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New York Community Bancorp's (NYCB) Chair Dinello's Comments Bank's Issues

February 7, 2024 8:52 AM EST

New York Community Bancorp's (NYSE: NYCB) executive chair Sandro Dinello has issued comments on the banks recent issues:

  • Says bank is dealing with "serious situation" but "remains strong."
  • The bank is "committed to building liquidity further."
  • Will reduce commercial real estate exposure.
  • The bank can increase its reciprocal deposit capacity if needed.
  • "Deposit resilience is outstanding."
  • Says the bank remains confident in net interest income forecast for 2024.



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