NYCB Stock Recent News
NYCB LATEST HEADLINES
The stock has risen more than 26% in 2025 on signs of a turnaround from its “material weakness” warning last year.
NYCB, rebranded as Flagstar Financial (FLG), faces significant risks but offers a deep value play for long-term investors despite current negative profitability. FLG's loan portfolio is heavily concentrated in multi-family and commercial real estate, posing risks due to economic downturns and interest rate fluctuations. FLG's valuation metrics, including a price-to-book value of 0.49 and equity-to-market cap ratio of 218.67%, suggest the stock is undervalued.
U.S. regional lender Flagstar Bank, a unit of New York Community Bancorp , said on Thursday it will lay off around 700 employees, or 8% of its workforce, amid efforts to turn around its struggling business.
New York Community Bancorp (NYCB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
HICKSVILLE, N.Y. , Oct. 17, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that it plans to issue results for the three and nine months ended September 30, 2024 at approximately 7:00 a.m.
Kroger announced it will match Flagstar donations pound-for-pound resulting in 4,000 meals for metro Detroit families in need. HICKSVILLE, N.Y.
HICKSVILLE, N.Y. , Oct. 3, 2024 /PRNewswire/ -- Flagstar Bank, N.A.
Latest ESG Report Demonstrates Company's Responsible Business Practices and Showcases Early Achievement of 2030 Carbon Emissions Targets HICKSVILLE, N.Y. , Sept. 25, 2024 /PRNewswire/ -- Flagstar Bank, N.A.
FLAGSTAR BANK EXPANDS COMMERCIAL AND PRIVATE BANKING LEADERSHIP TEAM WITH KEY EXECUTIVE APPOINTMENTS
HICKSVILLE, N.Y. , Sept. 16, 2024 /PRNewswire/ -- Flagstar Bank, N.A.
New York Community Bancorp's stock and corporate bonds rallied on Tuesday, after the bank disclosed a conversion of preferred stock into common stock.