Why Is New York Community Bancorp Stock Higher Premarket Wednesday?
Why Is New York Community Bancorp Stock Higher Premarket Wednesday?
New York Community Bancorp, Inc. (NYSE:NYCB) shares are trading higher after it agreed to sell around $5 billion in mortgage warehouse loans to JPMorgan Chase Bank, N.A. of JPMorgan Chase & Co. (NYSE:JPM).
纽约社区银行股份有限公司（纽约证券交易所代码：NYCB）同意向摩根大通旗下的摩根大通银行出售约50亿美元的抵押贷款仓库贷款后，股价走高。（纽约证券交易所代码：JPM）。
After the deal closes, the company projects that the transaction will add 65 basis points to the CET1 capital ratio, resulting in a pro-forma CET1 capital ratio of 10.8% as of March-end.
交易完成后，该公司预计该交易将使CET1资本比率增加65个基点，从而使截至3月底的CET1资本比率预计为10.8％。
The New York Community expects to reinvest sale proceeds into cash and securities. On a pro-forma basis, the ratio of cash and securities to total assets is projected to improve to 24% from 20% as of March-end.
纽约社区预计将出售收益再投资于现金和证券。按预计，现金和证券占总资产的比率预计将从3月底的20％提高到24％。
Also, the bank's pro-forma loan-to-deposit ratio is anticipated to decline to 104% compared to 110% at the end of the first quarter 2024.
此外，该银行的预计贷款存款比率将从2024年第一季度末的110％降至104％。
President and Chief Executive Officer Joseph Otting said, "Consistent with my guidance during our recent earnings call, we are moving forward quickly to implement our strategic plan, which focuses on improving our capital, liquidity, and loan-to-deposit metrics."
总裁兼首席执行官约瑟夫·奥廷表示：“根据我在最近的财报电话会议上的指导，我们正在迅速实施我们的战略计划，该计划侧重于改善我们的资本、流动性和贷款到存款指标。”
"The mortgage team at Flagstar built a first-class warehouse business, which is reflected in our ability to execute on an accretive transaction with JP Morgan. The mortgage business remains an important business for the Company and we will continue to provide our mortgage customers and partners the same great service that they have come to expect from Flagstar."
“Flagstar的抵押贷款团队建立了一流的仓库业务，这反映在我们与摩根大通执行增值交易的能力上。抵押贷款业务仍然是公司的一项重要业务，我们将继续为抵押贷款客户和合作伙伴提供他们对Flagstar的期望相同的优质服务。”
The sale is expected to close in the third quarter of 2024, subject to the completion of due diligence, negotiation of definitive documentation, and satisfaction of customary closing conditions.
此次出售预计将于2024年第三季度完成，前提是尽职调查的完成、最终文件的谈判以及惯例成交条件的满足。
As of March-end, New York Community had $112.9 billion of assets, $83.3 billion of loans, deposits of $74.9 billion, and total stockholders' equity of $8.4 billion.
截至3月底，纽约社区拥有1129亿美元的资产，833亿美元的贷款，749亿美元的存款，总股东权益为84亿美元。
Investors can gain exposure to the stock via SPDR S&P Regional Banking ETF (NYSE:KRE) and Royce Quant Small-Cap Quality Value ETF (NASDAQ:SQLV).
投资者可以通过SPDR标普地区银行ETF（纽约证券交易所代码：KRE）和罗伊斯量化小型股质量价值ETF（纳斯达克股票代码：SQLV）获得股票敞口。
Price Action: NYCB shares are up 5.91% at $4.12 premarket at the last check Wednesday.
价格走势：在周三的最后一次盘前检查中，纽约央行股价上涨5.91％，至4.12美元。
Photo via Wikimedia Commons
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译文内容由第三方软件翻译。