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New York Community (NYCB) Ends Flagstar Bank System Conversions https://www.zacks.com/stock/news/2230389/new-york-community-nycb-ends-flagstar-bank-system-conversions?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2230389 Feb 22, 2024 - New York Community (NYCB) completes the operational conversion of systems for New York Community Bank and Flagstar Bank. It also unveiled a national rebranding campaign to Flagstar.
Shares of NYCB falls 25% after bank discloses 'internal controls' issue, CEO change https://www.cnbc.com/2024/02/29/shares-of-nycb-fall-more-than-10percent-after-bank-discloses-internal-controls-issue-ceo-change.html Mar 01, 2024 - The regional bank has been under pressure in recent months, in part due to concerns about its exposure to commercial real estate.
New York Community (NYCB) Q4 Loss Widens on Goodwill Impairment https://www.zacks.com/stock/news/2234806/new-york-community-nycb-q4-loss-widens-on-goodwill-impairment?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2234806 Mar 01, 2024 - New York Community (NYCB) announces an increase in 4Q23 earnings loss to $2.7 billion due to a $2.4-bilion goodwill impairment charge. It also identifies weaknesses in its loan review process.
Here's Why Shares of New York Community Bank Dropped 26% Last Month https://www.fool.com/investing/2024/03/05/heres-why-shares-of-new-york-community-bank-droppe/?source=iedfolrf0000001 Mar 05, 2024 - The regional bank is dealing with a slew of internal and external challenges.
NYCB shares rebound after troubled regional bank announces $1 billion capital raise https://www.cnbc.com/2024/03/06/new-york-community-bancorp-tumbles-40percent-and-is-halted-as-troubled-bank-reportedly-seeking-cash-infusion.html Mar 06, 2024 - The regional bank stock has been under pressure this year after disclosing potential losses in its loan book.
NYCB says it lost 7% of deposits in the past month, slashes dividend to 1 cent https://www.cnbc.com/2024/03/07/nycb-lost-7percent-of-deposits-in-past-month-slashes-dividend-to-1-cent.html Mar 07, 2024 - NYCB had $77.2 billion in deposits as of March 5, NYCB said in an investor presentation tied to the capital raise, down from $83 billion it had as of Feb. 5.
Wall Street Breakfast Podcast: NYCB Gets $1B Investment Boost https://seekingalpha.com/article/4676563-wall-street-breakfast-podcast-nycb-gets-1b-investment-boost?source=feed_tag_wall_st_breakfast Mar 07, 2024 - New York Community Bancorp gets $1B investment. Tesla may lose more production out of Germany than anticipated. Fortnite maker Epic Games says Apple has banned its developer account.
New York Community (NYCB) Cuts Dividend, Sees Deposit Outflow https://www.zacks.com/stock/news/2238228/new-york-community-nycb-cuts-dividend-sees-deposit-outflow?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2238228 Mar 08, 2024 - New York Community (NYCB) slashes the quarterly dividend by 80% to a penny to improve liquidity after witnessing a 5% drop in its deposits since the 2023 end through Mar 5, 2024.
Why New York Community Bancorp Stock Is Down Today https://www.fool.com/investing/2024/03/11/why-new-york-community-bancorp-stock-is-down-today/?source=iedfolrf0000001 Mar 11, 2024 - The bank-saving equity infusion came at a steep price to existing holders.
New York Community (NYCB) Raises $1.05B in Equity Capital https://www.zacks.com/stock/news/2239501/new-york-community-nycb-raises-1-05b-in-equity-capital?cid=CS-ZC-FT-analyst_blog|company_news_-_finance_sector-2239501 Mar 12, 2024 - New York Community (NYCB) strengthens its balance sheet and liquidity position by raising $1.05 billion in equity. The company plans a one-for-three reverse stock split.

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