter results are released in coming days, but investors are more focused on the rest of 2024.

Yahoo Finance 14 days ago

NYCB
-3.26%
NYCB-PA

WFC
Peapack-Gladstone, Dime hire away 16 teams from NYCB

The bankers are set to accelerate Peapack's push into New York and give Dime a presence in Westchester County for the first time.

Banking Dive 16 days ago

NYCB
-3.26%
NYCB Is Losing Staff to Rivals. Will Its Turnaround Suffer?

Two rivals of the embattled lender said they had hired away private-bank teams responsible for billions of dollars in deposits.

Barrons.com 17 days ago

NYCB
-3.26%
PGC

DCOM
Banks are building more branches for the first time in a decade

US banks are finally building more branches after a decade of consolidation, looking for new ways to reach wealth management customers and expand without making risky acquisitions.

Yahoo Finance 19 days ago

NYCB
-3.26%
NYCB-PA

USB
Bank deposits are back above pre-SVB levels. Regional lenders still have problems.

Banks have now regained the deposits they lost following the collapse of Silicon Valley Bank, but that doesn't solve all challenges facing regional lenders.

Yahoo Finance 21 days ago

^KRX

NYCB
-3.26%
NYCB-PA
3 Finance Stocks to Sell Before the Next Banking Crisis

Banking crises may seem catastrophic when they hit the news cycle but they have become common in the 21st Century. As significant disruptions to the financial system, these failures are characterized by a loss of banking confidence and decreasing earnings. If left unchecked, these events can have severe consequences for the broader economy and retail investors. Thus investors with holdings in certain banking corporations should look out for finance stocks to sell before the next crisis. The most

InvestorPlace 22 days ago

MRBK

BVFL

NYCB
-3.26%

Performance Overview

Return	NYCB	S&P 500
YTD	-70.67%	+6.92%
1-Year	-64.83%	+25.26%
3-Year	-70.18%	+22.00%

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New York Community Bancorp, Inc. (NYCB)

NYC's Rent-Controlled Apartments Partly Behind NYCB Issues, Analysts Question If $1 Billion Lifeline Enough To Avoid SVB-Like Collapse

Einhorn’s Greenlight Underperformed ‘Broken’ Stock Market Last Quarter

Pacific Premier Bancorp (PPBI) Surpasses Q1 Earnings and Revenue Estimates

Analysis-NYCB faces tough choices on CRE loans, balance sheet diversification

Countdown to New York Community Bancorp (NYCB) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

The Coney Island Apartment Complex That Nearly Sparked a Banking Panic

Analysts Estimate New York Community Bancorp (NYCB) to Report a Decline in Earnings: What to Look Out for

Banks Believe They Are Well-Prepared for Commercial Real Estate Fallout

OceanFirst Financial (OCFC) Tops Q1 Earnings and Revenue Estimates

OCC was ‘asleep at the wheel’ on NYCB, Warren says

NYCB hires new CFO, general counsel

NYCB replaces CFO with banking industry veteran Gifford

UPDATE 3-NYCB replaces CFO with banking industry veteran Gifford

New York Community Bancorp, Inc. Bolsters Executive Team with Four Strategic Appointments

Big bank profits likely fell in first quarter but investors don't seem worried

Peapack-Gladstone, Dime hire away 16 teams from NYCB

NYCB Is Losing Staff to Rivals. Will Its Turnaround Suffer?

Banks are building more branches for the first time in a decade

Bank deposits are back above pre-SVB levels. Regional lenders still have problems.

3 Finance Stocks to Sell Before the Next Banking Crisis

Performance Overview