Anonymous ID: 276819 Oct. 24, 2024, 7:09 a.m. No.21820680   🗄️.is đź”—kun

>>21820581

ED DOWD IS KNOWN AS A TRUSTED SOURCE, SURPRISED HE IS PUSHING FEAR PORN

Note: There will be no banking crisis unless trump wins, we will than go into a currency war, a long time coming, ensue you have some cash at hand to get through at least a month.

could spread outside the usa also but they want to destroy the usa and this will be their 2nd to last weapon apart from nuclear war.

All wars are bankster wars.

Finance is a gun, politics is knowing when to pull the trigger - Quote from the Godfather 3 movie.

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New York Community Bank Earnings Fall

New York Community Bancorp’s stock price dropped by approximately 40% after the bank reported a significant loss and reduced its dividend. The decline was attributed to a $260 million loss in the fourth quarter of 2023, compared to a $164 million profit in the same period the previous year. The bank’s quarterly common dividend was reduced to $0.05 per share.

 

Key Factors Contributing to the Decline

Earnings Miss: The bank’s reported loss exceeded expectations, leading to investor disappointment and a sell-off.

Provisions for Credit Losses and Expenses: A significant increase in provisions for credit losses and expenses affected the bank’s results.

Non-Interest Income and Deposit Balance Concerns: A decline in non-interest income and lower deposit balances added to the bank’s woes.

Recent Events

The bank acquired the assets and liabilities of collapsed Signature Bank in 2023, as part of the regional banking turmoil.

The FDIC announced that Signature Bank’s 40 branches would operate as Flagstar Bank, a wholly-owned subsidiary of New York Community Bancorp.

Impact on Share Price

The bank’s share price plummeted 40% after releasing its quarterly report, erasing gains from its Signature Bank acquisition. The decline highlights the challenges faced by New York Community Bancorp in the current market environment.

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New York Community Bancorp Shares Tumble After Earnings Miss, 71% Dividend Cut

The bank took over defunct Signature Bank's non crypto-related deposits last year.

By Aoyon Ashraf

AccessTimeIcon

Jan 31, 2024 at 3:30 p.m. GMT

Updated Mar 8, 2024 at 8:45 p.m. GMT

https://www.coindesk.com/business/2024/01/31/new-york-community-bancorp-shares-tumble-after-earnings-miss-71-dividend-cut/

New York Community Bancorp (NYCB), the bank whose unit took over defunct Signature Bank's non crypto-related deposits, fell as much as 42% on Wednesday after missing earnings estimates and slashing its dividend.

The bank reported a fourth-quarter loss of $0.36 per share, missing an analyst estimate of earnings of $0.27 per share, according to FactSet data. The company said in a statement that fourth-quarter net income and diluted EPS were hit by "merger-related items and a FDIC special assessment."

Last year, NYCB's Flagstar Bank unit assumed non crypto-related deposits held by Signature Bank, after state regulators shut down the crypto-friendly bank. Signature was among the banks that collapsed during the 2023 "banking crisis" that saw the voluntary liquidation of Silvergate Bank and closure of Silicon Valley Bank.

NYCB also lowered its quarterly dividends to $0.05, down about 71% from the previous quarter.

"We recognize the importance and impact of the dividend reduction on all of our stockholders and it was not made lightly," President and CEO Thomas Cangemi said in the statement. "We believe this is the prudent decision as it will allow us to accelerate the building of capital to support our balance sheet as a Category IV bank."

The bank's shares have slumped almost 40% this year, while SPDR S&P Regional Banking ETF (KRE) fell 2.2%

Anonymous ID: 276819 Oct. 24, 2024, 7:44 a.m. No.21820907   🗄️.is đź”—kun   >>1070 >>1126 >>1145 >>1200 >>1234 >>1266

NOTABLE AND TITLE AND SOURCES TO LINKS BELOW, SHARED

>>21820599, >>21820666, >>21820678, >>21820686 archbishop endorsement of trump and the full picture of the satanic jesuit takeover - source lifesitenews.com

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ARCHIVING - ARCHBISHOP FULL THROATED ENDORSEMENT OF TRUMP IN THE 2024 ELECTION TO THOSE OF FAITH AND ESPECIALLY CATHOLICS !!

Note: Vigano has been ahead of the battle working within the vatican and pointing out the corruption and set up of vatican 2 by pope frances, from the capture of the cardinals, to the endorsement of the vaccines and aligning with the globalists and the loans by the Rothschilds. He is constantly attacked from all sides and slandered but has not backed down. The top of the corruption is the Jesuit order.

Article screenshot, don't just read the summay, read the 3 screenshots of the letter.