New York Community Bancorp (NYCB) Tops Q2 EPS by 2c

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New York Community Bancorp, Inc. Reports Second Quarter 2017 Diluted Earnings Per Common Share of $0.22

July 26, 2017 7:00 AM EDT

Board of Directors Declares a $0.17 per Common Share Dividend

Second Quarter 2017 Highlights

Earnings: Net income totaled $115.3 million, up 10.9% from the $104.0 million reported in the first quarter. Net income available to common shareholders totaled $107.0 million, up 3.0% from the $104.0 million reported in the first quarter. This resulted in a 0.94% return on average assets and a 6.97% return on average common stockholders equity. (1) The return on average tangible assets was 0.99% and the return on average tangible common stockholders equity was 11.54%.(1) (2)... More