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NYCB stock declines 40% after reporting poor earnings & cutting dividends

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BREAKING: New York Community Bank stock, $NYCB, the bank that acquired the collapsed Signature Bank, falls 40% after earnings. The bank announced that they will be cutting their dividend by 70% to meet regulatory requirements. They also reported a 4th quarter LOSS of $260

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2:49 PM · Jan 31, 2024
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