New York Community Bancorp Stock News

The stock has risen more than 26% in 2025 on signs of a turnaround from its “material weakness” warning last year.

NYCB, rebranded as Flagstar Financial (FLG), faces significant risks but offers a deep value play for long-term investors despite current negative profitability. FLG's loan portfolio is heavily concentrated in multi-family and commercial real estate, posing risks due to economic downturns and interest rate fluctuations. FLG's valuation metrics, including a price-to-book value of 0.49 and equity...

Flagstar Financial's Q3 results disappointed due to increased loan loss provisions and lower net interest income/margin, but these concerns are overblown and already priced in. Noninterest income is expected to rise significantly, offsetting some of the negative impacts on net interest income and margins. The bank has stabilized with growing deposits, high liquidity, and a shrinking loan-to-dep...

Technically, the company posted its final-earnings report under its current name.

HICKSVILLE, N.Y. , Oct. 25, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common stock.

New York Community Bancorp (soon Flagstar Financial) is in a transitional phase, marked by asset diversification, deposit growth, and cost reduction efforts. NYCB Q3 results showed a loss of $0.69 per share, poor margins, and mixed asset quality, raising new concerns. NYCB stock trades at a significant discount to tangible book value, but tangible book value has declined sharply this year.

New York Community Bancorp, Inc. (NYSE:NYCB ) Q3 2024 Earnings Call Transcript October 25, 2024 8:00 AM ET Company Participants Sal DiMartino - Director of IR Joseph Otting - Chairman, President and CEO Craig Gifford - CFO Kris Gagnon - CCO Conference Call Participants Manan Gosalia - Morgan Stanley Ebrahim Poonawala - Bank of America Dave Rochester - Compass Point Mark Fitzgibbon - Piper Sandl...

The bank formerly known as NYCB reported another wider-than-expected quarterly loss and provided a downbeat outlook.