logo
Share SHARE
FONT-SIZE Plus   Neg

New York Community Bancorp Q1 Profit Down - Quick Facts

New York Community Bancorp Inc. (NYB: Quote) reported that its first-quarter GAAP earnings were $118.3 million, or $0.27 per share, down from $123.2 million, or $0.28 per share in the year ago quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.26 per share. Analysts' estimates typically exclude special items.

Operating earnings totaled $117.8 million or $0.27 per share, compared to $117.2 million or $0.27 per share in the year ago quarter.

Net interest income for the quarter declined to $288.41 million from $303.25 million in the prior year quarter. Total non-interest income was $61.99 million, up from $58.61 million in year ago quarter.

The company said that its board declared quarterly cash dividend of $0.25 per share. The dividend is payable on May 17th to shareholders of record at the close of business on May 7, 2012.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
American Airlines Group said pilots at its subsidiaries American Airlines and US Airways, represented by Allied Pilots Association, have approved a new five-year contract which provides immediate pay raises of 23 percent and subsequent annual raises of three percent for the next five years. LEGO Group, TT Games and Warner Bros. Interactive Entertainment have announced their 2015 slate of video games, including LEGO Jurassic World, LEGO Marvel's Avengers, and as well as new hand-held and mobile titles. Social-networking giant Facebook, Inc. is said to be testing their new 'Place Tips' feature for iOS users that will rival a similar service being provided by Yelp or Foursquare. The feature will provide the user relevant content about their location as long as they are there through pop ups on their news feed page of Facebook.
comments powered by Disqus
RELATED NEWS
Trade NYB now with 
Follow RTT