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FLG US​

Flagstar Bank, National Association(FLG US)

$10.38-1.069.27%Ext:$10.54+0.161.56%(Market Closed · 00:00:02 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Flagstar Bank, National Association — Company Profile

Flagstar Financial, Inc. serves as the holding company for Flagstar Bank, N.A., delivering a wide array of banking solutions and services throughout the United States. Its deposit portfolio features interest-bearing checking, money market, savings, and non-interest-bearing accounts, alongside retirement savings plans and certificates of deposit. The institution extends a diverse range of credit facilities, including financing for multi-family properties, commercial real estate ventures, and acquisition, development, and construction projects. Further offerings encompass commercial and industrial loans, mortgages for one-to-four family residences, specialized finance loans and leases, and warehouse lending. Additionally, Flagstar provides various consumer credit options, such as home equity lines of credit, indirect loans for boats and recreational vehicles, point-of-sale consumer financing, and overdraft facilities. Beyond traditional banking, the company offers cash management tools, a selection of non-deposit investment and insurance products, and convenient digital access through online, mobile, and telephone banking platforms. Its primary clientele consists of individual consumers, small to medium-sized businesses, and professional organizations. Established in 1859 and based in Hicksville, New York, the company recently changed its name to Flagstar Financial, Inc. in October 2024, having formerly been known as New York Community Bancorp, Inc.

Sector
Financials
Industry
Banks
Exchange
UN
CEO
Joseph Otting
Headquarters
Hicksville, NY, US
IPO Date
Nov 23, 1993
Employees
5,631
Website
www.flagstar.com

Key Metrics

Price
$11.57
Market Cap
$4.82B
Revenue (TTM)
$1.04B
Net Income (TTM)
$21.00M
EPS (TTM)
0.03
P/E (TTM)
-86.12
P/B (TTM)
0.59
Dividend Yield
28.45%
ROE (TTM)
0.26%
ROA (TTM)
0.02%
Operating Margin
3.08%
Beta
0.90

Dividends

Last Dividend
$0.01
Last Yield
0.28%

Summary

Flagstar Financial, Inc. serves as the holding company for Flagstar Bank, N.A., delivering a wide array of banking solutions and services throughout the United States. Its deposit portfolio features interest-bearing checking, money market, savings, and non-interest-bearing accounts, alongside retirement savings plans and certificates of deposit. The institution extends a diverse range of credit facilities, including financing for multi-family properties, commercial real estate ventures, and acquisition, development, and construction projects. Further offerings encompass commercial and industrial loans, mortgages for one-to-four family residences, specialized finance loans and leases, and warehouse lending. Additionally, Flagstar provides various consumer credit options, such as home equity lines of credit, indirect loans for boats and recreational vehicles, point-of-sale consumer financing, and overdraft facilities. Beyond traditional banking, the company offers cash management tools, a selection of non-deposit investment and insurance products, and convenient digital access through online, mobile, and telephone banking platforms. Its primary clientele consists of individual consumers, small to medium-sized businesses, and professional organizations. Established in 1859 and based in Hicksville, New York, the company recently changed its name to Flagstar Financial, Inc. in October 2024, having formerly been known as New York Community Bancorp, Inc.

Website
www.flagstar.com
Location
Hicksville, NY, US
Phone516 683 4100
Employees5,631
CEOJoseph Otting
Sector
Financials
Industry
Banks
IPO DateNov 23, 1993

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Latest Documents

SEC Filings(2.4K)

