12:03 PM EST, 01/30/2025 (MT Newswires) -- (Updates with the latest stock price movement in the headline and first paragraph.)

Flagstar Financial's ( FLG/PA ) shares were up more than 17% in recent Thursday trading, after the company reported a Q4 adjusted loss of $0.34 per diluted share, narrowing from a loss of $0.80 a year earlier.

Analysts polled by FactSet expected a loss of $0.54.

Revenue for the quarter ended Dec. 31 was $625 million, compared with $867 million a year earlier.

Analysts surveyed by FactSet expected $558.6 million.

Price: 11.25, Change: +1.65, Percent Change: +17.19