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0.000497512437811023 3.98009950247829E-05 0.000497512437810846 -0.000497512437811023 0 -0.000497512437811023 -0.00646766169154224 -0.00348258706467663
Stock impact report

New York Community Bancorp shares trade higher after Q2 results beat [Seeking Alpha]

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: Seeking Alpha
New York Community Bancorp shares trade higher after Q2 results beatJul. 27, 2022 11:53 AM ETNYCBBy:Mary Christine JoySA News Editor1 CommentVertigo3dNew York Community Bancorp (reportedTotal loans increased by 15% annualized to $48.5B as aresult of continued growth in the multi-family segment and a rebound in specialty finance lending.Total deposits were up 35% annualized, driven by the company's Banking as a Service initiative and growth in loan-related deposits.Net interest income rose 8% Y/Y to $359M.The bank holding companymaintainedWith the Federal Reserve projected to raise rates, the foreseeable future should be bullish for banks as rising rates will work in their favor,according toNYCB is the largest bank in the thrifts and mortgage finance sector, Fiorillo said.ForFY22Here is a look at NYCB's EPS estimates through 2024:Here is a look at NYCB's revenue estimates through 2024: Show less Read more
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