New York Community Bancorp Chairman Alessandro DiNello scooped up more than $200,000 worth of the company’s stock, which has fallen more than 59% so far this year. DiNello bought 50,000 shares at a price of about $4.19 a share, marking a total purchase worth about $209,000. Shares of New York Community Bancorp have sunk over the past two weeks after the regional bank reported a surprise loss and said it was shoring up its balance sheet after its acquisition of Signature Bank last year and losses on its commercial real estate book.
New York Community Bancorp Chairman Buys $200,000 in Stock After Tumble
Feb 9, 2024