TRANSACTION INCREASES CET1 CAPITAL RATIO, BOLSTERS LIQUIDITY AND LOWERS LOAN-TO-DEPOSIT RATIOHICKSVILLE, N.Y., July 22, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company"), the parent company of Flagstar Bank, N.A. (the "Bank") announced today that it has consummated the sale of approximately $5.9 billion in mortgage warehouse loans to JPMorgan Chase Bank, N.A. ("JPMC"), at par.  The Company expects to close on an additional $200 million of mortgage warehouse loans in the near ...

HICKSVILLE, N.Y., July 17, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that it plans to issue results for the three and six months ended June 30, 2024 at approximately 7:00 a.m. Eastern Time (ET) on Thursday, July 25, 2024. The earnings release and presentation will be posted to the Investor Relations portion of the Company's website, ir.myNYCB.com shortly after issuance.  The Company will conduct a conference call at 8:00 a.m. (ET) on the same date, du ...

The regional bank is struggling with the fallout from risky acquisitions and a challenging commercial real estate market.Shares of New York Community Bank (NYCB 0.99%) dropped 68.6% in the first six months of the year, according to data provided by S&P Global Market Intelligence. The bank slashed its dividend in response to a host of issues, and macroeconomic conditions are fueling investor skepticism about its prospects.Slashing the dividend after struggling to manage acquisitionsNYCB had a rough first qua ...

COMMON STOCK TO TRADE ON A REVERSE SPLIT-ADJUSTED BASIS AS OF JULY 12TH HICKSVILLE, N.Y., July 12, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") announced today that, as previously disclosed and approved by its shareholders at the Company's annual meeting held on June 5th and as determined by the Company's Board of Directors on June 26th, the one-for-three reverse stock split became effective at 5:01 p.m. ET on July 11, 2024 ("the Effective Time"). The Company's common s ...

Key Takeaways New York Community Bancorp. has said its board approved a proposal for a 1-for-3 reverse stock split set to come into effect during July. A reverse stock split is often performed in times of financial trouble and can improve the company's image, and its appeal to institutional investors and traders. NYCB stock has lost more than 70% of its value year-to-date. New York Community Bancorp, Inc. (NYCB) said it will go ahead with a 1-for-3 reverse stock split sometime mid-to-late July, after its bo ...

文章核心观点 - 纽约社区银行(NYCB)宣布进行一对三的反向股票拆分[1][2][3] - 这次反向拆股旨在提高NYCB股价,帮助稳定股价,因为自从2024年1月业绩报告不佳以来,NYCB股价一直下跌70.9%[4] - 反向拆股不会改变公司的市值,但可能会提高股价,从而吸引更多投资者[4] 公司信息 - 纽约社区银行是一家金融服务公司,主要从事银行和贷款业务[1] - 公司于7月中旬至下旬进行反向拆股,这是根据之前股东大会的批准进行的[2][3] - 公司董事会已批准了这次反向拆股[3] - 公司股票交易量较低,目前仅有330万股交易,而日均交易量约为1690万股[6]

New York Community Bancorp (NYCB) released financial information about its March acquisition of certain assets of Signature Bridge Bank, the successor to Signature Bank, from that bank’s receiver, the Federal Deposit Insurance Corp. (FDIC). NYCB’s wholly-owned subsidiary, Flagstar Bank, acquired assets with an estimated total fair value of $37.8 billion as of the transaction date, the bank said in a Thursday (June 13) filing with the Securities and Exchange Commission. The figure includes $24.9 billion in c ...

KEY PROPOSALS PASS WITH STRONG MAJORITY HICKSVILLE, N.Y., June 5, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company"), the parent company of Flagstar Bank, N.A. (the "Bank") has announced that preliminary results from the Annual Shareholders Meeting held earlier today have indicated the following directors were elected to three-year terms: Milton Berlinski, Co-founder and Managing Partner of Reverence Capital Alan Frank, Retired audit partner from Deloitte & Touche Jennifer R. ...

New York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase. The sale of these “mortgage warehouse loans” is designed to strengthen the regional bank’s capital and liquidity, according to a Tuesday (May 14) press release. “Consistent with my guidance during our recent earnings call, we are moving forward quickly to implement our strategic plan, which focuses on improving our capital, liquidity and loan-to-deposit metrics,” NYCB President and CEO Joseph Otting said in the release. “The ...

New York Community Bancorp, Inc. (NYCB) has entered into a commitment letter with JPMorgan Chase & Co. (JPM) to sell around $5 billion in mortgage warehouse loans to the latter. Sale proceeds will be reinvested into cash and securities, thereby bolstering the company’s liquidity profile. With this, on a pro-forma basis, the ratio of cash and securities to total assets is projected to improve to 24% from 20% at Mar 31, 2024. Upon closing, NYCB expects the transaction to increase the CET1 capital ratio by 65 ...