19-Apr-2024
New York Community Bancorp Announces Leadership and Strategy Refresh
TipRanks (Thu, 18-Apr 4:42 PM ET)
Analysts Offer Insights on Financial Companies: NY Community (NYCB), SLM (SLM) and Wells Fargo (WFC)
TipRanks (Mon, 15-Apr 6:10 AM ET)
New York Community Bancorp, Inc. Bolsters Executive Team with Four Strategic Appointments
PRNewswire (Fri, 12-Apr 5:44 PM ET)
Globe Newswire (Mon, 8-Apr 12:13 PM ET)
Globe Newswire (Mon, 8-Apr 11:15 AM ET)
Globe Newswire (Mon, 8-Apr 10:20 AM ET)
PRNewswire (Mon, 8-Apr 5:45 AM ET)
Globe Newswire (Sat, 6-Apr 9:00 PM ET)
Globe Newswire (Sat, 6-Apr 9:20 AM ET)
New York Community Bancorp Inc is the bank holding company. It is a New York State-chartered savings bank that operates through eight local divisions: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio, and AmTrust Bank in Florida and Arizona. The bank competes for depositors in diverse markets with a comprehensive menu of products and services, and access to multiple service channels, including online banking, mobile banking, and banking by phone. It is also a producer of multi-family loans in New York City.
New York Community Bancorp trades on the NYSE stock market under the symbol NYCB.
As of April 19, 2024, NYCB stock price was flat at $2.95 with 11,156,160 million shares trading.
NYCB has a beta of 0.44, meaning it tends to be less sensitive to market movements. NYCB has a correlation of 0.00 to the broad based SPY ETF.
NYCB has a market cap of $2.36 billion. This is considered a Mid Cap stock.
Last quarter New York Community Bancorp reported $740 million in Revenue and -$.27 earnings per share. This fell short of revenue expectation by $-71 million and missed earnings estimates by -$.55.
In the last 3 years, NYCB stock traded as high as $14.33 and as low as $1.70.
The top ETF exchange traded funds that NYCB belongs to (by Net Assets): VTI, IJH, KRE, VB, VBR.
NYCB has underperformed the market in the last year with a price return of -62.2% while the SPY ETF gained +21.2%. NYCB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -69.9% and -5.4%, respectively, while the SPY returned +3.0% and -4.5%, respectively.
NYCB support price is $2.83 and resistance is $3.07 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that NYCB stock will trade within this expected range on the day.