Expand
  • 8-KResults of Operations and Financial Condition23 Oct
  • 4Statement of changes in beneficial ownership16 Oct
  • 4Statement of changes in beneficial ownership16 Oct
  • 13F-NTNotice of non-filing (institutional investment manager holdings)14 Aug
  • SC 13GFLAGSTAR BANK, NATIONAL ASSOCIATION11 Aug
  • SC 13G/AFLAGSTAR BANK, NATIONAL ASSOCIATION7 Aug
  • 10-QQ2ended 30 Jun 20266 Aug
  • 8-KResults of Operations and Financial Condition24 Jul
  • 4Statement of changes in beneficial ownership16 Jul
  • 8-K102 Duffy Avenue, Hicksville, NY 11801 ● Phone: (516) 683-4420 ● flagstar.com NEWS RELEASE Investor Contact: FOR IMMEDIATE RELEASE Salvatore J. DiMartino (516) 683-4286 FLAGSTAR BANK, N.A. ANNOUNCES PRELIMINARY RESULTS OF 2026 ANNUAL SHAREHOLDERS’ MEETING HICKSVILLE, N.Y., June 9, 2026 – Flagstar Bank, N.A. (NYSE: FLG) (the “Bank”) announced today that, based on preliminary voting results from the 2026 Annual Shareholders’ Meeting held earlier today, all four proposals were approved by shareholders. Based on these preliminary results, the Bank’s shareholders approved the following:  The election of eight directors to one-year terms of office;  The ratification of the appointment of KPMG, LLP as the Bank’s independent registered public accounting firm for the fiscal year ending December 31, 2026;  By a non-binding advisory vote, the approval of the compensation of the Bank’s Named Executive Officers; and  Approval of an Amendment to the Flagstar Bank, N.A., 2020 Omnibus Incentive Plan. Commenting on today’s results, Executive Chairman and Chief Executive Officer, Joseph M. Otting stated, “We are grateful for the strong support received from our shareholders at today’s Annual Meeting as nearly 90% of total shares outstanding were voted this year. The preliminary results affirm the progress the Bank has made in improving our financial performance, our risk management and corporate governance frameworks, and building a foundation for long-term growth. We appreciate the confidence our shareholders have placed in our Board of Directors and executive leadership team and remain committed to creating value and providing exceptional service to our customers and communities.” The Bank expects to file a Form 8-K with final voting results within the next four business days.Flagstar Bank, N.A. Flagstar Bank, N.A. is one of the largest regional banks in the country and is headquartered in Hicksville, New York. At March 31, 2026, the Bank had $87.1 billion of assets, $60.7 billion of loans, deposits of $66.8 billion, and total stockholders' equity of $8.1 billion. Flagstar Bank, N.A. operates approximately 340 locations across nine states, with strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast. Cautionary Statements Regarding Forward-Looking Language This press release may include forward-looking statements by us and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding, among other things: (a) revenues, earnings, loan production, asset quality, liquidity position, capital levels, risk analysis, divestitures, acquisitions, and other material transactions, among other matters; (b) the future costs and benefits of the actions we may take; (c) our assessments of credit risk and probable losses on loans and associated allowances and reserves; (d) our assessments of interest rate and other market risks; (e) our ability to achieve profitability goals within projected timeframes and to execute on our strategic plan, including the sufficiency of our internal resources, procedures and systems; (f) our ability to attract, incentivize, and retain key personnel and the roles of key personnel; (g) our ability to achieve our financial and other strategic goals, including those related to our recent holding company reorganization, which was completed in October 2025 (the "Reorganization"), our merger with Flagstar Bancorp, Inc., which was completed in December 2022, our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, which was completed in March 2023, and our ability to comply with the heightened regulatory standards with respect to governance and risk management programs to which we are subject as a national bank with assets of $50 billion or more; (h) the impact of the $1.05 billion capital raise we completed in March 2024; (i) the conversion or exchange of shares of our preferred stock; (j) the payment of dividends on shares of our capital stock, including adjustments to the amount of dividends payable on shares of our preferred stock; (k) the availability of equity and dilution of existing equity holders associated with future equity awards and stock issuances; (l) the effects of the reverse stock split we effected in July 2024; and (m) the impact of the 2024 sale of our mortgage servicing operations, third party mortgage loan origination business, and mortgage warehouse business. Forward-looking statements are typically identified by such words as “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “should,” "confident," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time. Additionally, forward-looking statements speak only as of the date they are made; we do not assume any duty, and do not undertake, to update our forward-looking statements. Furthermore, because forward-looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those anticipated in our statements, and our future performance could differ materially from our historical results. Our forward-looking statements are subject to, among others, the following principal risks and uncertainties: general economic conditions and trends, either nationally or