U.S. Bancorp adding 50 bankers to serve healthcare offices
By Tatiana Bautzer and Nupur Anand NEW YORK (Reuters) – U.S. Bancorp is starting a new business banking group to serve medical, dental and veterinary practices, the company said on Thursday.The Minneapolis-based…
US Bancorp sees annual net interest income below Wall Street estimates, shares fall
(Reuters) – US Bancorp forecast full-year net interest income (NII) below Wall Street estimates, sending the lender’s shares down more than 1% in premarket trading on Wednesday. The weak forecast comes despite…
U.S. Bancorp CEO says economy heading for “moderate” recession
(Reuters) – U.S. Bancorp’s Andy Cecere forecast a “moderate” recession that would be short and “not very deep in terms of severity,” CEO of the lender said at a conference on Tuesday.…
New York Community Bancorp announces secondary share offering by FDIC
(Reuters) – New York Community Bancorp Inc said on Tuesday the Federal Deposit Insurance Corporation is selling the bank’s shares owned by the regulator following the Signature Bank deal. A unit of…
Republic First Bancorp to go slow on fundraise, says it has ‘adequate’ capital
(Reuters) -Republic First Bancorp said on Monday it had “adequate” capital and would wait for market conditions to stabilize before rounding out the $125-million fundraise it had announced in March. The lender…
Republic First Bancorp cuts jobs in preparation to exit mortgage business
(Reuters) – Republic First Bancorp said on Friday it cut jobs in its commercial lending unit as the lender prepares to exit its mortgage origination business. The Philadelphia-based regional bank said high…
Factbox-PacWest Bancorp, US regional lender in spotlight
(Reuters) – PacWest Bancorp said late on Wednesday that it was in talks with potential partners and investors about strategic options after shares of the lender and several other U.S. regional banks…
Fifth Third Bancorp bid for First Republic before sale to JPMorgan -sources
By Anirban Sen and David French NEW YORK (Reuters) – Fifth Third Bancorp was one the banks that submitted final bids for First Republic Bank on Sunday before it was sold to…
U.S. Bancorp beats profit estimates as higher rates boost interest income
(Reuters) – U.S. Bancorp (USB) on Wednesday beat estimates for first-quarter profit as rapid rate hikes from the Federal Reserve helped the lender earn more from the interest charged on loans. That…
Republic First Bancorp expects to file annual report after deadline
(Reuters) – Republic First Bancorp Inc said on Friday it expects to file its annual report with the U.S. Securities and Exchange Commission by May 1, much later than the March 30…
Buffett’s Berkshire sheds large portion of US Bancorp stake
(Reuters) – Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, said on Thursday it has shed more than 91 million US Bancorp shares since the start of the year, reducing…
U.S. Bancorp expects mortgages to be down 30%-35% in Q3 vs Q2
NEW YORK (Reuters) – U.S. Bancorp expects a 30% to 35% drop in mortgage revenue in the third-quarter from the second quarter as the housing market slows, its chief financial officer said…
Circle Partners with New York Community Bancorp Inc. to Custody USDC Reserves and Invest in Community-Based Initiatives
NYCB partnership marks Circle’s first custody relationship with a community bank and brings digital financial literacy opportunities to the greater NYCB community BOSTON, June 28, 2022 — Today, Circle Internet Financial, a global…
NEW YORK COMMUNITY BANCORP, INC. DECLARES A QUARTERLY CASH DIVIDEND ON ITS PREFERRED STOCK
HICKSVILLE, N.Y. , May 23, 2022 — The Board of Directors of New York Community Bancorp, Inc. (NYSE: NYCB) (the “Company”) announced the declaration of a quarterly cash dividend on its Fixed-to-Floating Rate…
NEW YORK COMMUNITY BANCORP, INC. AND FLAGSTAR BANCORP, INC. EXTEND MERGER AGREEMENT
HICKSVILLE, N.Y. and TROY, Mich., April 27, 2022 — New York Community Bancorp, Inc. (NYSE: NYCB) (the “Company”) and Flagstar Bancorp, Inc. (“Flagstar”) (NYSE: FBC) today announced that they have mutually extended their merger…
NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES FIRST QUARTER 2022 DILUTED EPS OF $0.31 ON A GAAP BASIS AND DILUTED EPS OF $0.32 ON A NON-GAAP BASIS
FIRST QUARTER RESULTS DRIVEN BY SIGNIFICANT DEPOSIT GROWTH, ROBUST LOAN GROWTH, AND A HIGHER CORE NET INTEREST MARGIN BOARD OF DIRECTORS DECLARES A $0.17 DIVIDEND PER COMMON SHARE HICKSVILLE, N.Y., April 27,…
NEW YORK COMMUNITY BANCORP, INC. TO REPORT FIRST QUARTER 2022 EARNINGS AND HOST CONFERENCE CALL ON APRIL 27TH
HICKSVILLE, N.Y., March 30, 2022 — New York Community Bancorp, Inc. (NYSE: NYCB) (the “Company”) today announced that it expects to issue its earnings release for the three months ended March 31,…
NEW YORK COMMUNITY BANCORP, INC. ANNOUNCES THE LAUNCH OF A NEW BANK ON CERTIFIED CHECKING ACCOUNT AND THE AVAILABILITY OF A SPANISH LANGUAGE VERSION OF ITS WEBSITES
HICKSVILLE, N.Y., March 11, 2022 — New York Community Bancorp, Inc. (NYSE: NYCB) (the “Company” or “NYCB”) announced today that its My Community SimplyOne Checking account was certified by the Cities for Financial…
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