New York Community Bancorp, Inc. (NYSE:NYCB) Q2 2023 Earnings Conference Call July 27, 2023 8:30 AM ET

Company Participants

Sal DiMartino - Director of Investor Relations

Thomas Cangemi - President and Chief Executive Officer

John Pinto - Senior Executive Vice President and Chief Financial Officer

Reginald Davis - Senior Executive Vice President and President of Banking

Lee Smith - Senior Executive Vice President and President of Mortgage

Eric Howell - President of Commercial and Private Banking

Conference Call Participants

Broderick Preston - UBS

Steve Moss - Raymond James

Manan Gosalia - Morgan Stanley

Bernard von-Gizycki - Deutsche Bank

David Rochester - Compass Point Research

Matthew Breese - Stephens Inc.

Peter Winter - D.A. Davidson & Co.

Christopher McGratty - Keefe, Bruyette & Woods, Inc.

Steven Alexopoulos - JPMorgan Chase & Co.

Casey Haire - Jefferies LLC

Operator

Good morning, ladies and gentlemen, and welcome to the NYCB Second Quarter 2023 Earnings Conference Call. At this time, all lines are in a listen-only mode. Following the presentation, we will conduct a question-and-answer session. [Operator Instructions] This call is being recorded on Thursday, July 27, 2023.

I would now like to turn the conference over to Sal DiMartino. Please go ahead.

Sal DiMartino

Thank you, operator, and good morning, everyone, and thank you for joining the management team of New York Community Bancorp for today's conference call. Our discussion today as the Company's second quarter 2023 results will be led by President and Chief Executive Officer, Thomas Cangemi; who is joined by the company's Chief Financial Officer, John Pinto; along with Reggie Davis, President of Banking; Eric Howell, President of Commercial and Private Banking; and Lee Smith, President of Mortgage.

Before the discussion begins, I'd like to remind you that certain comments made today by the management team of New York Community may include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements we may make are subject to the safe harbor rules. Please review the forward-looking disclaimer and safe harbor language in today's press release and presentation for more information about risks and uncertainties, which may affect us.

With that out of the way, I would now like to turn it over to Mr. Cangemi.

Thomas Cangemi

Thank you, Sal. Good morning, everyone, and thank you for joining us today. I would like to begin by briefly summarizing the strong operating results we achieved during the second quarter. Early this morning, we reported record net income, earnings per share fueled in large part by the benefits from our two recent acquisitions of Flagstar Bank and the Signature.