Based on the aggregated intelligence of 145,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, regional bank New York Community Bancorp (NYSE: NYB ) has earned a respected four-star ranking.
With that in mind, let's take a closer look at New York Community's business and see what CAPS investors are saying about the stock right now.
New York Community facts
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Headquarters (Founded)
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Westbury, N.Y. (1859)
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Market Cap
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$4.65 billion
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Industry
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Savings and loans
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Trailing-12-Month Revenue
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$840.2 million
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Management
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Chairman/CEO Joseph Ficalora (since 1994)
CFO Thomas Cangemi (since 2005)
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Return on Equity (Average, Past 3 Years)
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5.3%
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Compound Annual Revenue and Net Income Growth (Over Past 3 Years)
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9.4% and 16.9%
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Dividend Yield
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7.7%
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Competitors
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JPMorgan Chase (NYSE: JPM )
Astoria Financial (NYSE: AF )
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CAPS Members Bullish on NYB Also Bullish on
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General Electric (NYSE: GE )
Altria (NYSE: MO )
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CAPS Members Bearish on NYB Also Bearish on
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Bank of America (NYSE: BAC )
Wells Fargo (NYSE: WFC )
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Sources: Capital IQ (a division of Standard & Poor's) and Motley Fool CAPS.
On CAPS, 91% of the 201 members who have rated New York Community believe the stock will outperform the S&P 500 going forward. These bulls include mpg500 and All-Star mrindependent, who is ranked in the top 1% of our community.
Just four days ago, mpg500 tapped New York Community as a bankable opportunity:
It's a very well managed company, plain and simple. They stick to the core business where they have a lot of expertise. They understand their customers and don't stray into uncharted territory. They have a successful business model, and they stay with it. I think they'll continue to be a top dividend payer for a long time.
In a pitch from this past Tuesday, mrindependent applauded the bank's most recent purchase:
The acquisition of Amtrust was the shrewdest of a long series of acquisitions. Amtrust has a powerful position with depositors in three important states: Ohio, Florida and Arizona. And Amtrust Bank enjoys high loyalty from its depositors. Amtrust's failure was due to a combination of poor credit controls and the fact that real estate values eroded precipitously in Florida and Arizona. ... The bottom line is that New York Community Bank is effortlessly (and risklessly) growing its deposit base. ... The fact that this company posted profits throughout the financial crisis shows that management is extremely capable.
What do you think about New York Community, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. The CAPS community is waiting to hear your opinions. CAPS is 100% free, so get started!
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