Analyst Video: NYCB Just Dropped 45% in Two Days.

CFRA Senior Equity Analyst Zander Yokum looks at New York Community Bancorp (NYCB) and identifies factors that led to its 60% price drop in a single week. Yokum identifies which parts of NYCB’s price collapse were idiosyncratic and which were not. Specifically, he looks at other banks near NYCB’s size and compares them based on commercial real estate exposure, allowance for credit losses, and capital levels. The presentation ends with an analysis of CFRA’s top regional bank picks within large banks ($100B+ in assets) and smaller banks (less than $100B).