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21 sats \ 2 replies \ @0xbitcoiner 6 Mar 2024 \ on: New York Community Bank is collapsing news

I'm curious about the size of New York Community Bank. Is it considered a small bank compared to others?

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42 sats \ 1 reply \ @GhostofTruth OP 6 Mar 2024

The balance sheet total of the New York Community Bancorp was approximately $116.3 billion at the end of 2023. In comparison, Goldman Sachs had a balance sheet total of around $1.9 trillion, while JP Morgan had a balance sheet total of about $3.7 trillion.

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31 sats \ 0 replies \ @0xbitcoiner 6 Mar 2024

I found this table from November 2023, and NYCB is ranked 35th. It's not one of the giants, but it's not small either.

https://m.stacker.news/19168 https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/50-largest-us-banks-by-total-assets-q3-2023-79625289

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