---
schema_version: "secwatch.filing_event.v1"
accession: "0000910073-24-000179"
form_type: "8-K"
ticker: "FLG"
cik: "0000910073"
company_name: "FLAGSTAR BANK, NATIONAL ASSOCIATION"
filed_at: "2024-10-25T23:59:59+00:00"
generated_at: "2026-05-30T10:17:05.705559+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NYCB reports Q3 net loss of $289M; deposits up $4B, NIM declines to 1.79%

## Summary
- Q3 GAAP net loss of $289M ($0.79/diluted share); non-GAAP net loss of $252M ($0.69/share).
- Deposits rose $4B to $83B; wholesale borrowings cut 31% to $19.3B; loan/deposit ratio 86%.
- Net interest margin fell 19bp QoQ to 1.79%; net interest income down 8% to $510M.
- Provision for credit losses $242M; net charge-offs $240M; ACL coverage 1.87% vs 1.78% Q2.
- Company changed name to Flagstar Financial, Inc. (ticker FLG); director Peter Schoels resigned.

## SEC filing metadata
- accession: 0000910073-24-000179
- form_type: 8-K
- ticker: FLG
- cik: 0000910073
- company_name: FLAGSTAR BANK, NATIONAL ASSOCIATION
- filed_at: 2024-10-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/910073/000091007324000179/0000910073-24-000179-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/910073/000091007324000179/nycb-20241025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000910073-24-000179
- JSON: https://secwatch.observer/filing/0000910073-24-000179.json
- Plain text: https://secwatch.observer/filing/0000910073-24-000179.txt

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