New York Community Bancorp (NYCB) Tops Q2 EPS by 3c

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NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES RECORD NET INCOME AND STRONG YEAR-OVER-YEAR EPS GROWTH DURING SECOND QUARTER OF 2022

July 27, 2022 7:00 AM EDT

SECOND QUARTER 2022 DILUTED EPS UP 13% TO $0.34 AND NON-GAAP DILUTED EPS UP 6% TO $0.35

SECOND QUARTER RESULTS DRIVEN BY ACCELERATED LOAN GROWTH, CONTINUED SIGNIFICANT DEPOSIT GROWTH, AND A HIGHER NIM

BOARD OF DIRECTORS DECLARES A $0.17 DIVIDEND PER COMMON SHARE

Second Quarter 2022 Summary

Earnings/Net Income:Diluted GAAP EPS were $0.34, up 13% on a year-over-year basis; excluding merger-related expenses and other one-time items, diluted EPS on a non-GAAP basis were $0.35, up 6% on a year-over-year... More