Flagstar Financial said on Thursday it expects to turn profitable in the fourth quarter of 2025, in a sign that the lender's ...
The bank also aims to shutter 20 private-client retail locations as part of its efforts to cut $600 million in costs in 2025, ...
Lee Smith; Senior Executive Vice President and Chief Financial Officer; Flagstar Financial Inc Mark Fitzgibbon; Analyst; Piper Sandler & Co. Jared Shaw; Analyst; Barclays Christopher Marinac; Analyst; ...
Flagstar Financial is witnessing a recovery from its exposure to commercial real estate loans. Under CEO Joseph Otting's leadership, the bank improved liquidity with a capital injection and asset ...
Q4 2024 Earnings Call Transcript January 30, 2025 Operator: Hello and thank you for standing by. My name is Regina and I will be your conference operator today. At this time I would like to welcome ...
Flagstar Financial anticipates profitability by Q4 2025, as its efforts to reduce exposure to troubled commercial real estate loans show results. Under CEO Joseph Otting, the bank has undergone ...
Flagstar's reported losses of 34 cents per share were better than analyst expectations. JPMorgan Chase forecast earnings per ...
Flagstar Financial shares rose 17% after the company said losses narrowed for the quarter and outlined a path to profitability this year. The Hicksville, N.Y.-based bank posted a loss of $160 million ...
Reports Q4 revenue $625M, consensus $559.71M. Reports Q4 tangible book value per share $17.36. Reports Q4 CET1 capital ratio 11.9%. Reports Q4 ...
Flagstar Financial said on Thursday it expects annual losses to be slightly less severe, in a sign the lender's recovery from its big exposure to embattled commercial real estate loans has started ...
Flagstar Financial (FLG), formerly known as New York Community Bancorp, shares climbed 12% in Thursday premarket trading ...
Flagstar Financial, formerly New York Community Bank, reported a 500 percent increase in past due multifamily debts as it ...