New York Community Bancorp (NYCB) Reports In-Line Q3 EPS

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New York Community Bancorp, Inc. Reports 3Q 2015 Diluted Non-GAAP Cash Earnings Per Share of $0.28 (1) and Diluted GAAP Earnings Per Share of $0.26

October 21, 2015 7:00 AM EDT

Board of Directors Declares $0.25 per Share Quarterly Cash Dividend

Third Quarter 2015 Highlights

Solid Earnings and Returns:
- The Company generated 3Q 2015 GAAP earnings of $114.7 million, providing a 0.99% return on average tangible assets and a 13.66% return on average tangible stockholders equity. (2) Consistent Margin:
- Prepayment penalties on loans and securities contributed $24.5 million to net interest income and 22 basis points to the margin in 3Q 2015.
- Absent the contribution of prepayment penalty income on loans and securities in the respective quarters, the Companys current... More