Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, multibank holding company 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
| Headquarters (Founded) |
Westbury, N.Y. (1859) |
| Market Cap |
$5.52 billion |
| Industry |
Thrifts and mortgage finance |
| Trailing-12-Month Revenue |
$1.38 billion |
| Management |
President/CEO Joseph Ficalora (since 1994)
CFO Thomas Cangemi (since 2005)
|
| Return on Equity (Average, Past 3 Years) |
9.4% |
| Dividend Yield |
7.9% |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 94% of the 324 members who have rated New York Community believe the stock will outperform the S&P 500 going forward. These bulls include mortymoo and FoolishMikee.
Just last month, mortymoo wrote that New York Community has "an excellent business model which makes me believe they will initiate new ways to grow outside of real estate loans and their dividends remain outstanding." Our CAPS member concludes: "Overall I believe they are doing well given the times we are in and I strongly feel they could grow to $20 over the next 4 years."
New York Community even boasts a robust three-year average net margin of 40.7%. That's much higher than that of bigger banks like Bank of America (NYSE: BAC ) (1.2%), Wells Fargo (NYSE: WFC ) (15.6%), and Citigroup (NYSE: C ) (1.2%).
CAPS member FoolishMikee elaborates on the bull case:
New York Community Bancorp is another strong bank which has stood well against time, continuing to pay a dividend through the recession and rejecting TARP funds. The management has not lost focus on their business model of growth through acquisitions and focusing on multifamily lending which through different trends, sticking to the business model required conviction in it however this shows that it is a successful one. ...
What I like most about NYB is that it sticks to its black and white business model, provides a good stable dividend, and is conservative in its operations and loans.
What do you think about New York Community, or any other stock for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional stocks is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!
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