Flagstar Financial, Inc. operates as the bank holding company for Flagstar Bank, N.A. that provides banking products and services in the United States. The company’s deposit products include interest-bearing checking and money market, savings, non-interest-bearing, and retirement accounts, as well as certificates of deposit. Its loan products comprise multi-family loans; commercial real estate loans; acquisition, development, and construction loans; commercial and industrial loans; one-to-four family loans; specialty finance loans and leases; warehouse loans; and other loans, such as home equity lines of credit, boat and recreational vehicle indirect lending, point of sale consumer loans, and other consumer loans, including overdraft loans. The company offers cash management products; non-deposit investment and insurance products; and online banking, mobile banking, and bank-by-phone services. It primarily serves individuals, small and mid-size businesses, and professional associations. The company was formerly known as New York Community Bancorp, Inc. and changed its name to Flagstar Financial, Inc. in October 2024. Flagstar Financial, Inc. was founded in 1859 and is headquartered in Hicksville, New York.
Strategic Overhaul | Explore NYCB's comprehensive repositioning efforts, including credit evaluation, capital growth, and balance sheet restructuring to navigate challenging financial landscapes |
Financial Crossroads | Delve into NYCB's mixed financial performance, with projected negative EPS for FY2024 but potential turnaround in FY2025, reflecting proactive management strategies |
Market Dynamics | Learn how NYCB's focus on multi-family loans in New York City differentiates it, while facing challenges from team departures and competitive pressures |
Future Prospects | Analyst price targets for NYCB range from $3.75 to $14.00, with an improved capital position potentially fueling long-term growth and expansion opportunities |
Metrics to compare | FLG | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipFLGPeersSector | |
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P/E Ratio | −1.2x | 11.9x | 8.7x | |
PEG Ratio | 0.01 | −0.35 | 0.03 | |
Price/Book | 0.6x | 1.2x | 1.0x | |
Price / LTM Sales | 3.2x | 3.2x | 2.7x | |
Upside (Analyst Target) | 8.7% | 2.3% | 10.5% | |
Fair Value Upside | Unlock | 12.6% | 2.7% | Unlock |