Reported about 19 hours ago
Flagstar Bank reported a net loss of $45 million for the third quarter of 2025, marking its eighth consecutive quarter of losses as the bank undergoes a significant transformation. Despite a decrease in losses compared to previous quarters, executives remain cautious about a timely return to profitability. They highlighted efforts to diversify the bank's loan portfolio, particularly focusing on commercial and industrial loans, while continuing to shrink its commercial real estate exposure. Although some analysts noted hesitancy in the bank's profitability forecast, Flagstar's leadership expressed optimism about their strategic progress.
Source: YAHOO