Today New York Community Bancorp, Inc. reported second quarter 2024 earnings and shared updates on the Company’s strategic path forward. The Company also announced significant changes to its Mortgage business as it continues in its efforts to transform into a leading, diversified regional bank. Read the full Q2 2024 results here: http://spr.ly/6045cTTxx Learn about changes to our Mortgage business here: http://spr.ly/6047cTTxL
New York Community Bank (NYCB)
Banking
Hicksville, New York 16,484 followers
a Division of Flagstar Bank, N.A.
About us
New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The Company is headquartered in Hicksville, New York. At June 30, 2024, the Company had $119.1 billion of assets, $82.4 billion of loans, deposits of $79.0 billion, and total stockholders’ equity of $8.4 billion. Flagstar Bank, N.A. operates over 400 branches, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators. In addition, the Bank has approximately 90 private banking teams located in over 10 cities in the metropolitan New York City region and on the West Coast, which serve the needs of high-net worth individuals and their businesses.
- Website
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https://www.myNYCB.com
External link for New York Community Bank (NYCB)
- Industry
- Banking
- Company size
- 5,001-10,000 employees
- Headquarters
- Hicksville, New York
- Type
- Public Company
- Founded
- 1859
Locations
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Primary
Get directions
102 Duffy Ave
Hicksville, New York 11801, US
Employees at New York Community Bank (NYCB)
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Alex Csiszar
VP - New York Community Bank, a division of Flagstar Bank, N.A.
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Glen Orenstein
Financial Services Associate/Universal Banker New York Community Bank (NYCB)
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Craig Preiser
First Vice President, Director Systems Engineering at New York Community Bancorp, Inc. (NYCB)
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Jeff Lee
Updates
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NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES BOARD APPROVAL OF ONE-FOR-THREE REVERSE STOCK SPLIT http://spr.ly/6041gQ2Xx
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NEW YORK COMMUNITY BANCORP, INC. APPOINTS PRESIDENT AND CHIEF EXECUTIVE OFFICER JOSEPH M. OTTING TO ADDITIONAL ROLE OF EXECUTIVE CHAIRMAN EFFECTIVE CLOSE OF BUSINESS JUNE 5, 2024 https://lnkd.in/eFz4ex2M
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NEW YORK COMMUNITY BANCORP, INC. REPORTS FIRST QUARTER 2024 RESULTS AND PROVIDES UPDATE ON ITS STRATEGIC PATH TO PROFITABILITY https://lnkd.in/eSDMW5Zf
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New York Community Bancorp, Inc. Bolsters Executive Team with Four Strategic Appointments. Read more by clicking the link below: https://lnkd.in/eVUTJHgM
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NEW YORK COMMUNITY BANCORP, INC. CLOSES OVER $1 BILLION EQUITY INVESTMENT STRENGTHENING BALANCE SHEET AND LIQUIDITY POSITION https://lnkd.in/eNGUPBQj
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Today New York Community Bancorp announced a combined investment of over $1 billion, anchored by former U.S. Treasury Secretary Steven Mnuchin’s fund Liberty Strategic Capital, as well as other institutional investors. The strategic investment is a positive endorsement of the turnaround that is underway at Flagstar. We are also pleased to announce that Joseph Otting, Former Comptroller of the Currency, will be joining the Company as CEO, and Sandro DiNello will remain as Non-Executive Chairman. Our new leadership team, with the support of the reconstituted Board, will continue to take the actions that are necessary to improve earnings and profitability and drive enhanced value for customers and shareholders over the long-term. Please see the following Press Release for more information: https://lnkd.in/eC3Zk8bW
NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES OVER $1 BILLION EQUITY INVESTMENT ANCHORED BY FORMER U.S. TREASURY SECRETARY STEVEN MNUCHIN'S LIBERTY STRATEGIC CAPITAL, HUDSON BAY AND REVERENCE CAPITAL
ir.mynycb.com
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We recently appointed a New Chief Risk Officer and Chief Audit Executive as we continue TO STRENGTHEN our MANAGEMENT TEAM AND ENHANCE our RISK FRAMEWORK. Please read the release below to learn more about today’s news. https://lnkd.in/eyX3ppfH
NEW YORK COMMUNITY BANCORP, INC. CONTINUES TO STRENGTHEN MANAGEMENT TEAM AND ENHANCE RISK FRAMEWORK
ir.mynycb.com
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We’re pleased to announce that Sandro DiNello, previously president and CEO of Flagstar Bancorp and currently non-executive chairman of the board of New York Community Bancorp, will take on the new role of executive chairman of the company. In this role, he will be part of the daily operations of the bank and work alongside President and CEO Thomas R. Cangemi and other members of the senior executive leadership team to improve all aspects of the bank’s operations. Sandro’s new role coincides with the bank’s announcement today about its strength and stability in terms of deposits and ample liquidity. Please see the following Press Releases for more information: CURRENT LIQUIDITY AND DEPOSIT INFORMATION - RELEASED 2.6.24 https://lnkd.in/ekjjvAaq NYCB APPOINTS ALESSANDRO DINELLO AS EXECUTIVE CHAIRMAN - RELEASED 2.7.24 https://lnkd.in/eTv-HB2c
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