locally; conditions in the securities, credit and financial markets; changes in interest rates; changes in deposit flows, and in the demand for deposit, loan, and investment products and other financial services; changes in real estate values; changes in the quality or composition of our loan or investment portfolios, including associated allowances and reserves; changes in future allowance for credit losses, including changes required under relevant accounting and regulatory requirements; the ability to pay future dividends; changes in our capital management and balance sheet strategies and our ability to successfully implement such strategies; our ability to achieve the anticipated benefits of the Reorganization; changes in our Board of Directors and our executive management team; changes in our strategic plan, including changes in our internal resources, procedures and systems, and our ability to successfully implement such plan; changes in competitive pressures among financial institutions or from non-financial institutions; changes in legislation, regulations, and policies; the impacts of tariffs, sanctions and other trade policies of the United States and its global trading counterparts; the outcome of federal, state, and local elections and the resulting economic and other impact on the areas in which we conduct business; the impact of changing political conditions or federalgovernment shutdowns; the imposition of restrictions on our operations by bank regulators; the outcome of pending or threatened litigation, or of investigations or any other matters before regulatory agencies, whether currently existing or commencing in the future; our ability to comply with heightened regulatory standards with respect to governance and risk management programs to which we are subject as a national bank with assets of $50 billion or more; the restructuring of our mortgage business; our ability to recognize anticipated cost savings and enhanced efficiencies with respect to our balance sheet and expense reduction strategies; the impact of failures or disruptions in or breaches of our operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns; the impact of natural disasters, extreme weather events, civil unrest, international military conflict, terrorism or other geopolitical events; and a variety of other matters which, by their nature, are subject to significant uncertainties and/or are beyond our control. Our forward-looking statements are also subject to the following principal risks and uncertainties with respect to our merger with Flagstar Bancorp, which was completed in December 2022, and our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, which was completed in March 2023: the possibility that the anticipated benefits of the transactions will not be realized when expected or at all; the possibility of increased legal and compliance costs, including with respect to any litigation or regulatory actions related to the business practices of acquired companies or the combined business; diversion of management's attention from ongoing business operations and opportunities; the possibility that we may be unable to achieve expected synergies and operating efficiencies in or as a result of the transactions within the expected timeframes or at all; and revenues following the transactions may be lower than expected. More information regarding some of these factors is provided in the Risk Factors section of our Annual Report on Form 10-K for the year ended December 31, 2025, and in other reports we file with the Office of the Comptroller of the Currency (the “OCC”) and voluntarily file with the Securities and Exchange Commission (the “SEC”), and which are also available on our Investor Relations website. Our forward-looking statements may also be subject to other risks and uncertainties, including those we may discuss in this news release, on our conference call, during investor presentations, or in our securities disclosure filings. All such files are accessible on our website at ir.flagstar.com, on the OCC's website at www.occ.gov, and on the SEC’s website at www.sec.gov.11 Jun
  • 11-KAnnual report (employee stock purchase/savings/profit sharing plans)10 Jun
  • DEFA14ADefinitive additional materials22 May
  • 4Statement of changes in beneficial ownership20 May
  • 8-K102 Duffy Avenue, Hicksville, NY 11801 ● Phone: (516) 683-4420 ● flagstar.com NEWS RELEASE Investor Contact: FOR IMMEDIATE RELEASE Salvatore J. DiMartino (516) 683-4286 FLAGSTAR BANK EXTENDS JOSEPH OTTING’S TERM AS CEO AND ANNOUNCES EXECUTIVE LEADERSHIP UPDATES Joseph Otting’s Employment Agreement in His Role as CEO Extended Through March 2028 Richard Raffetto and Lee Smith Named Co-Presidents and Co-Chief Operating Officers with Expanded Responsibilities Bao Nguyen Named Chief Legal Officer and Chief Operating Officer for Consumer and Retail Banking Sydney Menefee Named Chief Audit Executive Peter Sullivan Named General Counsel HICKSVILLE, N.Y., May 18, 2026 – Flagstar Bank, N.A. (NYSE: FLG) (the “Bank”) today announced several leadership updates which further strengthen the Bank’s executive management team and support the continued execution of its long-term strategic plan, senior executive development, and succession planning. The Board of Directors has approved a one-year extension of Executive Chairman and Chief Executive Officer Joseph M. Otting’s employment agreement in his role as CEO through March 6, 2028. This decision reflects the Board’s confidence in his leadership, the Bank’s return to profitability, and its commitment to ensuring stability