← FLAGSTAR BANK, NATIONAL ASSOCIATION

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $1.3b $1.1b $29.8m $29.3m $22.0m $23.0m $27.0m $3.1b $2.2b $1.7b
Operating Costs and Expenses — — — — — — — $2.1b $2.6b $1.9b
Operating Expenses $638.1m $641.2m $546.6m $511.2m — $518.0m $604.0m — — —
Noninterest income:
Additional Financial Items
Bank Owned Life Insurance Income $31.0m $27.1m $28.3m $28.4m $31.8m $29.0m $32.0m $43.0m $42.0m $49.0m
Amortization of Intangible Assets $2.4m $208k — — — — $5.0m $126.0m $136.0m $107.0m
Debt and Equity Securities, Gain (Loss) — — ($2.0m) $7.7m — — — ($1.0m) — $31.0m
Debt and Equity Securities, Realized Gain (Loss) — — — — $1.3m — ($2.0m) — — —
Debt Securities, Gain (Loss) — — — — — — — — — $30.0m
Fair Value, Option, Changes in Fair Value, Gain (Loss) ($33.1m) ($19.2m) ($224k) — — — — $43.0m $47.0m $26.0m
Goodwill, Impairment Loss $0 $0 — — $0 $0 $0 $2.4b $0 $0
Operating Lease, Lease Income — — — $9.5m — — — — — —
Preferred Stock Dividends and Other Adjustments $3.8m — — — — — — — — —
Preferred Stock Dividends, Income Statement Impact — $24.6m $32.8m $32.8m $32.8m $33.0m $33.0m $33.0m $35.0m $33.0m
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $777.1m $668.2m $557.7m $523.3m $587.8m $806.0m $826.0m ($50.0m) ($1.4b) ($198.0m)
Net Income (Loss) Attributable to Parent $495.4m $466.2m $422.4m $395.0m $511.1m $596.0m $650.0m ($79.0m) ($1.1b) ($177.0m)
Net Income (Loss) Available to Common Stockholders, Basic $491.6m $441.6m $389.6m $362.2m $478.3m $563.0m $617.0m ($112.0m) ($1.2b) ($210.0m)
Earnings Per Share, Basic $3.03 $2.70 $2.37 $2.31 $3.06 $3.60 $3.78 ($0.48) ($3.49) ($0.50)
Earnings Per Share, Diluted $3.03 $2.70 $2.37 $2.31 $3.06 $3.60 $3.78 ($0.48) ($3.49) ($0.50)
Weighted Average Number of Shares Outstanding, Basic 161.7m 162.4m 162.4m 155.1m 154.2m 154.6m 161.2m 237.9m 330.7m 415.3m
Weighted Average Number of Shares Outstanding, Diluted 161.7m 162.4m 162.4m 155.2m 154.4m 154.9m 161.7m 237.9m 330.7m 415.3m
Noninterest expense:
Selling, General and Administrative Expense $188.1m $181.3m $129.0m $120.3m $124.4m $127.0m $158.0m — — —
Labor and Related Expense $351.4m $361.0m $317.5m $301.7m $300.9m $303.0m $354.0m $1.1b $1.3b $976.0m
Business Combination, Acquisition Related Costs — — — — — — — $330.0m — —
Current Income Tax Expense (Benefit) $237.0m $180.6m $112.1m $27.5m ($142.6m) $223.0m $179.0m — — —
Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal — — — — — — — $794.0m $1.1b $180.0m
General and Administrative Expense — — — — — — — $750.0m $809.0m $307.0m
Interest Expense $387.5m $452.2m $658.7m $847.8m $607.9m $400.0m $696.0m $2.4b — —
Real Estate Tax Expense $5.0m $5.0m — — — — — — — —
Income Tax Expense (Benefit) $281.7m $202.0m $135.3m $128.3m $76.7m $210.0m $176.0m $29.0m ($260.0m) ($21.0m)
Total interest expense — — — — — — — — $3.8b $2.7b
Interest Income (Expense), Net $1.3b $1.1b $1.0b $957.4m $1.1b $1.3b $1.4b $3.1b $2.2b $1.7b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.