Flagstar, formerly NYCB, reports a wider-than-expected loss as charge-offs jump
Shares of Flagstar Financial Inc., formerly known as New York Community Bancorp, took a dive Friday after the struggling bank ...
Reuters22d
Flagstar expects to turn profitable in 2025 as recovery push takes root
Jan 30 (Reuters) - Flagstar Financial ... fourth-quarter loss was 34 cents per share, also smaller than expectations of 54 cents. The bank's quarterly provision for credit losses dropped 80% ...
Hosted on MSN20d
Flagstar’s stock rallies as bank shores up its credit quality and draws an upgrade
With a drop in loan balances for the quarter, the bank is also expected to work to rebuild its loan business. Flagstar also disclosed a one-time loss of $80 million from loan servicing after they ...
MarketWatch21d
Flagstar Financial Shares Rise After Narrower-Than-Expected 4Q Loss
Flagstar Financial shares were up 17% to $11.24 after the company reported a fourth-quarter loss that was narrower than expected. The savings bank on Thursday said it had a quarterly loss of $160 ...
Seeking Alpha21d
Flagstar stock gains on narrower-than-expected Q4 loss; sees further improvement
Flagstar Financial ... posting a Q4 loss that narrowed more than expected, as the lender's exposure to the battered commercial real estate space continued to dwindle. The bank, which last year ...
Nasdaq20d
Flagstar Financial Q4 Loss Narrower Than Expected, Expenses Fall Y/Y
Flagstar Financial, Inc. FLG reported fourth-quarter 2024 loss per share of 34 cents, narrower than the Zacks Consensus Estimate of a loss of 50 cents. It had incurred a loss of 80 cents in the ...