Welcome to our dedicated page for Flagstar Bank, National Association news (Ticker: FLG), a resource for investors and traders seeking the latest updates and insights on Flagstar Bank, National Association stock.
Flagstar Bank, National Association reports regional banking developments for its NYSE-listed common stock under FLG. The bank provides consumer and commercial banking, mortgage lending, private banking, and wealth management through a branch and private-client presence concentrated in the New York/New Jersey metropolitan region, the upper Midwest, Florida, and West Coast markets.
Recurring updates cover quarterly results, loan and deposit trends, credit quality, commercial real estate exposure, capital ratios, common and preferred stock dividends, credit-rating actions, board appointments, investor presentations, technology infrastructure modernization, and private banking office expansion.
Flagstar Bank (NYSE:FLG) has appointed Brett Mitstifer as Executive Vice President and Chief Investment Officer of Private Banking & Wealth Management. With over 30 years of experience, Mitstifer joins from HSBC Private Bank where he managed $8.5 billion in assets.
The appointment comes as Flagstar's Private Banking and Wealth Management division expands significantly, with new Private Client Offices opening in Palm Beach and planned locations in San Francisco, New York's Park Avenue, and Beverly Hills. As of June 30, 2025, Flagstar Financial reported total assets of $92.2 billion, loans of $64.4 billion, deposits of $69.7 billion, and stockholders' equity of $8.1 billion.
[ "Strategic expansion with new Private Client Offices in key wealthy markets", "Appointment of experienced CIO who previously managed $8.5B in assets", "Strong financial position with $92.2B in total assets", "Significant market presence with 360 locations across nine states" ]Flagstar Financial, Inc. (NYSE: FLG) announced its participation in the Barclays 23rd Annual Global Financial Services Conference in New York City on September 9, 2025. Key executives including CEO Joseph Otting, CFO Lee Smith, and Commercial & Private Banking President Richard Raffetto will present at 2:00 p.m. ET.
The Company, parent of Flagstar Bank, N.A., reported strong financial metrics as of June 30, 2025, including $92.2 billion in assets, $64.4 billion in loans, $69.7 billion in deposits, and $8.1 billion in stockholders' equity. The bank operates approximately 360 locations across nine states, with significant presence in the New York/New Jersey metro area, Midwest, Florida, and West Coast.
Flagstar Financial, Inc. (NYSE: FLG) has announced its Special Meeting of Shareholders will be held virtually on October 15, 2025, at 10:00 a.m. Eastern Time. The record date for voting eligibility has been set as August 18, 2025.
The company, parent of Flagstar Bank, N.A., reported significant financial metrics as of June 30, 2025, including $92.2 billion in assets, $64.4 billion in loans, $69.7 billion in deposits, and $8.1 billion in total stockholders' equity. The bank operates approximately 360 locations across nine states, with strong presence in the New York/New Jersey metro area, upper Midwest, Florida, and West Coast.
The Special Meeting follows several major corporate events, including the December 2022 merger with Flagstar Bancorp, the March 2023 FDIC-assisted acquisition of former Signature Bank assets, and a $1.05 billion capital raise in March 2024.
Flagstar Bank (NYSE:FLG) has announced the opening of a new Private Client Office in Palm Beach, Florida, located at 230 Royal Palm Way. The ground-floor facility features private meeting suites and a dedicated corporate office floor, designed to serve high-net-worth individuals, business owners, and family offices.
The office is led by Michele Celestino, EVP and Head of Private Banking, Southeast, alongside a team of former First Republic bankers. The expansion strengthens Flagstar's presence in South Florida, complementing its existing commercial and corporate banking operations in Miami. As of June 30, 2025, Flagstar Financial reported $92.2 billion in assets, $64.4 billion in loans, $69.7 billion in deposits, and $8.1 billion in total stockholders' equity.
Flagstar Financial (NYSE: FLG) has declared quarterly cash dividends for its common and preferred stocks. The company announced a common stock dividend of $0.01 per share, payable on September 17, 2025, to stockholders of record as of September 7, 2025.
Additionally, the bank declared dividends for three preferred stock series: Series A at $15.94 per share ($0.3984 per depositary share), Series B at $3.3333 per share, and Series D at $3.3333 per share. As of June 30, 2025, Flagstar reported $92.2 billion in assets, $64.4 billion in loans, and $69.7 billion in deposits.
Flagstar Financial (NYSE:FLG) reported a Q2 2025 net loss of $0.19 per diluted share, with an adjusted net loss of $0.14 per share. The company showed significant improvement from Q1 2025's loss of $0.26 per share and Q2 2024's loss of $1.14 per share.
Key highlights include: 57% increase in C&I loan originations to $1.2 billion, 9% reduction in criticized assets, and a 5% decrease in adjusted operating expenses. The company reduced CRE exposure by $2.4 billion (5%) compared to Q1'25 and maintained a strong CET1 capital ratio of 12.33%.
Flagstar announced plans to eliminate its bank holding company structure and expects to return to profitability by Q4 2025. The company's total assets decreased to $92.2 billion, down 6% from Q1'25, while maintaining a net interest margin of 1.81%, up 7 basis points quarter-over-quarter.
Flagstar Financial (NYSE: FLG) announced plans to merge its holding company into Flagstar Bank, N.A., with the Bank becoming the surviving entity. The reorganization aims to reduce costs, simplify organizational structure, and streamline operations while maintaining the same NYSE ticker symbol "FLG".
The company, with $97.6 billion in assets, $67.1 billion in loans, and $73.9 billion in deposits as of March 31, 2025, expects to complete the reorganization before year-end, subject to regulatory and shareholder approval. The Bank operates approximately 400 locations across nine states, with strong presence in New York/New Jersey, the Midwest, Florida, and the West Coast.
Flagstar Bank (NYSE: NYCB) announced a major expansion of its Specialized Industries Group, marking a significant milestone in its transformation strategy. The group now comprises 12 distinct industry verticals, including seven newly launched sectors, focusing on specialized debt finance and banking services.
Led by Adam Feit, EVP and Head of Specialized Industries & Capital Markets, the expansion introduces expert leadership across key verticals including Subscription Finance, Technology Media & Communications, Entertainment, Sports, Power & Renewables, Oil & Gas, and Insurance. Each vertical is headed by industry veterans with extensive experience in their respective sectors.
As of March 31, 2025, Flagstar reported $97.6 billion in assets, $67.1 billion in loans, $73.9 billion in deposits, and $8.2 billion in total stockholders' equity. The bank operates approximately 400 locations across nine states.
Flagstar Financial (NYSE: FLG) has scheduled its second quarter 2025 earnings release for July 25, 2025 at 6:00 a.m. ET. The company will host a conference call at 8:00 a.m. ET, featuring CEO Joseph M. Otting and CFO Lee Smith discussing the quarterly performance.
As of March 31, 2025, Flagstar reported significant financial metrics: $97.6 billion in assets, $67.1 billion in loans, $73.9 billion in deposits, and $8.2 billion in total stockholders' equity. The bank operates approximately 400 locations across nine states, with strong presence in the New York/New Jersey metro area, upper Midwest, Florida, and West Coast.