New York Community Bancorp Inc (NYCB) Files 10-K for the Fiscal Year Ended on December 31, 2017

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New York Community Bancorp Inc (NYCB) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. New York Community Bancorp Inc has over $45 billion of total assets and operations spread across various locations across five states. It operates most of its business operations from the New York metropolitan area. New York Community Bancorp Inc has a market cap of $6.74 billion; its shares were traded at around $13.79 with a P/E ratio of 15.34 and P/S ratio of 4.82. The dividend yield of New York Community Bancorp Inc stocks is 4.92%.


For the last quarter New York Community Bancorp Inc reported a revenue of $296.3 million, compared with the revenue of $347.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.3 billion, a decrease of 6% from the previous year. For the last five years New York Community Bancorp Inc had an average revenue decline of 3% a year.

The reported diluted earnings per share was 90 cents for the year, a decline of 10.9% from the previous year. The New York Community Bancorp Inc had a decent operating margin of 49.61%, compared with the operating margin of 54.23% a year before. The 10-year historical median operating margin of New York Community Bancorp Inc is 53.76%. The profitability rank of the company is 3 (out of 10).

At the end of the fiscal year, New York Community Bancorp Inc has the cash and cash equivalents of $2.5 billion, compared with $557.9 million in the previous year. The long term debt was $12.9 billion, compared with $12 billion in the previous year. The interest coverage to the debt is 1.5, which is not a favorable level. New York Community Bancorp Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $13.79, New York Community Bancorp Inc is traded at close to its historical median P/S valuation band of $14.73. The P/S ratio of the stock is 4.82, while the historical median P/S ratio is 5.13. The stock lost 5.98% during the past 12 months.

For the complete 20-year historical financial data of NYCB, click here.

This article first appeared on GuruFocus.


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