NEW YORK COMMUNITY BANCORP, INC. DECLARES $0.17 PER SHARE QUARTERLY CASH DIVIDEND ON ITS COMMON STOCK

New York Community Bancorp, Inc. (NYSE: NYCB) announced on January 24, 2023, a quarterly cash dividend of $0.17 per share on its common stock.

Rhea-AI Summary

New York Community Bancorp, Inc. (NYSE: NYCB) announced on January 24, 2023, a quarterly cash dividend of $0.17 per share on its common stock. This dividend is set to be paid on February 16, 2023, to stockholders of record as of February 6, 2023. The company, headquartered in Hicksville, NY, has substantial assets totaling $88.4 billion, including $66.0 billion in loans and $58.3 billion in deposits as of September 30, 2022. New York Community Bancorp is known for its significant presence in multi-family lending and mortgage origination, reinforcing its position in the banking sector.

Positive

• Declared a quarterly cash dividend of $0.17 per share, indicating confidence in financial stability.
• Strong asset base of $88.4 billion, supporting sustained growth.
• Market leader in multi-family lending, enhancing revenue potential.

Negative

• None.

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HICKSVILLE, N.Y., Jan. 25, 2023 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that on January 24, 2023, the Company's Board of Directors declared a quarterly cash dividend of $0.17 per share on the Company's common stock. The dividend is payable on February 16, 2023 to common stockholders of record as of February 6, 2023.

About New York Community Bancorp, Inc.

New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The Company is headquartered in Hicksville, New York with regional headquarters in Troy, Michigan. Proforma, at September 30, 2022, the Company had $88.4 billion of assets, $66.0 billion of loans, deposits of $58.3 billion, and total stockholders' equity of $9.3 billion.

Flagstar Bank, N.A. operates 395 branches across nine states, including strong footholds in the Northeast and Midwest and exposure to high growth markets in the Southeast and West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators.

New York Community Bancorp, Inc. has market-leading positions in several national businesses, including multi-family lending, mortgage origination and servicing, and warehouse lending. The Company is the second-largest multi-family portfolio lender in the country and the leading multi-family portfolio lender in the New York City market area, where it specializes in rent-regulated, non-luxury apartment buildings. Flagstar Mortgage is the 7th largest bank originator of residential mortgages for the 12-months ending September 30, 2022, while we are the industry's 5th largest sub-servicer of mortgage loans nationwide, servicing 1.4 million accounts with $360 billion in unpaid principal balances. Additionally, the Company is the 2nd largest mortgage warehouse lender nationally based on total commitments.

Investor and Media Contact:	Salvatore J. DiMartino
	(516) 683-4286

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SOURCE New York Community Bancorp, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by New York Community Bancorp?

New York Community Bancorp declared a dividend of $0.17 per share.

When will the dividend be paid to shareholders of NYCB?

The dividend will be paid on February 16, 2023.

What are the record dates for the NYCB dividend?

The record date for the dividend is February 6, 2023.

How much in assets does New York Community Bancorp have?

The company has total assets of $88.4 billion as of September 30, 2022.

What is New York Community Bancorp known for?

The company is known for its strong presence in multi-family lending and mortgage origination.