NYSE:NYCB.PRA

Stock Analysis Report

New York Community Bancorp

Executive Summary

New York Community Bancorp, Inc. operates as a bank holding company for New York Community Bank that provides banking products and services in Metro New York, New Jersey, Ohio, Florida, and Arizona.

Snowflake

Fundamentals

Excellent balance sheet average dividend payer.


Similar Companies

Share Price & News

How has New York Community Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.4%

NYSE:NYCB.PRA

0.9%

US Mortgage

0.2%

US Market


1 Year Return

4.8%

NYSE:NYCB.PRA

-2.0%

US Mortgage

-0.7%

US Market

NYCB.PRA outperformed the Mortgage industry which returned -0.3% over the past year.

NYCB.PRA outperformed the Market in United States of America which returned 0.3% over the past year.


Share holder returns

NYCB.PRAIndustryMarket
7 Day0.4%0.9%0.2%
30 Day4.9%-1.9%-2.7%
90 Day7.6%-0.4%1.6%
1 Year11.5%4.8%0.05%-2.0%1.6%-0.7%
3 Yearn/a32.3%23.5%40.0%30.9%
5 Yearn/a56.8%40.3%53.8%36.8%

Price Volatility Vs. Market

How volatile is New York Community Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is New York Community Bancorp undervalued based on future cash flows and its price relative to the stock market?

14.78x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

New York Community Bancorp's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

New York Community Bancorp's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

New York Community Bancorp is overvalued based on earnings compared to the US Mortgage industry average.

New York Community Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

New York Community Bancorp is poor value based on expected growth next year.


Price Based on Value of Assets

New York Community Bancorp is good value based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

How is New York Community Bancorp expected to perform in the next 1 to 3 years based on estimates from 14 analysts?

11.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

New York Community Bancorp's revenue is expected to grow by 7.3% yearly, however this is not considered high growth (20% yearly).

New York Community Bancorp's earnings are expected to grow by 11.3% yearly, however this is not considered high growth (20% yearly).

New York Community Bancorp's revenue growth is positive but not above the United States of America market average.

New York Community Bancorp's earnings growth is positive but not above the United States of America market average.

New York Community Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

New York Community Bancorp is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has New York Community Bancorp performed over the past 5 years?

1.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

New York Community Bancorp's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

New York Community Bancorp's 1-year earnings growth is negative, it can't be compared to the 5-year average.

New York Community Bancorp's 1-year earnings growth is negative, it can't be compared to the US Mortgage industry average.


Return on Equity

New York Community Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

New York Community Bancorp used its assets less efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if New York Community Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is New York Community Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

New York Community Bancorp has an acceptable proportion of non-loan assets held.

New York Community Bancorp has a sufficient allowance for bad loans.

New York Community Bancorp's liabilities are made up of primarily low risk sources of funding.

New York Community Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

New York Community Bancorp has advanced significantly more loans than the customer deposits it holds (i.e. bank has borrowed additional funds to lend).

New York Community Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is New York Community Bancorp's current dividend yield, its reliability and sustainability?

6.18%

Expected Dividend Yield


Dividend Yield and Payments Analysis

New York Community Bancorp's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.48%).

New York Community Bancorp's dividend is above the markets top 25% of dividend payers in United States of America (3.83%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.3x coverage).


Next Steps

Management

What is the CEO of New York Community Bancorp's salary, the management and board of directors tenure and is there insider trading?

14.5yrs

Average management tenure


CEO

Joseph Ficalora (72yo)

26.1yrs

Tenure

US$4,571,698

Compensation

Mr. Joseph R. Ficalora is the President and Chief Executive Officer of New York Community Bancorp Inc. since July 20, 1993 and New York Community Bank since January 1, 1994. Mr. Ficalora is a Director of N ...


CEO Compensation Analysis

Joseph's remuneration is lower than average for companies of similar size in United States of America.

Joseph's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

14.5yrs

Average Tenure

57.5yo

Average Age

The average tenure for the New York Community Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

10.5yrs

Average Tenure

73yo

Average Age

The average tenure for the New York Community Bancorp board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyUS$43,14823 May 19
Hanif Dahya
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,640
Max PriceUS$26.31

Ownership Breakdown


Management Team

  • Joseph Ficalora (72yo)

    President

    • Tenure: 26.1yrs
    • Compensation: US$4.57m
  • Robert Wann (64yo)

    Senior EVP

    • Tenure: 12.6yrs
    • Compensation: US$2.56m
  • Thomas Cangemi (50yo)

    Senior EVP & CFO

    • Tenure: 14.3yrs
    • Compensation: US$1.75m
  • R. Quinn (57yo)

    Chief Corporate Governance Officer

    • Tenure: 14.8yrs
  • James Carpenter (58yo)

    Senior EVP & Chief Lending Officer

    • Tenure: 13.6yrs
    • Compensation: US$1.57m
  • John Pinto (48yo)

    Executive VP & Chief Accounting Officer

    • Tenure: 14.3yrs
    • Compensation: US$1.19m
  • Salvatore DiMartino

    First Senior VP and Director of Investor Relations & Strategic Planning

    • Tenure: 0.0yrs
  • Robert Brown

    Chief Information Officer & Executive VP

    • Tenure: 0.0yrs
  • Eric Kracov

    Chief Human Resources Officer & Executive VP

    • Tenure: 0.0yrs
  • John Adams

    Chief Credit Officer & Executive VP

    • Tenure: 0.0yrs

Board Members

  • Joseph Ficalora (72yo)

    President

    • Tenure: 26.1yrs
    • Compensation: US$4.57m
  • Robert Wann (64yo)

    Senior EVP

    • Tenure: 12.6yrs
    • Compensation: US$2.56m
  • James O'Donovan (76yo)

    Director

    • Tenure: 16.2yrs
    • Compensation: US$365.07k
  • John Tsimbinos (81yo)

    Director

    • Tenure: 20.6yrs
    • Compensation: US$215.07k
  • Michael Levine (74yo)

    Presiding Director

    • Tenure: 5.6yrs
    • Compensation: US$394.22k
  • Dominick Ciampa (85yo)

    Chairman of the Board

    • Tenure: 8.6yrs
    • Compensation: US$477.00k
  • Wally Dahya (63yo)

    Director

    • Tenure: 12.4yrs
    • Compensation: US$250.64k
  • Ron Rosenfeld (80yo)

    Director

    • Tenure: 7.6yrs
    • Compensation: US$138.48k
  • Lawrence Savarese (62yo)

    Director

    • Tenure: 6.4yrs
    • Compensation: US$335.40k
  • Lawrence Rosano (66yo)

    Director

    • Tenure: 5.1yrs
    • Compensation: US$238.33k

Company Information

New York Community Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: New York Community Bancorp, Inc.
  • Ticker: NYCB.PRA
  • Exchange: NYSE
  • Founded: 1859
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$5.314b
  • Shares outstanding: 467.36m
  • Website: https://www.mynycb.com

Number of Employees


Location

  • New York Community Bancorp, Inc.
  • 615 Merrick Avenue
  • Westbury
  • New York
  • 11590
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
NYCBNYSE (New York Stock Exchange)YesCommon StockUSUSDNov 1993
QC1DB (Deutsche Boerse AG)YesCommon StockDEEURNov 1993
NYCB.PRANYSE (New York Stock Exchange)DEP SHS REPSTG AUSUSDMar 2017

Biography

New York Community Bancorp, Inc. operates as a bank holding company for New York Community Bank that provides banking products and services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The co ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 00:36
End of Day Share Price2019/08/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.