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NEW YORK COMMUNITY BANCORP, INC. TO REPORT FIRST QUARTER 2024 EARNINGS AND HOST CONFERENCE CALL ON MAY 1ST

New York Community Bancorp, Inc. (NYSE: NYCB) is set to release its first-quarter 2024 earnings on May 1st, 2024.

(Moderate)

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Rhea-AI Summary

New York Community Bancorp, Inc. (NYSE: NYCB) is set to release its first-quarter 2024 earnings on May 1st, 2024. The company will share its financial results and future outlook during a conference call featuring President and CEO Joseph M. Otting and CFO Craig Gifford. NYCB, parent company of Flagstar Bank, N.A., boasts $113.9 billion in assets, $85.8 billion in loans, $81.4 billion in deposits, and $8.4 billion in total stockholders' equity as of December 31, 2023. The bank holds leading positions in multi-family lending, mortgage origination, servicing, and warehouse lending.

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Positive

  • New York Community Bancorp, Inc. is a parent company of Flagstar Bank, N.A., one of the largest regional banks in the country.

  • NYCB has a strong financial standing with $113.9 billion in assets, $85.8 billion in loans, and $81.4 billion in deposits as of December 31, 2023.

  • The company holds market-leading positions in multi-family lending, mortgage origination, servicing, and warehouse lending.

Negative

  • The late notification of the earnings call date might have caused inconvenience to some investors.

  • The financial performance and future outlook shared during the conference call could potentially impact the stock price negatively if not up to expectations.

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News Market Reaction – NYCB

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Data tracked by StockTitan Argus. Session date unavailable.

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HICKSVILLE, N.Y., April 30, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that it plans to issue results for the three months ended March 31, 2024 at approximately 7:00 a.m. Eastern Time (ET) on Wednesday, May 1, 2024.  You will receive an earnings release and presentation, both of which will be posted to the Investor Relations portion of the Company's website, ir.myNYCB.com. Management apologizes for the late notification of the date of the Company's earnings call.

The Company will conduct a conference call at 8:00 a.m. (ET) on the same date, during which President and Chief Executive Officer, Joseph M. Otting and Senior Executive Vice President and Chief Financial Officer, Craig Gifford will discuss the Company's first quarter 2024 performance and future outlook. The conference call will be simultaneously webcast at ir.myNYCB.com and archived through 5:00 p.m. on May 29, 2024.

Conference Call Details:

Conference ID for Live


                  and Replay:

8007549

Dial-in for Live Call:


                  Domestic:

(888) 440-5675


                  International:

(646) 960-0268

Dial-in for Replay:


                  Availability:

May 1 (11:00 a.m.) – May 5 (11:59 p.m.)


                  Domestic:

(800) 770-2030


                  International:

(609) 800-9909

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. At December 31, 2023, the Company had $113.9 billion of assets, $85.8 billion of loans, deposits of $81.4 billion, and total stockholders' equity of $8.4 billion.

Flagstar Bank, N.A. operates 420 branches, 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. In addition, the Bank has 134 private banking teams located in over ten cities in the metropolitan New York City region and on the West Coast, which serve the needs of high-net worth individuals and their businesses.

New York Community Bancorp, Inc. has market-leading positions in several national businesses, including multi-family lending, mortgage origination and servicing, and warehouse lending.  Flagstar Mortgage is the seventh largest bank originator of residential mortgages for the 12-months ending December 31, 2023, while we are the industry's fifth largest sub-servicer of mortgage loans nationwide, servicing 1.4 million accounts with $382 billion in unpaid principal balances. Additionally, the Company is the second largest mortgage warehouse lender nationally based on total commitments.

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

Media Contact:
Steven Bodakowski
(248) 312-5872

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/new-york-community-bancorp-inc-to-report-first-quarter-2024-earnings-and-host-conference-call-on-may-1st-302132311.html

SOURCE New York Community Bancorp, Inc.

FAQ

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

When will New York Community Bancorp, Inc. report its first-quarter 2024 earnings?

New York Community Bancorp, Inc. will report its first-quarter 2024 earnings on May 1st, 2024, at 7:00 a.m. Eastern Time (ET).

Who will discuss the company's performance during the conference call?

President and CEO Joseph M. Otting and CFO Craig Gifford will discuss New York Community Bancorp, Inc.'s first-quarter 2024 performance and future outlook during the conference call.

What are the main business segments of New York Community Bancorp, Inc.?

New York Community Bancorp, Inc. operates in multi-family lending, mortgage origination, servicing, and warehouse lending, holding market-leading positions in these areas.

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