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 ...

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 ...

"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 ...

"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 ...

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 ...

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 ...

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 ...

However, stability returned under the guidance of CEO Joseph Otting, who has focused on portfolio diversification to mitigate CRE risks. The company, previously known as New York Community Bancorp, ...