Shares of New York Community Bancorp, Inc. (NYSE:NYCB) ended Thursday session in green amid volatile trading. The shares closed up +0.03 points or 0.21% at $14.42 with 3.91 million shares getting traded. Post opening the session at $14.40, the shares hit an intraday low of $14.36 and an intraday high of $14.53 and the price vacillated in this range throughout the day. The company has a market cap of $7.05 billion and the numbers of outstanding shares have been calculated to be 487.07 million shares.
New York Community Bancorp, Inc. (NYCB) operates as a holding company for New York Community Bank and New York Commercial Bank that offer banking products and financial services in Metro New York, New Jersey, Ohio, Florida, and Arizona. The company offers various deposit products that include checking and savings accounts, individual retirement accounts, certificates of deposit, NOW and money market accounts, and non-interest-bearing accounts. Its loan portfolio comprises one-to-four family loans; multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; home equity lines of credit; and consumer loans.
Shares of Navient Corp (NASDAQ:NAVI) ended Thursday session in green amid volatile trading. The shares closed up +0.44 points or 3.31% at $13.72 with 3.87 million shares getting traded. Post opening the session at $13.37, the shares hit an intraday low of $13.31 and an intraday high of $13.79 and the price vacillated in this range throughout the day. The company has a market cap of $4.19 billion and the numbers of outstanding shares have been calculated to be 318.00 million shares.
On Sept. 21, 2016 Navient, the nation’s largest student loan servicer, has issued the following statement in support of the Stop Taxing Death and Disability Act (H.R. 5204):
We applaud bipartisan efforts in the House Ways and Means Committee to advance H.R. 5204. This legislation would eliminate the negative tax consequences faced by student loan borrowers or their loved ones when loans are forgiven due to death or disability. We also applaud bipartisan efforts to pass companion legislation in the Senate (S. 2800). Grieving family members and individuals with disabilities need relief not a tax bill.