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New York Community Bancorp, Inc. (NYCB)

NYSE - Nasdaq Real Time Price. Currency in USD
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11.08+0.01 (+0.05%)
As of 12:13PM EDT. Market open.
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  • H
    Hat42
    Help me here ,I though that rising interest rates helped banks.
  • B
    Bruce
    good day to buy under the 200 day average.
  • C
    C
    Hennessy’s Dave Ellison bullish on NYCB shares:
    "It's a new management team, they just did an acquisition — the hope is that they will continue to acquire and get bigger….The issue with small-cap banks is you need to get bigger — you can't be a $5 billion bank and compete against all these different companies that are trying to take their customers."
    Neutral
  • B
    Bobby N
    Looks like the risk on trade with Tech is back and rotating out of financials. In this environment NYCB is way oversold!
    Bullish
  • E
    Evan
    This is not a bad stock to own if you buy it on the dip and hold it for a nice dividend. Over the last 10 plus years this stock has done nothing but went down in price. So if you pick the stock up on a dip you will do nicely because I don't think there's a big-time downside in price
  • B
    Bobby N
    Hey guys let's all calm down! Financials as a whole especially regionals have been getting killed and are way oversold. And the Fed no matter what Bullard said the Fed is not going to move until 2023(might be the first quarter of it). NYCB is already making moves to become less sensitive to rising short term rates with their acquisition of Flagstar and will also make deals other deals to address this area in addition to bringing in more core deposits organically.

    Yes the bank has underperformed but I believe things are improving and the future is looking much better for the bank. If people aren't happy with the bank/stock and think this is a bad investment going forward then just sell and stop complaining on this board!
    Bullish
  • D
    Derek
    I'snt this great news for NYCB, not raising rates probably till 2023 and then with Flagstar purchase this should be a great slow synergy. Ill stick around until it breaks currently 11.20.
  • B
    Bobby N
    With the projected 16 percent accretion to earnings in 2022 upon the completion of the merger with Flagstar
    I don't see why NYCB can't increase the dividend 4 cents a next year and every year after(this is a conservative amount).
  • C
    C
    Bank stocks are suffering because of a searing across the board rally without the sorts of things to back it: for many banks, we don’t see evidence of stronger lending, we certainly don’t have higher rates for the safe capital and to grow NIM, and this week you have the big boys on the street warn that trading volume is drying up big time.

    Recently, investors have started questioning whether the Fed is really committed to higher interest rates, or whether they’ll suffer a lack of nerve. With their modest moves guesstimated for 2023, there’s a lot of time to flinch as well as be susceptible to political pressure. (No party when it’s in power likes to see the Fed raising rates, since stuff can go wrong.)

    C&I loan volumes are still at recession levels. There are fewer home loans. And cc loans are risky, so they can add some pep to a portfolio but it’s too risky to big on them, especially to subprime borrowers who bring in the most profitable business because of their poor creditworthiness.

    Regional banks are trading at a higher multiple that I don’t think in all cases is justified. Many mediocre banks have benefited from a rising tide lifting their boats too. I would advise people to trim back or close their holdings in banks that can’t reliably grow earnings, given that bank stocks are no longer cheap on an absolute basis. At the same time, banks that can grow earnings will be rewarded, regardless of whether the Fed loses their nerve. Look at the metrics — P/TBV, P/E, etc. — and ask whether the premium the market is asking is too rich.
    Neutral
  • D
    Derek
    Back in the game, only if it stays above the 200 mda!
  • R
    Ricardo Velez
    Cangemi, Pinto and Wann should be looking at the bank's next acquisition. I wonder how much input Sandro, the new Chairman of the combined entity will have over merger and acquisition matters.

    I predict that they will go after NBT Bancorp out of New York to squeeze out some efficiencies via the branch network in New York, while at the same time expanding into different states including Pennsylvania, Vermont, Massachusetts, Maine, Connecticut and New Hampshire for geographical diversification.

    The deal would only require about half of what will be spent on FlagStar Bank, but give it an instant presence in New England and the opportunity for more Commercial and Industrial Loans along with agricultural loan exposure to diversify the bank's loan book.
    Bullish
  • s
    sol
    Bought in huge in 6 different accounts. Can’t believe you gave me the chance this cheap. Thought it was up up and away.
  • H
    Henry
    WOW insider buying
  • D
    Derek
    Out like a trout, I just dont want dead money or lose money for extended periods of time, sorry but the dividend won't make up the losses... There's other stocks like Amazon and Shopify and many others that are making money!
  • L
    Luis
    well there a lion in the jungle I don't believed it Insider Buying .Let me open my eyes and make sure it's not a dream.Those follow have been awarding stocks for years for no performance I don't believe it.
  • K
    Kim
    Every .2 drop I accumulate 500
    Let the players play there game.
    You saw earnings report.
    You heard leadership
  • B
    Bobby N
    With a merger finally in place I guess there is not really much to discuss until earnings come out next month with analyst opinions. I don't believe we will have any news regarding the merger until then also!
    Bullish
  • R
    Rex
    What a beautiful stock divided play at these levels !☺️
    Bullish
  • J
    Jean
    Been waiting a long time to enter the stock. Put a toe in the water today. I like
    the new strategic direction. Will build a position over the next 6 months. Banks are going
    to be big winners as interest rates increase
  • H
    Henry
    ANOTHER INSIDER PURCHASE ON TOP OF THE LAST 2...20000 SHARES