NYCB stock drops on steeper-than-expected losses on office and multi-family loans

New York Community Bancorp’s stock fell 6% in premarket trading after the lender reported a second-quarter loss and larger-than-expected charge-offs mostly on office and multi-family property loans that it doesn’t expect to be paid back.

Previous post Viking Therapeutics stock jumps 20% after drugmaker moves weight loss injection to late-stage trial
Next post The hottest real-estate market this summer will be this Midwestern city, Realtor.com says