07:49 AM EDT, 10/25/2024 (MT Newswires) -- New York Community Bank (NYCB) reported a Q3 adjusted loss Friday of $0.69 per diluted share, swinging from earnings of $1.09 a year earlier.

Analysts surveyed by Capital IQ expected a loss of $0.42.

Total revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $623 million, compared with $1.04 billion a year earlier.

Analysts surveyed by Capital IQ expected $615.8 million.

New York Community Bank changed its name to Flagstar Financial, effective today at 5 p.m., and its will begin trading under the new ticker "FLG" starting Monday.

Shares of New York Community Bank were down more than 4% in recent premarket activity.

Price: 10.97, Change: -0.53, Percent Change: -4.61