“But, you know, you never know,” he added. Since CEO Joseph Otting stepped in after Flagstar’s brush with death last March, the former comptroller of the currency and his shifting C-Suite ...

However, CEO Joseph Otting said he expects the bank to post profits in the fourth quarter of 2025, marking a turning point on the company’s return to consistent profitability. As the bank trims ...

The $100.2 billion-asset Flagstar — which is in a multiyear rebuilding phase after a near-collapse early last year — is well on its way to recovery, Chairman and CEO Joseph Otting assured ...

"We are projecting to be profitable in the fourth quarter of this year," said CEO Joseph Otting, who will complete a year at the helm in April. "This will ultimately mark the company's turning ...

“We managed down our exposures through run-off of non-relationship CRE loans, par payoffs, and strategic loan sales,” Flagstar CEO Joseph Otting said in a statement. And despite the bank ...

"We are projecting to be profitable in the fourth quarter of this year," said CEO Joseph Otting, who will complete a year at the helm in April. "This will ultimately mark the company's turning point ...

Jared Shaw, Barclays: Inquired about the use of excess capital for loan sales. CEO Joseph Otting stated that the portfolio is well-marked, with a focus on deploying capital for loan growth.

Flagstar Chief Executive Joseph Otting said the Hicksville, N.Y.-based bank was on track to be profitable in the last three months of 2025. "I think this will ultimately mark the company's turning ...

The $100.2 billion-asset Flagstar — which is in a multiyear rebuilding phase after a near-collapse early last year — is well on its way to recovery, Chairman and CEO Joseph Otting assured analysts on ...

Reports Q4 net charge-offs .31%. Commenting on the company’s fourth quarter and full-year 2024 performance, chairman, president, and CEO, Joseph Otting stated, “2024 was a transitional year ...

Since, Flagstar’s C-suite, currently headed by former Comptroller of the Currency Joseph Otting, has been a revolving door. The bank shed the NYCB moniker late last year and rebranded as ...