SequelSEC

FLAGSTAR BANK, NATIONAL ASSOCIATION FLG

Savings Institutions, Not Federally Chartered · CIK 0000910073 · Fiscal year ends 1231 · Bank

Revenue
$27.00M
Fiscal year ended 2022-12-31
Net income
$650.00M
Fiscal year ended 2022-12-31
Total assets
$90.14B
Fiscal year ended 2022-12-31

FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG) reported revenue of $27.00M and net income of $650.00M for the fiscal year ended 2022-12-31. This page shows 7 annual periods of income statement, balance sheet and cash flow figures normalized from FLAGSTAR BANK, NATIONAL ASSOCIATION’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Savings Institutions, Not Federally Chartered.

Banks, brokers and insurers present a top line that is not comparable with an operating company’s revenue: it is reported net of interest expense, or as premiums earned, depending on the filer. The figures are the filer’s own and are traceable to the filing; the comparison across classes is what does not hold.

Income

FLAGSTAR BANK, NATIONAL ASSOCIATION income by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$27.00M$23.00M$22.00M$29.00M$29.76M$31.76M$32.66M
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profitUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Net income$650.00M$596.00M$511.00M$395.00M$422.42M$466.20M$495.40M
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesshares 161.71Mshares 464.63Mshares 463.28Mshares 465.66Mshares 487.29Mshares 487.07Mshares 485.15M
Pretax income$826.00M$806.00M$588.00M$523.00M$557.67M$668.22M$777.13M
Income tax expense$176.00M$210.00M$77.00M$128.00M$135.25M$202.01M$281.73M
Diluted EPS$3.77$1.20$1.02$0.77$0.79$0.90$1.01
Selling, general & administrative$158.00M$127.00M$124.00M$120.00M$129.02M$178.56M$187.56M
General & administrative$158.00M$127.00MUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

FLAGSTAR BANK, NATIONAL ASSOCIATION balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Cash & equivalents$2.03B$2.21B$1.95B$742.00M$1.48B$2.53B$557.85M
Total assets$90.14B$59.53B$56.31B$53.64B$51.90B$49.12B$48.93B
Current assetsUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total liabilities$81.32B$52.48B$49.46B$46.93B$45.24B$42.33B$42.80B
Current liabilitiesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Total equity incl. NCI$8.82B$7.04B$6.84B$6.71B$6.66B$6.80B$6.12B
Temporary (mezzanine) equity$0$0UnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Goodwill$2.43B$2.43B$2.43B$2.43B$2.44B$2.44B$2.44B
Long-term debt$21.33BUnavailableUnavailable$295.07M$294.70MUnavailableUnavailable
Accounts payableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Cash flow

FLAGSTAR BANK, NATIONAL ASSOCIATION cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Operating cash flow$1.03B$290.00M$334.00M$510.00M$540.36M$1.33B$755.65M
Capital expendituresUnavailableUnavailableUnavailableUnavailable$9.85M$27.78M$84.18M
Investing cash flow-$6.32B-$2.76B-$1.02B-$2.06B-$4.02B$1.06B$1.22B
Financing cash flow$5.17B$2.74B$1.90B$816.00M$2.43B-$418.13M-$1.95B
Net change in cash-$129.00M$263.00MUnavailableUnavailable-$1.05B$1.97B$20.18M
Stock-based compensation$29.00M$31.00M$29.00M$32.00M$36.26M$36.03M$32.66M
Common dividends paid$317.00M$316.00M$316.00M$317.00M$333.06M$332.15M$330.81M
Common share repurchases$7.00M$0$50.00M$67.00M$160.77M$18.46M$8.68M
Depreciation & amortization$18.00M$21.00M$24.00M$27.00M$32.32M$32.80M$32.81M

Derived

FLAGSTAR BANK, NATIONAL ASSOCIATION derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$671.47M
Gross marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Operating marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable2055.6%
SBC / revenueUnavailableUnavailable131.8%110.3%121.8%113.4%100.0%
Current ratioUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Revenue YoY growth17.4%4.5%-24.1%-2.6%-6.3%-2.8%Unavailable
Net marginUnavailableUnavailable2322.7%1362.1%1419.2%1467.9%1516.6%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable257.7%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate21.3%26.1%13.1%24.5%24.3%30.2%36.3%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open FLG in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-K · Filed 2026-02-27View SEC filing
10-Q · Filed 2025-11-06View SEC filing
10-Q · Filed 2025-08-07View SEC filing
10-K · Filed 2025-03-04View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.