New York Community Bancorp (NYSE:NYCB – Get Free Report) posted its quarterly earnings results on Friday. The financial services provider reported ($0.69) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.29), RTT News reports. The business had revenue of $1.65 billion during the quarter, compared to analysts’ expectations of $621.72 million. New York Community Bancorp had a negative net margin of 10.78% and a negative return on equity of 4.49%. During the same quarter last year, the firm earned $1.08 earnings per share.
New York Community Bancorp Stock Down 8.3 %
NYCB traded down $0.95 on Friday, reaching $10.55. The company’s stock had a trading volume of 18,531,372 shares, compared to its average volume of 8,349,230. New York Community Bancorp has a 1 year low of $5.10 and a 1 year high of $34.47. The business’s 50 day moving average is $11.11 and its 200 day moving average is $12.17. The company has a debt-to-equity ratio of 3.66, a current ratio of 1.27 and a quick ratio of 1.17. The stock has a market cap of $4.38 billion, a price-to-earnings ratio of -3.83 and a beta of 1.00.
New York Community Bancorp Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Saturday, December 7th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.38%. New York Community Bancorp’s payout ratio is -1.45%.
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New York Community Bancorp Company Profile
New York Community Bancorp, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit.
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