New York Community Bancorp (NYSE:NYCB – Get Free Report) announced its earnings results on Friday. The financial services provider reported ($0.69) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.40) by ($0.29), RTT News reports. New York Community Bancorp had a negative return on equity of 4.49% and a negative net margin of 10.78%. The company had revenue of $1.65 billion during the quarter, compared to analyst estimates of $621.72 million. During the same period in the previous year, the company posted $1.08 earnings per share.
New York Community Bancorp Stock Performance
Shares of NYCB stock opened at $10.55 on Monday. The company has a market capitalization of $4.38 billion, a price-to-earnings ratio of -3.82 and a beta of 1.00. The company has a debt-to-equity ratio of 3.66, a quick ratio of 1.17 and a current ratio of 1.27. New York Community Bancorp has a 52 week low of $5.10 and a 52 week high of $34.47. The company has a 50-day simple moving average of $11.11 and a 200 day simple moving average of $12.19.
New York Community Bancorp Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 17th. Stockholders of record on Saturday, December 7th will be paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.38%. New York Community Bancorp’s dividend payout ratio is presently -1.45%.
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on New York Community Bancorp
About New York Community Bancorp
New York Community Bancorp, Inc operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit.
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