New York Community Bancorp Aktie News

New York Community Bancorp.'s turnaround plan under its new management team will keep the bank afloat for the time being after the lender faced speculation that it could fail, Citi analyst Ben Gerlinger said Thursday.

Shares of New York Community Bancorp (NYCB) soared 28% Wednesday after the bank laid out a plan to return to profitability, even as it reported a wider-than-expected loss for the first quarter.

New York Community Bancorp, Inc. (NYSE:NYCB ) Q1 2024 Earnings Conference Call May 1, 2024 8:00 AM ET Company Participants Sal DiMartino - Director of Investor Relations Joseph Otting - President & Chief Executive Officer Craig Gifford - Chief Financial Officer Conference Call Participants Ebrahim Poonawala - Bank of America Dave Rochester - Compass Point Mark Fitzgibbon - Piper Sandler Chris M...

HICKSVILLE, N.Y. , May 1, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common stock.

Traders shorting New York Community Bancorp's stock were sitting on more than $42 million of losses on Wednesday after the lender's better-than-expected profit forecast for the next two years sent shares surging, data from Ortex show.

New York Community Bancorp's first-quarter loss was worse than expected, but investors are focused on the long term. Management expects conditions to normalize after a year of transition.

CEO Joseph Otting took over NYCB in April after an investor group led by former Treasury Secretary Steven Mnuchin injected more than $1 billion into the lender.

New York Community Bancorp's stock NYCB, -5.02% rose 1.9% in premarket trading on Wednesday after the company reported a narrower-than-expected loss after an eventful first quarter that included a $1 billion capital raise from a firm led by former Treasury Secretary Steven Mnuchin's private-equity firm and a change in management. NYCB said it lost $335 million, or 45 cents a share in the first ...