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New York Community Bancorp Inc. (NYCB) announced a profit for its second quarter that rose from last year.


RTTNews | Jul 29, 2020 07:15AM EDT

07:15 Wednesday, July 29, 2020 (RTTNews.com) - New York Community Bancorp Inc. (NYCB) announced a profit for its second quarter that rose from last year.

The company's profit totaled $97.14 million, or $0.21 per share. This compares with $89.04 million, or $0.19 per share, in last year's second quarter.

Analysts had expected the company to earn $0.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 10.2% to $281.25 million from $255.29 million last year.

New York Community Bancorp Inc. earnings at a glance:

-Earnings (Q2): $97.14 Mln. vs. $89.04 Mln. last year.-EPS (Q2): $0.21 vs. $0.19 last year.-Analysts Estimate: $0.19-Revenue (Q2): $281.25 Mln vs. $255.29 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3115492/new-york-community-bancorp-inc-earnings-rise-in-q2.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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