New York Community Bancorp's stock has plunged by record percentages, with pre-market drops of 16% extending to a record 45% at the open. The bank reported a surprise loss for the fourth quarter and cut its dividend, leading to a suspension of trading. The earnings report showed a 36 cents loss vs 27 cents profit expected, with an adjusted revenue of $886 million. The bank also acquired the collapsed Signature Bank last year. The stock's decline has led to fears of regional banking turmoil, with Moody's considering a possible downgrade to junk. Bank of America believes this is unlikely to foreshadow another banking crisis. The stock's rebound has been minimal, with continued losses and credit rating reviews.
Does New York Community Bancorp have another surprise in store for investors? https://t.co/n6zbH2EsG1 $NYCB
New York Community Bancorp shares have dropped by more than 40% over two days. https://t.co/EZe72uEHFH
2 Regional bank selloff continues as New York Community Bancorp slumps https://t.co/gCLuwMHIWT https://t.co/SZrGXnLrau
⚠️ QUOTES: REGIONAL BANK SELLOFF CONTINUES AS NEW YORK COMMUNITY BANCORP SLUMPS (Reuters) A sell-off in shares of U.S. regional banks continued on Thursday, adding to losses from a day earlier when a surprise loss and a 70% divided cut from New York Community Bancorp renewed… https://t.co/FmHFAvqq6k
NY Community Bancorp bonds plunged on Wednesday, then edged slightly higher Thursday, after the regional lender reported a surprise loss and a dividend cut https://t.co/nAyxoZUF4w
😵“All-Out Blood Bath”: $NYCB Crushed, Regional Banks Whacked $KRE New York Community Bancorp (NYCB) earnings were an “all-out blood bath” for the company and don’t augur well for regional banks as a whole. Financials analyst Josh Steiner diagnosed the bank’s “trifecta of… https://t.co/24zwL5BtYQ
⚠️BREAKING: *WESTERN ALLIANCE BANCORP FALLS 10%, MOST SINCE MAY 4, AMID REGIONAL BANK FEARS $WAL *NEW YORK COMMUNITY BANCORP EXTENDS LOSS, DOWN 12% AT $5.69 $NYCB https://t.co/kwDAzT4I2R
Shares of New York Community Bancorp sank for a second straight day as at least five Wall Street analysts downgraded their recommendations and Moody’s put the bank’s credit rating on review https://t.co/rxEEU0B3BO
$NYCB | New York Community Bancorp Shares Down Over 14% To Lowest Since 2000
WESTERN ALLIANCE BANCORP FALLS 10%, MOST SINCE MAY 4 NEW YORK COMMUNITY BANCORP EXTENDS LOSS, DOWN 12.07% AT $5.69 https://t.co/ncyOl1e169
$NYCB ❖ NEW YORK COMMUNITY BANCORP EXTENDS LOSS, DOWN 12.07% AT $5.69
BREAKING: New York Community Bank stock, $NYCB, the bank that acquired the collapsed Signature Bank, extends losses to 45% in 2 days. This comes after the bank reported a Q4 loss of $260 million while a gain of $250 million was expected. The bank also reduced their dividend by… https://t.co/zf6g5kT7e6
Bank of America said it’s unlikely that problems at New York Community Bancorp will foreshadow another banking crisis. Shares of New York Community Bancorp plunged more than 37% Wednesday in its worst day since it went public in 1993 https://t.co/vvPaGxpQgK
$NTCB ❖ NEW YORK COMMUNITY BANCORP SHARES EXTEND LOSSES, LAST DOWN 10%
New York Community Bancorp’s stock rebounds https://t.co/TjYsz6bKIM
Banking turmoil fears return after New York Community Bancorp stock plunges 38% https://t.co/VCbKRJG0qE
⚠️ US REGIONAL BANKING SHARES UNDER LENS AFTER NYCB SLIDE (Reuters) U.S. regional bank shares were under the lens again on Thursday after the sector's main benchmark experienced its biggest single day decline since the collapse of Signature Bank in March last year. The KBW… https://t.co/l1hAClQSbx
⚠️ JUST IN: *NEW YORK COMMUNITY BANCORP MAY BE CUT TO JUNK BY MOODY'S $NYCB https://t.co/nRoGQ13jEl
"The bank got too full of itself," says @herbgreenberg on NY Community Bancorp after the stock plunged 38% today. "It went on this buying spree. It bought this 5 star bank, then it bought assets of a really troubled bank." $NYCB https://t.co/Ul4eQQeSk4
3 Regional banks hit after New York Community Bancorp cuts dividend after loss https://t.co/LXZaWpRfdg https://t.co/YYhTSwRY3e
Talk to enough people at the big banks and they will tell you the regional banking crisis took a pause but it probably isn't quiet over just yet. Here's proof: New York Community Bancorp’s Stock Tumbles on Loan Troubles, Dragging Down Other Regional Banks https://t.co/Wcv60uRnhq…
US bank stocks sink after New York Community Bancorp cuts dividend https://t.co/hIcdNap0oi https://t.co/DU3H92kl6j
New York Community Bancorp Stock Plunges 35%, Reigniting Fears for Regional Banks. Markets seem to react adversely when banks cut their dividend https://t.co/awad50eDgW
⚠️ FACTBOX-US MID-SIZED BANKS WITH OVER OR CLOSE TO $100 BILLION IN ASSETS (Reuters) Regional U.S. banks' shares sank on Wednesday, dragged down by a 46% plunge in the shares of New York Community Bancorp after it cut its dividend and posted a surprise loss. The dividend was… https://t.co/rI2C5s9KYx
