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Clifton Bancorp (Clifton Bancorp) Mortgage Backed Securities (USD Mil) : 60.28 (As of Jun. 2017)


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What is Clifton Bancorp Mortgage Backed Securities (USD Mil)?

Mortgage Backed Securities (USD Mil) is a type of investment similar to a bond that is made up of mortgage loans bought from the banks that issued them. It is a type of asset-backed security secured by a mortgage or collection of mortgages.

Clifton Bancorp's Mortgage Backed Securities (USD Mil) for the quarter that ended in Jun. 2017 was 60.28 , which is lower than 265.37 for the pervious quarter ended in Dec. 2016.

The historical rank and industry rank for Clifton Bancorp's Mortgage Backed Securities (USD Mil) or its related term are showing as below:


Clifton Bancorp Mortgage Backed Securities (USD Mil) Historical Data

The historical data trend for Clifton Bancorp's Mortgage Backed Securities (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Clifton Bancorp Mortgage Backed Securities (USD Mil) Chart


Clifton BancorpQuarterly Data
Trend Jun16 Sep16 Dec16 Jun17
Mortgage Backed Securities (USD Mil)
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Average Interest Earning Assets (USD Mil)
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Residential Mortgage Loans (USD Mil)
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Clifton Bancorp  (NAS:CSBK) Mortgage Backed Securities (USD Mil) Explanation

Mortgage Backed Securities (USD Mil) is a type of asset-backed security secured by a mortgage or collection of mortgages. The mortgages are aggregated and sold to a group of individuals (a government agency or investment bank) that securitizes, or packages, the loans together into a security that investors can buy. Investors are essentially lending money to home buyers, while the bank becomes an intermediary between the home buyer and the investors.


Clifton Bancorp Mortgage Backed Securities (USD Mil) Related Terms

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Clifton Bancorp (Clifton Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Clifton Bancorp Inc is a savings and loan holding company. It operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area.
Executives
Michael Lesler officer: EVP & Chief Operating Officer 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07015
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Paul M Aguggia director, officer: Chairman, President & CEO 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Cynthia Sisco director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004