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Stock impact report

Is New York Community Bancorp a Buy? [The Motley Fool]

New York Community Bancorp, Inc. (NYCB) 
Last new york community bancorp, inc. earnings: 4/29 07:00 am Check Earnings Report
US:NYSE Investor Relations: ir.mynycb.com
Company Research Source: The Motley Fool
Is New York Community Bancorp a Buy? Matthew Frankel, CFP ( TMFMathGuy Jul , 09 at 7:8AM On the surface, New York Bancorp NYSE:NYCB dramatically However, like most "looks too good to be true" stocks, there's a lot more than meets the eye. With that in mind, here's a look at some of these compelling reasons to look at the bank as well as some of the reasons to avoid it. Image source: Getty Images. New York Bancorp in a nutshell If you aren't familiar, New York Bancorp is a large regional bank that focuses on the New York City metropolitan area. The company's primary focus is making loans on rent-controlled and rent-regulated multifamily buildings in New York City, and this makes up about three-fourths of the bank's loan portfolio. Since its 99 IPO, the bank has grown rapidly -- mainly through acquisitions -- and now has about $ billion in total assets. The good There are certainly some reasons to like New York Bancorp, so let's go over some of the positive attributes of the bank. F Show less Read more
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