New York Community Bancorp, Inc. (NYCB-PA)
| Previous close | 16.23 |
| Open | 16.23 |
| Bid | 0.00 x 1200 |
| Ask | 0.00 x 1800 |
| Day's range | 15.63 - 16.23 |
| 52-week range | 8.50 - 23.91 |
| Volume | |
| Avg. volume | 469,953 |
| Market cap | 2.715B |
| Beta (5Y monthly) | 0.91 |
| PE ratio (TTM) | 13.03 |
| EPS (TTM) | 1.22 |
| Earnings date | N/A |
| Forward dividend & yield | 1.59 (10.04%) |
| Ex-dividend date | 06 Mar 2024 |
| 1y target est | N/A |
BloombergEinhorn’s Greenlight Underperformed ‘Broken’ Stock Market Last Quarter
(Bloomberg) -- David Einhorn’s Greenlight Capital underperformed the “fundamentally broken” stock market at the start of the year, according to a letter to investors.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience After Meta’s AI Push Irks InvestorsTaylor Swift Is Proof That How We Critique Music Is BrokenBHP Makes Takeover Approach For Rival Mi
ZacksPacific Premier Bancorp (PPBI) Surpasses Q1 Earnings and Revenue Estimates
Pacific Premier Bancorp (PPBI) delivered earnings and revenue surprises of 2.08% and 2.35%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
ReutersAnalysis-NYCB faces tough choices on CRE loans, balance sheet diversification
New York Community Bancorp will have to lure buyers for its commercial real estate (CRE) loans with steep discounts and diversify its revenue as it races to shore up its finances. The bank's new management has promised to unveil a turnaround plan this month after losses on CRE loans, NYCB's core business, sparked a rout that wiped nearly $6 billion off its market value and sparked ratings downgrades. A $1 billion investment led by former U.S. Treasury Secretary Steven Mnuchin's Liberty Strategic Capital has shored up the bank for the short-term, but it still needs to bolster its capital and shrink its exposure to the CRE sector, which has been hammered by higher interest rates.
