FX.co ★ New York Community Bancorp Inc. Q4 Earnings Summary

The New York Community Bancorp Inc. (NYCB) recently reported notable figures in its earnings highlights. In Q4, there was a loss of $260 million compared to a profit of $164 million in the same quarter of the previous year. Moreover, the earnings per share (EPS) in Q4 was recorded at -$0.36, as opposed to a preceding year's $0.30. However, upon excluding certain items, NYCB's adjusted earnings stood at -$193 million, or -$0.27 per share, for that period. Analysts had previously projected earnings of $0.28 per share. Finally, the NYCB saw $740 million revenue in Q4, which was nearly double the $379 million reported in the same period the year before.