FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG) FY2025 10-K Annual Report

Filed: Feb 27, 2026
Financials
Savings Institutions, Not Federally CharteredSEC EDGAR

FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 27, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

FLAGSTAR BANK, NATIONAL ASSOCIATION FY2025 10-K Analysis

Business Overview

  • Core business: National banking with $87.5B assets, $61.0B loans, $66.0B deposits, focused on retail, private banking, multi-family and commercial real estate loans
  • New structural shift: October 2025 reorganization eliminating holding company; Flagstar Bank became top-level public entity, no longer FRB-regulated holding company
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Management Discussion & Analysis

  • No revenue or net income figures stated; focus on allowance for credit losses (ACL) $1.0B as of Dec 31, 2025
  • No operating margin or profitability % disclosed; emphasis on complex ACL estimation models and assumptions
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Risk Factors

  • Regulatory risk from New York Housing Stability and Tenant Protection Act of 2019 impacting $13.9B (88%) of NY multi-family loans subject to rent regulation
  • Macroeconomic exposure to NYC metro area economy where majority of multi-family and CRE collateral worth $38.3B is located
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FLAGSTAR BANK, NATIONAL ASSOCIATION FY2025 Key Financial Metrics
XBRL

Revenue

$4.5B

-25.0% YoY

Net Income

-$177M

+84.2% YoY

Net Margin

-4.0%

+1482bp YoY

ROE

-2.2%

+1152bp YoY

Total Assets

$87.5B

-12.6% YoY

EPS (Diluted)

$-0.50

+85.7% YoY

Operating Cash Flow

-$181M

-310.5% YoY

Source: XBRL data from FLAGSTAR BANK, NATIONAL ASSOCIATION FY2025 10-K filing on SEC EDGAR. All figures in USD.

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