Sitting in IBD’s Dividend Leaders screen, dividend stock U.S. Bancorp (USB) is in focus as a stable choice with solid dividend growth. X U.S. Bancorp, headquartered in Minneapolis, Minn., is the seventh largest bank in the U.S., with $668 billion in assets and over 2,200 branches primarily across the Midwest. Originally incorporated in 1863, U.S. […]
(Bloomberg) — The US commercial real estate market has been in turmoil since the onset of the Covid-19 pandemic. But New York Community Bancorp delivered a reminder that some lenders are only just beginning to see the pain. Most Read from Bloomberg The bank’s decisions to slash its dividend and stockpile reserves sent its stock […]
New York Community Bancorp (NYSE: NYCB) stretched itself thin last year when it opportunistically expanded, and now the company plans to retrench to shore up its balance sheet. Shares of the banking company traded down 36% as of 10:30 a.m. ET Wednesday after New York Community said it would slash its dividend and take other […]
New York Community Bancorp (NYCB) plummeted Wednesday morning after reporting a surprise loss and slashed its dividend as it preps for stricter capital requirements. Several other regional banks retreated, while Treasury yields fell. X The New York-area bank lost 27 cents a share in Q4 vs. views for a 29-cent gain. Credit losses provisions soared […]
(Bloomberg) — New York Community Bancorp, the regional lender that purchased deposits from Signature Bank last year, reported a surprise loss for the fourth quarter and cut its dividend. Most Read from Bloomberg Shares of the company slumped 15% in early New York trading after the bank lowered its quarterly payout to shareholders to 5 […]