#United States #dividends #Hicksville #Flagstar Bank #preferred stocks

Flagstar Bank Announces Quarterly Cash Dividends

In a recent announcement that is sure to catch the attention of investors and stakeholders alike, Flagstar Bank, N.A. (NYSE: FLG) revealed that its Board of Directors has approved quarterly cash dividends for both its common and preferred stocks. This strategic decision underscores the bank's ongoing commitment to rewarding its shareholders and maintaining strong financial performance.

Details of the Dividend Declaration

On February 12, 2026, Flagstar Bank made a significant update regarding its financial operations. The Board of Directors declared a quarterly cash dividend of $0.01 per share on the bank's common stock. This dividend is set to be payable on March 17, 2026, with eligibility limited to common stockholders who are recorded as of March 7, 2026. Such dividends are not just an indication of profitability, but they are also a testament to the bank's robust operational framework amidst fluctuating market conditions.

In addition to the common stock dividend, Flagstar Bank also announced dividends on three series of its preferred stock:
1. A cash dividend of $15.94 per preferred share for the Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock, Series A, which translates to $0.3984 for each depositary share. This dividend is also scheduled for March 17, 2026, for holders recorded as of March 7, 2026.
2. The Series B Noncumulative Convertible Preferred Stock will see a cash dividend of $3.3333 per share, payable on the same date to individuals on record by March 7, 2026.
3. The Series D Non-Voting Common Equivalent Stock will also receive the same dividend of $3.3333 per share for its shareholders.

Flagstar Bank's Operational Performance

Founded in Hicksville, New York, Flagstar Bank, N.A. is recognized as one of the significant regional banks in the United States, with a comprehensive operational network that includes around 340 locations across 10 states. As of December 31, 2025, the bank reported holding approximately $87.5 billion in assets, $61 billion in loans, and $66 billion in deposits, alongside a total stockholders' equity of $8.1 billion. This portrays a thriving institution that navigates the complexities of the financial landscape effectively.

The bank demonstrates a particularly strong presence in the greater New York/New Jersey area and the upper Midwest, with an expanding footprint in rapidly developing markets in Florida and along the West Coast. The ongoing commitment to shareholder returns through regular dividend payments aligns with the bank's strategic objectives of sustained growth and financial health.

Implications for Investors

For investors, the declaration of quarterly dividends is a positive sign, indicating that Flagstar Bank is enjoying healthy financial performance and remains committed to providing value to its shareholders. Such dividends can attract both institutional and retail investors looking for stable income streams amidst the ever-changing economic landscape.

As Flagstar Bank continues to position itself for future growth, the forthcoming dividends may contribute to enhancing investor confidence, paving the way for increased investment and participation in the market.

In summary, the recent dividend announcements from Flagstar Bank not only showcase its operational stability but also reaffirm its ongoing promise to return value to its shareholders, making it a noteworthy player in the banking sector.