New York Community Faces Margin Pressure
New York Community Bancorp was the loser among KBW Bank Index components on Wednesday, with shares sliding 5% to close at $13.92, after the company reported third-quarter earnings of $128.8 million, or 29 cents a share, declining from $131.2 million, or 30 cents a share, in the second quarter, but increasing from $119.8 million, or 27 cents a share, in the third quarter of 2011.
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