Flagstar Financial, Inc. (FLG)
| Market Cap | 5.06B |
| Revenue (ttm) | 1.62B |
| Net Income (ttm) | -1.13B |
| Shares Out | 414.93M |
| EPS (ttm) | -3.40 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.04 (0.33%) |
| Ex-Dividend Date | Mar 7, 2025 |
| Volume | 6,097,736 |
| Open | 13.02 |
| Previous Close | 12.87 |
| Day's Range | 12.12 - 13.20 |
| 52-Week Range | 5.10 - 14.43 |
| Beta | 1.10 |
| Analysts | Hold |
| Price Target | 12.50 (+2.46%) |
| Earnings Date | Jan 30, 2025 |
About FLG
Flagstar Financial, Inc. operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company’s deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit. Its loan products comprise multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and leases; w... [Read more]
Financial Performance
In 2024, Flagstar Financial's revenue was $1.62 billion, a decrease of -42.21% compared to the previous year's $2.80 billion. Losses were -$1.13 billion, 861.5% more than in 2023.
Financial numbers in USD Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for FLG stock is "Hold." The 12-month stock price forecast is $12.5, which is an increase of 2.46% from the latest price.
News
FLAGSTAR FINANCIAL, INC. TO PRESENT AT THE BOFA SECURITIES FINANCIAL SERVICES CONFERENCE
HICKSVILLE, N.Y. , Feb. 4, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") will be participating in the BofA Securities Financial Services Conference in Miami, Florida on Tue...
FLAGSTAR BANK HOSTS COMMUNITY REINVESTMENT ROUNDTABLE, BRINGS COMMUNITY LEADERS TOGETHER TO DRIVE TRANSFORMATION AND SUPPORT LMI COMMUNITIES
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 su...
FLAGSTAR FINANCIAL, INC. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS
HICKSVILLE, N.Y. , Jan. 31, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share ...
Flagstar stock rallies as bank shores up its credit quality and draws an upgrade
The stock has risen more than 26% in 2025 on signs of a turnaround from its “material weakness” warning last year.
Flagstar Financial: A Speculative Prospect That's Not For The Faint Of Heart
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, Inc. (FLG) Q4 2024 Earnings Call Transcript
Flagstar Financial, Inc. (NYSE:FLG) Q4 2024 Earnings Conference Call January 30, 2025 8:00 AM ET Company Participants Sal DiMartino - Director of IR Joseph Otting - Chairman, President and CEO Lee Sm...
FLAGSTAR FINANCIAL, INC. REPORTS FOURTH QUARTER 2024 GAAP NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.41 PER DILUTED SHARE AND NON-GAAP ADJUSTED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.34 PER DILUTED SHARE
CAPITAL POSITION CONTINUES TO STRENGTHEN AS CET1 RATIO INCREASES TO 11.9%, TOP QUARTILE OF PEER GROUP ONGOING IMPROVEMENT IN FUNDING MIX AS WHOLESALE BORROWINGS AND HIGH-COST DEPOSITS DECLINE CONTINUE...
Flagstar Financial, Formerly NYCB, Looks Like An Interesting Deep Value Play
NYCB, rebranded as Flagstar Financial (FLG), faces significant risks but offers a deep value play for long-term investors despite current negative profitability. FLG's loan portfolio is heavily concen...
FLAGSTAR FINANCIAL, INC. TO REPORT FOURTH QUARTER 2024 EARNINGS AND HOST CONFERENCE CALL ON JANUARY 30TH
HICKSVILLE, N.Y. , Jan. 21, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") today announced that it plans to issue results for the three and twelve months ended December 31, ...
Top 6 Businesses We Own: Q4 2024 Update
Builders FirstSource (BLDR) offers a prime buying opportunity due to housing market fears, with strong free-cash-flow and a structural housing shortage supporting long-term growth.
Flagstar Financial: A Unique Buy-The-Dip Opportunity
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, wi...
KBW Announces Index Rebalancing for Fourth-Quarter 2024
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel F...
FLAGSTAR FINANCIAL, INC. NAMES LEE SMITH AS CHIEF FINANCIAL OFFICER
HICKSVILLE, N.Y. , Dec. 13, 2024 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) ( the "Company"), today announced the appointment of Lee Smith as Senior Executive Vice President and Chief Financ...
FLAGSTAR FINANCIAL, INC. APPOINTS BRIAN CALLANAN TO BOARD OF DIRECTORS
HICKSVILLE, N.Y. , Dec. 13, 2024 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") today announced the appointment of Brian Callanan, Senior Managing Director and General Counsel at...
Flagstar (NYCB): Solvency Assured, Still Valued As If It's An Issue
Flagstar Financial's Q3 results disappointed due to increased loan loss provisions and lower net interest income/margin, but these concerns are overblown and already priced in. Noninterest income is e...
U.S. Bank Stocks Surge After Election To Highest Valuation Level In 2024
Investors bid up bank stocks following President-elect Donald Trump's victory in the 2024 presidential election. The median total return in November for the 211 banks in a S&P Global Market Intelligen...
FLAGSTAR BANK CLOSES ON THE SALE OF ITS MORTGAGE SERVICING AND THIRD-PARTY ORIGINATION BUSINESS TO MR. COOPER
HICKSVILLE, N.Y. , Nov. 1, 2024 /PRNewswire/ -- Flagstar Bank, N.A.
FLAGSTAR BANK COMMEMORATES NEW BRANCH OPENING IN BROOKYLN'S BEDFORD-STUYVESANT NEIGHBORHOOD WITH COMMUNITY EVENT AND $50,000 DONATION
- 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 /PRNe...
FLAGSTAR BANK APPOINTS SENIOR LEADERS TO ELEVATE TECHNOLOGY INNOVATION AND RISK OVERSIGHT
Christopher Higgins named Chief Information Officer, solidifies executive management buildout Rich Martin named Head of Credit Review, bolsters risk management oversight Each brings, respectively, ne...
NEW YORK COMMUNITY BANCORP, INC. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS
HICKSVILLE, N.Y. , Oct. 25, 2024 /PRNewswire/ -- New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 p...
New York Community Bancorp: A New Chapter Begins
New York Community Bancorp (soon Flagstar Financial) is in a transitional phase, marked by asset diversification, deposit growth, and cost reduction efforts. NYCB Q3 results showed a loss of $0.69 per...
New York Community Bancorp, Inc. (NYCB) Q3 2024 Earnings Call Transcript
New York Community Bancorp, Inc. (NYSE:NYCB) Q3 2024 Earnings Call Transcript October 25, 2024 8:00 AM ET Company Participants Sal DiMartino - Director of IR Joseph Otting - Chairman, President and C...
Flagstar, formerly NYCB, reports a wider-than-expected loss as charge-offs jump
The bank formerly known as NYCB reported another wider-than-expected quarterly loss and provided a downbeat outlook.
NYCB reports third-quarter loss on bigger rainy-day funds
New York Community Bancorp reported a loss for the third quarter on Friday as the regional lender set aside more reserves to cover potential loan losses.