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

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Go back to New York Community Bancorp (NYCB) Misses Q2 EPS by 2c

New York Community Bancorp, Inc. Reports 2Q 2016 Diluted Earnings Per Share of $0.26

July 27, 2016 7:00 AM EDT

Board of Directors Declares $0.17 per Share Quarterly Cash Dividend

Second Quarter 2016 Highlights

Strong Earnings and Returns: The Company generated 2Q 2016 earnings of $126.5 million, providing a 1.04% return on average assets and an 8.39% return on average stockholders equity. The 2Q 2016 returns on average tangible assets and average tangible stockholders equity were 1.10% and 14.12%, respectively. (1) Solid Net Interest Margin: The Companys margin rose five basis points (bps) sequentially and 35 bps year-over-year to 2.99%. Prepayment... More