|Bid||10.43 x 2200|
|Ask||10.67 x 1100|
|Day's Range||10.30 - 10.66|
|52 Week Range||5.81 - 11.21|
|Beta (5Y Monthly)||1.05|
|PE Ratio (TTM)||2.76|
|Earnings Date||Jul 25, 2023 - Jul 31, 2023|
|Forward Dividend & Yield||0.68 (6.61%)|
|Ex-Dividend Date||May 05, 2023|
|1y Target Est||11.89|
As part of the integration process, JPMorgan (JPM) and First Citizens BancShares (FCNCA) announce layoffs at acquired First Republic Bank and Silicon Valley Bank, respectively.
Citizens Financial, New York Community Bancorp and Banner have been highlighted in this Industry Outlook article.
PacWest (PACW) announces strategic actions to bolster operating efficiency and focus on core business. These steps help regain investor confidence in the stock, which rallies 28.8%.
The Zacks Savings and Loan industry players like CFG, NYCB and BANR are poised to tide through a potential recession, waning loan demand and high funding costs on sustainable business models and buyouts.
New York Community (NYCB) is expanding through acquisitions. Solid loan and deposit balances, higher net interest margin and ample liquidity are positives. Yet, elevated expenses are concerning.
New York Community (NYCB) stock rises 27.9% year to date. Inorganic expansion initiatives, solid balance sheet and efforts to bolster revenues are likely to lead to bullish investor sentiments, going forward.
This bank stock has not performed well over the last five or even 10 years, but things have suddenly changed.
New York Community Bancorp's (NYCB) 39 million shares are being offered by FDIC in an underwritten public offering. FDIC received the shares as a consideration for NYCB's purchase of Signature Bank.
(Bloomberg) -- The Federal Deposit Insurance Corp. will sell New York Community Bancorp Inc. shares it acquired as part of the lender’s purchase of Signature Bank from the regulator in March.Most Read from BloombergHere’s How Much Wealth You Need to Join the Richest 1% GloballyA 32-Year-Old Nears Billionaire Status by Using AI to Broker Japan MergersDebt-Limit Talks to Intensify as Biden Set to Depart for JapanGoldman Banker Wins Promotion, Then Leaves for Rival Two Weeks LaterThe FDIC will sell
Amid the expectations of recession, it becomes difficult of investors to generate robust returns. So, they should keep solid dividend-yielding stocks like Associated Banc-Corp (ASB) on the radar.
FDIC's new proposal requires banks like JPM, BAC and WFC, which have more than $5 billion in assets, to pay for the collapse of Silicon Valley Bank and Signature Bank.
Regional banks bounced back on Friday following what was a volatile week for the sector. Shares of Pacwest Bancorp (PACW) led the charge, closing up over 81%. KBW's Head of U.S. Bank Research Christopher McGratty joined Yahoo Finance's Seana Smith and Akiko Fujita to discuss the latest in the banking crisis. "We know that we will emerge from this crisis. We always do." says McGratty. When talking about how long it could take to restore confidence in the regional banks, McGratty said "what they don't want to do is create another wave of failures. This is not a capital problem, this is a confidence problem." When it comes to buying opportunities, McGratty says "we are neutral on the group," though one bank where he sees potential upside is New York Community Bancorp (NYCB). "We upgraded that stock after they did the Signature deal. They were paid multiple billions of dollars to take it off the FDIC's hand," adding that their "balance sheet is in great shape." Another bank that McGratty is keeping tabs on is East West Bancorp, Inc. (EWBC) due to its capital position. "They've been waiting for moments like this to deploy that capital, I don't know if it's the next six months, but this is a balance sheet that's really, really well positioned." East West finished Friday in the green, up nearly 7% You can check out the full conversation here Key Video Moments 00:00:10 Potential regional banks to invest in 00:00:50 Outlook on East West Bancorp 00:01:30 How Long could it take to restore confidence in the banks?
KBW Head of U.S. Bank Research Christopher McGratty discusses the state of the U.S. banking system as the market reacts to the decline in shares of PacWest Bancorp and Western Alliance amid the ongoing banking crisis.
(Bloomberg) -- One regional bank has dodged the money-minting short trade against the sector this year.Most Read from BloombergPeter Thiel Says Moving to Florida from Silicon Valley Is Too ExpensiveChina Takes the Yuan Global in Bid to Repel a Weaponized DollarTD, First Horizon End $13 Billion Merger as Regulators StallApple’s iPhone Bounces Back, Helping Sales Top EstimatesZelenskiy Denies Ukraine Sent Drones to Hit Putin, KremlinTraders betting against shares of New York Community Bancorp have
Here is how Kinsale Capital Group, Inc. (KNSL) and New York Community Bancorp (NYCB) have performed compared to their sector so far this year.
JPMorgan (JPM) acquires more than $200 billion worth of assets of failed First Republic Bank in a bid to prevent a larger crisis and support the U.S. banking system.
A rise in revenues, acquisition of assets of Signature Bank and loan growth supports New York Community (NYCB) Q1 earnings. Yet, a rise in provisions and operating expenses were undermining factors.
Q1 2023 New York Community Bancorp Inc Earnings Call
Although the revenue and EPS for New York Community Bancorp (NYCB) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
New York Community Bancorp (NYCB) delivered earnings and revenue surprises of 0% and 8.13%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Provident Financial (PFS) delivered earnings and revenue surprises of -8.47% and 0.59%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Brookline (BRKL) delivered earnings and revenue surprises of -6.90% and 2.99%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
New York Community Bancorp (NYCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
OceanFirst (OCFC) delivered earnings and revenue surprises of -16.67% and 13.73%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Mitsubishi UFJ's (MUFG) efforts to tap growth in the digital financial services space with investment in DMI Finance is a strategic fit.