Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
23 November 1993Website:
http://www.flagstar.comNext earnings report:
31 January 2025Last dividends:
06 September 2024Next dividends:
N/APrice
regular market | Wed, 20 Nov 2024 14:30:00 GMTAnalysts recommendations
Institutional Ownership
NYCB Latest News
A rise in provisions hurts NYCB's Q3 results. A fall in fee income and lower loan balance are other headwinds.
While the top- and bottom-line numbers for New York Community Bancorp (NYCB) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
New York Community Bancorp (NYCB) came out with a quarterly loss of $0.69 per share versus the Zacks Consensus Estimate of a loss of $0.40. This compares to earnings of $1.08 per share a year ago.
New York Community Bancorp reported a loss for the third quarter on Friday as the regional lender set aside more reserves to cover potential loan losses.
New York Community Bancorp, Inc. (NYSE:NYCB ) Q3 2024 Earnings Call Transcript October 25, 2024 8:00 AM ET Company Participants Sal DiMartino - Director of IR Joseph Otting - Chairman, President and CEO Craig Gifford - CFO Kris Gagnon - CCO Conference Call Participants Manan Gosalia - Morgan Stanley Ebrahim Poonawala - Bank of America Dave Rochester - Compass Point Mark Fitzgibbon - Piper Sandler Bernard Von Gizycki - Deutsche Bank Jared Shaw - Barclays Ben Gerlinger - Citi Christopher Marinac - Janney Montgomery Scott Chris McGratty - KBW Matthew Breese - Stephens Jon Arfstrom - RBC Capital Markets Steve Moss - Raymond James Operator Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today.
Evaluate the expected performance of New York Community Bancorp (NYCB) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
U.S. regional lender Flagstar Bank, a unit of New York Community Bancorp , said on Thursday it will lay off around 700 employees, or 8% of its workforce, amid efforts to turn around its struggling business.
Kroger announced it will match Flagstar donations pound-for-pound resulting in 4,000 meals for metro Detroit families in need. HICKSVILLE, N.Y.
HICKSVILLE, N.Y. , Oct. 3, 2024 /PRNewswire/ -- Flagstar Bank, N.A.
Latest ESG Report Demonstrates Company's Responsible Business Practices and Showcases Early Achievement of 2030 Carbon Emissions Targets HICKSVILLE, N.Y. , Sept. 25, 2024 /PRNewswire/ -- Flagstar Bank, N.A.
What type of business is New York Community Bancorp?
Flagstar Financial, Inc. operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit. Its loan products comprise multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and leases; warehouse loans; and other loans, such as home equity lines of credit, boat and recreational vehicle indirect lending, point of sale consumer loans, and other consumer loans, including overdraft loans. The company offers cash management products; non-deposit investment and insurance products; and online banking, mobile banking, and bank-by-phone services. It primarily serves individuals, small and mid-size businesses, and professional associations. The company was formerly known as New York Community Bancorp, Inc. and changed its name to Flagstar Financial, Inc. in October 2024. Flagstar Financial, Inc. was founded in 1859 and is headquartered in Hicksville, New York.
What sector is New York Community Bancorp in?
New York Community Bancorp is in the Financial Services sector
What industry is New York Community Bancorp in?
New York Community Bancorp is in the Banks - Regional industry
What country is New York Community Bancorp from?
New York Community Bancorp is headquartered in United States
When did New York Community Bancorp go public?
New York Community Bancorp initial public offering (IPO) was on 23 November 1993
What is New York Community Bancorp website?
https://www.flagstar.com
Is New York Community Bancorp in the S&P 500?
No, New York Community Bancorp is not included in the S&P 500 index
Is New York Community Bancorp in the NASDAQ 100?
No, New York Community Bancorp is not included in the NASDAQ 100 index
Is New York Community Bancorp in the Dow Jones?
No, New York Community Bancorp is not included in the Dow Jones index
When was New York Community Bancorp the previous earnings report?
No data
When does New York Community Bancorp earnings report?
The next expected earnings date for New York Community Bancorp is 31 January 2025