Flagstar Bank, N.A., (the "Bank") a subsidiary of Flagstar Financial, Inc. (NYSE: FLG) (the "Company") convened a group of influential nonprofit and community group leaders from key sectors—such as ...
The bank also aims to shutter 20 private-client retail locations as part of its efforts to cut $600 million in costs in 2025, ...
Flagstar Financial said on Thursday it expects to turn profitable in the fourth quarter of 2025, in a sign that the lender's ...
The Long Island-based company, which is in the middle of a makeover, saw its stock price rise sharply after reporting a net ...
Flagstar Financial, formerly New York Community Bank, reported a 500 percent increase in past due multifamily debts as it ...
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 ...
Flagstar's reported losses of 34 cents per share were better than analyst expectations. JPMorgan Chase forecast earnings per share to be negative 51 cents, while Wall Street held a consensus estimate ...
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 Financial (NYSE ... Flagstar into a top-tier regional bank with a solid balance sheet and strong earnings power," said Chairman, President and CEO Joseph M. Otting.