FLG
Flagstar Financial, Inc.
About: Flagstar Financial Inc operates over 400 branches, including a 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
0
Funds holding %
of 7,139 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
85.82% more ownership
Funds ownership: 0% [Q3] → 85.82% (+85.82%) [Q4]
32% more first-time investments, than exits
New positions opened: 87 | Existing positions closed: 66
13% more repeat investments, than reductions
Existing positions increased: 125 | Existing positions reduced: 111
11% more capital invested
Capital invested by funds: $3B [Q3] → $3.33B (+$329M) [Q4]
3% more funds holding
Funds holding: 359 [Q3] → 369 (+10) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]
28% less call options, than puts
Call options by funds: $143M | Put options by funds: $197M
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$11.50
6%
downside
Avg. target
$12.50
2%
upside
High target
$14
15%
upside
4 analyst ratings
1 positive
25%
3 neutral
75%
0 negative
0%
JP Morgan Anthony Elian 47% 1-year accuracy 8 / 17 met price target | 2%upside $12.50 | Neutral Maintained | 31 Jan 2025 |
Barclays Jared Shaw 64% 1-year accuracy 45 / 70 met price target | 15%upside $14 | Overweight Maintained | 31 Jan 2025 |
UBS Nicholas Holowko 75% 1-year accuracy 6 / 8 met price target | 6%downside $11.50 | Neutral Assumed | 17 Dec 2024 |
Compass Point David Rochester 63% 1-year accuracy 15 / 24 met price target | 2%downside $12 | Neutral Maintained | 10 Dec 2024 |
Financial journalist opinion
Based on 11 articles about FLG published over the past 30 days
Neutral
PRNewsWire
2 weeks ago
FLAGSTAR FINANCIAL, INC. TO PRESENT AT THE BOFA SECURITIES FINANCIAL SERVICES CONFERENCE
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.
Neutral
PRNewsWire
3 weeks ago
FLAGSTAR BANK HOSTS COMMUNITY REINVESTMENT ROUNDTABLE, BRINGS COMMUNITY LEADERS TOGETHER TO DRIVE TRANSFORMATION AND SUPPORT LMI COMMUNITIES
A group of leading and influential nonprofit and community leaders attended Dialogue centered on reimagining future of community reinvestment strategies Intent to formalize goals and objectives for sustained meaningful impact HICKSVILLE, N.Y. , Jan. 31, 2025 /PRNewswire/ -- Flagstar Bank, N.A.
Neutral
PRNewsWire
3 weeks ago
FLAGSTAR FINANCIAL, INC. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS
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.
Positive
Market Watch
3 weeks ago
Flagstar stock rallies as bank shores up its credit quality and draws an upgrade
The stock has risen more than 26% in 2025 on signs of a turnaround from its “material weakness” warning last year.
Neutral
Zacks Investment Research
3 weeks ago
Flagstar Financial Q4 Loss Narrower Than Expected, Expenses Fall Y/Y
A fall in NII and loan and deposit balance hurts FLG's Q4 earnings. Yet, an increase in fee income and lower expenses offers some support.
Neutral
Seeking Alpha
3 weeks ago
Flagstar Financial: A Speculative Prospect That's Not For The Faint Of Heart
Flagstar Financial, formerly New York Community Bancorp, saw a 15.2% share price surge on January 30th due to improved financial performance and cost-cutting plans. Despite a significant annual loss, Flagstar Financial reported better-than-expected Q4 results, including higher revenue and reduced credit loss provisions. Management's focus on liquidity, debt reduction, and strategic asset adjustments positions Flagstar Financial for potential long-term growth and turnaround.
Neutral
Seeking Alpha
3 weeks ago
Flagstar Financial, Inc. (FLG) Q4 2024 Earnings Call Transcript
Flagstar Financial, Inc. (NYSE:FLG ) Q4 2024 Earnings Conference Call January 30, 2025 8:00 AM ET Company Participants Sal DiMartino - Director of IR Joseph Otting - Chairman, President and CEO Lee Smith - CFO Conference Call Participants Mark Fitzgibbon - Piper Sandler Jared Shaw - Barclays Christopher Marinac - Janney Montgomery Scott Manan Gosalia - Morgan Stanley Ebrahim Poonawala - Bank of America Chris McGratty - KBW Ben Gerlinger - Citi Bernard Von Gizycki - Deutsche Bank Steve Moss - Raymond James Anthony Elian - JP Morgan Jon Arfstrom - RBC Capital Markets Matthew Breese - Stephens Operator Hello and thank you for standing by. My name is Regina and I will be your conference operator today.
Positive
Zacks Investment Research
3 weeks ago
Flagstar Financial (FLG) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Although the revenue and EPS for Flagstar Financial (FLG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
3 weeks ago
Flagstar Financial (FLG) Reports Q4 Loss, Tops Revenue Estimates
Flagstar Financial (FLG) came out with a quarterly loss of $0.34 per share versus the Zacks Consensus Estimate of a loss of $0.50. This compares to loss of $0.81 per share a year ago.
Neutral
PRNewsWire
3 weeks ago
FLAGSTAR FINANCIAL, INC. REPORTS FOURTH QUARTER 2024 GAAP NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.41 PER DILUTED SHARE AND NON-GAAP ADJUSTED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.34 PER DILUTED SHARE
CAPITAL POSITION CONTINUES TO STRENGTHEN AS CET1 RATIO INCREASES TO 11.9%, TOP QUARTILE OF PEER GROUP ONGOING IMPROVEMENT IN FUNDING MIX AS WHOLESALE BORROWINGS AND HIGH-COST DEPOSITS DECLINE CONTINUED DEPOSIT GROWTH IN RETAIL CHANNEL AND IN THE PRIVATE BANK, BOTH UP 3% SEQUENTIALLY PROVISION 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 1.78% of total HFI, compared to 1.87% in prior quarter Multi-family ACL coverage, excluding co-op loans, increased to 1.95% Office ACL coverage increased to 7.00% Another strong quarter of par payoffs Over 90% of multi-family loans that repriced in 2024 are either current or paid off at par Multi-family loans decreased $1.0 billion or 3%; $3.2 billion or 9% YTD CRE loans declined $532 million or 6%; $1.8 billion or 17% YTD Retail deposits up $0.9 billion or 3%; $7.3 billion or 17% YTD Private Bank deposits increased $0.5 billion or 3% and $2.4 billion or 15% since March 31, 2024 Brokered CDs down $2.5 billion or 20% Wholesale borrowings down $5.9 billion or 31%, now represent 13% of total assets Capital Liquidity CET1 capital ratio improved to 11.9%, at or above peer group levels Book value per common share of $18.54 Tangible book value per share of $17.36 Ample total liquidity of $32 billion Represents 240% coverage on uninsured deposits $16.4 billion of available borrowing capacity and high-quality liquid assets HICKSVILLE, N.Y. , Jan. 30, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) ("the Company"), today reported results for the fourth quarter and full-year 2024.
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