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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 ...
NYCB has been in crisis mode since the regional lender reported a surprise loss of $252 million last quarter, compared to a $172 million profit in the fourth quarter of 2022. That caused the stock ...
Shares of New York Community Bancorp tumbled 17% in after-hours trading Tuesday evening after the downgrade. That loss is on top of a steep selloff of 22% during regular trading.
Troubled regional lender New York Community Bancorp attempted to reassure investors Wednesday that it has enough cash to stay afloat after the stock shed about 60% of its value over the past eight ...
Shares of New York Community Bank fell 23% Monday, hitting their lowest level since 1996.The stock is struggling to recover after the beleaguered regional lender said in a filing last week it had ...
New York Community Bancorp is attempting to reassure investors about its deposits, liquidity, and governance following a week-long plunge in the company’s stock. ... The comments did halt a free ...
The stock of New York Community Bank is down more than 50% since it surprised Wall Street on the morning of Jan. 31 by slashing its dividend and reporting a net quarterly loss of $252 million. The ...