New York Community Bancorp, Inc. to Change its NYSE Ticker Symbol from "NYB" to "NYCB", Effective No
New York Community Bancorp, Inc. to Change its NYSE Ticker Symbol from "NYB" to "NYCB", Effective November 13, 2012
The "C" Stands for "Community" - An Integral Part of the Company's Heritage, Its Focus, and Its Name
WESTBURY, N.Y.--(BUSINESS WIRE)-- New York Community Bancorp, Inc. (NYS: NYB) (the "Company") today announced that its common stock will commence trading on the New York Stock Exchange under the ticker symbol "NYCB" when the market opens on Tuesday morning, November 13, 2012.
Commenting on the symbol change, President and Chief Executive Officer Joseph R. Ficalora stated, "We are very pleased to be restoring the "C" to our ticker symbol, after nearly 10 years of trading on the NYSE under the symbol "NYB." While it may seem like a small thing, the "C" is, in fact, symbolic: It represents "Community" which is both our heritage and our focus—and, for those very reasons, an integral part of our name.
"We are proud of our name and proud of our more than 150 years of strength, stability, and service, which began with a single branch in Flushing, Queens in New York. While our franchise today extends to five states and 274 branches, we remain, in every way that counts, a community bank.
"Accordingly, we are very pleased that those who invest in our stock will, once again, know us by the same four letters as our valued customers and the scores of communities we faithfully serve," Mr. Ficalora said.
"NYCB" was the Company's trading symbol on the Nasdaq National Market from November 21, 2000 to December 19, 2002. The symbol was changed to "NYB" when the Company moved its common stock listing to the NYSE the following day.
To celebrate the return of "NYCB" as the Company's ticker symbol, members of its management team and its Board of Directors will ring the closing bell at the NYSE on November 13th.
The Company also announced that in connection with the change in its common stock trading symbol, the trading symbol for its Bifurcated Option Note Unit SecuritiESSM ("BONUSESUnits") also will change. Currently traded on the NYSE under the symbol "NYB PrU", the BONUSES Units will commence trading as "NYCB PrU" on the morning of November 13th.
About New York Community Bancorp, Inc.
With assets of $44.1 billion at September 30, 2012, New York Community Bancorp, Inc. is the 21st largest bank holding company in the nation and a leading producer of multi-family loans in New York City, with an emphasis on apartment buildings that feature below-market rents. The Company has two bank subsidiaries: New York Community Bank, a thrift, with 240 branches serving customers throughout Metro New York, New Jersey, Florida, Ohio, and Arizona; and New York Commercial Bank, with 34 branches serving customers in Manhattan, Queens, Brooklyn, Long Island, and Westchester County in New York.
Reflecting its growth through a series of acquisitions, the Community Bank currently operates through seven local divisions, each with a history of strength and service in its community: Queens County Savings Bank in Queens; Roslyn Savings Bank on Long Island; Richmond County Savings Bank on Staten Island; Roosevelt Savings Bank in Brooklyn; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. Similarly, the Commercial Bank operates 17 of its branches under the divisional name Atlantic Bank. Additional information about the Company and its bank subsidiaries is available at www.myNYCB.com and www.NewYorkCommercialBank.com.
New York Community Bancorp, Inc.
Ilene A. Angarola, 516-683-4420
Kelly Maude Leung, 516-683-4032
KEYWORDS: United States North America New York
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