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home / news releases / new york community bancorp s slow and steady recover

NYCB - New York Community Bancorp's Slow And Steady Recovery

New York Community Bancorp Inc.

2024-06-17 18:00:00 ET

Summary

  • New York Community Bank faces bankruptcy risk with a market cap of over $3 billion, 70% below pre-disaster highs.
  • The company focuses on fixing problem loans, building relationships, reducing expenses, and increasing fee income for long-term growth.
  • Forecasts show potential for strong recovery with increased efficiency, EPS growth, and book value per share doubling.

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For further details see:

New York Community Bancorp's Slow And Steady Recovery
Stock Information
Company Name: New York Community Bancorp Inc.
Stock Symbol: NYCB
Market: NYSE
Website: ir.mynycb.com
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