
Flagstar Financial Posts $1.1B Net Loss Amid CRE De-Risking and $1.05B Capital Raise
Flagstar Bank, National AssociationDescription
What this story covers
Flagstar Financial's 2024 10-K reveals a $1.1B net loss from CRE and multi-family provisions, offset by a $1.05B capital raise boosting CET1 to 14.04%. Assets fell to $100.2B as they de-risked loans, enhanced liquidity to $29.9B, and shifted to C&I growth under a new strategic plan amid regulatory scrutiny.
Story snapshot
CompanyFlagstar Bank, National Association
TickerFLG
VariantStandard detailed
Duration11:08
Filing type10-K
PeriodAnnual 2024
IndustryFinancial Services
Accession0000910073-25-000038
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