Flagstar stock rallies as bank shores up its credit quality and draws an upgrade
Flagstar Financial Inc.'s stock gained 7% on Friday after the bank picked up at least one analyst upgrade on efforts to strengthen its capital base, as the former New York Community Bank marked nine ...
Flagstar Financial, Inc. (NYSE:FLG) Q4 2024 Earnings Call Transcript
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 ...
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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 ...
Flagstar Financial targets $600M expense reduction with 23% cut by 2025
CFO Lee Smith stated, "We are planning to reduce operating expenses by $600 million, or 23%, by the end of 2025," focusing on compensation, vendor spending, and real estate optimization. Smith also ...
Flagstar Financial reports Q4 EPS (41c), consensus (55c)
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 ...