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US regional banks fall after New York Community Bancorp's surprise loss



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** Shares of U.S. regional banks fall after New York Community Bancorp NYCB.N swings to surprise loss and slashes its dividend

** KBW Regional Banking index .KRX down 4%, on course for biggest daily pct. decline since May if losses hold

** Citizens Financial CFG.N, Banc of California BANC.N, Comerica CMA.N, M&T Bank MTB.N, Bank OZK OZK.O, BankUnited BKU.N, Western Alliance Bancorp WAL.N, and Valley National Bancorp VLY.O fall between 2% and 8.1%

** The bank stocks are reacting to the poor outlook given by the NYCB which has sparked concerns among the rest of the group - Autonomous Research analyst David Smith




Reporting by Arasu Kannagi Basil in Bengaluru

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