Flagstar reports another net loss amid ongoing revamp
American Banker·2025-10-24 21:30
Key insight: Flagstar logged another quarterly loss, though one that was smaller than in earlier quarters this year.Supporting data: The bank's third-quarter net loss was $45 million.Forward look: Observers are focused on when the Long Island bank, which was battling for its survival last year, will return to profitability.Flagstar Bank reported a larger-than-expected net loss for the third quarter, marking the consecutive eighth quarter of profitability challenges as the Long Island-based bank continues it ...