New York Community Bancorp (NYCB) in Westbury, N.Y., reported a dip in fourth-quarter profit as mortgage banking revenue fell, but it still but still beat analysts' expectations.

The $46.7 billion-asset company reported quarterly profit of $120.2 million on Friday, down 2% from the same period in 2012. Per-share earnings of 27 cents were 1 cent above the average estimate of analysts polled by Bloomberg.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.