NYCB Files S-1 Registration Statement

TL;DR

NYCB just filed an S-1, get ready for new shares.

AI Summary

New York Community Bancorp, Inc. filed an S-1 registration statement on June 21, 2024, to register an unspecified amount of securities. The filing provides details about the company's business, financial condition, and management, including its principal executive offices located at 102 Duffy Avenue, Hicksville, New York. Joseph M. Otting serves as President and Chief Executive Officer.

Why It Matters

This S-1 filing indicates that New York Community Bancorp is preparing to offer new securities, which could impact its capital structure and future growth strategies.

Risk Assessment

Risk Level: medium — S-1 filings are standard for companies planning to issue securities, but the specific details of the offering and the company's financial health will determine the ultimate risk.

Key Players & Entities

• NEW YORK COMMUNITY BANCORP, INC. (company) — Registrant
• Joseph M. Otting (person) — President and Chief Executive Officer
• 102 Duffy Avenue, Hicksville, New York 11801 (location) — Principal executive offices
• June 21, 2024 (date) — Filing date

FAQ

Key Financial Figures

• $0.01 — 0 shares of our common stock, par value $0.01 per share (Common Stock) by the selling
• $3 — ice of our Common Stock on the NYSE was $3.06, per share. The Warrants are not lis
• $382.2 billion — de, servicing 1.4 million accounts with $382.2 billion in unpaid principal balances as of Dece
• $1.05 billion — invested an aggregate of approximately $1.05 billion in the Company in exchange for the sale
• $2.00 — Stock at a purchase price per share of $2.00; (b) 192,062 shares of Series B Preferr

Filing Documents

• d723949ds1.htm (S-1) — 344KB
• d723949dex51.htm (EX-5.1) — 17KB
• d723949dex231.htm (EX-23.1) — 2KB
• d723949dex232.htm (EX-23.2) — 2KB
• d723949dexfilingfees.htm (EX-FILING FEES) — 29KB
• g723949g03g03.jpg (GRAPHIC) — 44KB
• 0001193125-24-165720.txt ( ) — 450KB

USE OF PROCEEDS

USE OF PROCEEDS 16

DESCRIPTION OF COMMON STOCK

DESCRIPTION OF COMMON STOCK 17 DESCRIPTION OF WARRANTS 19 CERTAIN UNITED STATES FEDERAL INCOME TAX CONSIDERATIONS TO NON-U.S. HOLDERS 21 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 25 SELLING SECURITYHOLDERS 26 PLAN OF DISTRIBUTION 31 LEGAL MATTERS 34 EXPERTS 34 i Table of Contents ABOUT THIS PROSPECTUS Unless the context otherwise requires, all references in this prospectus to New York Community Bank, NYCB, the Company, we, us and our mean New York Community Bancorp, Inc. and its consolidated subsidiaries. You should carefully read this prospectus and any prospectus supplement or free writing prospectus that we may authorize for use, together with the additional information described under the heading Where You Can Find More Information. This prospectus does not contain all of the information set forth in the registration statement we have filed with the SEC of which this prospectus forms a part, certain parts of which are omitted in accordance with the rules and regulations of the SEC. You may refer to the registration statement of which this prospectus forms a part and the exhibits to the registration statement for further information with respect to us, the Common Stock and the Warrants. Neither we, nor the Selling Securityholders, have authorized anyone to provide you with any information other than that contained in or incorporated by reference into this prospectus. Neither we nor the Selling Securityholders take responsibility for, and can provide no assurance as to the reliability of, any other information that others may give you. Neither we nor the Selling Securityholders are making offers to sell the Common Stock in any jurisdiction in which an offer or solicitation is not authorized or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make an offer or solicitation. You should assume that the information appearing in this prospectus an

Forward-looking statements are typically identified by such words as believe, expect, anticipate,

Forward-looking statements are typically identified by such words as believe, expect, anticipate, intend, outlook, estimate, forecast, project, should, and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time. Additionally, forward-looking statements speak only as of the date they are made; the Company does not assume any duty, and does not undertake, to update our forward-looking statements. Furthermore, because forward-looking statements are There are a number of factors, many of which are beyond our control, that could cause actual conditions, events, or results to differ significantly from those described in our forward-looking statements. These factors include, but are not limited to: general economic conditions, including higher inflation and its impacts, either nationally or in some or all of the areas in which we and our customers conduct our respective businesses; conditions in the securities markets and real estate markets or the banking industry; changes in real estate values, which could impact the quality of the assets securing the loans in our portfolio; changes in interest rates, which may affect our net income, prepayment penalty income, and other future cash flows, or the market value of our assets, including our investment securities; any uncertainty relating to the LIBOR transition process; changes in the quality or composition of our loan or securities portfolios; changes in our capital management policies, including those regarding business combinations, dividends, and share repurchases, among others; heightened regulatory focus on commercial real estate and on commercial real estate and multi-family real estate loan concentratio

View Full Filing

View this S-1 filing on SEC EDGAR