NYSE$FLG
Flagstar Financial Inc · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Reported diluted earnings per common share of $0.20, driven by strong loan growth and a higher net interest margin.
New York Community Bancorp reported a net income of $101.2 million for Q4 2019, a 2% increase compared to the previous quarter. The diluted earnings per share was $0.20, up 5% from Q3 2019. Loan growth was strong, particularly in multi-family and specialty finance portfolios, and the net interest margin improved.
- Net income for the fourth quarter of 2019 totaled $101.2 million compared to $99.0 million for the third quarter of 2019.
- Net income available to common shareholders for the fourth quarter of 2019 was $93.0 million or $0.20 per common share, compared to $90.8 million for the third quarter of 2019, or $0.19 per common share.
- Total assets were $53.6 billion, up 3% compared to December 31, 2018 and up 8% on an annualized basis compared to the third quarter of 2019.
- The net interest margin for the fourth quarter was 2.04%, up 5 basis points compared to the third quarter 2019 net interest margin, driven primarily by lower funding costs.
Headline financials
Revenue & EPS history
Flagstar Financial · Revenue · Quarterly
$242M
Forward guidance
Company expects loan growth and margin expansion throughout 2020.
Tailwinds
- Expects loan growth throughout 2020.
- Expects margin expansion throughout 2020.
- Liability sensitive balance sheet.
- Federal Reserve’s current stance on interest rates.
- Significant repricing opportunities within CD portfolio and wholesale borrowings.
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 Q4 2019
+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% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro