Date | Price Target | Rating | Analyst |
---|---|---|---|
1/31/2025 | $12.00 → $14.50 | Neutral → Buy | DA Davidson |
12/17/2024 | Neutral | UBS |
8-K/A - FLAGSTAR FINANCIAL, INC. (0000910073) (Filer)
NT 10-K - FLAGSTAR FINANCIAL, INC. (0000910073) (Filer)
8-K - FLAGSTAR FINANCIAL, INC. (0000910073) (Filer)
8-K - FLAGSTAR FINANCIAL, INC. (0000910073) (Filer)
SCHEDULE 13G - FLAGSTAR FINANCIAL, INC. (0000910073) (Subject)
8-K - FLAGSTAR FINANCIAL, INC. (0000910073) (Filer)
8-K - FLAGSTAR FINANCIAL, INC. (0000910073) (Filer)
424B3 - FLAGSTAR FINANCIAL, INC. (0000910073) (Filer)
EFFECT - FLAGSTAR FINANCIAL, INC. (0000910073) (Filer)
424B3 - FLAGSTAR FINANCIAL, INC. (0000910073) (Filer)
SC 13G/A - FLAGSTAR FINANCIAL, INC. (0000910073) (Subject)
SC 13G - FLAGSTAR FINANCIAL, INC. (0000910073) (Subject)
SC 13G/A - FLAGSTAR FINANCIAL, INC. (0000910073) (Subject)
DA Davidson upgraded Flagstar Financial from Neutral to Buy and set a new price target of $14.50 from $12.00 previously
UBS resumed coverage of Flagstar Financial with a rating of Neutral
4 - FLAGSTAR FINANCIAL, INC. (0000910073) (Issuer)
4 - FLAGSTAR FINANCIAL, INC. (0000910073) (Issuer)
4 - FLAGSTAR FINANCIAL, INC. (0000910073) (Issuer)
4 - FLAGSTAR FINANCIAL, INC. (0000910073) (Issuer)
4 - FLAGSTAR FINANCIAL, INC. (0000910073) (Issuer)
4 - FLAGSTAR FINANCIAL, INC. (0000910073) (Issuer)
4 - FLAGSTAR FINANCIAL, INC. (0000910073) (Issuer)
5 - FLAGSTAR FINANCIAL, INC. (0000910073) (Issuer)
4 - FLAGSTAR FINANCIAL, INC. (0000910073) (Issuer)
4 - FLAGSTAR FINANCIAL, INC. (0000910073) (Issuer)
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., (the "Bank") a subsidiary of Flagstar Financial, Inc. (NYSE:FLG) (the "Company"), is pleased to announce the appointment of Mark Pittsey as Executive Vice President, Head of Private Banking and Wealth Management. With extensive expertise in global private banking, wealth management, and financial distribution, Mark has a proven track record in leading teams, creating and driving strategic initiatives, and achieving significant business growth. His background spans managing a
HICKSVILLE, N.Y., Feb. 24, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE:FLG) (the "Company") today announced that Wednesday, June 4th, has been established as the date of its 2025 Annual Meeting of Shareholders. The meeting will be held in a virtual format only, via live webcast, beginning at 10:00 a.m. Eastern Time. The date of record for voting at the Annual Meeting will be April 7, 2025. Shareholders of the Company as of the record date will be entitled to receive notice of, and vote at, the Annual Meeting. Further details regarding the Annual Meeting, including how
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 Tuesday, February 11, 2025. Chairman, President, and Chief Executive Officer Joseph Otting and Senior Executive Vice President and Chief Financial Officer Lee Smith are scheduled to present at 11:20 a.m. Eastern Time. They will discuss the Company's 2024 performance. A simultaneous webcast of the presentation will be available at the Company's website, ir.flagstar.com. A replay of th
A group of leading and influential nonprofit and community leaders attendedDialogue centered on reimagining future of community reinvestment strategiesIntent to formalize goals and objectives for sustained meaningful impactHICKSVILLE, N.Y., Jan. 31, 2025 /PRNewswire/ -- Flagstar Bank, N.A., (the "Bank") a subsidiary of Flagstar Financial, Inc. (NYSE:FLG) (the "Company") convened a group of influential nonprofit and community group leaders from key sectors—such as affordable housing, small business, economic development, and support for veterans, Indigenous communities, and People of Color—to meet with the Bank's executive leadership for a roundtable discussion aimed at reimagining expectatio
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 on the Company's common stock. The dividend is payable on March 17, 2025 to common stockholders of record as of March 7, 2025. In addition, the Board of Directors declared quarterly cash dividends on two series of its preferred stock. A quarterly cash dividend on its Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock, Series A (NYSE:FLG) at the rate of $15.94 per prefer
CAPITAL POSITION CONTINUES TO STRENGTHEN AS CET1 RATIO INCREASES TO 11.9%, TOP QUARTILE OF PEER GROUPONGOING IMPROVEMENT IN FUNDING MIX AS WHOLESALE BORROWINGS AND HIGH-COST DEPOSITS DECLINECONTINUED DEPOSIT GROWTH IN RETAIL CHANNEL AND IN THE PRIVATE BANK, BOTH UP 3% SEQUENTIALLYPROVISION FOR CREDIT LOSSES DECLINED 55%COMMERCIAL REAL ESTATE EXPOSURE CONTINUES TO DECLINE DUE TO STRONG PAYOFF ACTIVITY AND LOAN SALES Fourth Quarter 2024 Summary Asset Quality Loans, Deposits, and Funding Asset quality trends stabilizing: NCOs declined 8% versus previous quarter Non-accrual loans relatively flat compared to prior quarter Nearly 60% of non-accrual loans are current Total ACL of $1.2 billion or
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, 2024 at approximately 6:00 a.m. Eastern Time (ET) on Thursday, January 30, 2025. The earnings release and presentation will be posted to the Investor Relations portion of the Company's website, ir.flagstar.com shortly after issuance. The Company will conduct a conference call at 8:00 a.m. (ET) on the same date, during which Chairman, President, and Chief Executive Officer, Joseph M.
