New York Community Bancorp Inc (NYSE:NYCB)
$ 3.59 0.01 (0.28%) Market Cap: 2.89 Bil Enterprise Value: 17.23 Bil PE Ratio: 359.00 PB Ratio: 0.37 GF Score: 53/100

New York Community Bancorp Inc at Barclays Americas Select Franchise Conference Transcript

May 15, 2019 / 08:30AM GMT
Release Date Price: $10.67 (-3.00%)
Matthew John Keating
Barclays Bank PLC, Research Division - Director & Senior Analyst

Welcome back, New York Community, to our Americas Select Franchise Conference. As many of you are aware, New York Community has been one of the most consistent presenters at this event. The bank is a leading producer of multi-family loans on rent-stabilized apartment buildings in New York City. It's also one of the few liability-sensitive names in my coverage, so it's a name that actually benefits if the Fed decides to cut interest rates over time.

The bank also has a very -- as you'll learn from this presentation, the bank has a very strong historical credit quality experience, which positions it as one of the more defensive U.S. banks. So with us this morning, I'm very pleased to have Tom Cangemi, New York Community Bancorp's CFO, to lead the presentation. Tom?

Thomas Robert Cangemi
New York Community Bancorp, Inc. - Senior EVP & CFO

Thank you. Good morning, everyone. My name is Thomas Cangemi, Senior Executive Vice President and Chief Financial Officer

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