New York Community Bancorp (NYCB) Misses Q1 EPS by 2c

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Go back to New York Community Bancorp (NYCB) Misses Q1 EPS by 2c

New York Community Bancorp, Inc. Reports 1Q 2017 Diluted Earnings Per Common Share of $0.21

April 26, 2017 7:00 AM EDT

Board of Directors Declares a $0.17 per Common Share Dividend

1Q 2017 Highlights

Earnings: Net income available to common shareholders totaled $104.0 million, providing a 0.85% return on average assets and a 6.76% return on average common stockholders equity. The return on average tangible assets was 0.90% in the quarter, and the return on average tangible common stockholders equity was 11.20%.(1) Net Interest Margin: The Companys margin declined 15 basis points ("bps") to 2.71% in the quarter, largely reflecting a nine-basis point decline in the... More