Type
|
Public company |
---|---|
Traded as | NYSE: NYCB S&P 400 component |
Industry | Commercial bank |
Founded | 1859 (1859) |
Headquarters | Westbury, New York |
Number of locations
|
225 branches |
Key people
|
Joseph R. Ficalora, CEO Thomas R. Cangemi, CFO Dominick Ciampa, Chairman |
Products | Multi-family loans Commercial real estate loans |
Revenue | $1.433 billion (2016) |
Net income
|
$0.495 billion (2016) |
Total assets | $48.926 billion (2016) |
Total equity | 46.123 billion (2016)} |
Number of employees
|
3,448 (2015) |
Capital ratio | 10.62% |
Website | www |
New York Community Bancorp, Inc. (NYCB) is a bank headquartered in Westbury, New York with 225 branches in New York, New Jersey, Ohio, Florida, and Arizona. NYCB is on the list of largest banks in the United States.
Almost all of the loans originated by the bank are either multi-family or commercial loans, many of which are in New York City and are subject to rent control and rent stabilization laws.
New York Community Bank operates branches under the following names:
NYCB was founded on April 14, 1859 in Flushing, Queens as Queens County Savings Bank, and changed its name on December 15, 2000 to New York Community Bank to better reflect its market area beyond Queens.
In 1993, the company became a public company via an initial public offering.
In 2000, the bank acquired Haven Bancorp for $196 million.
In 2001, NYCB acquired Richmond County Financial in an $802 million transaction.
In 2002, NYCB acquired asset manager Peter B. Cannell & Co.
In 2003, NYCB acquired Roslyn Bancorp in a $1.6 billion transaction.
In 2005, NYCB acquired Long Island Financial in a $70 million transaction.
In 2006, NYCB acquired Atlantic Bank of New York from the National Bank of Greece for $400 million.
In March 2007, NYCB acquired 11 branches in New York City from Doral Financial Corporation.
In April 2007, NYCB acquired Penn Federal Savings Bank for $262 million, adding branches in East Central and North East New Jersey.
In October 2007, NYCB acquired Synergy Bank of Cranford, New Jersey for $168 million in stock. In September 2009, NYCB re-branded the Synergy branches to Garden State Community Bank.
In December 2009, the Federal Deposit Insurance Corporation seized AmTrust, a bank headquartered in Cleveland, OH with 66 branches and $13 billion in assets in Ohio, Florida and Arizona. NYCB acquired Amtrust, which expanded NYCB's branch footprint outside of the New York metropolitan area for the first time. In 2017, the bank sold the mortgage business acquired from the purchase of AmTrust at a $90 million profit.
In March 2010, Desert Hills Bank of Phoenix, Arizona, with $496 million in assets, was seized by the FDIC and acquired by NYCB.
In June 2012, NYCB acquired the assets of Aurora Bank from Lehman Brothers.
On October 29, 2015, the bank announced an agreement to merge with Astoria Bank, but the proposed merger was terminated in December 2016 after failing to win regulatory approval.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-25 | Future report Set alerts | |
Q2 2022 | 2022-07-27 | 0.35 | 0.35 |
Q1 2022 | 2022-04-27 | 0.32 | 0.32 |
Q4 2021 | 2022-01-26 | 0.31 | 0.31 |
Q3 2021 | 2021-10-27 | 0.31 | 0.31 |
Q2 2021 | 2021-07-28 | 0.33 | 0.33 |
Q1 2021 | 2021-04-26 | 0.29 | 0.29 |
Q4 2020 | 2021-01-27 | 0.39 | 0.39 |
Q3 2020 | 2020-10-28 | 0.00 | 0.00 |
Q2 2020 | 2020-07-29 | 0.21 | 0.21 |
2016-07-09 | Reiterated Rating | JPMorgan Chase & Co. | Sell | |
2016-07-07 | Lower Price Target | JPMorgan Chase & Co. | Underweight | $15.00 to $14.50 |
2016-06-04 | Reiterated Rating | Deutsche Bank | Hold | |
2016-06-04 | Reiterated Rating | Deutsche Bank AG | Hold | |
2016-04-06 | Reiterated Rating | JPMorgan Chase & Co. | Sell | $15.50 |
2016-04-05 | Reiterated Rating | Deutsche Bank | Hold | $16.00 |
2016-03-07 | Reiterated Rating | Deutsche Bank | Hold | $16.00 |
2016-01-28 | Lower Price Target | RBC Capital | Sector Perform | $17.00 to $16.00 |
2016-01-28 | Reiterated Rating | JPMorgan Chase & Co. | Sell | |
2016-01-28 | Lower Price Target | Royal Bank Of Canada | Sector Perform | $17.00 to $16.00 |
2016-01-19 | Upgrade | FBR & Co. | Underperform to Market Perform | $15.00 |
2016-01-19 | Upgrade | FBR & Co | Underperform to Market Perform | $15.00 |
2016-01-05 | Upgrade | Sterne Agee CRT | Neutral to Buy | $18.00 |
2015-12-30 | Reiterated Rating | Standpoint Research | Buy | |
2015-11-30 | Upgrade | Bank of America | Neutral to Buy | $17.00 to $18.00 |
