Why doesn't a larger, better managed financial institution come in with a big broom, buy this bank and sweep out out all the bad management. Seems like it would be a sweet deal for someone.
Love the upswing on Double the volume--looks good for tomorrow's earnings
Any opinions on upcoming earnings?
You gotta love the Asset quality, don't you? That and how much money people made in the stock who didn't buy it in the last 13 years.
Aug. 4th-Next Div.
Joe is in over his he should be out there apologizing to the stockholders. But he gives no explanation or gives any indication of what direction he is taking As i said before he will not make a move or do anything. He sits and prays for an easing in Dodd Frank regulation
Be patient and collect the dividend I am since 2016
BRIEF-New York Community Bancorp announces strategic sale of mortgage banking business and residential assets covered under FDIC loss share agreement
New York Community Bancorp Inc
NY real estate market has been slowing down and I think this presents a growth obstacle for nycb.
Anyone pumping this stock has to be crazy. Joe has no plan. Look what he is doing to the stock holders. If plan A does not work Joe does nothing. Bet the stock bottoms out about $11.00. But if earning continue to decline there may be another dividend cut and it the share price may go below $11.00. Look at its share price for the last 10 years, its declined big time. What is your plan Joe except trying to make acquisitions that fall through. It may be fine to have an acquisition strategy but Joe you have noting else besides this strategy. Your policy's have been dictated by Dodd Frank which have been in place since for many years. You have not done a things to position the bank for growth. It seems you just want to wait and pray the part of the law that has regulation according to bank size gets repealed Even when it does and you can start do grow the bank you wil stil be behind the eight ball. Will take many years to turn this bank around. As we speak the bank is down $0.32 to 12.97. Joe you are a piece of garbage..
I should have sold this dog when it was back up close to by buy price.
Crapo Statement at Economic Growth Hearing with Regulators
WASHINGTON – U.S. Senator Mike Crapo (R-Idaho), Chairman of the United States Senate Committee on Banking, Housing and Urban Affairs, today delivered the following remarks at a hearing entitled: “Fostering Economic Growth: Regulator Persp
Switch this out for AMD stock.
Over the past 5 years this stock is HALF of what the S&P did. That is hardly a winning strategy. Yes the dividend is nice but not worth keeping.
Looks like NYCB is having a fire sale. I bought a few hundred additional sales as the dividend is hard to resist. Higher rates has to help going forward, and expectations are low.
Who was smart enough to pick this stock up in the 12's with over 5.22% div. payout? You got the last dividend plus the price appreciation. Nice going. . .
Another bank that pays a good dividend is LYG with a market cap at 62.6 billion with a current dividend payout of 4.27%.