FLG

Flagstar Financial, Inc. (NYSE:FLG) is a regional bank holding company that operates through its subsidiary Flagstar Bank, N.A. Originally founded in 1859 as Queens County Savings Bank, the company underwent significant transformation in recent years, including a major acquisition and subsequent rebranding. The institution was formerly known as New York Community Bancorp until October 2024, when it changed its name to Flagstar Financial following its acquisition of Flagstar Bank. The company crossed the $100 billion asset threshold in 2023, making it subject to enhanced regulatory oversight as a Category IV bank. Currently headquartered in Hicksville, New York, Flagstar Financial has been navigating a challenging period of strategic restructuring while managing credit quality issues in its commercial real estate portfolio.