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AI brief of an SEC Form 8-K · Flagstar Bank (FLG)

Flagstar reports Q4 2024 GAAP net loss of $0.41 per diluted share, narrower than Q3

Mixed Impact 3 of 5 earnings Written later

Flagstar Financial reported a fourth-quarter 2024 GAAP net loss attributable to common stockholders of $168 million, or $0.41 per diluted share, compared with $289 million, or $0.79 per share, in the third quarter of 2024. For the full year 2024, the net loss attributable to common stockholders was $1,125 million, or $3.40 per diluted share, compared with $112 million, or $0.49 per share, in 2023. The quarterly loss narrowed, but the full-year loss widened.

Key points

  • Q4 2024 GAAP net loss attributable to common stockholders: $168 million, or $0.41 per diluted share, vs. $289 million, or $0.79, in Q3 2024
  • Q4 2024 adjusted net loss attributable to common stockholders: $138 million, or $0.34 per diluted share
  • Full-year 2024 net loss attributable to common stockholders: $1,125 million, or $3.40 per diluted share, vs. $112 million, or $0.49, in 2023
  • Provision for credit losses fell 55% to $108 million in Q4 2024 from Q3 2024; CET1 capital ratio rose to 11.9%

The filing

CompanyFlagstar Bank (FLG)
Form8-K, current report
Filed with the SECJan 30, 2025, 6:03 AM ET
Accession number0000910073-25-000006

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 30, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.