RTTNews | Oct 27, 2021 07:54AM EDT

07:54 Wednesday, October 27, 2021 (RTTNews.com) - New York Community Bancorp Inc. (NYCB) released earnings for its third quarter that increased from the same period last year.

The company's earnings totaled $140 million, or $0.30 per share. This compares with $107 million, or $0.23 per share, in last year's third quarter.

Excluding items, New York Community Bancorp Inc. reported adjusted earnings of $145 million or $0.31 per share for the period.

Analysts had expected the company to earn $0.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.5% to $333 million from $296 million last year.

New York Community Bancorp Inc. earnings at a glance:

-Earnings (Q3): $145 Mln. vs. $116 Mln. last year.-Analysts Estimate: $0.32-Revenue (Q3): $333 Mln vs. $296 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3236094/new-york-community-bancorp-inc-q3-adjusted-earnings-miss-estimates.aspx)

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