New York Community Bancorp (NYCB) shareholders rejected compensation packages for its executives in a nonbinding vote last week.

The $47.6 billion-asset company said in a regulatory filing Friday that about 53% of the shares that were voted in its proxy rejected the executive pay plans in a nonbinding vote. Shareholders representing about 90% of its outstanding common stock cast ballots at the Westbury, N.Y., company's annual meeting on Wednesday.

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