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New York Community Bancorp Inc. Announces Increase In Q3 Bottom Line

New York Community Bancorp Inc. (NYCB) reported a profit for its third quarter that climbed from the same period last year.

The company's earnings totaled $107.56 million, or $0.23 per share. This compares with $90.84 million, or $0.19 per share, in last year's third quarter.

Analysts had expected the company to earn $0.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.6% to $295.65 million from $260.30 million last year.

New York Community Bancorp Inc. earnings at a glance:

-Earnings (Q3): $107.56 Mln. vs. $90.84 Mln. last year.
-EPS (Q3): $0.23 vs. $0.19 last year.
-Analysts Estimate: $0.23
-Revenue (Q3): $295.65 Mln vs. $260.30 Mln last year.

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