FLAGSTAR FINANCIAL, INC. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS

Rhea-AI Summary

Flagstar Financial (NYSE: FLG) has declared its quarterly cash dividends for both common and preferred stockholders. The company announced a $0.01 per share dividend on common stock, payable June 17, 2025, to stockholders of record as of June 7, 2025.

Additionally, preferred stock dividends were declared:

• Series A preferred stock: $15.94 per share ($0.3984 per depositary share)
• Series B preferred stock: $3.3333 per share
• Series D preferred stock: $3.3333 per share

As of March 31, 2025, Flagstar reported total assets of $97.6 billion, loans of $67.1 billion, deposits of $73.9 billion, and stockholders' equity of $8.2 billion. The bank operates approximately 400 locations across nine states, focusing on the New York/New Jersey metro area, upper Midwest, Florida, and West Coast.

Positive

• Strong asset base of $97.6 billion
• Healthy loan portfolio of $67.1 billion
• Substantial deposit base of $73.9 billion
• Robust stockholders' equity of $8.2 billion
• Wide geographic presence with 400 locations across nine states

Negative

• Low common stock dividend of $0.01 per share indicates conservative cash distribution policy

HICKSVILLE, N.Y., April 25, 2025 /PRNewswire/ -- Flagstar Financial, Inc. (NYSE: FLG) (the "Company") today announced that its Board of Directors declared a quarterly cash dividend of $0.01 per share on the Company's common stock.  The dividend is payable on June 17, 2025, to common stockholders of record as of June 7, 2025.

In addition, the Board of Directors declared quarterly cash dividends on three series of its preferred stock.

• A quarterly cash dividend on its Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock, Series A (NYSE: FLG PRA) at the rate of $15.94 per preferred share, which equates to $0.3984 for each depositary share. Each depositary share represents a 1/40th ownership interest in a share of the Series A preferred stock. The dividend is payable on June 17, 2025, to holders of record of Series A preferred stock as of June 7, 2025.
  
  
• A quarterly cash dividend on its Series B Noncumulative Convertible Preferred Stock of $3.3333 per share. The dividend is payable on June 17, 2025, to holders of record of Series B preferred stock as of June 7, 2025.
  
  
• A quarterly cash dividend on its Series D Non-Voting Common Equivalent Stock of $3.3333 per share. The dividend is payable on June 17, 2025, to holders of record of Series D preferred stock as of June 7, 2025.

About Flagstar Financial, Inc.

Flagstar Financial, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the country. The Company is headquartered in Hicksville, New York. At March 31, 2025, the Company had $97.6 billion of assets, $67.1 billion of loans, deposits of $73.9 billion, and total stockholders' equity of $8.2 billion. Flagstar Bank, N.A. operates approximately 400 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.

Investor Contact:
Salvatore J. DiMartino
(516) 683-4286

Media Contact:   
Steven Bodakowski
(248) 312-5872

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SOURCE Flagstar Financial, Inc.

FAQ

What is the dividend amount for Flagstar Financial (FLG) common stock in Q2 2025?

Flagstar Financial declared a quarterly dividend of $0.01 per share for common stockholders, payable on June 17, 2025.

When is the record date for FLG's Q2 2025 dividend payment?

The record date for Flagstar Financial's Q2 2025 dividend is June 7, 2025, for both common and preferred stockholders.

What are Flagstar Financial's (FLG) key financial metrics as of March 2025?

As of March 31, 2025, Flagstar had assets of $97.6B, loans of $67.1B, deposits of $73.9B, and total stockholders' equity of $8.2B.

How much is FLG's Series A preferred stock dividend for Q2 2025?

The Series A preferred stock dividend is $15.94 per share, equivalent to $0.3984 per depositary share.

How many locations does Flagstar Financial (FLG) operate?

Flagstar operates approximately 400 locations across nine states, primarily in NY/NJ metro area, upper Midwest, Florida, and West Coast.