July 2 (Reuters) - New York Community Bancorp said on Tuesday its one-for-three reverse stock split will become effective after markets close on July 11.

The lender has been under pressure since January when it posted a surprise loss for the fourth quarter due to higher provisions tied to its exposure to commercial real estate.

In a regulatory filing earlier in June, NYCB said the split could make the stock price "more attractive to a broader group of institutional and retail investors."

NYCB shareholders ratified a management proposal for the reverse stock split at the lender's annual shareholders meeting last month.

Reverse stock splits typically boost prices by reducing the number of outstanding shares. The shares of the lender will begin trading on a split-adjusted basis from July 12.

Shares of the embattled lender were down nearly 69% since the end of January.

(Reporting by Pritam Biswas in Bengaluru; Editing by Shinjini Ganguli)