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New York Community Bancorp sets Q4 earnings release

EditorAhmed Abdulazez Abdulkadir
Published 01/12/2024, 01:03 PM
© Reuters.
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HICKSVILLE, N.Y. - New York Community Bancorp , Inc. (NYSE:NYCB), the parent company of Flagstar Bank, N.A., has scheduled its fourth quarter earnings release for the period ending December 31, 2023, for the morning of January 31, 2024. The announcement will be made at roughly 7:00 a.m. Eastern Time and will be available on the company's investor relations website.

Following the release, a conference call led by President and CEO Thomas R. Cangemi and other executive leaders will take place at 8:30 a.m. Eastern Time to discuss the financial results of the fourth quarter.

New York Community Bancorp (NASDAQ:CTBI) is among the nation's largest regional banks with $111.2 billion in assets as of September 30, 2023. The company boasts a substantial loan portfolio of $85.9 billion and holds deposits totaling $82.7 billion. It operates Flagstar Bank with 436 branches across various regions and Flagstar Mortgage through a wholesale network of approximately 3,000 third-party mortgage originators.

The company claims market-leading positions in several sectors, including multi-family lending, mortgage origination and servicing, and warehouse lending. It is recognized as the second-largest multi-family portfolio lender in the United States and the top lender in the New York City area, focusing on rent-regulated, non-luxury apartment buildings. Flagstar Mortgage ranks as the seventh-largest bank originator of residential mortgages, and the company is also noted as the fifth-largest sub-servicer of mortgage loans nationally, handling 1.6 million accounts. Additionally, it stands as the second-largest mortgage warehouse lender in the country based on total commitments.

This financial update is based on a press release statement from New York Community Bancorp, Inc. and does not include any promotional content or subjective claims.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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