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New York Community Bancorp's 'Credit Story Remains Fluid': Analysts React To Q2 Results
Friday, July 26, 2024 - 12:26pm | 442Shares of New York Community Bancorp, Inc. (NYSE:NYCB) were climbing on Friday, after the company reported its second-quarter results. The company had agreed in May to sell around $5 billion in mortgage warehouse loans to JPMorgan Chase & Co (NYSE:JPM). The results came amid an exciting...
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New York Community Bancorp Takes 'Positive Step' But 'Path Ahead Remains Uncertain,' Analysts Warn
Friday, March 8, 2024 - 2:42pm | 880Regional banking company New York Community Bancorp (NYSE:NYCB) has been increasingly volatile after announcing a new $1 billion equity infusion from investors and changes to its management. Analysts size up the changes and what a recent company update means for the stock going forward. The New...
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New York Community Bancorp Got 'Much-Needed Lifeline,' But Deal 'Tremendously' Hurts Shareholders
Thursday, March 7, 2024 - 11:41am | 789Regional banking company New York Community Bancorp (NYSE:NYCB) announced an equity investment of over $1 billion from investors on Wednesday and a change to the company's management team. Analysts are sizing up what the changes mean for the short-term and future of the regional banking company....
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Affirm's Guidance Implies Slowdown In GMV Growth: 7 Analysts Examine Q2 Print
Friday, February 9, 2024 - 1:12pm | 952Shares of Affirm Holdings Inc (NASDAQ: AFRM) came under pressure in early trading on Friday, after rising sharply on the company’s upbeat results for the fiscal second quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Piper...
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Affirm Holdings Boosts Profits Despite Choppy Macro: 5 Of 6 Analysts Revise Forecasts Post-FQ1
Thursday, November 9, 2023 - 1:21pm | 587Shares of Affirm Holdings Inc (NASDAQ: AFRM) were rallying on Thursday, along with some other popular stocks. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist Securities On Affirm Holdings Analyst Andrew Jeffrey maintained a...
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First Citizens Set For Growth With Over $200B In Assets, Says Bullish Analyst
Thursday, October 5, 2023 - 12:19pm | 311Shares of First Citizens BancShares Inc (Delaware) (NASDAQ: FCNCA) were climbing on Thursday. The company has grown by 400% over the last 18 months, with the acquisitions of CIT Group and the failed Silicon Valley Bank, according to Wedbush. The First Citizens BancShares Analyst: David Chiaverini...
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SoFi Technologies Downgraded, Price Target Slashed By 50%: 'Expect Regulatory Scrutiny'
Monday, May 15, 2023 - 11:19am | 269SoFi Technologies Inc (NASDAQ: SOFI) tanked in the premarket on Monday. Earlier this month, the San Francisco-based company had reported upbeat first-quarter results. However, SoFi's capital levels appear to be “overstated using fair value accounting” and it may need to raise...
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EXCLUSIVE: Wedbush Downgraded SVB Prior To Collapse, Other Regional Banks Present Opportunities
Wednesday, May 10, 2023 - 1:03pm | 741Wedbush analyst David Chiaverini appeared Wednesday on Benzinga's "PreMarket Prep Plus" to share his thoughts on a handful of regional banks, including Western Alliance Bancorp (NYSE: WAL) and New York Community Bancorp Inc (NYSE: NYCB). Western Alliance "We refer to [...
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Upstart Shares Jump 40%, But Still 'Not Out Of The Woods' — 4 Analysts On Q1 Print
Wednesday, May 10, 2023 - 10:48am | 488Shares of Upstart Holdings Inc (NASDAQ: UPST) spiked 36.76% in early trading on Wednesday, after the company reported upbeat quarterly results and issued a strong guidance. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan...
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Affirm Holdings Faces Funding Pressures: 4 Analysts On Better-Than-Expected Earnings
Wednesday, May 10, 2023 - 10:21am | 532Shares of Affirm Holdings Inc (NASDAQ: AFRM) dipped during the premarket on Wednesday, despite the company reporting better-than-expected quarterly earnings. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Truist Securities analyst...
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First Republic Bank Stock Crashes, Analysts Give Key Insights Into Q1 Print
Tuesday, April 25, 2023 - 12:11pm | 423Shares of First Republic Bank (NYSE: FRC) Tuesday crashed after the company reported a decline in deposits and announced layoff plans. Here are some key analyst takeaways from First Republic Bank’s quarterly results. Raymond James analyst David Long maintained a Market Perform rating on the...
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What's Going On With New York Community Bancorp Stock Today?
Monday, March 20, 2023 - 9:45am | 513New York Community Bancorp Inc (NYSE: NYCB) shares are trading higher Monday after the Federal Deposit Insurance Corporation (FDIC) announced NYCB subsidiary Flagstar Bank entered into a purchase agreement for Signature Bridge Bank. Multiple analysts upgraded the stock in the wake of...
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Western Alliance Bancorp Shares Flying 40% Higher; Bank Issues Mid-Quarter Update After SVB Collapse
Tuesday, March 14, 2023 - 11:05am | 263Shares of Western Alliance Bancorporation (NYSE: WAL) took a beating on Monday, as did other banking stocks, after the Silicon Valley Bank failure. The bank’s mid-quarter update shows strong financials, according to Wedbush. The Western Alliance Bancorporation Analyst: David Chiaverini...
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This Silvergate Capital Analyst Expects Stock To Crash Further: Here's New Price Target
Monday, March 6, 2023 - 11:42am | 398Shares of Silvergate Capital Corp (NYSE: SI) were rising on Monday after crashing by 60% last week. The crypto bank’s announcement on Friday to discontinue its flagship product, the Silvergate Exchange Network (SEN), could be a sign of the operations being wound down, according to...
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Why This Analyst Believes SoFi Technologies Will Disrupt Legacy Consumer Finance
Wednesday, January 19, 2022 - 12:22pm | 256SoFi Technologies Inc (NASDAQ: SOFI) has been generating robust growth and appears poised to grow at a 28% compounded annual rate through 2026, according to Wedbush. The SoFi Technologies Analyst: David Chiaverini initiated coverage of SoFi Technologies with an Outperform rating and a price target...