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Troubled regional lender New York Community Bancorp attempted to reassure investors Wednesday that it has enough cash to stay afloat after the stock shed about 60% of its value over the past eight ...
The Hicksville, N.Y.-based bank has a high level of exposure to rent-controlled apartment complexes in New York City. Those buildings account for 22% of its loans.
New York Community Bancorp (NYSE: NYCB) was on the ropes not too long ago, forced to drastically cut its dividend and accept a $1 billion bailout. Now in full-on turnaround mode, the company's ...
Shares of New York Community Bank (NYSE: NYCB) 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 ...
Beleaguered regional lender New York Community Bank is receiving a more than $1 billion equity investment.. The majority of the investment, $450 million, is coming from former Treasury Secretary ...
New York Community Bank made a dramatic attempt to regain investor confidence by announcing a new CEO and a $1 billion infusion from a group that includes former Treasury Secretary Steven Mnuchin.
New York Community Bancorp, Inc. New York Community Bancorp, Inc. ( NYCB ), headquartered in Hicksville, New York, is a bank holding company for Flagstar Bank. In 2023, the bank operated 395 branches in New York, Michigan, New Jersey, Ohio, Florida, Arizona and Wisconsin. [ 3] Branches used to be operated under the names Queens County Savings ...
Now the $114 billion bank, one of the 30 largest in the US, said in a new filing that the fourth quarter loss was amended to $2.7 billion due to a new $2.4 billion "goodwill" non-cash impairment ...