Shares of Banco Santander, S.A. (ADR) (NYSE:SAN) ended Tuesday session in red amid volatile trading. The shares closed down -0.01 points or -0.23% at $4.32 with 3.22 million shares getting traded. Post opening the session at $4.36, the shares hit an intraday low of $4.30 and an intraday high of $4.36 and the price vacillated in this range throughout the day. The company has a market cap of $63.01 billion and the numbers of outstanding shares have been calculated to be 14.39 billion shares.
Banco Santander, S.A. (ADR) (SAN) provides various retail and commercial banking products and services for individual and corporate clients. The company offers demand and time deposits, and current accounts; mortgages and auto finance, personal loans, and loans to buy durable goods; and debit and credit cards. It also provides cash management, trade finance, financing and custody, and bond and securitization origination services; originates and distributes corporate loans and structured financings; and offers corporate finance services for mergers and acquisitions, equities markets, and investment solutions through derivatives, as well as asset and capital structuring.
Shares of New York Community Bancorp, Inc. (NYSE:NYCB) ended Tuesday session in red amid volatile trading. The shares closed down -0.05 points or -0.35% at $14.33 with 3.03 million shares getting traded. Post opening the session at $14.42, the shares hit an intraday low of $14.30 and an intraday high of $14.48 and the price vacillated in this range throughout the day. The company has a market cap of $6.95 billion and the numbers of outstanding shares have been calculated to be 487.07 million shares.
New York Community Bancorp, Inc. (NYCB) on July 27, 2016 reported GAAP earnings of $126.5 million, or $0.26 per diluted share, for the three months ended June 30, 2016 and $256.4 million, or $0.52 per diluted share, for the six months ended at that date.
Commenting on the Company’s second quarter performance, President and Chief Executive Officer Joseph R. Ficalora stated, “While continuing our preparations for the transition to SIFI status, we also maintained our focus on our primary business: the origination of high-quality multi-family loans. Although portfolio growth was tempered by the strategic sale of $426.4 million through participations, the balance of multi-family loans grew at an annualized rate of 5.2% to $26.8 billion, driven by originations of $1.7 billion in the past three months alone. Excluding second-quarter sales, the balance would have risen at an annualized rate of 11.7%.