2015-11-30 | Upgrade | Bank of America Corp. | Neutral to Buy | $17.00 to $18.00 |
2015-11-03 | Upgrade | Bank of America | Underperform to Neutral | |
2015-11-02 | Upgrade | Sandler O'Neill | Hold to Buy | |
2015-10-30 | Upgrade | Standpoint Research | Hold to Buy | $19.00 |
2015-10-30 | Upgrade | Raymond James | Market Perform to Outperform | $19.00 |
2015-10-30 | Upgrade | Keefe, Bruyette & Woods | Underperform to Market Perform | $15.50 to $16.50 |
2015-10-30 | Downgrade | FBR & Co. | Market Perform to Underperform | $16.00 to $15.00 |
2015-10-30 | Lower Price Target | RBC Capital | $18.00 to $17.00 | |
2015-10-30 | Upgrade | Raymond James Financial Inc. | Market Perform to Outperform | $19.00 |
2015-10-29 | Boost Price Target | Morgan Stanley | $18.00 to $19.00 | |
2015-09-10 | Reiterated Rating | Deutsche Bank | Hold | |
2015-08-19 | Initiated Coverage | Sterne Agee CRT | Neutral | $18.00 |
2015-07-08 | Downgrade | Keefe, Bruyette & Woods | Market Perform to Underperform | $15.50 |
2015-06-30 | Boost Price Target | Deutsche Bank | Hold | $15.50 to $16.00 |
2015-06-24 | Initiated Coverage | Bank of America | Underperform | $17.00 |
2015-06-16 | Boost Price Target | Barclays | Equal Weight | $16.00 to $18.00 |
2015-06-16 | Boost Price Target | Barclays PLC | Equal Weight | $16.00 to $18.00 |
2015-06-06 | Reiterated Rating | Morgan Stanley | Overweight | $18.00 to $19.00 |
2015-06-04 | Initiated Coverage | Piper Jaffray | Underweight | $16.00 |
2015-06-04 | Initiated Coverage | Piper Jaffray Cos. | Underweight | $16.00 |
2015-05-13 | Downgrade | Standpoint Research | Buy to Hold | |
2015-05-07 | Reiterated Rating | RBC Capital | Sector Perform | $16.00 to $17.00 |
2015-05-01 | Initiated Coverage | Raymond James | Market Perform | |
2015-04-30 | Boost Price Target | Barclays | Equal Weight | $15.00 to $16.00 |
2015-04-12 | Reiterated Rating | Deutsche Bank | Hold | $15.00 |
2015-01-30 | Lower Price Target | Barclays | Equal Weight | $17.00 to $15.00 |
2014-10-23 | Reiterated Rating | Keefe, Bruyette & Woods | Market Perform | $15.50 to $14.50 |
2014-09-16 | Upgrade | Standpoint Research | Hold to Buy | $20.00 |
2014-05-01 | Reiterated Rating | JPMorgan Chase & Co. | Underweight | $14.00 |
2014-04-07 | Downgrade | JPMorgan Chase & Co. | Neutral to Underweight | $17.00 to $15.00 |
2014-01-30 | Downgrade | Keefe, Bruyette & Woods | Outperform to Market Perform | |
2014-01-29 | Boost Price Target | Barclays | Equal Weight | $14.00 to $17.00 |
2014-01-10 | Downgrade | Buckingham Research | Buy to Neutral | |
2013-12-04 | Downgrade | Guggenheim | Buy to Neutral | |
2013-10-25 | Boost Price Target | RBC Capital | Sector Perform | $14.00 to $15.00 |
2013-10-24 | Boost Price Target | FBR & Co. | Market Perform | $14.00 to $15.00 |
2013-10-14 | Downgrade | Standpoint Research | Buy to Hold | |
2013-10-08 | Initiated Coverage | Evercore ISI | Neutral | $15.50 |
2013-10-07 | Boost Price Target | Guggenheim | Buy | $16.00 to $17.00 |
2013-06-17 | Initiated | Boenning & Scattergood | Neutral | $14 |
2016-07-09 | Reiterated Rating | JPMorgan Chase & Co. | Sell | |
2016-07-07 | Lower Price Target | JPMorgan Chase & Co. | Underweight | $15.00 to $14.50 |
2016-06-04 | Reiterated Rating | Deutsche Bank | Hold | |
2016-06-04 | Reiterated Rating | Deutsche Bank AG | Hold | |
2016-04-06 | Reiterated Rating | JPMorgan Chase & Co. | Sell | $15.50 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In NYCB 320 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 52.79M |
Vanguard Group, Inc | 44.30M |
BlackRock Fund Advisors | 23.83M |
DIMENSIONAL FUND ADVISORS LP | 22.07M |
STATE STREET CORP | 15.94M |
BlackRock Institutional Trust Company, N.A. | 15.00M |
CANNELL PETER B & CO INC | 6.51M |
BALYASNY ASSET MANAGEMENT LLC | 6.46M |
GEODE CAPITAL MANAGEMENT, LLC | 6.25M |
KAHN BROTHERS GROUP INC /DE/ | 5.94M |
FIRST TRUST ADVISORS LP | 4.90M |
BANK OF AMERICA CORP /DE/ | 4.57M |
ADAGE CAPITAL PARTNERS GP LLC | 4.26M |
SCHWAB CHARLES INVESTMENT MANAGEMENT INC | 4.16M |
BlackRock Group LTD | 3.70M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
FICALORA JOSEPH R President & CEO | 0.81% (3576341) | NYCB / |
WANN ROBERT Senior EVP and COO | 0.29% (1297602) | NYCB / |
CANGEMI THOMAS R Sr. EVP & CFO | 0.19% (861230) | NYCB / |
CARPENTER JAMES J Sr.EVP & Chief Lending Officer | 0.10% (424859) | NYCB / |
Pinto John J EVP & Chief Accounting Officer | 0.07% (328749) | NYCB / |
ODONOVAN JAMES J | 0.07% (308655) | NYCB / |
VOUTSINAS SPIROS J Pres. Atlantic Bank Division | 0.04% (158153) | NYCB / |