Flagstar Bank, N.A.

Flagstar Bank, N.A. is the 36th-largest bank in the United States, with $87.4 billion in assets at September 30, 2026, down 4.6% from a year earlier. It is headquartered in Hicksville, New York, and operates 345 domestic branches. It earns about $0.05 a year on every $100 of assets, a small fraction of the median of $1.31 for the 124 banks with $10 billion to $100 billion in assets. It also spends about 83 cents to bring in each dollar of revenue, higher than about 9 in 10 banks its size (median 53 cents).

Problem loans eased: loans on nonaccrual or 90 or more days past due, net of government guarantees, were 4.71% of loans, down from 5.18% a year earlier. Unrealized losses on its securities total $1.2 billion, equal to 14% of Tier 1 capital, against 7% a year earlier. Its margin is thin by comparison: it keeps 2.20 cents of net interest income on every dollar of earning assets, lower than about 9 in 10 banks its size (median 3.67 cents).

As of September 30, 2026, Flagstar Bank, N.A. reported a CET1 capital ratio of 12.38%, a return on assets of 0.05%, a nonperforming-loan ratio of 4.98% and a Texas ratio of 35.73%. The figures come from its call report filed with the FFIEC.