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Director of Investor Relations
Good morning, everyone. This is Sal DiMartino, Director of Investor Relations. Earlier this morning, we issued a joint press release and presentation announcing the acquisition of Flagstar Bancorp by New York Community Bancorp. Both companies also separately issued their respective First Quarter 2021 earnings releases, which we will briefly discuss this morning.
Please note that today s call will take the place of the previously scheduled earnings calls, which have been canceled. Today s releases and presentations have been posted on each company s Investor Relations website.
Before the discussion begins, I d like to remind you that certain comments made today by the management teams of both New York Community and Flagstar, may include forward-looking statements within the meanings of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements we may make are subject to the safe harbor rules. Please review the forward-looki
Since taking over as CEO, Thomas Cangemi has said he wants to shift from a thrift model to a more traditional commercial bank. This acquisition helps with this mission.
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