COMMON STOCK TO TRADE ON A REVERSE SPLIT-ADJUSTED BASIS AS OF JULY 12TH HICKSVILLE, N.Y., July 12, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE:NYCB) (the "Company") announced today that, as previously disclosed and approved by its shareholders at the Company's annual meeting held on June 5th and as determined by the Company's Board of Directors on June 26th, the one-for-three reverse stock split became effective at 5:01 p.m. ET on July 11, 2024 ("the Effective Time"). The Company's common stock will begin trading on the New York Stock Exchange ("NYSE") on a reverse split-adjusted basis as of the market open today, July 12, 2024. The trading symbol of the common stock, NYCB, remains the same. The new CUSIP number for the common stock is 649445400.  At the Effective Time, every three shares of the Company's common stock issued and outstanding or held by the Company in treasury were combined into one issued share of common stock. Additionally, the number of authorized shares of the Company's common stock was decreased from 2,000,000,000 to 666,666,666, without any change in the par value per share. No fractional shares will be issued in connection with the reverse stock split. Common shareholders who would otherwise be entitled to receive fractional shares as a result of the reverse stock split are entitled to a cash payment in lieu of the fractional shares. About New York Community Bancorp, Inc. New York Community Bancorp, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The Company is headquartered in Hicksville, New York. At March 31, 2024, the Company had $112.9 billion of assets, $83.3 billion of loans, deposits of $74.9 billion, and total stockholders' equity of $8.4 billion. Flagstar Bank, N.A. operates 419 branches, including strong footholds in the Northeast and Midwest and exposure to high-growth markets in the Southeast and West Coast. Flagstar Mortgage operates nationally through a wholesale network of approximately 3,000 third-party mortgage originators. In addition, the Bank has approximately 100 private banking teams located in over ten cities in the metropolitan New York City region and on the West Coast, which serve the needs of high-net worth individuals and their businesses. New ...