NEW YORK COMMUNITY BANCORP, INC. TO REPORT FIRST QUARTER 2023 EARNINGS AND HOST CONFERENCE CALL ON APRIL 28TH

Rhea-AI Summary

New York Community Bancorp (NYSE: NYCB) will release its first quarter 2023 earnings on April 28, 2023, at approximately 7:00 a.m. ET. The earnings report will be available on the Investor Relations section of their website, ir.myNYCB.com. Following the earnings release, a conference call is scheduled for 8:30 a.m. ET, featuring CEO Thomas R. Cangemi and CFO John Pinto. This call will be simultaneously webcast and accessible for replay until May 26, 2023. NYCB is a leading regional bank, with approximately $90.1 billion in assets as of December 31, 2022, and a substantial presence in multi-family lending and mortgage origination. The recent acquisition of Signature Bank assets expands their portfolio significantly.

Positive

• Scheduled earnings release for Q1 2023 on April 28, 2023.
• Acquired approximately $38 billion in assets from Signature Bank, enhancing financial stability.

Negative

• None.

News Market Reaction

-3.34%

1 alert

-3.34% News Effect

On the day this news was published, NYCB declined 3.34%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

HICKSVILLE, N.Y., April 14, 2023 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that it expects to issue its earnings release for the three months ended March 31, 2023 at approximately 7:00 a.m. Eastern Time (ET) on Friday, April 28, 2023. The release will be posted to the Investor Relations portion of the Company's website, ir.myNYCB.com, upon issuance.

The Company will conduct a conference call at 8:30 a.m. (ET) on the same date, during which President and Chief Executive Officer Thomas R. Cangemi and Senior Executive Vice President and Chief Financial Officer John Pinto will discuss the Company's first quarter 2023 performance. The conference call will be simultaneously webcast at ir.myNYCB.com and archived through 5:00 p.m. on May 26, 2023.

Conference Call Details:
	Conference ID for Live           and Replay:	20459132
	Dial-in for Live Call:
	Domestic:	(888) 259-6580
	International:	(416) 764-8624
	Dial-in for Replay:
	Availability:	April 28 (10:30 a.m.) – May 2 (11:59 p.m.)
	Access Code:	459132 #
	Domestic:	(877) 674-7070
	International:	(416) 764-8692

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. At December 31, 2022, the Company had $90.1 billion of assets, $69.0 billion of loans, deposits of $58.7 billion, and total stockholders' equity of $8.8 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 8th largest bank originator of residential mortgages for the 12-months ending December 31, 2022, while we are the industry's 6th largest sub-servicer of mortgage loans nationwide, servicing 1.4 million accounts with $346 billion in unpaid principal balances. Additionally, the Company is the 2nd largest mortgage warehouse lender nationally based on total commitments.

On March 20, 2023, the Company announced that Flagstar Bank, N.A. acquired certain assets and assumed certain liabilities of the former Signature Bank from the FDIC. The purchase included approximately $38 billion of assets, including $25 billion in cash and $13 billion in mostly commercial loans. In addition, it assumed approximately $34 billion of deposits, its wealth management and broker-dealer business, and all of their 40 locations. The transaction includes all of legacy Signature Bank's core deposit relationships, including both the New York and West Coast Private Banking teams.

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

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SOURCE New York Community Bancorp, Inc.

FAQ

When will New York Community Bancorp report its earnings for Q1 2023?

New York Community Bancorp will report its earnings for Q1 2023 on April 28, 2023.

What time is the conference call for New York Community Bancorp's Q1 2023 results?

The conference call for New York Community Bancorp's Q1 2023 results is scheduled for 8:30 a.m. ET on April 28, 2023.

How can I access New York Community Bancorp's Q1 2023 earnings release?

You can access New York Community Bancorp's Q1 2023 earnings release on their Investor Relations website at ir.myNYCB.com.

What significant acquisition did New York Community Bancorp make recently?

New York Community Bancorp recently acquired approximately $38 billion in assets from Signature Bank.