New York Community Bancorp #NYCB Grapples With 40% Share Drop Following Disappointing Earnings Report https://t.co/ibk2UfAWL5
2 Regional banks hit after New York Community Bancorp cuts dividend after loss https://t.co/v8u10ohr4d https://t.co/LnxIJ5egB5
Does not look good $NYCB. As per WSJ: Shares of New York Community Bancorp fell, weighing on smaller lenders, after the bank swung to a loss and slashed its dividend to shore up capital in the aftermath of its purchase of the assets of the collapsed Signature Bank. As we warned…
New York Community Bancorp’s stock crushed on surprise loss, dividend cut and losses on two loans https://t.co/cdR95IZBHg
⚠️ REGIONAL BANKS HIT AFTER NEW YORK COMMUNITY BANCORP CUTS DIVIDEND AFTER LOSS (Reuters) New York Community Bancorp shares fell as much as 46% to their lowest in over two decades on Wednesday after the lender slashed its dividend and posted a surprise loss for the fourth…
New York Community Bancorp Shares Tank as It Posts Sharp Loss, Slashes Dividend https://t.co/Y3TSLeD6SQ
New York Community Bancorp shares tumble on dividend cut, surprise loss https://t.co/DGRcoW97jj https://t.co/HDZDh42JQe
The shares of New York Community Bancorp ($NYCB), the bank whose unit took over defunct Signature Bank's non crypto-related deposits, tumbled on Wednesday, after a big earnings miss and 71% dividend cut. by @Aoyon_A https://t.co/2ABa8hVk3K
New York Community Bancorp shares down as much as 46% this morning after earnings, which included an unexpected increase in loan loss provisions Bank is citing "weakness in the office sector," repricing risk in multifamily and a jump in classified assets https://t.co/7dFUUVb1wg https://t.co/21iiefHq7z
BREAKING‼️New York Community Bank, $NYCB, falls ~40% after earnings. This is the bank that acquired the collapsed Signature Bank. Bank Crisis II https://t.co/I1rHGpzTx2
New York Community Bancorp's surprise loss precipitates 35% stock selloff https://t.co/FLIJG04zU4
⚠️BREAKING: *NEW YORK COMMUNITY BANCORP CONTINUES TO PLUNGE, DOWN 39% AFTER CUTTING DIVIDEND AND REPORTING LOSS https://t.co/nQotoOGfoK 👈 $NYCB https://t.co/gWOrIbhSrv
Shares of New York Community Bancorp plunged 41%, and it was halted, after the lender slashed its quarterly dividend and posted a surprise loss for the last three months of the year, per Reuters.
BREAKING: New York Community Bancorp stock crashes and trading has halted.
⚠️ NEW YORK COMMUNITY BANCORP STOCK TUMBLES ON DIVIDEND CUT, SURPRISE LOSS (Reuters) Shares of New York Community Bancorp plunged 41% on Wednesday after the lender slashed its quarterly dividend and posted a surprise loss for the last three months of the year. The company…
🚨BREAKING: NEW YORK COMMUNITY BANCORP STOCK CRASHES Trading has been suspended. Source: 𝕏 https://t.co/sz4YE1GRoM
NEW YORK COMMUNITY BANK SHARES ARE DOWN OVER 40% TODAY THE BANK POSTED A SURPRISE LOSS FOR THE FOURTH QUARTER AND ALSO CUT ITS DIVIDEND THIS IS THE SAME BANK WHO BOUGHT SIGNATURE BANK LAST YEAR AFTER IT COLLAPSED $NYCB https://t.co/ZQOnAA1WK8
BREAKING: New York Community Bank stock, $NYCB, the bank that acquired the collapsed Signature Bank, falls 40% after earnings. The bank announced that they will be cutting their dividend by 70% to meet regulatory requirements. They also reported a 4th quarter LOSS of $260… https://t.co/18QmW6PHB6
NY Community Bancorp Plunges A Record 45% After Dividend Cut - BBG https://t.co/ss6UTgiq4H
JUST IN - New York Community Bancorp stock crashes, trading halted.
NEW YORK COMMUNITY BANCORP PLUNGES BY RECORD 44% AT THE OPEN soft landing
NY Community Bancorp, the regional lender that purchased deposits from Signature Bank last year, fell a record 45% after reporting a surprise loss and a dividend cut https://t.co/tDgq9dP413
*NEW YORK COMMUNITY BANCORP PLUNGES 44% AT THE OPEN $NYCB https://t.co/Be2fQxvbTz
*NEW YORK COMMUNITY BANCORP PLUNGES BY RECORD 44% AT THE OPEN https://t.co/SW7aEJTjRM
New York Community Bancorp $NYCB is down 41% premarket, likely to open around market lows -Big miss and cut dividend to 5c from 17c -Provision for credit losses of $552M much higher than est $45M -Big loss from 2 loans $KRE $XLF https://t.co/DDAwUySus4
Another one is about to bite dust! The US banking system is fine. The New York Community Bancorp stock is down 34.59% in pre-market trading. The earnings report this afternoon showed 36 cents loss vs 27 cents profit expected. This came from an adjusted revenue of $886 million… https://t.co/sANVlyvAqp
* NEW YORK COMMUNITY BANCORP EXTENDS DECLINE TO 32% @JohnSpall247 $NYCB https://t.co/xbUQKNw6qa
New York Community Bancorp stock slides as it cuts dividend, posts surprise loss https://t.co/vsIft18Aju
*NEW YORK COMMUNITY BANCORP EXTENDS PREMARKET DROP TO 16%