New York Community Bancorp (NYCB) Tops Q2 EPS by 2c

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New York Community Bancorp, Inc. Reports 2Q 2015 Diluted Non-GAAP Cash Earnings Per Share of $0.30 (1) and Diluted GAAP Earnings Per Share of $0.28

July 22, 2015 7:00 AM EDT

Board of Directors Declares $0.25 Per Share Quarterly Cash Dividend

Second Quarter 2015 Highlights

Solid Earnings and Returns:
- The Company generated 2Q 2015 GAAP earnings of $123.7 million, providing a 1.09% return on average tangible assets and a 14.79% return on average tangible stockholders equity. (2) A Record $3.5 Billion of Loans Produced:
- Loans originated for investment rose $804.6 million sequentially and $614.4 million year-over-year, to $3.5 billion, setting a Company record for the volume of loans produced for investment in a single quarter. Increasingly Superior... More