Raymond James Downgrades New York Community Bancorp (NYCB) to Market Perform

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New York Community Bancorp, Inc. and Astoria Financial Corporation Announce the Termination of Their Definitive Merger Agreement Effective January 1, 2017

December 20, 2016 9:00 AM EST

WESTBURY, N.Y.--(BUSINESS WIRE)-- New York Community Bancorp, Inc. (NYSE: NYCB) (the Company), the holding company for New York Community Bank and New York Commercial Bank, and Astoria Financial Corporation (NYSE: AF), the holding company for Astoria Bank, today announced that their boards of directors have mutually agreed not to extend the companies definitive merger agreement, and to terminate the agreement... More