FLG · XBRL financial data
Flagstar Bank, National Association financial statements, every fiscal year
The same tables from 8 filings, lined up. Matched by XBRL tag: renamed lines keep their history.
How these numbers work
- Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
- Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
- * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
- 0 means a filing states zero; a dash (—) means no filing states that number.
- “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
- Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
- Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
- Shares outstanding come from each filing's cover page, as of the date printed there.
- Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.
Income statement
CSVFiscal years (FLG's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Revenue from contracts with customers | 22 | 23 | 27 | — | — | — |
| Selling, general and administrative | 124 | 127 | 158 | — | — | — |
| General and administrative | — | 127 | 158 | 750 | 809 | 307 |
| Total operating expenses | 511 | 518 | 604 | — | — | — |
| Interest expense | 608 | 400 | 696 | 2,414 | — | — |
| Income tax expense (benefit) | 77 | 210 | 176 | 29 | (260) | (21) |
| Net income (loss) | 511 | 596 | 650 | (79) | (1,118) | (177) |
| Earnings per share, basic‡ USD per share | 3.06 | 3.60 | 3.78 | (0.48) | (3.49) | (0.50) |
| Earnings per share, diluted‡ USD per share | 3.06 | 3.60 | 3.78 | (0.48) | (3.49) | (0.50) |
| Weighted average shares, basic‡ millions of shares | 154 | 155 | 161 | 238 | 331 | 415 |
| Weighted average shares, diluted‡ millions of shares | 154 | 155 | 162 | 238 | 331 | 415 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-3.0003000300030003 stock split (July 2024); filings made before it reported them unadjusted.
Balance sheet
CSVFiscal years (FLG's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 1,948 | 2,211 | 2,032 | 11,475 | 15,430 | 5,977 |
| Short-term investments | — | — | 9,074 | 9,159 | 10,416 | — |
| Property and equipment, net | 287 | 270 | 491 | 652 | 562 | 477 |
| Right-of-use asset | 267 | 249 | 119 | 426 | 416 | 380 |
| Goodwill | 2,426 | 2,426 | 2,426 | 0 | 0 | — |
| Total assets | 56,306 | 59,527 | 90,144 | 114,057 | 100,160 | 87,512 |
| Total deposits | 32,437 | 35,059 | 58,721 | 81,526 | 75,870 | 66,000 |
| Total liabilities | 49,464 | 52,483 | 81,320 | 105,690 | 91,992 | 79,368 |
| Retained earnings (accumulated deficit) | 494 | 741 | 1,041 | 443 | (763) | (988) |
| Total stockholders' equity | 6,842 | 7,044 | 8,824 | 8,367 | 8,167 | 8,143 |
| Total liabilities and equity | 56,306 | 59,527 | 90,144 | 114,057 | 100,160 | 87,512 |
| Common shares outstanding (cover page)‡ millions of shares | 155 | 156 | 228 | 266 | 415 | 416 |
- ‡ Per-share figures and share counts are adjusted for the 1-for-3.0003000300030003 stock split (July 2024); filings made before it reported them unadjusted.
Cash flows
CSVFiscal years (FLG's year ends in late December)
| In millions of dollars | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 |
|---|---|---|---|---|---|---|
| Net income (loss) | 511 | 596 | 650 | (79) | (1,118) | (177) |
| Stock-based compensation | 29 | 31 | 29 | 47 | 54 | 61 |
| Depreciation and amortization | — | — | — | 165 | 184 | 148 |
| Net cash from operating activities | 334 | 290 | 1,026 | 263 | 86 | (181) |
| Net cash from investing activities | (1,025) | (2,762) | (6,323) | 20,673 | 15,453 | 2,687 |
| Proceeds from issuing common stock | — | — | 0 | 0 | 1,004 | 0 |
| Share repurchases | 50 | 0 | 7 | 0 | 0 | — |
| Dividends paid | 316 | 316 | 317 | 486 | 53 | 15 |
| Proceeds from long-term debt | 6,925 | 2,072 | 9,479 | 19,850 | 28,236 | 4,000 |
| Repayments of long-term debt | 6,550 | 2,544 | 13,960 | 19,374 | 30,837 | 6,500 |
| Net cash from financing activities | 1,897 | 2,735 | 5,168 | (11,409) | (11,589) | (12,088) |
| Net change in cash | — | 263 | (129) | 9,527 | 3,950 | (9,582) |
Compare with peers
SIC 6036 and related industry codes, similar size. Each row is the latest quarter reported.
How peers are chosen
- SIC 6036 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
- Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
- * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
- A cell reading “not reported” means the filings give no figure for that quarter alone.
| Company | Cash ($M) | Revenue, quarter ($M) | Operating cash flow, quarter ($M) | Shares outstanding | Quarter |
|---|---|---|---|---|---|
| Flagstar Bank, National Association | 5,180 | not reported | 226* | 415.1M | 10-QJun 30, 2026 |
| Axos Financial | 1,634 | not reported | 295 | 56.7M | 10-QSep 30, 2026 |
| Eastern Bankshares | 256 | 39 | 155* | 228.5M | 10-QJun 30, 2026 |
| BankUnited | 368 | not reported | 129* | 71.2M | 10-QJun 30, 2026 |
| Provident Financial Services | 228 | 20 | 119* | 130.4M | 10-QJun 30, 2026 |
| Beacon Financial | 1,216 | not reported | 64* | 83.8M | 10-QJun 30, 2026 |
| Heritage Financial | 204 | not reported | 23* | 40.9M | 10-QJun 30, 2026 |
| Capitol Federal Financial | 136 | not reported | 17* | 125.7M | 10-QJun 30, 2026 |
| TFS Financial | 569 | not reported | 33* | 280.4M | 10-QJun 30, 2026 |
Not investment advice. Not affiliated with the U.S. SEC.
