Lee Matthew  Smith net worth and biography

Lee Smith Biography and Net Worth

Lee Smith serves as Senior Executive Vice President and President of Mortgage at New York Community Bancorp, Inc. In this role, he is responsible for the direction and oversight of all aspects of mortgage, including mortgage sales and originations, secondary and capital markets, mortgage fulfillment operations, and mortgage servicing, as well as the strategic growth of the mortgage and servicing businesses.

He joined Flagstar in 2013 as Executive Vice President and Chief Operating Officer and held that position until his appointment as head of Mortgage in 2020. As COO, he played an integral role in the turnaround of Flagstar in addition to his responsibilities for several key business units—including mortgage servicing—as well as strategy, balance sheet and cost optimization, and mergers and acquisitions.

Prior to joining Flagstar, he was a partner with MatlinPatterson Global Advisers LLC, a private equity fund based in New York, where he managed a number of portfolio companies across a multitude of industries and sat on various boards.

Earlier in his career, he was a senior director at Zolfo Cooper LLC, an advisory and interim management firm. Additionally, he served as a vice president in Ernst & Young’s national restructuring group in both New York and the United Kingdom.

He serves on the board of trustees of Cranbrook Schools and sits on both the finance and audit committees of the board of governors and is vice chairman of the Cranbrook Institute of Science. He is also chairman of Local Initiatives Support Corporation, which is dedicated to revitalizing distressed neighborhoods and communities in Detroit and is part of the national LISC network. He is a member of the Institute of Chartered Accountants in England and Wales.

What is Lee Matthew Smith's net worth?

The estimated net worth of Lee Matthew Smith is at least $5.23 million as of February 9th, 2024. Mr. Smith owns 480,227 shares of New York Community Bancorp stock worth more than $5,234,474 as of October 6th. This net worth evaluation does not reflect any other investments that Mr. Smith may own. Additionally, Mr. Smith receives an annual salary of $809,780.00 as EVP at New York Community Bancorp. Learn More about Lee Matthew Smith's net worth.

How old is Lee Matthew Smith?

Mr. Smith is currently 49 years old. There are 3 older executives and no younger executives at New York Community Bancorp. The oldest executive at New York Community Bancorp is Mr. Joseph M. Otting, President, CEO & Director, who is 66 years old. Learn More on Lee Matthew Smith's age.

What is Lee Matthew Smith's salary?

As the EVP of New York Community Bancorp, Inc., Mr. Smith earns $809,780.00 per year. The highest earning executive at New York Community Bancorp is Mr. John T. Adams, Senior Executive VP & President of Commercial Real Estate Finance, who commands a salary of $1,100,000.00 per year. Learn More on Lee Matthew Smith's salary.

How do I contact Lee Matthew Smith?

The corporate mailing address for Mr. Smith and other New York Community Bancorp executives is 615 MERRICK AVENUE, WESTBURY NY, 11590. New York Community Bancorp can also be reached via phone at (516) 683-4100 and via email at [email protected]. Learn More on Lee Matthew Smith's contact information.

Has Lee Matthew Smith been buying or selling shares of New York Community Bancorp?

Lee Matthew Smith has not been actively trading shares of New York Community Bancorp during the last quarter. Most recently, on Friday, February 9th, Lee Matthew Smith bought 8,333 shares of New York Community Bancorp stock. The stock was acquired at an average cost of $12.15 per share, with a total value of $101,245.95. Following the completion of the transaction, the executive vice president now directly owns 480,227 shares of the company's stock, valued at $5,834,758.05. Learn More on Lee Matthew Smith's trading history.

Who are New York Community Bancorp's active insiders?

New York Community Bancorp's insider roster includes Reginald Davis (EVP), Alessandro Dinello (Chairman), Marshall Lux (Director), Ronald Rosenfeld (Director), Lawrence Savarese (Director), Peter Schoels (Director), and Lee Smith (EVP). Learn More on New York Community Bancorp's active insiders.

Are insiders buying or selling shares of New York Community Bancorp?

During the last twelve months, New York Community Bancorp insiders bought shares 5 times. They purchased a total of 71,135 shares worth more than $875,605.83. During the last twelve months, insiders at the financial services provider sold shares 1 times. They sold a total of 3,666 shares worth more than $108,220.32. The most recent insider tranaction occured on March, 21st when Director Marshall Lux bought 9,033 shares worth more than $99,995.31. Insiders at New York Community Bancorp own 6.4% of the company. Learn More about insider trades at New York Community Bancorp.

Information on this page was last updated on 3/21/2024.

Lee Matthew Smith Insider Trading History at New York Community Bancorp

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/9/2024Buy8,333$12.15$101,245.95480,227View SEC Filing Icon  
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Lee Matthew Smith Buying and Selling Activity at New York Community Bancorp

This chart shows Lee Matthew Smith's buying and selling at New York Community Bancorp by year and by quarter.

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New York Community Bancorp Company Overview

New York Community Bancorp logo
New York Community Bancorp, Inc. operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company's deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit. Its loan products comprise multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and leases; warehouse loans; and other loans, such as home equity lines of credit, boat and recreational vehicle indirect lending, point of sale consumer loans, and other consumer loans, including overdraft loans. The company offers cash management products; non-deposit investment and insurance products; and online banking, mobile banking, and bank-by-phone services. It primarily serves individuals, small and mid-size businesses, and professional associations. The company was formerly known as Queens County Bancorp, Inc. and changed its name to New York Community Bancorp, Inc. in November 2000. New York Community Bancorp, Inc. was founded in 1859 and is headquartered in Hicksville, New York.
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Today's Range

Now: $10.90
Low: $10.75
High: $11.10

50 Day Range

MA: $11.07
Low: $9.36
High: $31.44

2 Week Range

Now: $10.90
Low: $5.10
High: $34.47

Volume

5,366,175 shs

Average Volume

8,544,410 shs

Market Capitalization

$2.98 billion

P/E Ratio

363.33

Dividend Yield

0.37%

Beta

1