New York Community Bancorp, Inc. Reports Fourth Quarter 2019 Diluted Earnings Per Common Share Of $0.20 On Strong Loan Growth And A Higher Net Interest Margin

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Go back to New York Community Bancorp, Inc. Reports Fourth Quarter 2019 Diluted Earnings Per Common Share Of $0.20 On Strong Loan Growth And A Higher Net Interest Margin

New York Community Bancorp (NYCB) Tops Q4 EPS by 1c

January 29, 2020 7:07 AM EST

New York Community Bancorp (NYSE: NYCB) reported Q4 EPS of $0.20, $0.01 better than the analyst estimate of $0.19.

Earnings:

Net income for the fourth quarter of 2019 totaled $101.2 million compared to $99.0 million for the third quarter of 2019.Net income available to common shareholders for the fourth quarter of 2019 was $93.0 million or $0.20 per common share, compared to $90.8 million for the third quarter of 2019, or $0.19 per common share.Non-interest expenses were $126.1 million, compared to $123.3 million in the previous quarter; the efficiency ratio was 48.51%.Return on average assets was 0.77% for the quarter while return on... More