
Jan 30 (Reuters) - Flagstar Financial FLG.N:
FLAGSTAR FINANCIAL CEO JOSEPH OTTING SAYS PROJECTING PROFITABILITY IN Q4 2025 - CONF CALL
FLAGSTAR CFO LEE SMITH SAYS BANK WILL CONTINUE TO BE OPPORTUNISTIC AND EXPLORE ALL OPTIONS, INCLUDING LOAN SALES TO REDUCE CRE EXPOSURE
FLAGSTAR CFO SAYS BANK SOLD LARGEST OFFICE LOAN EXPOSURE IN Q4
FLAGSTAR CFO SAYS WILL CONTEMPLATE GROWING SECURITIES PORTFOLIO
FLAGSTAR CFO SAYS 2025 EARNINGS FORECAST ASSUMED THREE RATE CUTS, BUT TWO CUTS WOULD NOT IMPACT IT MATERIALLY
FLAGSTAR CFO SAYS WEIGHING REDUCING BROKERAGE CERTIFICATES OF DEPOSIT IN Q1
FLAGSTAR CFO SAYS BANK HAS NOT BEEN RETAINING 20% TO 25% OF HIGH-COST CERTIFICATES OF DEPOSIT THAT MATURE
FLAGSTAR CEO SAYS OVERALL HEADCOUNT OF THE BANK HAS GONE TO 6,000 FROM 9,000
FLAGSTAR CFO SAYS NON-INTEREST BEARING DEPOSIT LEVELS EXPECTED TO STAY SAME
FLAGSTAR CFO SAYS BALANCE SHEET MAY COME DOWN ANOTHER $2 BILLION
Further company coverage: FLG.N