and continuity, as the Bank continues to transform into a high-performing regional bank. In addition, Richard Raffetto and Lee Smith will serve as Co-Presidents and Co-Chief Operating Officers, effective immediately. In their expanded roles, Messrs. Raffetto and Smith will assume additional leadership responsibilities across key operational and strategic functions, further enhancing organizational alignment and continuing momentum across the Bank’s business lines. As part of these planned changes, Mr. Otting will relinquish the title and role of President, while continuing to serve as Executive Chairman and Chief Executive Officer. “This transition is a natural next step in the long-term maturity of Flagstar and capitalizes on the depth of talent we have built across our organization,” said Joseph M. Otting, Executive Chairman and Chief Executive Officer. “By expanding Rich’s and Lee’s roles and elevating them to Co-Presidents and Co-Chief Operating Officers, we are promoting their development and benefiting from the deep bench of talent here while positioning the Bank to execute on our strategic plan. I remain fully committed to leading the organization as CEO and Executive Chairman, and I am confident this structure will strengthen our ability to deliver value and exceptional service for our shareholders, employees, customers, and communities.” Messrs. Raffetto and Smith have each held senior leadership positions within the Bank and bring extensive experience to these expanded roles. Mr. Raffetto will become the Bank’s Chief Banking Officer and will lead all commercial lending and relationship banking verticals, including commercial real estate, as well as consumer banking and private banking.Mr. Smith will remain Chief Financial Officer overseeing accounting and finance, treasury, investor relations, corporate real estate and vendor management, and mortgage banking. In addition, he will now have oversight for human resources, information technology, and operations. Both Messrs. Smith and Raffetto will continue to report to the CEO and work closely with the Board of Directors to support the Bank’s long-term strategic vision. The Bank also announced the following additional leadership changes, also effective immediately. Bao Nguyen, currently General Counsel and Chief of Staff, will become the Bank’s Chief Legal Officer and remain Chief of Staff, reporting to the CEO. The Bank’s General Counsel as well as the strategic planning, regulatory affairs, and community investment functions will report to Mr. Nguyen. He will add the new role of Chief Operating Officer for Consumer and Retail Banking and in this capacity, he will work with Reggie Davis, who will continue to lead Flagstar’s consumer and retail banking business. With the changes in Mr. Nguyen’s responsibilities, Peter Sullivan will become the Bank’s General Counsel and assume day-to-day management of the legal department. In addition, Sydney Menefee will shift from leading Strategic Capital & Financial Management to the role of Chief Audit Executive by the end of June, reporting to the Chair of the Audit Committee and the CEO. Flagstar Bank, N.A. Flagstar Bank, N.A. is one of the largest regional banks in the country and is headquartered in Hicksville, New York. At March 31, 2026, the Bank had $87.1 billion of assets, $60.7 billion of loans, deposits of $66.8 billion, and total stockholders' equity of $8.1 billion. Flagstar Bank, N.A. operates approximately 340 locations across nine states, with strong footholds in the greater New York/New Jersey metropolitan region and in the upper Midwest, along with a significant presence in fast-growing markets in Florida and the West Coast.Cautionary Statements Regarding Forward-Looking Language This press release may include forward-looking statements by us and our authorized officers pertaining to such matters as our goals, beliefs, intentions, and expectations regarding, among other things: (a) revenues, earnings, loan production, asset quality, liquidity position, capital levels, risk analysis, divestitures, acquisitions, and other material transactions, among other matters; (b) the future costs and benefits of the actions we may take; (c) our assessments of credit risk and probable losses on loans and associated allowances and reserves; (d) our assessments of interest rate and other market risks; (e) our ability to achieve profitability goals within projected timeframes and to execute on our strategic plan, including the sufficiency of our internal resources, procedures and systems; (f) our ability to attract, incentivize, and retain key personnel and the roles of key personnel; (g) our ability to achieve our financial and other strategic goals, including those related to our recent holding company reorganization, which was completed in October 2025 (the "Reorganization"), our merger with Flagstar Bancorp, Inc., which was completed in December 2022, our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, which was completed in March 2023, and our ability to comply with the heightened regulatory standards with respect to governance and risk management programs to which we are subject as a national bank with assets of $50 billion or more; (h) the impact of the $1.05 billion capital raise we completed in March 2024; (i) our previously disclosed material weaknesses in internal control over financial reporting; (j) the conversion or exchange of shares of our preferred stock; (k) the payment of dividends on shares of our capital stock, including adjustments to the amount of dividends payable on shares of our preferred