New York Community Bancorp, Inc. operates as the bank holding company for New York Community Bank that provides banking products and services in Metro New York, New Jersey, Ohio, Florida, and Arizona. More Details
Very undervalued with high growth potential and pays a dividend.
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
Stable Share Price: NYCB is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: NYCB's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: NYCB underperformed the US Mortgage industry which returned 54.9% over the past year.
Return vs Market: NYCB underperformed the US Market which returned 50.8% over the past year.
Long-Term 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
2 weeks ago | Simply Wall StNew York Community Bancorp, Inc. (NYSE:NYCB) Looks Interesting, And It's About To Pay A Dividend
1 month ago | Simply Wall StWhat You Need To Know About New York Community Bancorp, Inc.'s (NYSE:NYCB) Investor Composition
2 months ago | Simply Wall StShareholders Of New York Community Bancorp (NYSE:NYCB) Have Received 5.2% On Their Investment
Is New York Community Bancorp undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NYCB ($12.1) is trading below our estimate of fair value ($19.09)
Significantly Below Fair Value: NYCB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NYCB is good value based on its PE Ratio (10.8x) compared to the US Mortgage industry average (12.8x).
PE vs Market: NYCB is good value based on its PE Ratio (10.8x) compared to the US market (19.8x).
Price to Earnings Growth Ratio
PEG Ratio: NYCB is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: NYCB is good value based on its PB Ratio (0.9x) compared to the US Mortgage industry average (1x).
How is New York Community Bancorp forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NYCB's forecast earnings growth (30.4% per year) is above the savings rate (2%).
Earnings vs Market: NYCB's earnings (30.4% per year) are forecast to grow faster than the US market (14.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: NYCB's revenue (25.6% per year) is forecast to grow faster than the US market (9% per year).
High Growth Revenue: NYCB's revenue (25.6% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NYCB's Return on Equity is forecast to be low in 3 years time (10.1%).
How has New York Community Bancorp performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NYCB has high quality earnings.
Growing Profit Margin: NYCB's current net profit margins (43.6%) are higher than last year (35.8%).
Past Earnings Growth Analysis
Earnings Trend: NYCB has become profitable over the past 5 years, growing earnings by 15.6% per year.
Accelerating Growth: NYCB's earnings growth over the past year (43.4%) exceeds its 5-year average (15.6% per year).
Earnings vs Industry: NYCB earnings growth over the past year (43.4%) exceeded the Mortgage industry 24.4%.
Return on Equity
High ROE: NYCB's Return on Equity (8.2%) is considered low.
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
Financial Institutions Analysis
Asset Level: NYCB's Assets to Equity ratio (8.5x) is low.
Allowance for Bad Loans: NYCB has a sufficient allowance for bad loans (596%).
Low Risk Liabilities: 67% of NYCB's liabilities are made up of primarily low risk sources of funding.
Loan Level: NYCB has an appropriate level of Loans to Assets ratio (74%).
Low Risk Deposits: NYCB's Loans to Deposits ratio (126%) is high.
Level of Bad Loans: NYCB has an appropriate level of bad loans (0.1%).
What is New York Community Bancorp current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NYCB's dividend (5.62%) is higher than the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: NYCB's dividend (5.62%) is in the top 25% of dividend payers in the US market (3.42%)
Stability and Growth of Payments
Stable Dividend: NYCB's dividend payments have been volatile in the past 10 years.
Growing Dividend: NYCB's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.8%), NYCB's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NYCB's dividends in 3 years are forecast to be well covered by earnings (48.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tom Cangemi (51 yo)
Mr. Thomas Robert Cangemi, also known as Tom, C.P.A., has been President, Chief Executive Officer, and a Director of New York Community Bancorp, Inc. and New York Community Bank since December 31, 2020 and...
CEO Compensation Analysis
Compensation vs Market: Tom's total compensation ($USD2.70M) is below average for companies of similar size in the US market ($USD6.51M).
Compensation vs Earnings: Tom's compensation has been consistent with company performance over the past year.
Experienced Management: NYCB's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.
Experienced Board: NYCB's board of directors are considered experienced (8.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
New York Community Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: New York Community Bancorp, Inc.
- Ticker: NYCB
- Exchange: NYSE
- Founded: 1859
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$5.469b
- Shares outstanding: 465.06m
- Website: https://www.mynycb.com
Number of Employees
- New York Community Bancorp, Inc.
- 615 Merrick Avenue
- New York
- United States
New York Community Bancorp, Inc. operates as the 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 ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/17 23:35|
|End of Day Share Price||2021/05/17 00:00|
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.