New York Community Bancorp, Inc. (NYSE:NYCB) Q3 2024 Earnings Call Transcript October 25, 2024 8:00 AM ET

Company Participants

Sal DiMartino - Director of IR
Joseph Otting - Chairman, President and CEO
Craig Gifford - CFO
Kris Gagnon - CCO

Conference Call Participants

Manan Gosalia - Morgan Stanley
Ebrahim Poonawala - Bank of America
Dave Rochester - Compass Point
Mark Fitzgibbon - Piper Sandler
Bernard Von Gizycki - Deutsche Bank
Jared Shaw - Barclays
Ben Gerlinger - Citi
Christopher Marinac - Janney Montgomery Scott
Chris McGratty - KBW
Matthew Breese - Stephens
Jon Arfstrom - RBC Capital Markets
Steve Moss - Raymond James

Operator

Hello, and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the New York Community Bancorp, Inc. Third Quarter 2024 Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] I would now like to turn the conference over to Sal DiMartino, Director of Investor Relations. Please go ahead.

Sal DiMartino

Thank you, Regina, and good morning, everyone. Thank you for joining the management team of New York Community Bancorp for today's call. Today's discussion of the company's third quarter results will be led by Chairman, President and CEO, Joseph Otting; along with the company's Chief Financial Officer, Craig Gifford; and our Chief Credit Officer, Kris Gagnon. Before the discussion begins, I would like to remind everyone that our quarterly earnings press release and investor presentation can be found on the Investor Relations section of our company website at ir.mynycb.com.

Additionally, certain comments made today by the management team of New York Community Bancorp 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.

Also, when discussing our results today, we will reference certain non-GAAP measures, which exclude certain items from reported results. Please refer to today's earnings release for reconciliations of these non-GAAP measures.

And now, I would like to turn the call over to Mr. Otting.

Joseph Otting

Thank you, Sal, and good morning, everyone, and welcome to our third quarter earnings call. We're actually pretty excited about the quarter and what we accomplished during the course of the quarter. And today, we're going to review the third quarter results, an update of our three-year forecast and provide an overview on our key strategic initiatives.