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

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's reported losses of 34 cents per share were better than analyst expectations. JPMorgan Chase forecast earnings per ...

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

Q4 2024 Management View CEO Joseph Otting highlighted that Q4 results exceeded both internal projections and analysts' ...

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, formerly New York Community Bank, sold $142 million in rent-stabilized loans to Cantor Fitzgerald.

Flagstar Financial is projecting profitability by Q4 2025, despite market fluctuations. CEO Joseph Otting emphasizes strategic planning, while CFO Lee Smith explores loan sales and portfolio growth.

Flagstar Financial shares rose 17% after the company said losses narrowed for the quarter and outlined a path to profitability this year. The Hicksville, N.Y.-based bank posted a loss of $160 million ...

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