Forget New York Community Bancorp: Billionaires Are Buying Up This Bank Stock Instead
TBBKThe Bancorp(TBBK) The Motley Fool·2024-08-24 20:30

New York Community Bancorp faced adversity and crumbled. M&T Bank is sailing right along under the same conditions. New York Community Bancorp (NYCB 8.45%) is a turnaround stock that only the most aggressive investors will want to own. On the other hand, more conservative investors will probably find M&T Bank (MTB 2.46%) a far more appealing option, noting that an aggregate of 13F filings shows that it is a favorite among the world's largest investors. Here's why you might want to avoid New York Community B ...