Flagstar Financial, Inc. (FLG)

Flagstar Financial Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	23,080	11,475	2,032	2,211	1,948	741.87
Investment Securities	2,000	2,968	4,589	3,082	2,892	2,589
Trading Asset Securities	40	138	234	-	-	-
Mortgage-Backed Securities	8,525	6,563	4,789	2,790	3,038	3,354
Total Investments	10,565	9,669	9,612	5,872	5,930	5,943
Gross Loans	71,309	84,877	69,086	45,833	43,000	41,999
Allowance for Loan Losses	-1,264	-992	-393	-199	-194	-147.64
Other Adjustments to Gross Loans	-193	-258	-85	-95	-116	-104.83
Net Loans	69,852	83,627	68,608	45,539	42,690	41,747
Property, Plant & Equipment	1,108	1,078	610	519	554	598.82
Goodwill	-	-	2,426	2,426	2,426	2,426
Other Intangible Assets	519	625	287	-	-	-
Loans Held for Sale	1,851	1,182	1,115	-	117	-
Accrued Interest Receivable	339	461	323	214	234	141.3
Restricted Cash	-	135	50	-	-	-
Other Real Estate Owned & Foreclosed	15	14	12	8	8	12.27
Other Long-Term Assets	4,043	4,399	3,802	2,004	1,685	1,383
Total Assets	114,367	114,057	90,144	59,527	56,306	53,641
Interest Bearing Deposits	49,531	53,133	42,917	30,525	29,357	29,225
Institutional Deposits	14,910	7,894	3,749	-	-	-
Non-Interest Bearing Deposits	18,572	20,499	12,055	4,534	3,080	2,432
Total Deposits	83,013	81,526	58,721	35,059	32,437	31,657
Short-Term Borrowings	75	1,554	2,936	-	-	-
Current Portion of Long-Term Debt	-	7,350	-	-	-	-
Current Portion of Leases	19	71	-	-	-	-
Accrued Interest Payable	109	50	37	18	19	23.4
Other Current Liabilities	1,298	915	-	-	-	-
Long-Term Debt	473	438	432	1,096	1,096	1,095
Federal Home Loan Bank Debt, Long-Term	19,250	11,900	17,525	15,105	14,628	13,103
Long-Term Leases	465	375	122	249	267	285.99
Trust Preferred Securities	581	579	575	361	360	359.87
Pension & Post-Retirement Benefits	-	8	7	10	12	11.9
Long-Term Deferred Tax Liabilities	-	517	107	384	420	201.43
Other Long-Term Liabilities	512	407	858	201	225	191.68
Total Liabilities	105,795	105,690	81,320	52,483	49,464	46,929
Preferred Stock, Non-Redeemable	503	503	503	503	503	502.84
Total Preferred Equity	504	503	503	503	503	502.84
Common Stock	4	7	7	5	5	4.9
Additional Paid-In Capital	9,266	8,231	8,130	6,126	6,123	6,115
Retained Earnings	-562	443	1,041	741	494	342.02
Treasury Stock	-219	-218	-237	-246	-258	-220.72
Comprehensive Income & Other	-421	-599	-620	-85	-25	-32.84
Total Common Equity	8,068	7,864	8,321	6,541	6,339	6,209
Shareholders' Equity	8,572	8,367	8,824	7,044	6,842	6,712
Total Liabilities & Equity	114,367	114,057	90,144	59,527	56,306	53,641
Total Debt	20,863	22,267	21,590	16,811	16,351	14,844
Net Cash (Debt)	2,257	-10,654	-19,324	-14,600	-14,403	-14,102
Net Cash Per Share	7.86	-44.79	-119.50	-94.27	-93.27	-90.85
Filing Date Shares Outstanding	415.11	258.37	227.63	155.66	155.23	155.77
Total Common Shares Outstanding	415.26	240.69	227.07	155.01	154.63	155.78
Book Value Per Share	19.43	32.67	36.64	42.20	40.99	39.86
Tangible Book Value	7,549	7,239	5,608	4,115	3,913	3,782
Tangible Book Value Per Share	18.18	30.08	24.70	26.55	25.30	24.28

Source: S&P Capital IQ. Banks template. Financial Sources.