Flagstar Bank NA
flagstar.comWhat Do They Do?
Takes deposits, makes real estate and business loans, and offers banking and investment products to individuals, businesses, and high-net-worth clients.
10-K for FY2025, filed Feb 27, 2026The Bank currently operates approximately 340 locations across nine states, including strong footholds in the greater New York/New Jersey…View ↗
The market for the loans we originate varies, depending on the type of loan. For example, the vast majority of our multi-family loans are…View ↗
We compete for deposits and customers through multiple channels, including our retail branch network and our private banking locations as…View ↗
How Do They Make Money?
Its main income source is interest on loans and securities; it charges deposit service fees when customers request services and collects interchange fees when customers use its debit cards.
10-K for FY2025, filed Feb 27, 2026Net interest income is our primary source of income. The amount of our net interest income is a function of the amount of interest-earning…View ↗
Deposit account and other banking income - We charge depositors various deposit account service fees including those for outgoing wires…View ↗
Interchange income - We collect interchange fee income when debit cards that we have issued to our customers are used in merchant…View ↗
$4.5B
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10-K for FY2025, filed Feb 27, 2026
$4.5B ↗
Who Are Their Customers?
Individuals and businesses use its branches, private banking locations, ATMs and digital channels. It lends against rental apartment buildings and commercial properties, and makes commercial and industrial loans nationally to middle-market and mid-sized companies.
10-K for FY2025, filed Feb 27, 2026The Bank currently operates approximately 340 locations across nine states, including strong footholds in the greater New York/New Jersey…View ↗
The market for the loans we originate varies, depending on the type of loan. For example, the vast majority of our multi-family loans are…View ↗
We compete for deposits and customers through multiple channels, including our retail branch network and our private banking locations as…View ↗
Do Revenues Turn Into Profits?
No. It lost $177M in FY2025.
10-K for FY2025, filed Feb 27, 2026
10-K for FY2025, filed Feb 27, 2026
−$177MView ↗
How Are They Changing?
Growing. Revenue grew 194.2x in 4 years, from $23M in FY2021 to $4.5B in FY2025, about 273% a year.
Mortgage and warehouse lending
The older report described mortgage originations and servicing and warehouse lending as national businesses; the latest says it sold its mortgage third-party origination and servicing businesses and its warehouse lending portfolio.
10-K for FY2022, filed Mar 1, 2023 10-K for FY2025, filed Feb 27, 2026New York Community Bancorp, Inc. has market-leading positions in several national businesses, including multi-family lending, mortgage…View ↗
For the year ended December 31, 2025, NIM decreased by 6 basis points and NII decreased $431 million compared to the corresponding period…View ↗
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