New York Community Bancorp (NYCB) shares fell 6% as Morningstar DBRS downgraded its credit rating due to an 'outsized' exposure to commercial real estate loans. Moody's downgraded NYCB to junk status after a 60% plunge. Despite this, top executives and the Chairman bought shares, leading to a bounce in NYCB's stock.
NYCB shares gains as stake purchase by top executives lifts investor trust https://t.co/jVvZn5lfyo https://t.co/xFjn2F3Rnn
⚠️ NYCB GAINS FURTHER AS STAKE PURCHASE BY TOP EXECUTIVES LIFTS INVESTOR TRUST (Reuters) New York Community Bancorp shares surged on Monday, extending a rally from the previous session after top executives disclosing they had bought stock in the U.S. lender. The bank has been… https://t.co/0r1jqtiOKW
⚠️ REAL ESTATE PAIN FOR US REGIONAL BANKS IS PILING UP, SAY INVESTORS (Reuters) New York Community Bancorp's exposure to commercial real estate has intensified investor scrutiny around regional banks, with some expecting more pain for those with office and multifamily property… https://t.co/IoznEMieRd
New York Community Bancorp insiders step in to buy falling shares of the regional bank https://t.co/yYb889ldZj
NYCB shares bounce as top executives disclose stakes https://t.co/tHQgj9d1D0 https://t.co/BA2p3Yk0TS
NYCB Insiders Are Buying Up the Battered Stock https://t.co/oRWvlX8Qhn
New York Community Bank's stock sunk to a 23-year low last week, took an axe to its dividend and socked away over $500 million for CRE losses. Is NYCB a red flag or a one-off for CRE distress in the banking space? Deconstruct digs in. STREAM HERE: https://t.co/MjxfYgERKj https://t.co/vYwSUcpYLg
New York Community Bancorp’s stock falls to levels not seen since 1997 https://t.co/A6t1Nv8Kl1
$NYCB some insider buying getting it going. Careful with this one though. Small position only. https://t.co/gzy4FAraDu
New York Community Bancorp, $NYCB, Chairman buys $200,000 in stock after colapsing 26% in 5 days, per WSJ.
$NYCB Form 4 NEW YORK COMMUNITY BANCO For: Feb 09 Filed by: Smith Lee Matthew (~$100k this time) whole senior management team ordered to buy shares on the open today and post them Form 4s ASAP ! https://t.co/xIX8mWoyp8
⚠️ NYCB SHARES STRUGGLE TO GAIN AFTER SELLOFF OVER CRE EXPOSURE WORRIES (Reuters) New York Community Bancorp shares swayed between gains and losses in early trading on Friday, reeling under credit-rating cuts over its exposure to the troubled commercial real estate (CRE) sector… https://t.co/hYhaZb9ZQ6
$NYCB insider buy https://t.co/HuOup7Jdj0
Are New York Community Bancorp’s troubles the start of another banking panic? Probably not. But they do suggest broader problems https://t.co/eV3AXPH3X7 👇
New York Community Bancorp shares touched a 27-year low this week in a loss tied to troubled loans in commercial real estate. So should we be panicking about banks… again? @krisaqnews explains https://t.co/VreVGr4l2Z https://t.co/M0oZsLjHOy
Regional banks and their exposure to commercial real estate were thrust back into the spotlight in February after New York Community Bancorp Inc. $NYCB reported a surprise loss from its large book of property loans. https://t.co/HiuUJeVf4i
NYCB shares have lost over 60% of their value since a disastrous earnings report on Jan. 31. But that shouldn’t spark a banking crisis like SVB’s collapse did. Here’s why. https://t.co/zpaM8Sqgkr
"NYCB has delivered a shock to the smaller bank sector, which was already suffering amid bad headlines about commercial property problems. When share prices start to slip, it’s easier to sell first and ask questions later." --@PaulJDavies, @opinion https://t.co/DmO5HRCNeN $NYCB https://t.co/eB5ROMAo5D
Moody's just downgraded $NYCB to JUNK ~1 year ago, New York Community Bancorp assumed the assets + liabilities of Signature Bank after it collapsed We were assured the regional bank crisis had been stemmed But in the past week, $NYCB plunged 60% (27-year low) after a ~$260M… https://t.co/Oq2LtgZhgJ
#NYCB isn't the canary in the commercial property coalmine that you might think: The #NewYork bank's stresses are more a result of Jumping up the banking leagues. But its crashing stock price can still be #contagious >> https://t.co/BGYWS2sbCt via @opinion https://t.co/sTrgdmUXoI
NYCB shares slide on investor jitters despite promise to cut CRE exposure https://t.co/pgPgH6Witw https://t.co/1KpLBJld8u
⚠️ NYCB'S "OUTSIZED" CRE EXPOSURE PROMPTS MORNINGSTAR DBRS DOWNGRADE (Reuters) Morningstar DBRS downgraded the credit rating of New York Community Bancorp to "BBB" from "BBB (high)" on Thursday, citing the lender's "outsized" exposure to commercial real estate loans compared to… https://t.co/xZCkt3W0Fh
⚠️ NYCB SHARES SLIDE ON INVESTOR JITTERS DESPITE PROMISE TO CUT CRE EXPOSURE (Reuters) New York Community Bancorp shares fell 6% before the bell on Thursday as the lender struggles to regain investor confidence despite promising steps to cut its exposure to the troubled… https://t.co/auhMwqg7Dc