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Recap: New York Community Q4 Earnings

Company s 52-week low was at $7.72 Price action over last quarter: Up 33.82% Company Description New York Community Bancorp Inc is a US-based multi-bank holding company. The group operates in the business division of Banking operations which relates to the provision of services of the loan and deposit products and other financial services to the consumers and businesses. The company is also a producer of multi-family loans in New York City, with an emphasis on non-luxury residential apartment buildings with rent-regulated units that feature below-market rents. The group also offers online banking, mobile banking, and banking by phone services.  

New York Community Bancorp: 4Q Earnings Snapshot

New York Community Bancorp: 4Q Earnings Snapshot January 27, 2021 GMT WESTBURY, N.Y. (AP) New York Community Bancorp Inc. (NYCB) on Wednesday reported fourth-quarter profit of $189.7 million. On a per-share basis, the Westbury, New York-based company said it had profit of 39 cents. Earnings, adjusted for pretax gains, were 27 cents per share. The results surpassed Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. The bank holding company posted revenue of $440.9 million in the period. Its adjusted revenue was $323 million, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $313.6 million.

Is FCN A Good Stock To Buy According To Hedge Funds?

Is FCN A Good Stock To Buy According To Hedge Funds?
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