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New York Community Bancorp Is Now Officially Flagstar Financial
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
New York Community sees more near-term pain than expected
A 42% drop in net interest income, continued costs from its merger with Flagstar Bank and the sale of its mortgage warehouse business weighed on the third-quarter results.
Why New York Community Bancorp Stock Dove by 8% Today
On Friday, it was New York Community Bancorp's (NYSE: NYCB) turn to present its third-quarter financial results. This was met with a fairly sharp and negative reaction from the market, which wasted little time in selling off the stock to the point where it closed more than 8% lower.
New York Community Bancorp: A New Chapter Begins
New York Community Bancorp (soon Flagstar Financial) is in a transitional phase. Check out my thoughts on NYCB's Q3 numbers and its decision to rebrand.
3d
on MSN
Flagstar, formerly NYCB, reports a wider-than-expected loss as charge-offs jump
The bank formerly known as NYCB reported another wider-than-expected quarterly loss and provided a downbeat outlook.
Long Island Press
7d
Flagstar Laying Off Nearly 2,000, Taking $20M Hit: A Closer Look At The LI Bank’s Decline
Flagstar Bank is laying off nearly 2,000 people and taking a $20 million hit in the latest chapter of one of the region’s ...
5d
on MSN
Flagstar Bank laying off 173 employees in Michigan
The Troy layoffs were prompted by Flagstar's planned sale of its mortgage servicing business to Dallas-based Mr. Cooper, and ...
7h
Flagstar Financial Inc.
Although it's volatile, silver can provide a cushion against declines in purchasing power over the long term. S&P 500 funds are inexpensive and share many similarities, but you'll find small ...
Crain's Detroit
10d
Flagstar Bank to cut 1,900 jobs by the end of 2024
Flagstar Bank will be eliminating 700 jobs, or 8% of its workforce, its parent company New York Community Bancorp announced ...
10d
on MSN
NYCB’s Flagstar Cuts 700 Staff With More to Depart in Unit Sale
New York Community Bancorp’s Flagstar Bank is eliminating 700 jobs, or 8% of the workforce, as part of the lender’s effort to ...
9d
New York Community Bancorp laying off 700 Flagstar Bank employees
Flagstar Bank is laying off about 700 more workers “as part of its strategic transformation plan,” according to the bank’s ...
2d
Flagstar Financial Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 6.7% growth forecast ...
10d
NYCB's Flagstar Unit to Cut Around 1,900 Jobs
(Reuters) -New York Community Bancorp unit Flagstar Bank will lay off around 1,900 employees, the U.S. regional lender said ...
bankingdive
11d
NYCB rebrands as Flagstar Financial
The board has approved an amendment to change New York Community Bank’s name to Flagstar Financial, effective Oct. 25.
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