New York Community Bancorp, Inc. announced that the Board of Directors declared a quarterly cash dividend of $0.17 per share. The dividend will be payable on February 22, 2017 to shareholders of record as of February 7, 2017.

The company announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company's Total interest income was $415,348,000 against $424,501,000 a year ago. Net interest income was $315,520,000 against net interest loss of $318,423,000 a year ago. Income before income taxes was $173,776,000 against loss before income tax of $693,625,000 a year ago. Net income was $113,733,000 or $0.23 per basic and diluted share against net loss of $404,807,000 or $0.87 per basic and diluted share a year ago. Return on average assets - positive was 0.92% against Negative of 3.28% a year ago. Book value per share was $12.57 against $12.50 a year ago. Return on average stockholders' equity was $7.43 against negative $27.82 a year ago. On Non-GAAP basis Return on average stockholders' equity was 12.36 against negative of 47.83 a year ago. Return on average tangible assets – positive was 0.97% against negative was 3.44% a year ago. Tangible book value per share was $7.57 against $7.21 a year ago.

For the year, the company's the company's Total interest income was $1,674,869,000 against $1,691,584,000 a year ago. Net interest income was $1,287,382,000 against $408,075,000 a year ago. Income before income taxes was $777,128,000 against loss before income tax of $132,013,000 a year ago. Net income was $495,401,000 or $1.01 per basic and diluted share against net loss of $47,156,000 or $0.11 per basic and diluted share a year ago. Return on average assets - positive was 1% against Negative of 0.10% a year ago. Return on average stockholders' equity was $8.19 against negative $0.81 a year ago. Stockholders' equity to total assets was $12.52 against $1.79 a year ago. On Non-GAAP basis Return on average tangible stockholders' equity was 13.75 against negative of 1.30 a year ago. Return on average tangible assets – positive was 1.06% against negative was 0.09% a year ago. Tangible book value per share was $7.57 against $7.30 a year ago.