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The Institutional Risk Analyst


Flagstar Financial and the New York City Multifamily Meltdown
In simple terms, FLG is not making money and does not seem to have any immediate prospects to pull itself out of a slow downward spiral of balance sheet shrinkage and operating losses. Whereas before 2024, FLG was a peer performer in most respects, today the bank’s financial performance is significantly below-peer, bottom quartile in many cases.
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Jun 248 min read


The Bottom Quartile: FLG, KEY, LOB & TCBI
A look at the bottom quarter of WGA Bank Top 100 Index. We view TCBI as a work in progress. But kudos to KEY...
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Feb 67 min read
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