Flagstar Financial, Inc. Stock Price, News & Analysis

Flagstar Financial (NYSE: FLG) announced preliminary results from its 2025 Annual Shareholders' Meeting, with all three proposals receiving strong majority approval and 87% shareholder participation. Shareholders approved the election of three directors, ratified KPMG as the independent auditor, and approved executive compensation in a non-binding vote. CEO Joseph M. Otting expressed satisfaction with the results, viewing them as validation of the company's turnaround strategy. Flagstar Financial, with $97.6 billion in assets, operates through Flagstar Bank with 400 locations across nine states, focusing on the New York/New Jersey region, Midwest, Florida, and West Coast markets. The bank reported $67.1 billion in loans, $73.9 billion in deposits, and $8.2 billion in stockholders' equity as of March 31, 2025.

Flagstar Financial (NYSE: FLG) has declared its quarterly cash dividends for both common and preferred stockholders. The company announced a $0.01 per share dividend on common stock, payable June 17, 2025, to stockholders of record as of June 7, 2025.

Additionally, preferred stock dividends were declared:

• Series A preferred stock: $15.94 per share ($0.3984 per depositary share)
• Series B preferred stock: $3.3333 per share
• Series D preferred stock: $3.3333 per share

As of March 31, 2025, Flagstar reported total assets of $97.6 billion, loans of $67.1 billion, deposits of $73.9 billion, and stockholders' equity of $8.2 billion. The bank operates approximately 400 locations across nine states, focusing on the New York/New Jersey metro area, upper Midwest, Florida, and West Coast.

Flagstar Financial (NYSE: FLG) reported Q1 2025 results with a net loss of $100 million, improving from Q4 2024's loss of $188 million. The loss per diluted share was $0.26, better than Q4 2024's $0.47 loss.

Key highlights include:

• C&I loan originations increased 42% quarter-over-quarter to $769 million
• CET1 capital ratio improved to 11.9%
• Total assets decreased 3% to $97.6 billion
• Net interest margin stabilized at 1.74%
• Credit costs improved with net charge-offs declining 48% to $115 million

The company continues its strategic transformation, reducing CRE exposure while building its C&I and Private Banking businesses. Management expects to return to profitability by Q4 2025. Operating expenses declined 22% year-over-year, and the company maintains strong liquidity of $30 billion.

Flagstar Financial (NYSE: FLG) has announced it will release its Q1 2025 financial results on April 25, 2025, at 6:00 a.m. ET. A conference call discussing the results will be held at 8:00 a.m. ET, featuring CEO Joseph M. Otting and CFO Lee Smith.

The company, headquartered in Hicksville, NY, reported key financial metrics as of December 31, 2024:

• Total assets: $100.2 billion
• Loans: $69.2 billion
• Deposits: $75.9 billion
• Total stockholders' equity: $8.2 billion

Flagstar Bank operates over 400 locations across 10 states, with strong presence in the Northeast and Midwest, and growing markets in the Southeast and West Coast. The bank also maintains 80 private banking teams across the NYC metro area and West Coast, serving high-net-worth individuals and businesses.

Flagstar Bank (NYSE: FLG) has appointed Mark Pittsey as Executive Vice President, Head of Private Banking and Wealth Management. Pittsey brings extensive experience from HSBC, Deutsche Bank, and Wells Fargo, where he most recently managed $80 billion in total private wealth assets and bank deposits as Head of Global Private Banking Americas at HSBC.

The appointment aligns with Flagstar's strategic vision to enhance its private banking and wealth management services. Pittsey will be jointly based in Northern California and New York City, reporting to Rich Raffetto, Senior Executive Vice President and President of Commercial & Private Banking.

As of December 31, 2024, Flagstar Financial reported total assets of $100.2 billion, loans of $69.2 billion, deposits of $75.9 billion, and stockholders' equity of $8.2 billion. The bank operates over 400 locations across 10 states and maintains approximately 80 private banking teams in the New York City region and West Coast.

Flagstar Financial, Inc. (NYSE: FLG) has announced its 2025 Annual Meeting of Shareholders will be held virtually on Wednesday, June 4th, 2025, at 10:00 a.m. Eastern Time. The record date for voting eligibility is set for April 7, 2025.

The company, headquartered in Hicksville, New York, reported significant financial metrics as of December 31, 2024: $100.2 billion in assets, $69.2 billion in loans, $75.9 billion in deposits, and $8.2 billion in total stockholders' equity. Flagstar Bank operates 418 branches, with strong presence in the Northeast and Midwest, and maintains approximately 80 private banking teams across the New York City region and West Coast.

Flagstar Financial (NYSE: FLG) has announced its participation in the BofA Securities Financial Services Conference in Miami, Florida on February 11, 2025. Chairman, President, and CEO Joseph Otting and CFO Lee Smith will present at 11:20 a.m. Eastern Time, discussing the company's 2024 performance.

The presentation will be available via live webcast on the company's website, with a replay and PowerPoint slides accessible until February 25, 2025. As of December 31, 2024, Flagstar Financial reported total assets of $100.2 billion, loans of $69.2 billion, deposits of $75.9 billion, and stockholders' equity of $8.2 billion.

Flagstar Bank operates 418 branches across the Northeast, Midwest, Southeast, and West Coast. The bank also maintains approximately 80 private banking teams across the metropolitan New York City region and West Coast, serving high-net worth individuals and their businesses.

Flagstar Bank (NYSE: FLG) hosted a strategic roundtable with nonprofit and community leaders to reimagine its Community Reinvestment Act (CRA) engagement approach. The meeting focused on strengthening support for low- and moderate-income (LMI) communities through improved access to credit, affordable housing, and economic development initiatives.

The bank plans to formalize a strategic advisory group to maintain ongoing dialogue and enhance community engagement effectiveness. As of December 31, 2024, Flagstar reported $100.2 billion in assets, $69.2 billion in loans, $75.9 billion in deposits, and $8.2 billion in stockholders' equity. The bank operates 418 branches across the Northeast, Midwest, Southeast, and West Coast, including 80 private banking teams serving high-net-worth individuals.

Flagstar Financial (NYSE: FLG) has announced its quarterly dividend declarations. The company will pay a cash dividend of $0.01 per share on its common stock, payable March 17, 2025, to stockholders of record as of March 7, 2025.

The Board also declared dividends on preferred stocks: $15.94 per share on Series A preferred stock ($0.3984 per depositary share), $3.3333 per share on Series B preferred stock, and $3.3333 per share on Series D Non-Voting Common Equivalent Stock, all payable March 17, 2025.

As of December 31, 2024, Flagstar reported total assets of $100.2 billion, loans of $69.2 billion, deposits of $75.9 billion, and stockholders' equity of $8.2 billion. The bank operates 418 branches across the Northeast, Midwest, Southeast, and West Coast, with 80 private banking teams serving high-net worth clients.