The company more than doubled results over comparable periods and exceeded estimates due to stronger economies of scale and ...

Welcome to Mr. Cooper Group fourth quarter 2024 earnings conference call. [Operator instructions] Please be advised that ...

Joseph Otting, who is leading Flagstar's turnaround, said potential buyers may be interested in acquiring the regional bank ...

The bank's stock rose 5.4% before the bell, rebounding from a near 69% drop last year due to liquidity concerns. Flagstar bolstered its financial position through a $1 billion capital injection and ...

Joseph Otting; Executive Chairman, President, and Chief Executive Officer; Flagstar Financial Inc Lee Smith; Senior Executive Vice President and Chief Financial Officer; Flagstar Financial Inc Mark ...

Flagstar Financial has reported a significant improvement in ... Despite setbacks, such as postponing its goal of returning to profitability, CEO Otting remains optimistic about the bank's 2025 ...

A high CRE concentration put Flagstar in a perilous situation last year. Multifamily loans were down 9% year over year, while CRE credits, which include office loans, were down 17%, the bank said.

Hicksville, New York-based Flagstar ... New York Community Bank, as it was then known, to plummet. The lender, a week later, reported a $2.4 billion impairment charge and a change at CEO.

Flagstar aims to grow its C&I loan portfolio ... in severance costs and $77 million in real estate impairments. The bank's CET1 capital ratio improved to 11.9% in Q4, up from 10.8% in Q3, driven ...

I do want to re-emphasize how we are executing on our strategic plan to transform Flagstar into a top performing, diversified, relationship-driven regional bank. During the last nine months ...

A quarter ago, it was expected that this bank holding ... revisions trend for Flagstar Financial: mixed. While the magnitude and direction of estimate revisions could change following the ...