Flagstar Financial (FLG) 2025 Conference June 11, 2025 12:15 PM ET Speaker0 Great. Up next, we have Flagstar Financial. I'll read our disclosures. For important disclosures, please see the Morgan Stanley research disclosure website at morganstanley.com/researchdisclosures. The taking of photographs and the use of recording devices is not allowed. If you have any questions, please reach out to your Morgan Stanley sales representative. And we are delighted to have with us today Lee Smith, Chief Financial Offi ...

Commission file number: 001-31565 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FLAGSTAR FINANCIAL, INC. (Exact name of registrant as specified in its charter) | Delaware | 06-1377322 | | --- | --- | | (State or other jurisdiction of i ...

Flagstar Financial, Inc. (FLG) reported a first-quarter 2025 loss per share of 23 cents, narrower than the Zacks Consensus Estimate of a loss of 26 cents. It had incurred a loss of 75 cents in the year-ago quarter.The results were primarily affected by a decline in net interest income (NII), along with lower loan and deposit balances. However, a rise in fee income and lower expenses acted as a tailwind.The results excluded certain non-recurring items. After considering these, the net loss available to commo ...

Flagstar Financial (FLG) Q1 2025 Earnings Call April 25, 2025 06:19 PM ET Company Participants Salvatore DiMartino - Executive VP & Director of Investor RelationsJoseph Otting - Executive Chairman, President & CEOLee Smith - Senior Executive Vice President & CFOMark Fitzgibbon - Head of FSG ResearchJared Shaw - Managing DirectorBen Gerlinger - Vice President of Equity ResearchChristopher Marinac - Director of ResearchChristopher Mcgratty - MD & Head of U.S. Bank ResearchEbrahim Poonawala - Managing Director ...

For the quarter ended March 2025, Flagstar Financial (FLG) reported revenue of $490 million, down 22.6% over the same period last year. EPS came in at -$0.23, compared to -$0.75 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $518.85 million, representing a surprise of -5.56%. The company delivered an EPS surprise of +11.54%, with the consensus EPS estimate being -$0.26.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings - ...

First Quarter 2025 Results April 25, 2025 Our forward‐looking statements are subject to, among others, the following principal risks and uncertainties: general economic conditions and trends, either nationally or locally; conditions in the securities, credit and financial markets; changes in interest rates; changes in deposit flows, and in the demand for deposit, loan, and investment products and other financial services; changes in real estate values; changes in the quality or composition of our loan or in ...

102 Duffy Avenue, Hicksville, NY 11801 ● Phone: (516) 683-4420 ● flagstar.com FLAGSTAR FINANCIAL, INC. REPORTS FIRST QUARTER 2025 GAAP NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.26 PER DILUTED SHARE AND NON-GAAP ADJUSTED NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.23 PER DILUTED SHARE | | | First Quarter 2025 Summary | | --- | --- | --- | | | Asset Quality | Loans, Deposits, and Funding | | • | Total ACL of $1,215 million or 1.82% of total loans HFI | • Continue to reduce total CRE exposure | ...

Core Viewpoint - Flagstar Financial, Inc. reported a net loss of $100 million for Q1 2025, an improvement from previous quarters, indicating progress towards profitability and strategic transformation into a top-performing regional bank [1][2][6]. Asset Quality - Total allowance for credit losses (ACL) was $1,215 million, representing 1.82% of total loans held for investment (HFI), a slight decrease from 1.83% in the previous quarter [1][43]. - Criticized loans declined by $885 million or 6% compared to the prior quarter [1]. - Non-accrual loans held for investment increased to $3,280 million, up 25% from the previous quarter [37]. Loans, Deposits, and Funding - Total loans and leases held for investment decreased by $1.7 billion or 2% to $66.6 billion [8]. - Multi-family loans decreased by $656 million or 2% to $33.4 billion, while commercial real estate (CRE) loans decreased by $326 million or 3% to $11.5 billion [8]. - Total deposits were $73.9 billion, a decrease of $2.0 billion or 3% linked-quarter [13]. Capital - The Common Equity Tier 1 (CET1) capital ratio improved to 11.9%, exceeding peer group levels [1][45]. - Book value per common share was $18.43, and tangible book value per share was $17.33 [1]. Liquidity - The company maintained ample liquidity of $30 billion, representing 231% coverage on uninsured deposits [1][45]. - Available borrowing capacity was $18.1 billion, supported by high-quality liquid assets [1]. Earnings Summary - Net interest income for Q1 2025 was $410 million, down 11% from Q4 2024, primarily due to a smaller balance sheet [17]. - Non-interest income totaled $80 million, a significant decrease from $164 million in the previous quarter [29]. - Total revenues decreased by 22% to $490 million compared to the previous quarter [28]. Non-Interest Expense - Non-interest expense totaled $532 million, down 26% linked-quarter and 24% year-over-year [33]. - Adjusted non-interest expenses were $485 million, reflecting a 13% decrease linked-quarter [34]. Credit Quality - Net charge-offs for Q1 2025 totaled $115 million, down 48% from the previous quarter [27]. - The provision for credit losses decreased by $66 million compared to the previous quarter, attributed to lower net charge-offs [26]. Strategic Focus - The company aims to improve its earnings profile, manage commercial real estate exposure, and enhance credit quality [3][6]. - The addition of 15 bankers to the commercial lending team reflects ongoing efforts to strengthen the business [4].

Wall Street expects a year-over-year increase in earnings on lower revenues when Flagstar Financial (FLG) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on April 25, 2025, might help the stock move higher if these key numbers are better than ...

Flagstar Financial, Inc. (NYSE: FLG ) is a stock that I began covering last June and again later in September . In both cases, I rated it a Buy on its discount to tangible book value per shareI analyze securities based on value investing, an owner's mindset, and a long-term horizon. I don't write sell articles as those are considered short theses, and I never recommend shorting.Former advisory representative at Fidelity. I do my own investing now and share my research here.Analyst’s Disclosure: I/we have no ...