FLAGSTAR BANK, NATIONAL ASSOCIATION
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | — | — | — | $27.0M | $23.0M |
| Selling, general & administrative | — | — | — | $158.0M | $127.0M |
| Operating expenses | — | — | — | $604.0M | $518.0M |
| Interest expense | — | — | $2.4B | $696.0M | $400.0M |
| Pretax income | -$198.0M | -$1.4B | -$50.0M | $826.0M | $806.0M |
| Income tax expense | -$21.0M | -$260.0M | $29.0M | $176.0M | $210.0M |
| Net income | -$177.0M | -$1.1B | -$79.0M | $650.0M | $596.0M |
| Balance Sheet | |||||
| Cash and equivalents | — | $15.4B | $11.5B | $2.0B | $2.2B |
| Total assets | $87.5B | $100.2B | $114.1B | $90.1B | $59.5B |
| Total liabilities | $79.4B | $92.0B | $105.7B | $81.3B | $52.5B |
| Total debt | $12.2B | $14.4B | — | $21.3B | $16.6B |
| Stockholders' equity | $8.1B | $8.2B | $8.4B | $8.8B | $7.0B |
| Cash Flow Statement | |||||
| Cash from operations | -$181.0M | $86.0M | $263.0M | $1.0B | $290.0M |
| Depreciation and amortization | $148.0M | $184.0M | $165.0M | $18.0M | $21.0M |
| Stock-based compensation | $61.0M | $54.0M | $47.0M | $29.0M | $31.0M |
| Dividends paid | $15.0M | $53.0M | $486.0M | $317.0M | $316.0M |
| Share repurchases | $10.0M | $0 | $0 | $7.0M | $0 |
| Impairments | $0 | $0 | $2.4B | $0 | $0 |
Shares outstanding 416.8M · Free float 41.9%
Annual filing data through FY ended December 31, 2025; float as of July 11, 2026.