New York Community Bancorp, Inc. Reports Third Quarter 2020 Diluted EPS Of $0.23 On Continued Double-Digit NIM Expansion And Strong Loan Growth While 95% Of $3.1 Billion In Eligible Loan Deferrals Ret

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Go back to New York Community Bancorp, Inc. Reports Third Quarter 2020 Diluted EPS Of $0.23 On Continued Double-Digit NIM Expansion And Strong Loan Growth While 95% Of $3.1 Billion In Eligible Loan Deferrals Ret

New York Community Bancorp (NYCB) Reports In-Line Q3 EPS

October 28, 2020 7:13 AM EDT

New York Community Bancorp (NYSE: NYCB) reported Q3 EPS of $0.23, in-line with the analyst estimate of $0.23.

Commenting on the Company's third quarter performance, President and Chief Executive Officer Joseph R. Ficalora stated: "We are very pleased with our strong third quarter results, especially given the uneven economic recovery and the lingering effects from the COVID-19 pandemic over the past quarter. We had solid net income and EPS growth during the current third quarter, driven by strong loan growth and double-digit net interest margin expansion resulting in continued net interest income growth. At the same time,... More