Flagstar to close roughly 60 retail branches this year
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 BANK HOSTS COMMUNITY REINVESTMENT ROUNDTABLE, BRINGS COMMUNITY LEADERS TOGETHER TO DRIVE TRANSFORMATION AND SUPPORT LMI COMMUNITIES
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 ...
Flagstar expects to turn profitable in 2025 as recovery push takes root
Flagstar Financial said on Thursday it expects to turn profitable in the fourth quarter of 2025, in a sign that the lender's ...
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Flagstar projects profitability by Q4 as turnaround continues
The Long Island-based company, which is in the middle of a makeover, saw its stock price rise sharply after reporting a net ...
Flagstar reports 500% pop in past due debts as rent-stabilized purge continues
Flagstar Financial, formerly New York Community Bank, reported a 500 percent increase in past due multifamily debts as it ...
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Flagstar Financial's Strategic Shift: A Path to Recovery
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 stock gains on narrower-than-expected Q4 loss; sees further improvement
Flagstar Financial (FLG), formerly known as New York Community Bancorp, shares climbed 12% in Thursday premarket trading ...
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Flagstar Purges $4.7B In CRE Loans As Losses Narrow
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 ...
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Flagstar Financial's Road to Recovery: A Year of Strategic Transformation
Flagstar Financial reported a smaller fourth-quarter loss as credit provisions declined, boosting its stock. Under CEO Joseph Otting, the bank has been diversifying its portfolio to reduce exposure to ...