Flagstar Bank NA - Company Profile
Powered by 
All the sales intelligence you need on Flagstar Bank NA in one solution.
- Save hours of research time with a comprehensive
Sales Intelligence Solution.
- Understand how Flagstar Bank NA fits into your total
addressable market and Ideal Customer Profile.
- Gain competitive edge with triggers that tell you
when and how to engage with Flagstar Bank NA.
Get in touch about GlobalData Company reports
Contact the team or request a demo to find out how our data can drive your business forward
Related keylists
Flagstar Bank NA, formerly Flagstar Financial Inc (Flagstar) is a bank holding company focusing on providing a range of financial services. The company's main activities include offering banking, lending, and wealth management solutions. Flagstar's major products and services encompass checking and savings accounts, debit and credit cards, home loans, and business banking solutions. The company serves individual customers, small businesses, and commercial clients, providing tailored financial solutions across various sectors. Flagstar operates through a network of branches and ATMs, facilitating access to its services. The company targets markets across the US, with a focus on delivering comprehensive financial services. Flagstar is headquartered in Hicksville, New York, the US.
Headquarters
United States of America
Address
102 Duffy Ave, Hicksville, New York, 11801
Website
www.flagstar.com
No of Employees
5,631
Industry
Financial Services
Ticker Symbol & Exchange
FLG (NYSE)
Revenue (2024)
$4.8B
-24.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
84.2%
(2024 vs 2023)
Market Cap*
$6.2B
Net Profit Margin (2024)
XYZ
79.1%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts and Deposits: | Small Business Online Banking | Flagstar Bank |
| Checking Accounts | Cash Management | |
| Savings Accounts | Investment Services | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Asset Disposal | In November, the company sold its mortgage servicing and third-party origination business. |
| 2024 | Divestiture | In November, the company sold the residential mortgage servicing business to Mr. Cooper, a non-bank mortgage originator and servicer for US$1.3 billion. |
| 2024 | Corporate Changes/Expansions | In October, the company opened new branch in Brooklyn, the US. |
Competitor Comparison
| Key Parameters | Flagstar Bank NA | First Citizens BancShares Inc | Fifth Third Bancorp | Citizens Financial Group Inc | First Horizon Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Hicksville | Raleigh | Cincinnati | Providence | Memphis |
| State/Province | New York | North Carolina | Ohio | Rhode Island | Tennessee |
| No. of Employees | 5,631 | 17,876 | 25,980 | 17,380 | 7,369 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Joseph M. Otting | Chief Executive Officer; President; Chairman | Executive Board | 2024 | 68 |
| Lee M. Smith | Senior Executive Vice President; Chief Financial Officer | Senior Management | 2024 | 51 |
| George F. Buchanan III | Executive Vice President; Chief Risk Officer | Senior Management | 2024 | 56 |
| Bao Nguyen | Senior Executive Vice President; Chief - Staff; General Counsel | Senior Management | 2024 | 44 |
| Colleen McCullum | Executive Vice President; Chief Audit Executive | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
Still looking?
Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.
Explorer
Access more premium companies when you subscribe to Explorer