New York Community Bancorp Inc. (NYB) reported that its third-quarter net income increased to $98.573 million or $0.28 per share from $58.064 million or $0.17 per share last year.
Operating earnings rose to $90.2 million or $0.26 per share from $84.8 million or $0.25 per share a year ago.
Cash earnings increased to $114.304 million or $0.33 per share from $95.713 million or $0.28 per share last year.
On average, 17 analysts polled by Thomson Reuters expected the company to report profit of $0.26 per share for the quarter. Analysts' estimates typically exclude special items.
Net interest income was $226.360 million compared to $181.879 million last year.
The company's Board of Directors declared a quarterly cash dividend of $0.25 per share, payable on November 17 to shareholders of record at the close of business on November 6.
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