New York Community Bank

Newsletters August 14, 2020

No. 523: Veteran ‘Ventures,’ pandemic page-turners and throwing shots with the real Doc Holliday

Engines of innovation: Welcome to Friday, dear readers, as we race to the end of another sticky summer workweek and throttle down for another well-earned weekend. Low key: It’s Aug. 14 out there, and honestly, the pickings are very slim – the best we could do is the Day of Remembrance of the Defenders of the Fatherland in Abkhazia, which is, like, not even a real country. It’s also National Financial Awareness Day, which…

Earnings August 7, 2020

NYCB rises above pandemic with ‘impressive’ 2Q

NEW YORK COMMUNITY BANCORP INC. Headquarters: Westbury Industry: Finance NYSE: NYCB Reporting Date: July 29, 2020 Reporting Quarter: 2Q FY2020 Quarter Ended: June 30, 2020 Numbers: Net income for the second quarter was reported as $105.3 million, an 8.3 percent rise above the $97.2 million reported for the same quarter last fiscal year. Total quarterly revenues (up 10.1 percent, to $281.2 million) and net income available to shareholders (up 9 percent, to $97.1 million)…

Newsletters February 5, 2020

No. 472: On videogames, infectious diseases and historic blizzards (and the return of Capt. Picard)

Center piece: Welcome to Wednesday, dear readers, as we reach the middle of another busy workweek – and the exact midpoint of the blessedly mild (at least in these parts) Winter of 2020. That makes it Feb. 5 out there, giving you plenty of interesting options – it’s National Chocolate Fondue Day, Western Monarch Day (celebrating the butterfly, not the royals) and National Shower With a Friend Day (which isn’t as exciting as it…

Newsletters February 1, 2019

No. 377: Loosing fateful lightning, reshaping SBU’s innovation ecosystem and (sadly) remembering the Islanders fisherman

That happened fast: Welcome to Friday, dear reader, and welcome to February – one month down already! It’s Feb. 1 out there, which means a) Tom Brady is gearing up somewhere for another ill-gained Super Bowl, and b) It’s National Freedom Day in the United States, honoring Abraham Lincoln’s signing of a resolution that later became the slavery-busting 13th Amendment. Not coincidentally: It’s also the start of U.S. Black History Month, so designated by…

Finance October 24, 2015

No questions, please, at First Niagara

First Niagara Financial Group announced earnings of 15 cents a share on Friday, in line with expectations. But the big question was about the Buffalo-based bank’s future, specifically a rumored sale to Long Island’s New York Community Bank Corp. or Canada’s TD Bank, also with a large Island presence. And, no surprise, there was no big answer to the big question. “First Niagara has a long-standing policy that we simply do not comment on market rumors or…