Flagstar Financial, Inc. (FLG) — Financial statements
Income statement, balance sheet, and cash flow for Flagstar Financial, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 4,695↓26.5% | 6,384↑5.6% | 6,047↑177.6% | 2,178↑24.5% | 1,750 | |
| Cost of Revenue | 2,929↓40.1% | 4,893↑50.7% | 3,247↑291.7% | 829↑105.7% | 403 | |
| Gross Profit | 1,766↑18.4% | 1,491↓46.8% | 2,800↑107.6% | 1,349↑0.1% | 1,347 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 1,178↓50.6% | 2,385↑25.6% | 1,899↑270.9% | 512↑19.1% | 430 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,178↓50.6% | 2,385↑25.6% | 1,899↑270.9% | 512↑19.1% | 430 | |
| Other Expenses | 786↑62.4% | 484↓49.1% | 951↑8545.5% | 11↓90.1% | 111 | |
| Operating Expenses | 1,964↓31.5% | 2,869↑0.7% | 2,850↑444.9% | 523↓3.3% | 541 | |
| Total Costs & Expenses | 4,893↓37.0% | 7,762↑27.3% | 6,097↑351.0% | 1,352↑43.2% | 944 | |
| Operating Results | ||||||
| Operating Income | -198↑85.6% | -1,378↓2656.0% | -50↓106.1% | 826↑2.5% | 806 | |
| Depreciation & Amortization | 0.00↓100.0% | 184↑11.5% | 165↑617.4% | 23↑9.5% | 21 | |
| EBITDA | -198↑83.4% | -1,194↓1138.3% | 115↓86.5% | 849↑2.7% | 827 | |
| EBIT | -198↑85.6% | -1,378↓2656.0% | -50↓106.1% | 826↑2.5% | 806 | |
| Interest & Other Income | ||||||
| Net Interest Income | 1,721↓20.0% | 2,151↓30.1% | 3,077↑120.4% | 1,396↑8.3% | 1,289 | |
| Interest Income | 4,466↓25.0% | 5,952↑8.4% | 5,491↑162.5% | 2,092↑23.9% | 1,689 | |
| Interest Expense | 2,745↓27.8% | 3,801↑57.5% | 2,414↑246.8% | 696↑74.0% | 400 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | -198↑85.6% | -1,378↓2656.0% | -50↓106.1% | 826↑2.5% | 806 | |
| Income Tax Expense | -21↑91.9% | -260↓996.6% | 29↓83.5% | 176↓16.2% | 210 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -177↑84.2% | -1,118↓1315.2% | -79↓112.2% | 650↑9.1% | 596 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -177↑84.2% | -1,118↓1315.2% | -79↓112.2% | 650↑9.1% | 596 | |
| Bottom-Line Net Income | -210↑81.8% | -1,153↓885.5% | -117↓119.2% | 609↑9.5% | 556 | |
| EPS (Basic) | -0.51↑85.4% | -3.49↓612.2% | -0.49↓113.0% | 3.78↑5.3% | 3.59 | |
| EPS (Diluted) | -0.51↑85.4% | -3.49↓612.2% | -0.49↓113.0% | 3.77↑5.0% | 3.59 | |
| Weighted Average Shares | 415↑29.7% | 320↑34.7% | 238↑47.6% | 161↑4.2% | 155 | |
| Weighted Average Diluted Shares | 415↑25.6% | 331↑39.0% | 238↑47.1% | 162↑4.5% | 155 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.