NYCB Intrinsic Value – NYCB Falls Further Into Value Territory with Yield of 6.85%

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New York Community ($NYSE:NYCB) Bancorp (NYCB) has taken a further tumble into value territory, with its current yield of 6.85%. With this large decrease in value, NYCB is now one of the least attractive stocks in the banking industry. NEW YORK COMMUNITY BANCORP is a leading banking institution in the United States focusing on consumer and business banking in the New York metropolitan area. It provides a wide range of banking services including checking, savings accounts, mortgages, and other consumer lending products. It was formerly known as New York Savings Bank and is listed on the NASDAQ stock exchange. For investors looking for value, NYCB may be an attractive option. Despite its low yield, the stock is still considered to be undervalued by many analysts. While it is not expected to rebound to its previous levels anytime soon, it may still be worth looking into for those seeking value.

Additionally, NYCB is well-established and has a solid track record of success, making it a relatively low-risk investment opportunity.

Analysis – NYCB Intrinsic Value

At GoodWhale, we have conducted a comprehensive analysis of NEW YORK COMMUNITY BANCORP’s financials and have determined that the fair value of its shares is roughly $15.6. This calculation was created using our proprietary Valuation Line, which factors in all the elements of the company’s performance and current market conditions. This discrepancy presents a great opportunity for investors to purchase shares of NEW YORK COMMUNITY BANCORP at a discounted price. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for NYCB. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for NYCB. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for NYCB. More…

Key Ratios Snapshot

Some of the financial key ratios for NYCB are shown below. More…

Peers

New York Community Bancorp Inc, a bank holding company, operates as the bank for consumers and businesses. The company offers checking and savings accounts, mortgages, and other personal and business banking products and services. Elmer Bancorp Inc, Fellow Bank PLC, and Delhi Bank Corp are its competitors.

– Elmer Bancorp Inc ($OTCPK:ELMA)

Elmer Bancorp Inc is a bank holding company that operates through its subsidiary, Elmer Bank & Trust Company. It offers a range of banking services to individual and corporate customers in the United States. The company has a market cap of $15.05 million as of 2022.

– Fellow Bank PLC ($LTS:0RD4)

Fellow Bank PLC is a publicly traded company with a market capitalization of £35.51 million as of 2022. The company is a provider of banking and financial services to individuals and businesses in the United Kingdom. Fellow Bank offers a range of products and services including savings accounts, personal loans, and credit cards. The company is headquartered in London, England.

Summary

New York Community Bancorp (NYCB) is a U.S. bank holding company with a focus on lending to residential and commercial customers in the NYC metropolitan area and Mid-Atlantic region. Recently, the bank’s stock price has fallen to value territory and now yields a 6.85% dividend yield. This could be an attractive opportunity for investors seeking higher yields, although they should be aware of the risks associated with investing in a single company. Analysts have recommended that investors make sure to diversify their portfolios, as NYCB may be more volatile than the rest of the market.

Furthermore, investors should examine the bank’s financials to determine whether its balance sheet and income statement are strong enough to support the current dividend payout. NYCB’s ability to sustain its dividend and achieve growth are also important factors to consider when investing in the company.