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, formerly New York Community Bank, reported a 500 percent increase in past due multifamily debts as it ...

The Long Island-based company, which is in the middle of a makeover, saw its stock price rise sharply after reporting a net ...

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 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 ...

Flagstar Financial (FLG), formerly known as New York Community Bancorp, shares climbed 12% in Thursday premarket trading ...

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 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 ...

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 reported a fourth-quarter loss of $160 million, according to an earnings release. However, CEO Joseph Otting said he expects the bank to post profits in the fourth quarter of 2025 ...