Flagstar Financial institution, Nationwide Affiliation (FLG) Barclays 18th Annual Americas Choose Convention Could 5, 2026 10:15 AM EDT
Firm Members
Joseph Otting – President, CEO & Govt Chairman
Lee Smith – Senior Govt VP & CFO
Convention Name Members
Jared David Shaw – Barclays Financial institution PLC, Analysis Division
Presentation
Jared David Shaw
Barclays Financial institution PLC, Analysis Division
Prepared? Nice. Nicely, thanks, everyone. Good afternoon. Thanks for becoming a member of us. We’re excited to have Flagstar Financial institution, NA. Not Flagstar Monetary.
Becoming a member of us in the present day, we’ve got Joseph Otting, the Chairman and CEO; and Lee Smith, the CFO. Thanks very a lot for becoming a member of us right here.
Joseph Otting
President, CEO & Govt Chairman
Thanks, Jared.
Lee Smith
Senior Govt VP & CFO
Thanks for having us, Jared.
Joseph Otting
President, CEO & Govt Chairman
Honored to be right here. Phenomenal convention. So thanks very a lot.
Jared David Shaw
Barclays Financial institution PLC, Analysis Division
Nice. Thanks. Glad that you simply’re having a superb day.
Query-and-Reply Session
Jared David Shaw
Barclays Financial institution PLC, Analysis Division
Perhaps simply to start out off at a bit of bit of a better stage. You all have are available in to a franchise that wanted some dramatic transformation. You’ve got executed on that. Perhaps simply spend a couple of minutes initially right here sharing with us the place you’re in that transformation journey, what among the larger challenges had been and what we should always count on within the close to to midterm from that?
Joseph Otting
President, CEO & Govt Chairman
Nice. Nicely, thanks, Jared, and thanks for those that are right here to listen to our story. So once we got here into the Financial institution in March of 2024, the Financial institution actually was experiencing capital points, liquidity points, credit score points and regulatory points. And if I, like a child, it made the Bermuda Triangle appear to be an amusement park, from the place we began.
