secwatch.observer — SEC 8-K summary
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Issuer:     FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG)
CIK:        0000910073
Form:       8-K
Filed at:   2023-10-26T23:59:59+00:00
Accession:  0000910073-23-000078
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYCB Q3 GAAP EPS $0.27, adjusted $0.36; NIM up to 3.27%; declares $0.17 dividend
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- GAAP diluted EPS $0.27, net income to common $199M; adjusted diluted EPS $0.36, adjusted net income $266M.
- Net interest margin expanded 6 bps to 3.27%; net interest income $882M, down 2% from prior quarter.
- Loans held for investment up $717M to $84.0B; C&I loans up $562M, CRE up $302M.
- Non-performing loans rose 68% to $392M (0.47% of loans), driven by two office CRE loans.
- Quarterly dividend of $0.17/share declared, payable Nov 16 to holders of record Nov 6.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910073/000091007323000078/0000910073-23-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910073/000091007323000078/nycb-20231026.htm
  HTML page:      https://secwatch.observer/filing/0000910073-23-000078

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer