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New York Community Bancorp Inc. (NYCB) reported a profit for its third quarter that climbed from the same period last year.


RTTNews | Oct 28, 2020 07:16AM EDT

07:16 Wednesday, October 28, 2020 (RTTNews.com) - New York Community Bancorp Inc. (NYCB) reported a profit for its third quarter that climbed from the same period last year.

The company's earnings totaled $107.56 million, or $0.23 per share. This compares with $90.84 million, or $0.19 per share, in last year's third quarter.

Analysts had expected the company to earn $0.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.6% to $295.65 million from $260.30 million last year.

New York Community Bancorp Inc. earnings at a glance:

-Earnings (Q3): $107.56 Mln. vs. $90.84 Mln. last year.-EPS (Q3): $0.23 vs. $0.19 last year.-Analysts Estimate: $0.23-Revenue (Q3): $295.65 Mln vs. $260.30 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3140027/new-york-community-bancorp-inc-announces-increase-in-q3-bottom-line.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved






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