NYCB / New York Community Bancorp to ‘close the multiple gap with its peers,' Jefferies says in upgrade to buy

NYCB stock has declined 14% since our last article to exit our bullish position. Q3-2023 results showed a spike in non-performing loans, and that like more_horizontal

Supported by solid fundamentals and good growth prospects, New York Community (NYCB) stock looks like an attractive investment option now. more_horizontal

New York Community Bank shares have appreciated by 32.75% since last year, outperforming the S&P. J.P. Morgan upgraded NYCB shares to overweight, citi more_horizontal

High revenues, solid deposit balance and decent loan growth support New York Community's (NYCB) Q2 earnings, while rising provisions and non-interest more_horizontal

New York Community Bancorp Inc. NYCB, +2.31% stock was up 5.9% in premarket trades on Thursday after the lender's profit rose by 150% and beat analyst more_horizontal

6.5% Dividend Yield At New York Community Bancorp, A Buy Opportunity Among Regional Banks more_horizontal

New York Community Bancorp is currently paying out a 6.5% annualized forward dividend yield to common shareholders. The bank saw fiscal 2023 first qua more_horizontal

New York Community Bancorp is well-capitalized and holds sufficient liquid assets to cover 91% of its uninsured deposits, making it a financially soun more_horizontal