New York Community Bancorp: A Good Time To Be Looking For An Exit

wildpixel 42 Doc 2004 NY Community Bancorp stock tanks after dividend out, Q1 loss from reserve build. $ANews - Wed. Jan. 31 - 259 Connens - [[] 457 NYCB reported a massive loss in the quarter, to the tune of 25 cents per share. This loss was almost twice what was expected. There were two big components of this loss. The first was the collapsing net interest margin. You can see the evolution of this below as we went from 2.82% to 2.28% in one quarter. Notable here, was the borrowing rate, which jumped from ...