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New York Community Bancorp Inc. Q2 adjusted earnings Beat Estimates

New York Community Bancorp Inc. (NYCB) released earnings for its second quarter that increased from the same period last year.

The company's bottom line totaled $144 million, or $0.30 per share. This compares with $97 million, or $0.21 per share, in last year's second quarter.

Excluding items, New York Community Bancorp Inc. reported adjusted earnings of $156 million or $0.33 per share for the period.

Analysts had expected the company to earn $0.30 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 23.5% to $347 million from $281 million last year.

New York Community Bancorp Inc. earnings at a glance:

-Analysts Estimate: $0.30
-Revenue (Q2): $347 Mln vs. $281 Mln last year.

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