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 Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
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 Liberty Strategic Capital ("Liberty"), to its Board of Directors, effective December 16, 2024. Commenting on the appointment, Joseph M. Otting, Chairman, President, and CEO said, "I'm pleased to have Brian join our Board. His proven track record and expertise in financial services, along with his strategic insights will be instrumental as we continue to execute on our transformatio
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 Financial Officer (CFO), effective December 27, 2024. The appointment follows the decision of current CFO Craig Gifford to step down to reengage in personal endeavors outside of the banking industry. Gifford will remain with the Bank through March 31, 2025, and work closely with Smith during the transition period, ensuring a seamless hand-over and continued support for the Bank's ongoing initiatives.
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., (the "Bank") a subsidiary of Flagstar Financial, Inc. (NYSE:FLG) (the "Company"), is pleased to announce the appointment of Mark Pittsey as Executive Vice President, Head of Private Banking and Wealth Management. With extensive expertise in global private banking, wealth management, and financial distribution, Mark has a proven track record in leading teams, creating and driving strategic initiatives, and achieving significant business growth. His background spans managing a
HICKSVILLE, N.Y., Feb. 24, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE:FLG) (the "Company") today announced that Wednesday, June 4th, has been established as the date of its 2025 Annual Meeting of Shareholders. The meeting will be held in a virtual format only, via live webcast, beginning at 10:00 a.m. Eastern Time. The date of record for voting at the Annual Meeting will be April 7, 2025. Shareholders of the Company as of the record date will be entitled to receive notice of, and vote at, the Annual Meeting. Further details regarding the Annual Meeting, including how
A group of leading and influential nonprofit and community leaders attendedDialogue centered on reimagining future of community reinvestment strategiesIntent to formalize goals and objectives for sustained meaningful impactHICKSVILLE, N.Y., Jan. 31, 2025 /PRNewswire/ -- Flagstar Bank, N.A., (the "Bank") a subsidiary of Flagstar Financial, Inc. (NYSE:FLG) (the "Company") convened a group of influential nonprofit and community group leaders from key sectors—such as affordable housing, small business, economic development, and support for veterans, Indigenous communities, and People of Color—to meet with the Bank's executive leadership for a roundtable discussion aimed at reimagining expectatio
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 on the Company's common stock. The dividend is payable on March 17, 2025 to common stockholders of record as of March 7, 2025. In addition, the Board of Directors declared quarterly cash dividends on two series of its preferred stock. A quarterly cash dividend on its Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock, Series A (NYSE:FLG) at the rate of $15.94 per prefer
CAPITAL POSITION CONTINUES TO STRENGTHEN AS CET1 RATIO INCREASES TO 11.9%, TOP QUARTILE OF PEER GROUPONGOING IMPROVEMENT IN FUNDING MIX AS WHOLESALE BORROWINGS AND HIGH-COST DEPOSITS DECLINECONTINUED DEPOSIT GROWTH IN RETAIL CHANNEL AND IN THE PRIVATE BANK, BOTH UP 3% SEQUENTIALLYPROVISION FOR CREDIT LOSSES DECLINED 55%COMMERCIAL REAL ESTATE EXPOSURE CONTINUES TO DECLINE DUE TO STRONG PAYOFF ACTIVITY AND LOAN SALES Fourth Quarter 2024 Summary Asset Quality Loans, Deposits, and Funding Asset quality trends stabilizing: NCOs declined 8% versus previous quarter Non-accrual loans relatively flat compared to prior quarter Nearly 60% of non-accrual loans are current Total ACL of $1.2 billion or
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, 2024 at approximately 6:00 a.m. Eastern Time (ET) on Thursday, January 30, 2025. The earnings release and presentation will be posted to the Investor Relations portion of the Company's website, ir.flagstar.com shortly after issuance. The Company will conduct a conference call at 8:00 a.m. (ET) on the same date, during which Chairman, President, and Chief Executive Officer, Joseph M.
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 Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
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 Liberty Strategic Capital ("Liberty"), to its Board of Directors, effective December 16, 2024. Commenting on the appointment, Joseph M. Otting, Chairman, President, and CEO said, "I'm pleased to have Brian join our Board. His proven track record and expertise in financial services, along with his strategic insights will be instrumental as we continue to execute on our transformatio
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 Financial Officer (CFO), effective December 27, 2024. The appointment follows the decision of current CFO Craig Gifford to step down to reengage in personal endeavors outside of the banking industry. Gifford will remain with the Bank through March 31, 2025, and work closely with Smith during the transition period, ensuring a seamless hand-over and continued support for the Bank's ongoing initiatives.
HICKSVILLE, N.Y., Nov. 1, 2024 /PRNewswire/ -- Flagstar Bank, N.A. (the "Bank"), the bank subsidiary of Flagstar Financial, Inc. (NYSE:FLG) (the "Company") announced today that it has closed the previously announced sale of its residential mortgage servicing/sub-servicing business, mortgage servicing rights, and the third-party origination platform to Mr. Cooper Group Inc. ("Mr. Cooper"), for approximately $1.3 billion in cash. The transaction is expected to increase the Company's CET1 capital ratio by approximately 60 basis points on a proforma basis as of September 30, 2024.