NEW YORK ( TheStreet) -- New York Community Bancorp ( NYB) was the winner among the largest U.S. financial names on Tuesday, with shares rising 1.5% to close at $12.98. The broad indexes saw a second day of slight declines, as investors digested several positive economic reports, and the Federal Reserve Open Market Committee began a two-day meeting, with investors looking for some sign of further economic stimulus. The U.S. Commerce Department on reported that personal income rose 0.5% in June after increasing by an upwardly revised 0.3% the previous month. Personal spending was unchanged during June, after a downwardly revised 0.1% decline in May. Economists polled by Thomson Reuters had predicted that personal income would rise by 0.4% in June and that personal spending would increase by 0.1%. The Bureau of Labor Statistics reported that compensation costs for civilian workers increased by a seasonally adjusted 0.5% for the three-month period ended June 2012, matching economists' expectations. The KBW Bank Index ( I:BKX) declined slightly to close at 45.52, with 20 of the 24 index components showing declines for the session. New York Community Bancorp's shares have now returned 9% year-to-date, following a 30% decline during 2011. New York Community's shares trade for 1.8 times their reported June 30 tangible book value of $7.14, and for 12.5 times the consensus 2013 earnings estimate of $1.04, among analysts polled by Thomson Reuters. The consensus 2012 EPS estimate is $1.11. Based on a quarterly payout of 25 cents, the shares have a dividend yield of 7.70%. With one of the most generous payouts on common shares in the banking industry, some analysts have been questioning the company's ability to maintain its dividend for years, but New York Community Bancorp has managed to maintain the 25-cent quarterly dividend for 34 consecutive quarters. The company last Wednesday reported second-quarter earnings of $131.2 million, or 30 cents a share, increasing from $118.3 million, or 27 cents a share, during the first quarter, and $119.5 million, or 27 cents a share, during the second quarter of 2011. The sequential earnings improvement mainly reflected an increase in mortgage banking income to $58.3 million during the second quarter, from $35.2 million the previous quarter.