Core Viewpoint - Flagstar Financial, Inc. has declared a quarterly cash dividend of $0.01 per share on its common stock, payable on March 17, 2025, to stockholders of record as of March 7, 2025 [1] Group 1: Company Overview - Flagstar Financial, Inc. is the parent company of Flagstar Bank, N.A., one of the largest regional banks in the United States, headquartered in Hicksville, New York [2] - As of December 31, 2024, the company reported total assets of $100.2 billion, loans amounting to $69.2 billion, deposits of $75.9 billion, and total stockholders' equity of $8.2 billion [2] Group 2: Operations and Market Presence - Flagstar Bank operates 418 branches, with a strong presence in the Northeast and Midwest, and locations in high-growth markets in the Southeast and West Coast [3] - The bank has approximately 80 private banking teams across over 10 cities in the metropolitan New York City region and on the West Coast, catering to high-net-worth individuals and their businesses [3] Group 3: Dividend Information - The company declared a quarterly cash dividend on its Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock, Series A, at a rate of $15.94 per preferred share, equating to $0.3984 for each depositary share [6] - A quarterly cash dividend of $3.3333 per share was declared for its Series B Noncumulative Convertible Preferred Stock, and for its Series D Non-Voting Common Equivalent Stock, payable on March 17, 2025, to holders of record as of March 7, 2025 [6]
FLAGSTAR FINANCIAL, INC. DECLARES QUARTERLY CASH DIVIDENDS ON ITS COMMON STOCK AND PREFERRED STOCKS