Previous close | 3.5000 |
Open | 3.5000 |
Bid | 4.2000 |
Ask | 5.3000 |
Strike | 8.00 |
Expiry date | 2024-10-18 |
Day's range | 3.5000 - 3.5000 |
Contract range | N/A |
Volume | |
Open interest | 1 |
Bank of Hawaii (BOH) is seeking capital through depositary shares. The bank suffers from significant 'unrealized' bond losses amid rising interest rates.
In March 2023, its subsidiary, Flagstar Bank, had assumed substantially all of Signature Bank's deposits and some of its loan portfolios from the Federal Deposit Insurance Corporation (FDIC). The regional lender added the fair value estimate primarily includes $24.9 billion in cash and cash equivalents and $11.7 billion in loans and leases. It also assumed liabilities with an estimated fair value of $35.7 billion, primarily including $33.5 billion in customer deposits, NYCB said.
Key Insights Given the large stake in the stock by institutions, New York Community Bancorp's stock price might be...