Welcome to our dedicated page for FLAGSTAR BANK, NATIONAL ASSOCIATION SEC filings (Ticker: FLG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Flagstar Bank, National Association filings document the bank's public-company reporting as a national bank with NYSE-listed common stock, Bifurcated Option Note Unit Securities, and depositary shares tied to Series A noncumulative perpetual preferred stock. Current reports record quarterly operating results, Regulation FD presentations, annual-meeting notices, and board changes.
Proxy materials cover director elections, governance, executive compensation, shareholder meeting procedures, and pay-versus-performance disclosures. The filing record also identifies capital-structure matters for common and preferred securities, material-event exhibits, and risk-related disclosure categories tied to the bank's regional banking, lending, deposit, and funding activities.
Picton Mahoney Asset Management, a Canadian investment fund manager, reported beneficial ownership of Flagstar Bank, National Association’s Fixed-to-Floating Rate Series A Noncumulative Perpetual Preferred Stock on a Schedule 13G. The position totals 1,040,009 shares, representing 5.05% of this preferred class.
Picton Mahoney has sole voting and sole dispositive power over all 1,040,009 shares, with no shared voting or dispositive power. The filing notes that the percentage is based on 416,815,122 outstanding shares as of April 30, 2026, as disclosed by the issuer. The certification is signed by Ahsan Ahmed, Chief Compliance Officer, on August 11, 2026.
Hudson Bay Capital Management LP and Sander Gerber report beneficial ownership of Flagstar Bank, National Association common stock on a passive basis. They report beneficial ownership of 9,734,256 shares of common stock, representing 2.34% of the class, with no sole voting or dispositive power and shared voting and dispositive power over all such shares.
The ownership percentage is based on 416,815,122 shares of common stock outstanding as of June 18, 2026, as reported by the company. Mr. Gerber disclaims beneficial ownership of the securities held through the investment entities managed by Hudson Bay.
Flagstar Bank, National Association reported net income of $34 million for the quarter ended June 30, 2026 and $55 million for the first six months of 2026, compared with a net loss of $170 million a year earlier. Net income attributable to common stockholders was $39 million year-to-date, or $0.08 per diluted share. Net interest income rose to $883 million for the first half as net interest margin increased to 2.14% from 1.77%, helped by lower funding costs and reduced higher‑cost deposits and borrowings. The provision for credit losses fell to $18 million from $143 million, and non‑interest expense declined to $916 million from $1,045 million, reflecting lower FDIC insurance, compensation and general expenses and the absence of merger‑related costs.
As of June 30, 2026, Flagstar had $87.7 billion of assets, $61.2 billion of loans, $67.5 billion of deposits, and stockholders’ equity of $8.1 billion. The loan mix shifted toward commercial and industrial lending, which increased 22% to $18.6 billion, while multi‑family and commercial real estate balances fell 7% and 11%, respectively. Non‑accrual loans decreased to $2.8 billion, or 4.59% of total loans, and non‑performing assets were 3.20% of total assets; 30–89 day delinquencies declined 63%, although $51 million of loans were 90 days or more past due and still accruing. The allowance for credit losses was $869 million, or 1.42% of total loans. Flagstar noted credit risk from New York City rent regulation, with $12.8 billion of multi‑family loans secured by rent‑regulated properties, and is reducing this concentration. Capital remained strong, with a common equity tier 1 ratio of 13.16% and total risk‑based capital of 16.58%, while total liquidity of $27.2 billion exceeded uninsured deposits of $14.5 billion by $12.7 billion.
Flagstar Bank, N.A. reported second quarter 2026 net income of $34 million, with net income attributable to common stockholders of $26 million or $0.06 per diluted share, compared with a net loss attributable to common stockholders of $78 million or $(0.19) per share a year earlier. Adjusted net income attributable to common stockholders was $23 million or $0.05 per share. Pre-provision net revenue rose to $66 million (adjusted $62 million), helped by higher non-interest income and a 3% decline in operating expenses, while net interest margin was relatively stable at 2.13%.
Total loans and leases held for investment were $60,987 million at June 30, 2026, including a $2.0 billion (12%) quarter-over-quarter increase in C&I loans to $18.6 billion, and total deposits increased to $67,521 million, with core deposits up $644 million. Credit trends were mixed: criticized and substandard loans declined, but non-accrual loans rose 5% quarter over quarter and net charge-offs reached $100 million, or 0.66% of average loans. The total allowance for credit losses was $925 million, or 1.52% of total loans held for investment. Capital remained strong with a common equity tier 1 ratio of 13.16% and an estimated $1.6 billion of excess capital. The board authorized a common stock repurchase program for up to $250 million over 12 months, and management provided 2026–2027 guidance including diluted adjusted EPS of $0.40–$0.50 for 2026 and $1.60–$1.70 for 2027.
