Shares of several New York-based banks and real estate investment trusts fell on Wednesday as Zohran Mamdani's lead in New York City's Democratic mayoral primary stoked concerns that his proposed rent freeze could pressure building owners.
Worries about higher taxes for companies and ultrawealthy people and more regulations is hurting the stocks of some New York-focused real-estate investment trusts.
More banks are racking up frequent losses, while the cumulative net loss at credit unions has jumped in recent periods. In the first quarter of 2025, the number of banks with losses in at least four of the last eight quarters increased to 235 from 219 in the 2024 fourth quarter and 160 in the year-ago period.
HICKSVILLE, N.Y. , June 5, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") announced today that Chairman, President, and Chief Executive Officer Joseph Otting and Senior Executive Vice President and Chief Financial Officer Lee Smith will participate in the Morgan Stanley U.S. Financials Conference in New York City, on Wednesday, June 11, 2025 at 12:15 p.m.
HICKSVILLE, N.Y. , June 4, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") announced today that, based on preliminary voting results from the 2025 Annual Shareholders' Meeting held earlier today, all three proposals passed with a strong majority of votes for each one.
Dividend investing has been a very successful journey for me. However, I have made numerous very painful mistakes. I share my biggest mistakes here and the lessons I have learned from them that have made me a better investor.
HICKSVILLE, N.Y. , April 25, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common stock.
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