New York Community Bancorp, Inc. Reports First Quarter 2019 Diluted Earnings Per Common Share Of $0.19 Unchanged From Prior Quarter

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New York Community Bancorp (NYCB) Reports In-Line Q1 EPS

April 30, 2019 7:17 AM EDT

New York Community Bancorp (NYSE: NYCB) reported Q1 EPS of $0.19, in-line with the analyst estimate of $0.19.

Net income for the first quarter of 2019 was $97.6 million compared to $101.7 million for the fourth quarter of 2018.Net income available to common shareholders for the first quarter of 2019 was $89.4 million compared to $93.5 million for the fourth quarter of 2018, $0.19 per common share, unchanged from the prior quarter.Non-interest expenses rose $3.8 million to $138.8 million compared to fourth quarter 2018, while the efficiency ratio was 52.15%. Excluding certain items totaling approximately $9.0 million, non-interest expenses(3), on a non-GAAP basis, were $129.7 million,... More