FLAGSTAR BANK, NATIONAL ASSOCIATION executive Bryan Marx, EVP & Principal Accounting Officer, reported a tax-withholding disposition of 1,259 shares of common stock on July 15, 2026. The shares were surrendered to the issuer to cover tax obligations when restrictions on previously awarded stock lapsed. Marx now holds 88,664 shares directly, including restricted stock units that will vest over time.
Flagstar Bank, N.A. reports that shareholders approved all proposals at the 2026 annual meeting, including an amendment to the 2020 Omnibus Incentive Plan that increases common shares reserved for equity awards by 12,000,000. Eight directors were elected to one-year terms, KPMG LLP was ratified as independent auditor for the year ending December 31, 2026, and a non-binding advisory vote approved compensation for named executive officers. About 347,190,027 shares were represented, and the bank notes that nearly 90% of total shares outstanding were voted. Flagstar highlights progress in financial performance, risk management, and governance, and reports March 31, 2026 balances of $87.1 billion in assets, $60.7 billion in loans, $66.8 billion in deposits, and $8.1 billion in total stockholders’ equity.
FLAGSTAR BANK, NATIONAL ASSOCIATION executive chairman and CEO Joseph M. Otting reported an equity compensation award of common stock. He acquired 749,625 shares of Common Stock on May 18, 2026 at a stated price of $0.00 per share, reflecting a grant or award rather than an open-market purchase.
Following this award, Otting directly holds 1,041,499 shares of Common Stock. A footnote explains that the reported holdings include service-based restricted stock units that will vest into shares of Flagstar’s common stock over time, highlighting that part of his position is tied to continued service and future vesting.
Flagstar Bank, N.A. has extended Executive Chairman and CEO Joseph Otting’s employment agreement in his CEO role through March 6, 2028 and made several leadership changes. Otting will remain Executive Chairman and CEO but relinquish the President title, while Richard Raffetto and Lee Smith become Co-Presidents and Co-Chief Operating Officers with expanded responsibilities across commercial, consumer and operational functions. Smith continues as Chief Financial Officer. Bao Nguyen is named Chief Legal Officer and Chief Operating Officer for Consumer and Retail Banking, with Peter Sullivan becoming General Counsel and Sydney Menefee moving to Chief Audit Executive. Otting’s amended agreement raises his base salary to $1,400,000 from March 6, 2027, sets target annual cash bonuses of $2,250,000 for 2026 and $2,500,000 for 2027, and grants $10,000,000 in restricted stock units vesting quarterly from March 6, 2027 to March 6, 2028. If he resigns for good reason or is terminated without cause before that date, he is entitled to a severance payment equal to two times his base salary and target bonus, plus an additional payment equal to one times his base salary and bonus in effect immediately before March 6, 2028 in exchange for post-employment restrictive covenants. The company highlights these moves as supporting its long-term strategic plan and executive succession planning.
Flagstar Bank, National Association reported net income of $21 million for the quarter ended March 31, 2026, compared with a net loss of $100 million a year earlier. Earnings attributable to common stockholders were $13 million, or $0.03 per diluted share, versus a loss of $0.26 per share.
Net interest income rose to $443 million from $410 million, and net interest margin improved to 2.15% from 1.74%, helped by paydowns of higher-cost deposits and borrowings and reinvestment into higher-yielding assets. The provision for credit losses was zero, down from $79 million a year ago, reflecting reductions in higher-risk multifamily and commercial real estate portfolios and lower net charge-offs.
Non-interest income declined to $55 million from $80 million, mainly due to a $9 million loss on the investment in Figure Technology Solutions and lower loan sale gains. Non-interest expense fell to $466 million from $532 million on lower FDIC insurance, compensation, and merger-related costs.
At March 31, 2026, Flagstar had $87.1 billion of assets, $60.7 billion of loans, $66.8 billion of deposits, and $8.1 billion of stockholders’ equity. Non-accrual loans were $2.68 billion, or 4.43% of loans, down 10% from year-end, largely due to resolving a single large bankruptcy. The common equity tier 1 capital ratio was a strong 13.23%, and total liquidity of $27.3 billion exceeded $13.6 billion of uninsured deposits.
Flagstar Bank, N.A. filed its Form 10-K for the fiscal year ended December 31, 2025, reporting that the Bank had $87.5 billion of assets, $61.0 billion of loans, $66.0 billion of deposits, and $8.1 billion of total stockholders’ equity as of December 31, 2025. The Bank completed an internal corporate reorganization effective October 17, 2025, becoming the top-level publicly traded entity and succeeding Flagstar Financial, Inc.
The filing describes regulatory status as a national bank supervised by the OCC, continued obligations under Basel III capital standards (the Bank reports capital ratios above "well capitalized" thresholds), various regulatory developments, climate and AML/CFT risk programs, a workforce of 5,631 employees, and certain one-time items including an accrual of $46 million for the FDIC special assessment. Share data: aggregate market value of non-affiliate common stock was $3.2 billion as of June 30, 2025, and shares outstanding were 415,993,081 as of January 31, 2026.