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New York Community Bancorp Inc. Profit Falls In Q2

New York Community Bancorp Inc. (NYCB) revealed earnings for second quarter that declined from last year.

The company's bottom line came in at $99.15 million, or $0.20 per share. This compares with $107.05 million, or $0.22 per share, in last year's second quarter.

The company's revenue for the quarter fell 8.3% to $263.96 million from $287.77 million last year.

New York Community Bancorp Inc. earnings at a glance:

-Earnings (Q2): $99.15 Mln. vs. $107.05 Mln. last year.
-EPS (Q2): $0.20 vs. $0.22 last year.
-Revenue (Q2): $263.96 Mln vs. $287.77 Mln last year.

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