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DBRS: New York Community Bancorp unaffected
DBRS said that its ratings for New York Community Bancorp, Inc., including its BBB (high) issuer & senior debt rating, are unchanged following the release of 2Q12 results.
The trend is stable.
New York Community Bancorp reported net income of $131.2 million for 2Q12, up from $118.3 million for 1Q12 and $119.5 million for 2Q11, the agency said.
DBRS added that New York Community Bancorp's improved sequential earnings reflected strong mortgage banking activity and higher multifamily loan demand.
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