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FLG's first-quarter 2025 results are affected by a decline in NII. Lower loan and deposit balances act as headwinds.
HICKSVILLE, N.Y. , April 25, 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 on the Company's common stock.
Flagstar Financial, Inc. (NYSE:FLG ) Q1 2025 Earnings Conference Call April 25, 2025 8:00 AM ET Company Participants Sal DiMartino - Director of IR Joseph Otting - Chairman, President and CEO Lee Smith - Senior EVP and CFO Conference Call Participants Mark Fitzgibbon - Piper Sandler Jared Shaw - Barclays Ben Gerlinger - Citi Manan Gosalia - Morgan Stanley Christopher Marinac - Janney Chris McGratty - KBW Ebrahim Poonawala - Bank of America Casey Haire - Autonomous Bernard Von Gizycki - Deutsche Bank Matthew Breese - Stephens Anthony Elian - JPMorgan Steve Moss - Raymond James Jon Arfstrom - RBC Nicholas Holowko - UBS Operator Hello and thank you for standing by. My name is Regina and I will be your conference operator today.
The headline numbers for Flagstar Financial (FLG) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Flagstar Financial (FLG) came out with a quarterly loss of $0.23 per share versus the Zacks Consensus Estimate of a loss of $0.26. This compares to loss of $0.75 per share a year ago.
C&I LOAN ORIGINATIONS INCREASED OVER 40% ON A LINKED-QUARTER BASIS ADJUSTED OPERATING EXPENSES DECLINE 22% YEAR-OVER-YEAR MAINTAINED STRONG CAPITAL AND LIQUIDITY POSITIONS NET INTEREST MARGIN STABILIZES CREDIT COSTS IMPROVE AS PROVISION FOR CREDIT LOSSES AND NET CHARGE-OFFS DECLINED ON A LINKED-QUARTER BASIS LOAN SALES AND CONTINUED MANAGEMENT EMPHASIS ON LOAN PAYOFFS DRIVE FURTHER DECLINE IN COMMERCIAL REAL ESTATE EXPOSURE First Quarter 2025 Summary Asset Quality Loans, Deposits, and Funding • Total ACL of $1,215 million or 1.82% of total loans HFI compared to 1.83% in previous quarter • Multi-family ACL coverage of 1.82% v. 1.87% in Q4'24 • Multi-family with rent-regulated units equal to or greater than 50% ACL at 2.82% v.
Flagstar Financial (FLG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Flagstar Financial: The Turnaround Is Working
HICKSVILLE, N.Y. , April 2, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") today announced that it plans to issue results for the three months ended March 31, 2025 at approximately 6:00 a.m.
Seasoned Executive with Extensive Experience at HSBC, Deutsche Bank, and Wells Fargo to Lead and Drive Growth inPrivate Banking and Wealth Management HICKSVILLE, N.Y. , March 17, 2025 /PRNewswire/ -- Flagstar Bank, N.A.