NewYork Community Bancorp Surged 38% on Agreed to Acquire Much of What Was Once Signature Bank

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NewYork Community Bancorp Surged 38% on Agreed to Acquire Much of What Was Once Signature Bank

Tiger_Newspress
2023-03-20

Flagstar Bank, a subsidiary of New York Community Bancorp, agreed on Sunday to acquire much of what was once Signature Bank. Starting Monday, Signature Bank’s 40 branches will operate under Flagstar Bank. Signature Bank collapsed just over a week ago, days after Silicon Valley Bank faced the same fate. Shares of New York Community Bancorp also were upgraded to Outperform from Market Perform at Keefe Bruyette. Shares were rising 38%.

$(NYCB)$

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setia100
·2023-03-20
Fittest survives 😁
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Arghans
·2023-03-20
Killer
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WilliamWin
·2023-03-20
😀
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Norico
·2023-03-20
Good
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Zko
·2023-03-20
Ok
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nancy88
·2023-03-20
nice
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xiaojn
·2023-03-20
k
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LKWEE
·2023-03-20
Ok
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Ljoney
·2023-03-20
nice
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Jessline
·2023-03-20
Ok
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Kok
·2023-03-20
oo
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Jessline
·2023-03-20
Ok
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Cubic
·2023-03-20
Ok
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Jess321
·2023-03-20
Ok
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BullishKing
·2023-03-20
ok
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Sonsonkok
·2023-03-20
Ok
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Tigon
·2023-03-20
ok
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ohsay
·2023-03-20
ooo
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Missyuniversa
·2023-03-20
👍🏻
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Arghans
·2023-03-20
Oww
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Shares were rising 38%.<img src=\"https://community-static.tradeup.com/news/35fc935f7b43df0bba3300b272fd71c0\" tg-width=\"-1\" tg-height=\"-1\"> <a href=\"https://ttm.financial/S/NYCB\">$(NYCB)$</a></body></html>","text":"Flagstar Bank, a subsidiary of New York Community Bancorp, agreed on Sunday to acquire much of what was once Signature Bank. Starting Monday, Signature Bank’s 40 branches will operate under Flagstar Bank. Signature Bank collapsed just over a week ago, days after Silicon Valley Bank faced the same fate. Shares of New York Community Bancorp also were upgraded to Outperform from Market Perform at Keefe Bruyette. 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