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Stock impact report

Quality Performance In A Difficult Environment By New York Community Bancorp [Seeking Alpha]

New York Community Bancorp, Inc. (NYCB) 
Last new york community bancorp, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.mynycb.com
Company Research Source: Seeking Alpha
Quality Performance In A Difficult Environment By New York Community Bancorp Summary New York Community Bancorp has started to grow its portfolio and has completed the bulk of planned share repurchases. With recessionary fears at the forefront, the bank's quality standards has allowed it to outperform its peers. We examine this from a valuation standpoint and give our take on this regional bank. When we last covered New York Community Bancorp ( NYCB maintain a bullish bias Q2-2019 results NYCB reported net income for the quarter of $97.2 million which was down slightly from the $97.6 million reported last year. Earnings per share were flat as lower overall income was more than offset by a lower share count. NYCB emphasized that its portfolio was back in growth mode and average assets are up about 1.5% since December 2018. Source: NYCB Q2-2019 presentation A good deal of that loan growth came in NYCB's home turf of multifamily residential property mortgages. Despite some recent press a Show less Read more
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