stock; (l) the availability of equity and dilution of existing equity holders associated with future equity awards and stock issuances; (m) the effects of the reverse stock split we effected in July 2024; and (n) the impact of the 2024 sale of our mortgage servicing operations, third party mortgage loan origination business, and mortgage warehouse business. Forward-looking statements are typically identified by such words as “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “should,” "confident," and other similar words and expressions, and are subject to numerous assumptions, risks, and uncertainties, which change over time. Additionally, forward-looking statements speak only as of the date they are made; we do not assume any duty, and do not undertake, to update our forward-looking statements. Furthermore, because forward-looking statements are subject to assumptions and uncertainties, actual results or future events could differ, possibly materially, from those anticipated in our statements, and our future performance could differ materially from our historical results. Our forward-looking statements are subject to, among others, the following principal risks and uncertainties: general economic conditions and trends, either nationally or locally; conditions in the securities, credit and financial markets; changes in interest rates; changes in deposit flows, and in the demand for deposit, loan, and investment products and other financial services; changes in real estate values; changes in the quality or composition of our loan or investment portfolios, including associated allowances and reserves; changes in future allowance for credit losses, including changes required under relevant accounting and regulatory requirements; the ability to pay future dividends; changes in our capital management and balance sheet strategies and our ability to successfully implement such strategies; our ability to achieve the anticipated benefits of the Reorganization; changes in our Board of Directors and our executive management team; changes in our strategic plan, including changes in our internal resources, procedures and systems, and our ability to successfully implement such plan; changes in competitive pressures among financial institutions or from non-financial institutions; changes in legislation, regulations, and policies; the impacts of tariffs, sanctions and other trade policies of the United States and its global trading counterparts; the outcome of federal, state, and local elections and the resulting economic and other impact on the areas in which we conduct business; the impact of changing political conditions or federal government shutdowns; the imposition of restrictions on our operations by bank regulators; the outcome of pending or threatened litigation, or of investigations or any other matters before regulatory agencies, whether currently existing or commencing in the future; our ability to comply with heightened regulatory standards with respect to governance and risk management programs to which we are subject as a national bank with assets of $50 billion or more; the restructuring of our mortgage business; our ability to recognize anticipated cost savings and enhanced efficiencies with respect to our balance sheet and expense reduction strategies; the impact of failures ordisruptions in or breaches of our operational or security systems, data or infrastructure, or those of third parties, including as a result of cyberattacks or campaigns; the impact of natural disasters, extreme weather events, civil unrest, international military conflict, terrorism or other geopolitical events; and a variety of other matters which, by their nature, are subject to significant uncertainties and/or are beyond our control. Our forward-looking statements are also subject to the following principal risks and uncertainties with respect to our merger with Flagstar Bancorp, which was completed in December 2022, and our acquisition of substantial portions of the former Signature Bank through an FDIC-assisted transaction, which was completed in March 2023: the possibility that the anticipated benefits of the transactions will not be realized when expected or at all; the possibility of increased legal and compliance costs, including with respect to any litigation or regulatory actions related to the business practices of acquired companies or the combined business; diversion of management's attention from ongoing business operations and opportunities; the possibility that we may be unable to achieve expected synergies and operating efficiencies in or as a result of the transactions within the expected timeframes or at all; and revenues following the transactions may be lower than expected. More information regarding some of these factors is provided in the Risk Factors section of our Annual Report on Form 10-K for the year ended December 31, 2025, and in other SEC reports we file. Our forward-looking statements may also be subject to other risks and uncertainties, including those we may discuss in this news release, on our conference call, during investor presentations, or in our securities disclosure filings, which are accessible on our website, on the OCC's website at www.occ.gov and on the SEC’s website, www.sec.gov.18 May
  • 13F-NTNotice of non-filing (institutional investment manager holdings)14 May
  • 10-QQ1ended 31 Mar 20267 May
  • ARSAnnual report to security holders30 Apr
  • DEFA14ADefinitive additional materials30 Apr
  • DEF 14ADefinitive proxy statement30 Apr
  • 8-KResults of Operations and Financial Condition24 Apr

