---
schema_version: "secwatch.filing_event.v1"
accession: "0000910073-24-000034"
form_type: "8-K/A"
ticker: "FLG"
cik: "0000910073"
company_name: "FLAGSTAR BANK, NATIONAL ASSOCIATION"
filed_at: "2024-01-31T23:59:59+00:00"
generated_at: "2026-06-06T14:32:03.898379+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# NYCB reports Q4 net loss of $252M, cuts dividend to $0.05, builds reserves on credit concerns

## Summary
- Q4 net loss available to common $260M, diluted EPS $(0.36); adjusted EPS $(0.27).
- Recorded $552M provision for credit losses; ACL rose to $992M (1.17% of loans).
- Full-year 2023 net income $2.4B includes $2.2B bargain purchase gain; adjusted EPS $0.80.
- Quarterly common dividend slashed to $0.05 from prior rate to accelerate capital build.
- Total assets $116.3B; joined Category IV large-bank category; CET1 ratio 9.10%.

## SEC filing metadata
- accession: 0000910073-24-000034
- form_type: 8-K/A
- 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/910073/000091007324000034/0000910073-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910073/000091007324000034/nycb-20240131.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000910073-24-000034
- JSON: https://secwatch.observer/filing/0000910073-24-000034.json
- Plain text: https://secwatch.observer/filing/0000910073-24-000034.txt

## Key facts
- Earnings Releases
  FLAGSTAR BANK, NATIONAL ASSOCIATION reported the three and twelve months ended December 31, 2023 results: net income $2.4 billion (full year), net loss of $252 million (Q4), EPS $3.24 (full year), $(0.36) (Q4).
  - Period: the three and twelve months ended December 31, 2023
  - Net income: $2.4 billion (full year), net loss of $252 million (Q4)
  - EPS: $3.24 (full year), $(0.36) (Q4)
  - Result: reported results
  source text: On January 31, 2024 , New York Community Bancorp, Inc. (the “Company”) issued a news release reporting its financial results for the three and twelve months ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/910073/000091007324000034/0000910073-24-000034-index.htm

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