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 ...

Lee Smith; Senior Executive Vice President and Chief Financial Officer; Flagstar Financial Inc Mark Fitzgibbon; Analyst; Piper Sandler & Co. Jared Shaw; Analyst; Barclays Christopher Marinac; Analyst; ...

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 ...