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DBRS confirms New York Community Bancorp ratings

DBRS has confirmed New York Community Bancorp Inc.'s ratings, including its BBB (high) long-term issuer rating.

The rating agency has also confirmed the ratings of the company's subsidiary, New York Community Bank.

The trend for all ratings is "stable."

The ratings confirmation and maintenance of the stable trend reflects the company's "sound and resilient earnings and proven low credit risk loan portfolio," according to DBRS.