Flagstar Financial, lnc.-Flagstar Financial (FLG) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Flagstar Financial reported a revenue of $625 million for the quarter ended December 2024, reflecting a decline of 29.5% year-over-year, but exceeded the Zacks Consensus Estimate of$ 590.72 million by 5.80% [1] - The company posted an EPS of - $0.34, an improvement from -$ 0.81 in the same quarter last year, and surpassed the consensus EPS estimate of - $0.50 by 32.00% [1] Financial Performance Metrics - Net Interest Margin was reported at 1.7%, slightly below the estimated 1.8% [4] - Average Balances of Interest Earning Assets were$ 106.12 billion, exceeding the estimate of $105.85 billion [4] - Efficiency Ratio stood at 108.2%, significantly higher than the estimated 93.8% [4] - Book Value per Common Share (GAAP) was$ 18.54, lower than the estimated $19.17 [4] - Net Charge-offs to Average Loans were 0.3%, compared to the average estimate of 1.1% [4] - Total Non-Interest Income was$ 164 million, well above the average estimate of $68.29 million [4] - Net Interest Income was reported at$ 461 million, below the average estimate of $486.02 million [4] - Bank-Owned Life Insurance was$ 10 million, slightly below the estimate of $10.39 million [4] - Fee Income was$ 33 million, in line with the average estimate of $33.72 million [4] - Other Non-Interest Income was$ 29 million, exceeding the average estimate of $23.92 million [4] Stock Performance - Flagstar Financial's shares returned +2.9% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]