New York Community Bancorp’s Revenue Breakdown (2016-2023)

This statistic highlights New York Community Bancorp’s Revenue Breakdown, split between Interest Income and Non-interest Income; and is reported quarterly from 2016 onwards.

New York Community Bancorp’s Revenue Breakdown

NYCB is a banking holding company in New York City, United States. It operates in two distinct business segments: Community Banking, which provides retail banking products and services, and Commercial Banking, which specializes in commercial real estate lending and lending, as well as treasury management services, to individuals, corporations, and municipalities throughout the New York metropolitan region and beyond.

(All figures in millions, except percentages)

Interest Income earned by the company showed an incredible growth of 141% in Q1 2023 year-over-year.  Non-interest Income has also increased exponentially from $14mn in Q1 2022 to $2.1bn in Q1 2023. From this data, it can be inferred that the company has earned a significant amount of revenue from these two segments. 

Interest Income

NYCB’s interest income is comprised of interest on loans and leases, interest on investments, and interest on other assets. According to NYCB’s 2022 annual report, interest income totaled $3.8 trillion. Interest income on loans accounted for $3.5 trillion, while interest on investments and other assets accounted for the balance. 

Non-interest Income

Non-interest income is generated by a number of sources, including but not limited to fee income (i.e., retail deposit fees and loan charges); income from their insurance investment; net return on their Mortgage Servicing Regime (MSR) asset; gains on the sale of securities; and income from the sale of third party investment products and loan sub servicing. This is the leading contributor to New York Community Bancorp’s Revenue Breakdown.

About New York Community Bancorp Inc.

NYCB, a bank holding company based in Hicksville, NY, is a diversified financial services provider, offering various consumer and commercial banking products and services. Its Community Banking segment consists of approximately 395 branches located in the United States. The Mortgage Banking segment is responsible for the origination, sale, and servicing of residential mortgage loans and the development and distribution of mortgage bankers and brokers. NYCB is well-known for its prudent product selection and its emphasis on revenue-generating assets in an attempt to generate consistent cash flows, even during periods of weak credit cycles.

According to its December 31, 2022, annual report, NYCB had a total asset value of $123,8 billion, a loan portfolio of $83,3 billion, and a deposit portfolio of $84,8 billion. NYCB’s stock is traded under the symbol “NYCB”. The company has a strong presence in the multifamily and commercial property lending sectors and is one of the leading lenders in the New York City multifamily sector.

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