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Bank Investor
Welcome, guest, to BankInvestor.com, the premier
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• Latest Idea from Stock Ratings
NYCB
| Strong Buy |
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0.00%
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0 members
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| Buy |
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50.00%
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1 members
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| Hold |
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50.00%
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1 members
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| Sell |
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0.00%
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0 members
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| Strong Sell |
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0.00%
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0 members
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Average rating: 2.50
(Strong Buy) 1.00 - 5.00 (Strong Sell) |
Total: 2 members |
These ratings are posted by site users; this content is not intended to
be investment advice, nor does it represent the opinion of, counsel from, or recommendations by
Bankinvestor.com
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Latest comments:
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Jan. 24 2020,
08:08 AM ET |
by scuttlebut
(profile • other ratings) |
rating: Hold |
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Stepping to the sidelines.
Appears no one wants to pay up for this franchise.
Management has recently commented that loan growth opportunities are being challenged by intense competitive pressures plus growing uncertainty over collateral values under the new NYC rent control laws.
Stock has been hammered as the market was clearly disappointed by those comments.
The Board has be taking notice of the dimming view of the horizon, Many directors are recent additions, as the originals are dying off and their children are inheriting their millions of shares obtained in the IPO.
I can't .... read full description
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