News

  • Flagstar Bank, National Association (FLG) Q3 2026 Earnings Call Transcript23 Oct
  • Flagstar Stock Drops to New 52-Week Low After Mixed Q3 Results23 Oct
  • What Flagstar Bank, National Association (FLG) Said on Its Q3 Earnings Call23 Oct
  • Flagstar Bank (FLG) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates23 Oct
  • Flagstar Bank (FLG) Q3 Earnings and Revenues Miss Estimates23 Oct
  • FLAGSTAR BANK REPORTS THIRD QUARTER 2026 NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS OF $0.01 PER DILUTED SHARE23 Oct
  • Flagstar Bank (FLG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release16 Oct
  • FLAGSTAR BANK, N.A. TO REPORT THIRD QUARTER 2026 EARNINGS AND HOST CONFERENCE CALL ON OCTOBER 23RD9 Oct
  • Is the Options Market Predicting a Spike in Flagstar Bank Stock?17 Sep
  • Flagstar Bank, National Association (FLG) Presents at Barclays 24th Annual Global Financial Services Conference Transcript15 Sep
  • FLAGSTAR BANK, N.A. TO PARTICIPATE AT THE BARCLAYS 24TH ANNUAL GLOBAL FINANCIAL SERVICES CONFERENCE8 Sep
  • Fiserv and Flagstar Bank Announce Strategic Core Banking Relationship17 Aug
  • FLAGSTAR PRIVATE BANK ANNOUNCES FULL IMPLEMENTATION OF OPERATING MODEL, EXPANDED LEADERSHIP, AND NEW CLIENT CAPABILITIES5 Aug
  • Flagstar Bank Shares Down on Q2 Earnings Miss, Fee Income Falls Y/Y27 Jul
  • These Analysts Cut Their Forecasts On Flagstar Financial Following Q2 Earnings27 Jul
  • FLAGSTAR BANK, N.A. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS27 Jul
  • Flagstar Bank, National Association (FLG) Q2 2026 Earnings Call Transcript24 Jul
  • Flagstar Bank (FLG) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates24 Jul
  • Flagstar Bank, National Association Q2 Earnings Call Highlights24 Jul
  • Flagstar Bank (FLG) Lags Q2 Earnings and Revenue Estimates24 Jul

Mentions in Filings

  • … ere he was a partner of the firm. Mr. Berlinski currently serves on the board of directors for Russell Investments, Venerable Holdings (HoldCo), Osaic (f/k/a Advisor Group), Allspring Global Investments, CAIS, SEIA, <strong>Flagstar Financial</strong> (f/k/a New York Community Bank), Sunstar Insurance Group, Envestnet, Inc, and Eide Bailly. He formerly served on the board of directors for Kabbage, Diamond Resorts, Victory Capital, and Transact, among others. Phil …
    WAFD INCFlagstar Bank, National Association·PREM14A - Preliminary proxy statement (merger)·Q1 27·21 Oct
  • … ervices Group, Inc. Truist Financial Corporation First Citizens Bank Citizens Financial Group, Inc. Fifth Third Bancorp M&T Bank Corporation Huntington Bancshares Incorporated KeyCorp Regions Financial Corp. <strong>Flagstar Financial, Inc.</strong> Western Alliance Bancorporation Zions Bancorporation Webster Financial Corp First Horizon Corporation UMB Financial Corporation Old National Bancorp Wintrust Financial Corporation Columbia Banking System SouthS …
    Pinnacle Financial Partners, Inc.Flagstar Bank, National Association·EX-10.12 - 10-Q - Quarterly report Q1·Q1 26·5 May
  • 24 JPMorgan Chase & Co. NY 154 56,827,097 Comerica Inc. TX 137 37,633,212 <strong>Flagstar Financial</strong> Inc. NY 75 32,017,223 Huntington Bancshares Inc. OH 206 29,919,295 Bank of America Corp. NC 72 28,424,014 PNC Financial Services Group Inc. PA 96 18,078,812 Fifth Third Bancorp OH 126 16,524,410 Citizens Financial Group Inc. RI 64 6,464,061 Independent Bank Corp. MI 50 3,992,388 First National Bancshares Inc. MI 3 3,545,061 ChoiceOne Financial Services In …
    INDEPENDENT BANK CORP /MI/Flagstar Bank, National Association·EX-99.1 - 8-K - Regulation FD Disclosure·Q2 26·29 Apr
  • … mithKline Ellen G. Cooper Chairman, President and CEO Lincoln National Corporation William H. Cunningham Professor The University of Texas at Austin Reginald E. Davis Senior EVP and President of Consumer Banking <strong>Flagstar Financial, Inc.</strong> Eric G. Johnson Chairman of the Board Baldwin Richardson Foods Company Gary C. Kelly Chairman Emeritus Southwest Airlines Co. M. Leanne Lachman President Lachman Associates LLC Dale LeFebvre Founder and Ch …
    LINCOLN NATIONAL CORPFlagstar Bank, National Association·ARS - Annual report to security holders·FY25·16 Apr
  • … of approximately $9.4 million, of which $7.2 million was borrowed from First Citizens Bank (“FCB”) in a senior secured asset-based revolving line of credit, $1.2 million consists of outstanding equipment notes with <strong>Flagstar Financial</strong> & Leasing (“FFL”), $0.4 million consists of outstanding equipment notes with Manitowoc Finance (“MANF”) and $0.6 million of outstanding vehicle notes with Ford Motor Credit (“FMC”). In addition, Circle 8 has the abi …
    Hyperscale Data, Inc.Flagstar Bank, National Association·10-K - Annual report FY 2025·FY25·15 Apr
  • … 8% of the votes entitled to be cast with respect to shares 2025 PEER COMPANIES Ally Financial Inc. Capital One Financial Corporation Citizens Financial Group, Inc. Comerica Incorporated Fifth Third Bancorp <strong>Flagstar Financial, Inc.</strong> Huntington BancShares Incorporated KeyCorp M&T Bank Corporation The PNC Financial Services Group, Inc. Regions Financial Corporation Truist Financial Corporation present in person or by proxy, and which we …
    FIRST CITIZENS BANCSHARES INC /DE/Flagstar Bank, National Association·ARS - Annual report to security holders·FY25·23 Mar

