Key Details
Price
$11.55Last Dividend
$0.01Annual ROE
-13.16%Beta
1.09Events Calendar
Next earnings date:
May 01, 2025Recent quarterly earnings:
Jan 30, 2025Recent annual earnings:
Jan 30, 2025Next ex-dividend date:
N/ARecent ex-dividend date:
Dec 06, 2024Next split:
N/ARecent split:
July 12, 2024Analyst ratings
Recent major analysts updates
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A group of leading and influential nonprofit and community leaders attended Dialogue centered on reimagining future of community reinvestment strategies Intent to formalize goals and objectives for sustained meaningful impact HICKSVILLE, N.Y. , Jan. 31, 2025 /PRNewswire/ -- Flagstar Bank, N.A.
Flagstar Financial, formerly New York Community Bancorp, saw a 15.2% share price surge on January 30th due to improved financial performance and cost-cutting plans. Despite a significant annual loss, Flagstar Financial reported better-than-expected Q4 results, including higher revenue and reduced credit loss provisions. Management's focus on liquidity, debt reduction, and strategic asset adjustments positions Flagstar Financial for potential long-term growth and turnaround.
A fall in NII and loan and deposit balance hurts FLG's Q4 earnings. Yet, an increase in fee income and lower expenses offers some support.
Flagstar Financial (FLG) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of a loss of $0.50. This compares to loss of $0.81 per share a year ago.
SAN DIEGO, Jan. 10, 2025 (GLOBE NEWSWIRE) -- A class action lawsuit has been filed on behalf of all persons who acquired New York Community Bancorp, Inc. (“NYCB”) common stock in exchange for FlagstarBank N.A. (“Flagstar”) securities in connection with the December 2022 merger between the two companies, charging the combined company, Flagstar Financial, Inc., and certain of its current and former officers and directors with violations of the federal securities laws (collectively, “Defendants”).
Flagstar Financial, Inc. is revamping its balance sheet, targeting substantial earnings improvement by 2027, with a current market cap of $4 billion. The company has improved its liquidity profile, with $41.5 billion in capacity and a CET1 ratio of 11.4%, surpassing peers. Despite current losses due to balance sheet cleanup, Flagstar aims for significant growth in net interest income and a mid single-digit P/E by 2027.
HICKSVILLE, N.Y. , Nov. 1, 2024 /PRNewswire/ -- Flagstar Bank, N.A.
- Full-service branch offering banking services and financial education - Grants $50,000 CRA for Neighborhood Housing Services of Brooklyn Bedford-Stuyvesant CDC HICKSVILLE, N.Y. , Oct. 30, 2024 /PRNewswire/ -- Flagstar Bank, N.A.
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