Flagstar Financial has struggled post-merger, with heavy NYC real estate exposure, losses, and a slashed dividend, but trades at a steep discount to book value. I remain bullish on FLG's turnaround, driven by restructuring, cost cuts, and a shift toward commercial and industrial lending to diversify risk. Risks remain high: execution must be flawless, CRE exposure is a concern, and 2025 will be tough, but management projects profitability by Q4 2025.
FLG posts a wider-than-expected Q2 loss as revenue, NII, and deposits fall sharply year over year.
Flagstar Financial, Inc. (NYSE:FLG ) Q2 2025 Earnings Conference Call July 25, 2025 8:00 AM ET Company Participants Bao Nguyen - Corporate Participant Senior EVP, General Counsel & Chief of Staff - Corporate Participant Joseph M. Otting - President, CEO & Executive Chairman Lee Matthew Smith - Senior Executive VP & CFO Conference Call Participants Bernard Von Gizycki - Deutsche Bank AG, Research Division Casey Haire - Autonomous Research Christopher Edward McGratty - Keefe, Bruyette, & Woods, Inc., Research Division Christopher William Marinac - Janney Montgomery Scott LLC, Research Division David Charles Smith - Truist Securities, Inc., Research Division Ebrahim Huseini Poonawala - BofA Securities, Research Division Jared David Wesley Shaw - Barclays Bank PLC, Research Division Jon Glenn Arfstrom - RBC Capital Markets, Research Division Manan Gosalia - Morgan Stanley, Research Division Mark Thomas Fitzgibbon - Piper Sandler & Co., Research Division Matthew M.
Flagstar Financial (FLG) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to a loss of $1.05 per share a year ago.
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's Q1-2025 report showed net interest margin stabilization, but revenue missed expectations, and net interest income continues to decline. The bank's aggressive expansion into commercial and industrial loans is untested. Bullish projections for earnings and net interest margin appear overly optimistic, especially given potential NYC policy risks and CRE portfolio challenges.
FLG's first-quarter 2025 results are affected by a decline in NII. Lower loan and deposit balances act as headwinds.
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.
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