Flagstar Bank, N.A. issued an 8-K on October 28, 2026, announcing that its Board of Directors declared quarterly cash dividends on its common stock and three series of preferred stock, all payable on December 17, 2026.

Key Highlights

  • Common stock dividend: The Board declared a quarterly cash dividend of $0.01 per share on the Bank's common stock.
  • Series A preferred dividend: A quarterly cash dividend of $15.94 per preferred share (equating to $0.3984 per depositary share) was declared on the Fixed-to-Floating Rate Noncumulative Perpetual Preferred Stock, Series A (NYSE:FLGPRA).
  • Series B preferred dividend: A quarterly cash dividend of $3.3333 per share was declared on the Series B Noncumulative Convertible Preferred Stock.
  • Series D preferred dividend: A quarterly cash dividend of $3.3333 per share was declared on the Series D Non-Voting Common Equivalent Stock.
  • Payment and record dates: All dividends are payable on December 17, 2026, to holders of record as of December 7, 2026.
  • Bank size: As of September 30, 2026, the Bank reported $87.4 billion in assets, $62.1 billion in loans, $67.8 billion in deposits, and $7.6 billion in total stockholders' equity.

Flagstar Bank Board Approves Dividends Across Common and Three Preferred Series

Flagstar Bank, N.A. (NYSE:FLG) disclosed on October 28, 2026, that its Board of Directors approved quarterly cash dividends on its common stock and on three series of preferred stock. According to the filing, the common stock dividend is set at $0.01 per share. For the Series A preferred stock, the dividend rate is $15.94 per preferred share; because each depositary share represents a 1/40th ownership interest in a share of Series A preferred stock, the per-depositary-share amount equates to $0.3984, the filing stated.

The filing further disclosed that holders of the Series B Noncumulative Convertible Preferred Stock and the Series D Non-Voting Common Equivalent Stock will each receive a quarterly cash dividend of $3.3333 per share. All four dividend payments share the same record date of December 7, 2026, and the same payment date of December 17, 2026, according to the announcement.

In background information included in the filing, Flagstar Bank, N.A. described itself as "one of the largest regional banks in the country." The Bank reported that as of September 30, 2026, it held $87.4 billion in assets, $62.1 billion in loans, $67.8 billion in deposits, and $7.6 billion in total stockholders' equity. The filing also noted that the Bank operates approximately 320 retail locations and 20 Private Banking Offices across nine states, with operations concentrated in the greater New York/New Jersey metropolitan region and the upper Midwest, as well as presence in Florida and the West Coast.

What Was Disclosed

Flagstar Bank, N.A. announced Board-declared quarterly cash dividends of $0.01 per common share and separate amounts on three preferred series, all with a December 7, 2026, record date and a December 17, 2026, payment date.