New York Community Bancorp, Inc. (N:NYCB)

Sector:  Financials Industry:  Banks
 
See Regulatory Filings on SEC
Company Contact
Address: 615 Merrick Ave
WESTBURY NY 11590-6607
Tel: N/A
Website: https://ir.mynycb.com
IR: See website
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Key People
Dominick Ciampa
Independent Chairman of the Board
Joseph R. Ficalora
President, Chief Executive Officer, Director; Chief Executive Officer of the Community Bank
Thomas R. Cangemi
Chief Financial Officer, Senior Executive Vice President of the Company and the Community Bank
Robert Wann
Chief Operating Officer, Senior Executive Vice President, Director of the Company and Community Bank
John J. Pinto
Chief Accounting Officer, Executive Vice President of the Company and the Community Bank
 
Business Overview
New York Community Bancorp, Inc. is a multi-bank holding company. The Company operates through its subsidiaries, New York Community Bank (the Community Bank) and New York Commercial Bank (the Commercial Bank) (collectively, the Banks). The Company's operations are divided into two segments: Banking Operations and Residential Mortgage Banking. The Banking Operations segment serves consumers and businesses by offering and servicing a range of loan and deposit products and other financial services. The Residential Mortgage Banking segment originates, aggregates, sells and services one- to four-family mortgage loans. Mortgage loan products consist of agency-conforming, fixed and adjustable-rate loans and, to a lesser extent, jumbo loans, for the purpose of purchasing or refinancing one- to four-family homes. The Community Bank is a chartered savings bank. As of December 31, 2016, the Community Bank had 225 branches operating through seven local divisions.
Financial Overview
For the fiscal year ended 31 December 2019, New York Community Bancorp, Inc. interest income increased 7% to $1.81B. Net interest income after loan loss provision decreased 6% to $950.3M. Net income applicable to common stockholders decreased 7% to $357.9M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% decrease of 10% to 2.02%, Net Interest Spread, Total -% decrease of 13% to 1.79%.
Employees: 2,786 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $5,529M as of Dec 31, 2019
Annual revenue (TTM): $1,805M as of Dec 31, 2019
EBITDA (TTM): $867.88M as of Dec 31, 2019
Net annual income (TTM): $357.88M as of Dec 31, 2019
Free cash flow (TTM): $159.53M as of Dec 31, 2019
Net Debt Last Fiscal Year: $713.06M as of Dec 31, 2019
Shares outstanding: 467,301,496 as of Feb 19, 2020
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization