New York Community Bancorp, Inc. - NYCB STOCK NEWS

Welcome to our dedicated page for New York Community Bancorp news (Ticker: NYCB), a resource for investors and traders seeking the latest updates and insights on New York Community Bancorp stock.

New York Community Bancorp, Inc. (NYSE: NYCB) stands as one of the 25 largest bank holding companies in the United States, boasting assets exceeding $48 billion and a market cap surpassing $7 billion. Headquartered in Hicksville, New York, NYCB operates through a network of over 270 branches spread across metro New York, New Jersey, Florida, Arizona, and Ohio, and ranks among the top 25 depositories in the nation.

NYCB's mission is to excel in all aspects for the benefit of customers, communities, employees, and shareholders alike. The company manages its branches under two primary banks: New York Community Bank and New York Commercial Bank, both members of the FDIC. These banks operate through eight local divisions reflecting the company's growth through strategic acquisitions:

• Queens County Savings Bank
• Roslyn Savings Bank
• Richmond County Savings Bank
• Roosevelt Savings Bank
• Garden State Community Bank
• AmTrust Bank
• Ohio Savings Bank
• Atlantic Bank

NYCB competes robustly in diverse markets, offering a comprehensive array of products and services that include online banking, mobile banking, and phone banking. Additionally, the company is a leading producer of multi-family loans in New York City, specializing in rent-regulated, non-luxury apartment buildings.

Recently, NYCB acquired Flagstar Bank, N.A., bolstering its presence with 435 branches and extensive operations across the Northeast, Midwest, Southeast, and West Coast. Flagstar Mortgage, a subsidiary of Flagstar Bank, operates nationally through a wholesale network of roughly 3,000 third-party mortgage originators. The acquisition has positioned NYCB as the second-largest multi-family portfolio lender in the U.S. and has strengthened its foothold in mortgage origination, servicing, and warehouse lending. As of March 31, 2023, NYCB reported assets of $123.8 billion, loans totaling $83.3 billion, deposits of $84.8 billion, and total stockholders' equity of $10.8 billion.

Latest News: NYCB has successfully implemented AFSVision, an advanced lending platform by Automated Financial Systems, Inc. (AFS®), at Flagstar Bank. This strategic move enhances Flagstar's commercial lending capabilities and supports its relationship banking model. AFSVision allows seamless integration with financial institutions' ecosystems and offers digital-enabling capabilities for end-to-end commercial loan processing.

NYCB continues to excel in various national businesses, including multi-family lending, mortgage origination and servicing, and warehouse lending. With a focus on technology and efficiency, the company remains committed to providing exceptional service to its customers and maintaining its strong market positions.