New York Community Bancorp, Inc. (NYCB)
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- Zacks
New York Community (NYCB) Reports Loss in Q2, Stock Tanks 3%
New York Community's (NYCB) Q2 results reflect the impacts of the rise in provisions and expenses. A fall in fee income and lower loan balance further affects its performance.
- Thomson Reuters StreetEvents
Q2 2024 New York Community Bancorp Inc Earnings Call
Q2 2024 New York Community Bancorp Inc Earnings Call
- Yahoo Finance Video
NYCB stock sinks after posting bigger Q2 loss than expected
Shares of New York Community Bancorp (NYCB) are sinking after provisions for its loan losses in its second quarter came in higher than expected. The regional bank also announced that its subsidiary Flagstar Bank has agreed to sell its residential mortgage-servicing unit for about $1.4 billion. Catalysts hosts Seana Smith and Madison Mills break down the earnings and some of the headwinds facing New York Community Bank. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
