Flagstar Financial, Inc.

FLG

US6494454001

Banks

Market Closed - Nyse Other stock markets 04:00:02 2024-12-12 pm EST			5-day change	1st Jan Change
11.05 ^USD	-2.13%		-2.73%	-63.99%

Nov. 08	Tranche Update on Flagstar Financial, Inc.'s Equity Buyback Plan announced on October 24, 2018.	CI
Oct. 29	Deteriorating office loans stress US regional banks' CRE portfolios	RE

Flagstar Financial, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024

October 25, 2024 at 07:01 am EDT

Flagstar Financial, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported net interest income was USD 510 million compared to USD 882 million a year ago. Net loss was USD 280 million compared to net income of USD 207 million a year ago. Basic loss per share from continuing operations was USD 0.79 compared to basic earnings per share from continuing operations of USD 0.82 a year ago. Diluted loss per share from continuing operations was USD 0.79 compared to diluted earnings per share from continuing operations of USD 0.81 a year ago.
For the nine months, net interest income was USD 1,691 million compared to USD 2,337 million a year ago. Net loss was USD 930 million compared to net income of USD 2,626 million a year ago. Basic loss per share from continuing operations was USD 3.16 compared to basic earnings per share from continuing operations of USD 10.86 a year ago. Diluted loss per share from continuing operations was USD 3.16 compared to diluted earnings per share from continuing operations of USD 10.84 a year ago.

Latest news about Flagstar Financial, Inc.

Tranche Update on Flagstar Financial, Inc.'s Equity Buyback Plan announced on October 24, 2018.	Nov. 08	CI
Deteriorating office loans stress US regional banks' CRE portfolios	Oct. 29	RE
New York Community Bancorp, Inc. will Change its Ticker to FLG from NYCB	Oct. 28	CI
Flagstar Financial, Inc. and Flagstar Bank, National Association Announces Board Changes	Oct. 25	CI
Sector Update: Financial Stocks Rise Premarket Friday	Oct. 25	MT
New York Community Bancorp, Inc., Q3 2024 Earnings Call, Oct 25, 2024	Oct. 25
New York Community Bank Swings to Q3 Adjusted Loss, Revenue Declines; Shares Drop Pre-Bell	Oct. 25	MT
Earnings Flash (NYCB) NEW YORK COMMUNITY BANCORP Reports Q3 Revenue $623M	Oct. 25	MT
Earnings Flash (NYCB) NEW YORK COMMUNITY BANCORP Posts Q3 Loss $-0.69	Oct. 25	MT
Stock Futures Rise as Investors Digest Latest Earnings; Asia, Europe Mostly Up	Oct. 25	MT
NYCB reports third-quarter loss on bigger rainy-day funds	Oct. 25	RE
Flagstar Financial, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024	Oct. 25	CI
Futures gain as Treasury yields fall; Tesla slips	Oct. 25	RE
New York Community Bancorp, Inc. will Change its Name to Flagstar Financial, Inc	Oct. 25	CI
New York Community Bancorp's Flagstar Bank Lays Off 700 Employees Under Transformation Plan	Oct. 18	MT
New York Community Bancorp to Change Name to Flagstar Financial	Oct. 16	MT
New York Bancorp changes name to its subsidiary Flagstar Financial	Oct. 15	RE
Morgan Stanley Adjusts Price Target on New York Community Bancorp to $13 From $12, Maintains Equalweight Rating	Sep. 30	MT
New York Community Bancorp Shares Gain After Barclays Upgrade	Sep. 26	MT
Barclays Upgrades New York Community Bancorp to Overweight From Equalweight on Favorable Setup	Sep. 26	MT
US bank stocks rise as jumbo rate cut eases default risk, cost concerns	Sep. 19	RE
Sector Update: Financial Stocks Rise Late Afternoon	Sep. 17	MT
Sector Update: Financial Stocks Advance Tuesday Afternoon	Sep. 17	MT
Raymond James Upgrades New York Community Bancorp to Market Perform From Underperform	Sep. 17	MT
Raymond James Upgrades New York Community Bancorp to Market Perform From Underperform	Sep. 17	MT

Chart Flagstar Financial, Inc.

Duration

Period

FLG: Dynamic Chart

Company Profile

Flagstar Financial, Inc. is the parent company of Flagstar Bank, N.A. (the Bank), one of the regional banks in the country. Flagstar Bank, N.A. operates over 400 branches, including a significant presence in the Northeast and Midwest and locations in high growth markets in the Southeast and West Coast. In addition, the Bank has approximately 90 private banking teams located in over 10 cities in the metropolitan New York City region and on the West Coast, which serve the needs of high-net worth individuals and their businesses.

Employees

8,766

Sector

Banks

Calendar

2025-01-28 - Q4 2024 Earnings Release (Projected)

More about the company