The commercial real estate exposure of U.S. regional banks has raised concerns as regional bank stocks continue to slide. New York Community Bancorp (NYCB) has experienced a significant drop, down almost 10% in a morning and crashing 7% to a new 23-year low. The turmoil at NYCB has rekindled fears about the real estate market. Wall Street is worried about another regional banking crisis as NYCB closes at $4.20 and then at $3.62 after hours, less than 0.3x book value.
$NYCB at $3.62 or <0.3x book after hours... https://t.co/vEAbgfw7Ws
$NYCB closes at $4.20 I see. https://t.co/4pnREsOgBq
Wall Street is worried about another regional banking crisis https://t.co/N84Qe35j6d via @CNNBusiness
NYCB Extends $4.5 Billion Stock Rout to Lowest Level Since 1997 https://t.co/TQLADEuoll
Deutsche PBB Bonds Suffer Record Drop as US Property Fears Mount @business @DiMartinoBooth #CMBS ▪Morgan Stanley call included suggestion to sell PBB debt ▪New York Community Bancorp woes rekindle real estate fears
$NYCB has firm support at
Don't look now $NYCB down 25% today with $116 billion in assets $KRE https://t.co/2kzcp2OLO0
Don't look now $NYCB down 25% today with $116 billion in assets https://t.co/3Y7T5Ai4Rl
NYCB -25%
Wall Street is worried banks aren't worried enough about commercial real estate as NYCB turmoil mounts https://t.co/NJ4xwtJ7CU by @DsHollers
Will $NYCB's share price collapse most likely cause a run on the bank?
NYCB Drop Highlights That Regional-Bank Stocks Are Poor Investments https://t.co/XMDghJJr9a
Regional bank stocks look ‘very risky’, says DataTrek https://t.co/GK2DqNubSk
Regional bank stocks look ‘very risky’ after ‘barely’ growing dividend payouts since 2006 https://t.co/roCm5ha49b
Wall Street is worried banks aren't worried enough about commercial real estate: https://t.co/BwDqmy7HkE by @DsHollers $NYCB $KRE https://t.co/BpUBVC49xz
Wall Street is worried banks aren't worried enough about commercial real estate https://t.co/8KaOGGYJQI by @DsHollers
$NYCB down almost 10% this morning https://t.co/CQHBBhJ3Bc
NYCB crashes 7% to new 23 year low.
Regional bank sentiment is becoming exhaustively low, according to Goldman $KRE https://t.co/IJJohth9om
Regional-bank stocks slide as Powell plays down chances of March rate hike https://t.co/yfzRUvkxIa
Regional-bank stocks continue to slide as Fed’s Powell plays down chances of March rate cut https://t.co/MFotiumAVn
🏦 Here is the commercial real estate exposure of some prominent U.S. regional banks: https://t.co/EVbh2zedqw https://t.co/34ZKheGuuk
Regional banks are proving a lot less resilient than their own clients. @jarapley on the commercial real estate crisis 👇 https://t.co/owdUCVemaM