Key Stats

Trading

Px/Chg 1D$11.57 / -1.11%
Avg Volume5.02M
Beta0.90
Mkt Cap4.82B
FD Mkt Cap5.57B

Float

Shrs Out/Float416.81M / 267.02M
Short Float0.14%
Days to Cover5.45
Stock Repurchased$0.00

Current Valuation

EV16.11B
EV/EBITDA162.74
EV/Sales3.55
P/B0.59
P/S1.06
FCF Yield-3.17%
ROE0.26%
ROA0.02%
Current Ratio0.00

Dividend

Cash$0.01
Yield28.45%
Yield (TTM)28.45%

Estimates

P/E-86.12
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgMar '23Mar '24May '25May '26Oct '26
PRICE-BASED RATIOS
Price / Earnings81.996.67-29.09-3.48206.17229.65
Price / Sales2.601.990.380.615.374.64
Price / Book Value0.510.490.270.480.730.59
Price / Free Cash Flow6.884.2411.6677.72-27.68-31.52
ENTERPRISE VALUE METRICS
Enterprise Value18,403.834,465.919,942.93,384.818,114.016,111.5
Enterprise Value / Sales10.2815.823.300.5316.2615.51
Enterprise Value / EBITDA135.6140.60173.42-2.83226.42240.47
Enterprise Value / EBIT109.2941.73-398.86-2.46402.53503.49

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue28%1,750.02,178.06,047.06,384.04,695.0
Gross Income7%1,347.01,349.02,800.01,491.01,766.0
EBITDA—827.0849.0115.0-1,194.0-50.0
EBIT—806.0826.0-50.0-1,378.0-198.0
Net Income—596.0650.0-79.0-1,118.0-177.0
EPS (Diluted)—3.593.77-0.49-3.49-0.51
BALANCE SHEET
Cash & ST Inv24.2%6,823.010,658.020,620.025,832.016,254.0
Total Assets10.1%59,527.090,144.0114,057.0100,160.087,512.0
Total Liabilities10.9%52,483.081,320.0105,690.091,993.079,368.0
Total Shareholder Equity3.7%7,044.08,824.08,367.08,167.08,144.0
CASH FLOW
Net Operating Cash Flow—290.01,026.0263.086.0-534.0
Cap Ex102.3%-4.0-3.0-66.0-36.0-67.0
Free Cash Flow—286.01,023.0197.050.0-601.0

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)10.38
Basic Shares416.82
Market Cap4,326.5
Diluted Shares0.00
Fully Diluted Shares Outstanding0.00
Fully Diluted Market Cap-
+Consolidated Debt-
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-382.0
−Short-term Investments-16,395.0
+Total Preferred1.0
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest-
+Pension Liabilities—
Enterprise Value3,945.5

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