FLAGSTAR BANK, N.A. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS
Rhea-AI Summary
Flagstar Bank (NYSE: FLG) declared a quarterly cash dividend of $0.01 per share on its common stock, payable September 17, 2026, to shareholders of record on September 7, 2026. The Board also approved quarterly dividends on Series A, B and D preferred/convertible shares.
According to Flagstar Bank, Series A Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock (NYSE: FLG PRA) will receive $15.94 per preferred share, or $0.3984 per depositary share. Series B Noncumulative Convertible Preferred Stock and Series D Non-Voting Common Equivalent Stock will each receive $3.3333 per share, all payable September 17, 2026, to holders of record on September 7, 2026. At June 30, 2026, the Bank reported $87.7 billion in assets, $61.2 billion in loans, $67.5 billion in deposits and $8.1 billion in total stockholders' equity.
Positive
- $0.01 quarterly common dividend per FLG share, payable September 17, 2026
- Series A preferred dividend of $15.94 per share, or $0.3984 per depositary share
- Series B preferred dividend of $3.3333 per share, payable September 17, 2026
- Series D non-voting common equivalent dividend of $3.3333 per share
- Reported total assets of $87.7 billion at June 30, 2026
- Total stockholders' equity of $8.1 billion as of June 30, 2026
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
per preferred share, which equates to$15.94 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 September 17, 2026, to holders of record of Series A preferred stock as of September 7, 2026.$0.3984 - A quarterly cash dividend on its Series B Noncumulative Convertible Preferred Stock of
per share. The dividend is payable on September 17, 2026, to holders of record of Series B preferred stock as of September 7, 2026.$3.3333 - A quarterly cash dividend on its Series D Non-Voting Common Equivalent Stock of
per share. The dividend is payable on September 17, 2026, to holders of record of Series D preferred stock as of September 7, 2026.$3.3333
Flagstar Bank, N.A.
Flagstar Bank, N.A. is one of the largest regional banks in the country and is headquartered in
Investor Contact:
Salvatore J. DiMartino
(516) 683-4286
Media Contact:
Jessica Torchia
(248) 312-6451
View original content to download multimedia:https://www.prnewswire.com/news-releases/flagstar-bank-na-declares-quarterly-cash-dividends-on-its-common-stock-and-preferred-stocks-302834755.html
SOURCE Flagstar Bank, N.A.