New York Community Bancorp, Inc. (NYSE:NYCB) Q1 2022 Earnings Conference Call April 27, 2022 8:30 AM ET Company Participants Sal DiMartino - Executive Vice President & Chief of Staff Thomas Cangemi - Chairman, President & Chief Executive Officer John Pinto - Chief Financial Officer Sandro DiNello - President and Chief Executive Officer, Flagstar Lee Smith - President, Flagstar Mortgage Conference Call Participants Ebrahim Poonawala – Bank of America Chris McGratty - KBW Steven Alexopoulos - JPMorgan David R ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: December 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-31565 NEW YORK COMMUNITY BANCORP, INC. (Exact name of registrant as specified in its charter) Delaware 06-1377322 (State or other jurisdiction of in ...

New York Community Bancorp, Inc. (NYSE:NYCB) Q4 2021 Earnings Conference Call January 26, 2022 8:30 AM ET Company Participants Thomas Cangemi – Chairman, President and Chief Executive Officer John Pinto – Chief Financial Officer Lee Smith – President of Mortgage, Flagstar Bank Sandro DiNello – President and Chief Executive Officer, Flagstar Bank Conference Call Participants Ebrahim Poonawala – Bank of America Christopher McGratty – KBW Steve Moss – B. Riley Brock Vandervliet – UBS David Rochester – Compass ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the quarterly period ended September 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-31565 NEW YORK COMMUNITY BANCORP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 06-1377322 (I.R.S. Employer Identification No.) 102 Duffy Avenue ...

New York Community Bancorp (NYSE:NYCB) Q3 2021 Earnings Conference Call October 27, 2021 8:30 AM ET Company Participants Sal DiMartino - Director-Investor Relations Thomas Cangemi - Chairman, President and Chief Executive Officer Robert Wann - COO John Pinto - Chief Financial Officer Sandro DiNello - President and Chief Executive Officer of Flagstar Bank Lee Smith - President of Flagstar Mortgage Conference Call Participants Ebrahim Poonawala - Bank of America Brock Vandervliet - UBS David Rochester - Compa ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-31565 NEW YORK COMMUNITY BANCORP, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or or ...

Second Quarter 2021 Investor Presentation Cautionary Statements Forward-Looking Information This presentation may include forward‐looking statements by the Company and our authorized officers pertaining to such matters as our goals, intentions, and expectations regarding revenues, earnings, loan production, asset quality, capital levels, and acquisitions, among other matters; our estimates of future costs and benefits of the actions we may take; our assessments of probable losses on loans; our assessments o ...

New York Community Bancorp, Inc. (NYSE:NYCB) Q2 2021 Earnings Conference Call July 28, 2021 8:30 AM ET Company Participants Sal DiMartino – Director-Investor Relations Thomas Cangemi – Chairman, President and Chief Executive Officer Sandro DiNello – President and Chief Executive Officer of Flagstar Bank Lee Smith – President of Flagstar Mortgage John Pinto – Chief Financial Officer Conference Call Participants Steve Moss – B. Riley Securities Brock Vandervliet – UBS Dave Rochester – Compass Point Steven Ale ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-31565 NEW YORK COMMUNITY BANCORP, INC. (Exact name of registrant as specified in its charter) Delaware 06-1377322 (State or other jurisdiction o ...

Summary of New York Community Bancorp Inc. and Flagstar Bancorp Inc. Acquisition Conference Call Companies Involved - **New York Community Bancorp Inc. (NYCB)** - **Flagstar Bancorp Inc. (FBC)** Core Points and Arguments 1. **Acquisition Announcement**: NYCB announced the acquisition of Flagstar Bancorp, which is expected to enhance both companies' capabilities and market presence [4][11][20]. 2. **First Quarter Results**: NYCB reported a strong first quarter with earnings per share (EPS) of $0.29, exceeding consensus by $0.02. Key metrics included a 47% increase in pre-provision net revenue to $200 million and a net interest margin (NIM) of 2.48% [6][7][10]. 3. **Loan and Deposit Growth**: NYCB saw a $242 million increase in loans (2% annualized) and a 22% rise in deposits ($1.8 billion) during the quarter, with a significant portion being noninterest-bearing [8][9]. 4. **Asset Quality**: Both companies maintained strong asset quality metrics, with net recoveries recorded and a high percentage of loans returning to payment status [10][30]. 5. **Strategic Priorities**: The merger aims to diversify revenue streams, improve funding profiles, and accelerate the transition to a commercial banking model. The combined entity will have a larger platform and enhanced product offerings [11][17][19]. 6. **Financial Projections**: The transaction is expected to be immediately accretive to tangible book value and EPS, with projected annual capital generation of $500 million post-transaction [18][23]. 7. **Transaction Structure**: The deal is structured as a tax-free 100% stock transaction with a fixed exchange ratio of 4.0151 NYCB shares for each Flagstar share, valued at 6.4x 2022 consensus EPS estimates [20][23]. 8. **Management Integration**: The new company will have a board of 12 directors, with 8 from NYCB and 4 from Flagstar. Key executives from both companies will lead the integration [21][22]. 9. **Market Positioning**: The combined company will have $87 billion in assets and nearly 400 branches across 9 states, enhancing its competitive position in the market [24][25]. 10. **Revenue Diversification**: The merger is expected to shift revenue sources, with NYCB's fee income projected to increase significantly, while Flagstar's mortgage revenue will continue to be a strong contributor [28][30]. Other Important but Potentially Overlooked Content 1. **Cost Savings**: Estimated cost savings from the merger are projected at $125 million, with conservative assumptions regarding integration and operational efficiencies [23][41]. 2. **Regulatory Process**: The transaction has undergone thorough regulatory vetting, and both companies are confident in moving forward [64][65]. 3. **Future Growth Opportunities**: The combined entity is expected to explore new markets and expand its lending capabilities beyond the New York City area, leveraging Flagstar's existing operations [76][77]. 4. **Interest Rate Sensitivity**: The merger will shift the combined company's interest rate sensitivity from liability-sensitive to asset-sensitive, positioning it favorably for future interest rate increases [19][70]. 5. **Technology Investments**: The larger organization will have the capacity to invest in technology, enhancing customer service and operational efficiency [33][70]. This summary encapsulates the key points discussed during the conference call regarding the acquisition of Flagstar Bancorp by New York Community Bancorp, highlighting the strategic, financial, and operational implications of the merger.