New York Community Bancorp (NYCB) Misses Q4 EPS by 3c

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Go back to New York Community Bancorp (NYCB) Misses Q4 EPS by 3c

New York Community Bancorp, Inc. Reports 4Q 2016 Diluted EPS of $0.23 and 2016 Diluted EPS of $1.01

January 25, 2017 7:00 AM EST

Board of Directors Declares a $0.17 per Share Dividend

2016 Highlights

Strong Earnings and Returns: The Company generated 2016 earnings of $495.4 million, providing a 1.00% return on average assets and an 8.19% return on average stockholders equity. The 2016 returns on average tangible assets and average tangible stockholders equity were 1.06% and 13.75%, respectively.(1) Net Interest Margin: The Companys margin was 2.86% in 4Q 2016, including 20 basis points (bps) from prepayment income. Excluding prepayment income (i.e., on a non-GAAP basis), the margin would have declined five bps sequentially.(2)... More