---
schema_version: "secwatch.filing_event.v1"
accession: "0000910073-24-000031"
form_type: "8-K"
ticker: "FLG"
cik: "0000910073"
company_name: "FLAGSTAR BANK, NATIONAL ASSOCIATION"
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:32:28.086560+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NYCB posts Q4 net loss $252M, slashes dividend to $0.05 to build capital

## Summary
- Q4 net loss available to common $260M ($0.36 diluted EPS); adjusted net loss $193M.
- Full-year 2023 net income available to common $2.3B ($3.24); adjusted $576M ($0.80).
- Board cuts quarterly common dividend from $0.17 to $0.05 per share; payable Feb 28.
- Q4 provision for credit losses $552M, boosting ACL to 1.17% of loans; net charge-offs $185M driven by two loans.
- Total assets $116.3B; deposits $81.4B down 2% QoQ; regulatory capital ratios remain well capitalized.

## SEC filing metadata
- accession: 0000910073-24-000031
- form_type: 8-K
- ticker: FLG
- cik: 0000910073
- company_name: FLAGSTAR BANK, NATIONAL ASSOCIATION
- filed_at: 2024-01-31T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910073/000091007324000031/0000910073-24-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910073/000091007324000031/nycb-20240131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000910073-24-000031
- JSON: https://secwatch.observer/filing/0000910073-24-000031.json
- Plain text: https://secwatch.observer/filing/0000910073-24-000031.txt

## Key facts
- Earnings Releases
  FLAGSTAR BANK, NATIONAL ASSOCIATION reported full-year 2023 results: net income net income for the year ended December 31, 2023 of $2.4 billion, EPS $3.24.
  - Period: full-year 2023
  - Net income: net income for the year ended December 31, 2023 of $2.4 billion
  - EPS: $3.24
  - Result: reported results
  source text: New York Community Bancorp, Inc. (NYSE: NYCB) (the “Company”) today reported net income for the year ended December 31, 2023 of $2.4 billion compared to net income of $650 million for the year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910073/000091007324000031/0000910073-24-000031-index.htm
- Earnings Releases
  FLAGSTAR BANK, NATIONAL ASSOCIATION reported fourth quarter 2023 results: net income net loss of $252 million, EPS $(0.36).
  - Period: fourth quarter 2023
  - Net income: net loss of $252 million
  - EPS: $(0.36)
  - Result: reported results
  source text: For the three months ended December 31, 2023, the Company reported a net loss of $252 million compared to net income of $207 million for the three months ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910073/000091007324000031/0000910073-24-000031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.