NYSE$FLG
Flagstar Financial Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Reported diluted EPS of $0.23 on double-digit NIM expansion and strong loan growth.
New York Community Bancorp reported a strong third quarter with solid net income and EPS growth, driven by strong loan growth and double-digit net interest margin expansion. Loan deferrals declined significantly, and asset quality metrics remained strong.
- Diluted EPS of $0.23, up 10% compared to the second quarter of the year and up 21% compared to the year-ago third quarter.
- Net income available to common shareholders for the third quarter was $107.6 million, up 11% compared to the second quarter of the year and up 18% compared to the year-ago third quarter.
- 95% of $3.1 billion in eligible loan deferrals returned to payment status.
- Net interest margin increased 11 bps to 2.29% compared to the second quarter.
Headline financials
Revenue & EPS history
Flagstar Financial · Revenue · Quarterly
$296M
Forward guidance
The company expects strong payment performance of loan deferrals through the remainder of the year and anticipates continued loan growth in the fourth quarter.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
+0.1%
Avg return
Earnings day
-0.0%
Avg return
5 days after
-0.8%
Avg return
30 days after
49%
36 / 73 earnings
Positive
+27.2%
Q1 2024
Best reaction
-44.6%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.2% | -3.8% | -3.4% | |
| Q4 2025 | -2.2% | +3.5% | -6.3% | |
| Q3 2025 | +4.8% | -0.3% | -1.8% | |
| Q2 2025 | +0.0% | +0.8% | +5.8% | |
| Q1 2025 | +4.1% | +3.9% | +4.9% | |
| Q4 2024 | +15.3% | +23.9% | +25.0% | |
| Q3 2024 | +3.7% | -0.5% | +3.5% | |
| Q2 2024 | +2.6% | -3.1% | +3.2% | |
| Q1 2024 | +27.2% | +37.7% | +24.2% | |
| Q4 2023 | -44.6% | -48.0% | -65.8% | |
| Q3 2023 | -8.2% | -6.1% | -9.2% | |
| Q2 2023 | +10.3% | +9.9% | -4.4% | |
| Q1 2023 | +16.5% | +6.5% | +14.0% | |
| Q4 2022 | +5.0% | +4.2% | -11.6% | |
| Q3 2022 | -2.2% | +4.0% | +5.7% | |
| Q2 2022 | +12.9% | +13.3% | +7.3% | |
| Q1 2022 | -1.6% | -3.2% | +1.6% | |
| Q4 2021 | -4.0% | -4.3% | -5.3% | |
| Q3 2021 | -9.3% | -9.8% | -11.0% | |
| Q2 2021 | +7.8% | +7.4% | +13.9% | |
| Q1 2021 | +6.3% | -0.3% | -0.9% | |
| Q4 2020 | -2.3% | -4.2% | +11.4% | |
| Q3 2020 | -1.7% | +1.1% | +15.0% | |
| Q2 2020 | +5.1% | +0.1% | -11.0% | |
| Q1 2020 | +5.5% | +2.2% | -2.3% | |
| Q4 2019 | -5.7% | -5.1% | -7.8% | |
| Q3 2019 | -14.9% | -12.6% | -12.9% | |
| Q2 2019 | +3.5% | +2.1% | +3.0% | |
| Q1 2019 | -0.4% | +1.5% | -13.0% | |
| Q4 2018 | +6.9% | +9.0% | +16.4% | |
| Q3 2018 | -3.0% | -0.6% | +2.2% | |
| Q2 2018 | -7.5% | -5.1% | -5.6% | |
| Q1 2018 | -8.2% | -8.3% | -8.3% | |
| Q4 2017 | +1.9% | -3.0% | +1.5% | |
| Q3 2017 | -0.4% | -1.8% | -0.2% | |
| Q2 2017 | -3.4% | -1.4% | -9.0% | |
| Q1 2017 | -2.5% | -3.6% | -5.3% | |
| Q4 2016 | -6.3% | -6.1% | -4.6% | |
| Q3 2016 | +0.1% | -0.1% | +11.4% | |
| Q2 2016 | -3.1% | -1.8% | -0.7% | |
| Q1 2016 | -4.3% | — | — | |
| Q4 2015 | +2.7% | — | — | |
| Q3 2015 | -0.3% | — | — | |
| Q2 2015 | +1.5% | — | — | |
| Q1 2015 | +1.6% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q3 2014 | +1.1% | — | — | |
| Q2 2014 | +2.8% | — | — | |
| Q1 2014 | -1.6% | — | — | |
| Q4 2013 | -2.2% | — | — | |
| Q3 2013 | +1.5% | — | — | |
| Q2 2013 | -1.0% | — | — | |
| Q1 2013 | -1.2% | — | — | |
| Q4 2012 | +1.0% | — | — | |
| Q3 2012 | -0.6% | — | — | |
| Q2 2012 | +0.8% | — | — | |
| Q1 2012 | -0.9% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q3 2011 | -6.3% | — | — | |
| Q2 2011 | +3.2% | — | — | |
| Q1 2011 | +1.2% | — | — | |
| Q4 2010 | -3.2% | — | — | |
| Q3 2010 | +0.8% | — | — | |
| Q2 2010 | -0.2% | — | — | |
| Q1 2009 | +4.7% | — | — | |
| Q1 2010 | +0.0% | — | — | |
| Q4 2007 | +1.5% | — | — | |
| Q4 2009 | +1.5% | — | — | |
| Q4 2008 | +1.5% | — | — | |
| Q3 2009 | +1.8% | — | — | |
| Q3 2008 | +1.8% | — | — | |
| Q2 2008 | -5.6% | — | — | |
| Q2 2009 | -5.6% | — | — |
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