Search results
Results from the WOW.Com Content Network
Ben Emons, head of fixed income for NewEdge Wealth, noted that banks trading for less than $5 a share are perceived by markets as being at risk for government seizure. NYCB stock notched a 52-week ...
Beleaguered regional lender New York Community Bank is receiving a more than $1 billion equity investment.. The majority of the investment, $450 million, is coming from former Treasury Secretary ...
The name Flagstar comes from the Troy, Mich.-based lender that NYCB acquired in December 2022. One big reason for the bank’s change in profitability forecasts is that its expenses will be $50 ...
NYCB on Tuesday highlighted what it called its "deposit stability," noting that total deposits of $83 billion were up from $81.4 billion at the end of 2023. Its uninsured deposits were $22.9 ...
Shares of New York Community Bancorp (NYSE: NYCB) have lost roughly two-thirds of their value over the past year. Meanwhile, the average bank stock, using the SPDR S&P Bank ETF as an industry ...
Customers of New York Community Bank pulled $6 billion worth of deposits between February 5 and March 5, leaving the bank’s deposit base 7% lower, at $77 billion.
The turmoil at NYCB is also dragging down the value of other regional bank stocks and stoking new concerns about the industry's vulnerability to commercial real estate that is suddenly worth less ...
The bank has grown through deals: NYCB acquired Flagstar in December 2022, making it one of the top 25 regional banks, with $88.4 billion of assets, and last year scooped up some assets and ...