New York Community Bancorp Inc. tried to reassure investors Wednesday, saying total deposits have increased in the last several weeks and that it had “ample”.
While the reserve boost disclosed as part of its fourth-quarter update last week isn’t considered a major factor for the stock’s slide, it’s part of a move.
Deutsche Bank Aktiengesellschaft cut shares of New York Community Bancorp (NYSE:NYCB – Free Report) from a buy rating to a hold rating in a report released on Friday, Marketbeat reports. Deutsche Bank Aktiengesellschaft currently has $7.00 target price on the financial services provider’s stock, down from their prior target price of $15.00. A number of […]
Regional banks have been setting aside money to deal with future losses on commercial real estate, but in the wake of problems at New York Community Bancorp some analysts now fear it hasn't been enough.