Equity Research on Hudson City Bancorp, Inc. and New York Community Bancorp, Inc. - Regaining Financial Ground
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HONG KONG, Jun 30 (MARKET WIRE) --
Today, www.WorldStreetFundamentals.com released its industry report
highlighting Hudson City Bancorp, Inc. (NASDAQ: HCBK) and New York
Community Bancorp, Inc. (NYSE: NYB). Full fundamental and technical
analysis is available at www.WorldStreetFundamentals.com/Reports.php.
The United States banking industry is still questionable even though we
have seen a sizeable recovery in recent quarters and several catalysts
are to blame: asset quality is in check, tight regulations and banks
tightening their belts, and worst of all the continued rise of
residential and commercial foreclosures and loan defaults. Better news is
that while low liquidity, loan demand and revenues continue to plague the
financial system, help from the government has kept the industry
relatively stable. Banks are aggressively playing "catch-up"
concentrating on problem credits in residential and commercial real
estate and the government has raised the bar providing substantial
capital and debt guarantees.
World Street Fundamentals has highlighted Hudson City Bancorp, because it
serves as the holding company of its subsidiary, Hudson City Savings Bank
(the Bank). The principal asset of Hudson City Bancorp is its investment
in the Bank. The Bank is a federally chartered stock savings bank. It is
a community- and consumer-oriented retail savings bank offering deposit
products, residential real estate mortgage loans and consumer loans. The
entire report on Hudson City Bancorp, Inc. (NASDAQ: HCBK) is available
here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.
World Street has highlighted New York Community Bancorp, Inc. as a bank
holding company and a producer of multi-family mortgage loans in New York
City, with an emphasis on apartment buildings that feature below-market
rents. It has two bank subsidiaries: New York Community Bank (the
Community Bank), a thrift with 242 branches serving customers throughout
Metro New York, New Jersey, Ohio, Florida, and Arizona, and New York
Commercial Bank (the Commercial Bank), with 34 branches serving customers
in Manhattan, Queens, Brooklyn, Long Island, and Westchester County in
New York. The entire report on New York Community Bancorp, Inc. (NYSE:
NYB) is available here:
www.WorldStreetFundamentals.com/ViewFullReport.138.php.
About World Street
World Street Fundamentals is an online portal for
professionals, investors and new-comers to the markets to find in depth
comprehensive research and research tools to help guide you through the
ever changing financial markets. Covering the top performers in the
hottest sectors and providing clarity to investors around the world.
Contact:
Adam Redford
editor@worldstreetfundamentals.com
www.WorldStreetFundamentals.com
Copyright 2011, Market Wire, All rights reserved.
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