- Zacks
Bank of Hawaii (BOH) Eyes Capital Raise Amid Bond Losses
Bank of Hawaii (BOH) is seeking capital through depositary shares. The bank suffers from significant 'unrealized' bond losses amid rising interest rates.
- Reuters
NYCB acquired Signature Bank assets with total fair value of $37.8 billion
In March 2023, its subsidiary, Flagstar Bank, had assumed substantially all of Signature Bank's deposits and some of its loan portfolios from the Federal Deposit Insurance Corporation (FDIC). The regional lender added the fair value estimate primarily includes $24.9 billion in cash and cash equivalents and $11.7 billion in loans and leases. It also assumed liabilities with an estimated fair value of $35.7 billion, primarily including $33.5 billion in customer deposits, NYCB said.
- Simply Wall St.
Institutional investors own a significant stake of 41% in New York Community Bancorp, Inc. (NYSE:NYCB)
Key Insights Given the large stake in the stock by institutions, New York Community Bancorp's stock price might be...
