New York Community Bancorp (NYCB) Reports Q2 Loss, Misses Revenue Estimates

This quarterly report represents an earnings surprise of -176.32%. A quarter ago, it was expected that this bank holding company would post a loss of $0.39 per share when it actually produced a loss of $0.75, delivering a surprise of -92.31%. New York Community Bancorp, which belongs to the Zacks Financial - Savings and Loan industry, posted revenues of $671 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 4.33%. This compares to year-ago revenues of $1.2 billion. The company ...