undefined undefined/iStock via Getty Images New York Community Bancorp (NYSE:NYCB) is a bank holding company, in transition from its NYC focus to being a more national operator. Recently, the share price has seen a significant decrease over the last six months. NYCB 6M Price History (Seeking Alpha) Once trading around book value and boasting a 7% dividend yield, NYCB reduced its dividend not once, but twice in this period. Now trading at a major discount to tangible book value, one has to wonder if there's ...