(USD) | Dec 2022 | Q/Q |
---|---|---|
Revenue | 10MM | - |
Operating Income | - | - |
Operating Expenses | 204MM | +55% |
Net Income | - | - |
G&A | 63MM | - |
Compensation | - | - |
Interest Expense | - | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
New York Community's (NYCB) Q1 results reflect the impacts of a rise in provisions for credit losses and expenses. A fall in fee income and a lower deposit balance also affect its performance.
Explore NYCB's comprehensive strategy and financial outlook as it navigates through restructuring and market challenges in the first quarter of 2024.
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. The dividend is payable on June 17, 2024 to common stockholders of record as of June 7, 2024.
New York Community Bancorp Stock Soars as Lender Targets Peer-Level Profitability by 2026
Investors rewarded New York Community Bancorp as management laid out plans to restore the bank to health and disclosed results that were less disastrous than feared on Wednesday. The Long Island-based lender is trying to turn itself around with new leadership and investor backing. The stock is still down about 70% in a year’s time after a dismal fourth-quarter earnings report surprised investors and sent it plummeting in late January.
Traders shorting New York Community Bancorp's stock were sitting on more than $42 million of losses on Wednesday after the lender's better-than-expected profit forecast for the next two years sent shares surging, data from Ortex show. The rally marked a rare bright spot for NYCB, which has been battered since January end over its exposure to the commercial real estate (CRE). The banking industry has been a hot favorite for short sellers - traders who profit from a decline in stock prices - aft...
(Bloomberg) -- New York Community Bancorp Inc. shares jumped after the troubled lender posted results that were better than feared and executives outlined a plan for reshaping it into a more diversified and profitable bank.Most Read from BloombergTesla Axes Supercharger Team in Blow to Broader EV MarketNYPD Arrests Over 300 Protesters in Crackdown on College CampusesUS and Saudis Near Defense Pact Aimed at Reshaping Middle EastThe Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entir
Management sees a clear path back to profitability.
New York Community Bancorp Shares Climb Even as Company Swings to Q1 Adjusted Loss
Shares of New York Community Bancorp (NYCB) are surging after CEO Joseph Otting claimed that the company has a "clear path to profitability over the following two years." In addition, the bank has reportedly put money aside to ease the burden of loan losses. Catalysts Anchors Seana Smith and Madison Mills break down the regional bank's reported first-quarter losses. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by ...