nycb

NYCB Discloses Signature Bank’s Total Fair Value Was $37.8 Billion
NYCB Discloses Signature Bank’s Total Fair Value Was $37.8 Billion
June 14, 2024  |  Acquisitions

New York Community Bancorp (NYCB) released financial information about its March acquisition of certain assets of Signature Bridge Bank, the successor to Signature Bank, from...

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NYCB Sells $5 Billion in Loans to JPMorgan
NYCB Sells $5 Billion in Loans to JPMorgan
May 15, 2024  |  Loans

New York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase. The sale of these “mortgage warehouse loans” is designed to strengthen the...

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NYCB Announces $1 Billion Equity Investment, Leadership Changes
NYCB Announces $1 Billion Equity Investment, Leadership Changes
March 06, 2024  |  Investments

New York Community Bancorp (NYCB) announced a $1 billion equity investment and several leadership changes. The new investment comes from several sources, the lender said in...

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NYCB Stock Plunges as Bank Warns of ‘Material Weaknesses’
NYCB Stock Plunges as Bank Warns of ‘Material Weaknesses’
March 03, 2024  |  Banking

New York Community Bancorp (NYCB) stock plummeted Friday (March 1) amid a leadership shakeup. The almost 26% drop came as the bank also reported a loss...

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NYCB Announces Leadership Changes, Delays Annual Report
NYCB Announces Leadership Changes, Delays Annual Report
March 01, 2024  |  Banking

New York Community Bancorp (NYCB) has announced leadership changes in the CEO role and a board position. These changes came on the same day the...

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NYCB Targeted With Class-Action Lawsuit Alleging Securities Fraud
NYCB Targeted With Class-Action Lawsuit Alleging Securities Fraud
February 07, 2024  |  Legal

New York Community Bank (NYCB) is the target of a class-action lawsuit alleging securities fraud. The lawsuit comes after the bank acquired certain assets of...

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NYCB Credit Grade Lowered to ‘Junk’ By Moody’s
NYCB Credit Grade Lowered to ‘Junk’ By Moody’s
February 07, 2024  |  News

New York Community Bank (NYCB) has had its credit rating cut to “junk.” The downgrade late Tuesday (Feb. 6) by Moody’s Investment Services marks the...

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Regional Banking Shares Drop Amid Investors’ Concerns About Sector
Regional Banking Shares Drop Amid Investors’ Concerns About Sector
February 01, 2024  |  Banking

Regional banking shares in the United States experienced a significant decline for the second consecutive day Thursday (Feb. 1). The sell-off was triggered by New York...

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NYCB Profits from Signature Bank Acquisition Lost
NYCB Profits from Signature Bank Acquisition Lost
January 31, 2024  |  Banking

New York Community Bancorp (NYCB) shares closed down 38% Wednesday (Jan. 31) following its announcement of a dividend cut and an unexpected loss. This news surprised...

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